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World Smart Electricity Meter Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773738
  • Report
  • Region: Global
  • Allied Analytics LLP
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The Smart Electricity Meters are replacing traditional electricity meters. Smart electricity meters facilitate the in line communication of electricity suppliers with consumers electricity meters eliminating the manual intervention in meter readings. Smart Electricity meters provide consumers with an accurate real time data of their energy consumption whilst rendering a greater control over electricity consumption. The smart electricity meters also help the consumer in selecting tariff plans tailored to fit their energy consumption.

The smart meter market is witnessing significant growth with favourable government mandates and fiscal incentives. Also additional benefits such as efficient energy management, controlled energy consumption and greater security against electricity theft will drive the smart meter market. Requirement of smart meters for every household represents the potential of the market. Growth of smart meter market will also drive the market for components and auxiliary equipment. However the higher installation cost and non-acceptance by user may restrain its market growth. North America, China and Europe are the major hubs for the smart meter market. The key market players include Itron Inc, Landis+Gyr Ltd, GE Energy Company, Elster Group (Germany) and Sensus USA Inc.

This report outlines the current scenario of the smart electricity meter market, with an estimation of expected growth trends and an analysis of all the key factors influencing this market. It also describes the competitive scenario and its intensity in the near future along with a forecast of the global smart electricity meter market. The study also showcases all the segments covering this market on the basis of type of consumer and geography. Key players are profiled with detailed information on their business overview, product portfolio, financials, investments, news and recent developments.

KEY BENEFITS

The report highlights a blueprint the global smart electricity meter market with an analysis of the current and future growth trends, driving factors, scope, opportunities and the challenges in the market
The report also highlights the government policies regarding mandates along with fiscal incentives and their impact on the market
The report provides a current market scenario with a forecast through 2014-2020, considering 2013 as the base year
Porters Five Forces model is used to analyse the potency of buyers & suppliers, and highlights a competitive structure of the market, which would enable market players to develop effective strategies
Key companies in the Smart Electricity Meters market are profiled along with their SWOT analysis
Value chain analysis provides a systematic study of role of stakeholders involved in the value chain of the market such as suppliers, smart meter manufacturers and power generation and transmission and distribution operators

MARKET SEGMENTATION

The market is segmented on the basis of End-User and Geography.

MARKET BY END-USER

Residential
Commercial
Industrial

MARKET BY GEOGRAPHY

North America
Europe
Asia Pacific
LAMEA

KEY PLAYERS

Itron Inc
Landis+Gyr Ltd
GE Energy Company
Elster Group
Sensus USA Inc
Silver Spring
Sensus
Jiangsu Linyang
Echelon
Holley Metering



* This report will be delivered in 12 Business Days. *
Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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