The conditions/ environment of operation of power meters are not the same as it was a few decades ago owing to the dynamism of this market. Smart Electricity Meters Market is constantly evolving thus facilitating development of new technologies. Ever-changing technology combined with addition of new product lines are the major drivers for this industry.
The traditional meter usually has a metal disc that rotates as power is consumed. The disc is actually part of an electric motor that rotates at a speed that is proportional to the product of the voltage and the current being supplied.
Electronic Energy Meter is based on Digital Micro Technology (DMT) and uses no moving parts. So the EEM is known as “Static Energy Meter” In EEM the accurate functioning is controlled by a specially designed IC called ASIC (Application Specified Integrated Circuit). ASIC is constructed only for specific applications using Embedded System Technology. Similar ASICs are now used in Washing Machines, Air Conditioners, Automobiles, Digital Camera etc.
Owing to benefits such as reducing energy consumption, more accurate, lower price as well as lower power consumption, power meters are being used across industry verticals. However, Oil and gas, chemical Industry, power generation and water treatment are key end use industries of the Global Smart Electricity Meters Market.
The global market for Smart Electricity Meters was estimated to be $XX billion in 2015. The global market for Power Metering is estimated to grow at a CAGR of XX% and is forecast to reach $XX billion by 2021. The Smart Meter market is forecast to have the highest growth of XX% during the forecast period 2016-2021.
Asia-Pacific is the leading market for Smart Electricity Meters with China leading the charge. Asia-Pacific region is forecast to have highest growth in the next few years due to growing adoption of power meter in industrial applications. Asia power metering accounts to XX% of the global market for Power Metering and is the fastest growing market followed by Americas. In Americas, Oil & Gas industry as well as Chemical industry is the major end users of Power Meter. North America and Asia together are estimated to occupy a share of more than XX% during 2016-2021.
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2. Executive Summary
3. Smart Electricity Meters Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Top 5 Financials Analysis
4. Smart Electricity Meters Market Forces
4.1. Market Drivers
4.1.1. Energy Savings
4.1.2. High Economic Growth
4.1.3. Raising In Demand For Efficient Data Monitoring System
4.2. Market Constraints & Challenges
4.2.1. Lack Of Skilled Labour
4.2.2. Delay In Smart Meter
4.2.4. Energy Consumption
4.3. Attractiveness Of The Power Metering Industry
4.3.1. Power Of Suppliers
4.3.2. Threats From New Entrants
4.3.3. Power Of Buyer
4.3.4. Threat From Substitute Product
4.3.5. Degree Of Competition
5. Smart Electricity Meters Market Strategic Analysis
5.1. Smart Electricity Meters Market - Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity Analysis
5.3.1. Increase In Energy Demand
5.3.2. Grid Operators Managing The Demand For Power
5.4. Suppliers And Distributors
5.5. Swot Analysis
6. Smart Electricity Meters Market-By Phase
6.2. Single Phase
6.3. Three Phase
7. Smart Electricity Meters Market-By Types
7.2. Analog Meter
7.3. Digital Meter
7.4. Smart Meter
8. Smart Electricity Meters Market-By Application
9. Smart Electricity Meters Market-By Industry
9.2. Oil & Gas
9.4. Water Treatment
9.5. Chemical And Petrochemical
9.6. Pulp And Paper
9.7. Food & Beverage
9.8. Power Generation
9.9. General Machineries
10. Smart Electricity Meters Market -By Geography
10.1. North America
10.3.2. South Korea
10.4. Rest Of The World (Row)
10.4.2. South America
11. Smart Electricity Meters Market Entropy
11.1. New Product Developments
11.2. Mergers And Acquisitions
12. Company Profiles
12.1. Art’s Manufacturing And Supply, Inc. (Ams Inc.)
12.2. Al-Jon Manufacturing, Llc
12.3. Environmental Manufacturing, Inc. (Emi)
12.4. Heitman Laboratories, Inc.
12.5. Kws Manufacturing Company Ltd.
12.6. Kmb Systems, S.R.O.
12.7. Obvius Holdingd Llc
12.8. Lubecorp Manufacturing Inc.
12.9. Quadlogic Meters Canada Inc. (Qmc)
12.10. Secure Meters (Uk) Ltd
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"