Global Smart Electric Meter Market 2017-2021

  • ID: 4211585
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • EKM Metering
  • Holley Metering
  • Kamstrup
  • Landis+Gyr
  • LINYANG Energy
  • Murata Power Solutions
  • MORE
Smart electric meters are utility meters that estimate the energy consumption and gauge the consumption patterns at an advanced level. These meters are often used in the residential segment.

The analysts forecast the global smart electric meter market to grow at a CAGR of 8.83% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart electric meter market for 2017-2021. To calculate the market size, the report considers the new installations of smart electric meter market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Smart Electric Meter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Itron
- Landis+Gyr
- Schneider Electric
- Sensus

Other prominent vendors
- Advanced Electronics Company
- EKM Metering
- Elster Group (owned by Honeywell)
- Holley Metering
- Jiaxing Eastron Electronic Instruments
- Kamstrup
- LINYANG Energy
- Murata Power Solutions
- Simpson Electric
Market drivers
- Loopholes in traditional analog electric meters
- For a full, detailed list, view the full report

Market challenges
- High cost of the product
- For a full, detailed list, view the full report

Market trends
- Rising patent filings
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • EKM Metering
  • Holley Metering
  • Kamstrup
  • Landis+Gyr
  • LINYANG Energy
  • Murata Power Solutions
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
  • Overview of smart electric meters
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Global smart electric meter market by end-user
  • Global smart electric meter market by residential segment
  • Global smart electric meter market by commercial segment
  • Global smart electric meter market by industrial segment
PART 07: Geographical segmentation
  • Global smart electric meter market by geography
  • Smart electric meter market in the Americas
  • Smart electric meter market in APAC
  • Smart electric meter market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends
  • Rising patent filings
  • Growing demand for wireless smart meters
  • Introduction of usage-based tariff plans
  • HAN connectivity for remote access
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors (indicative list)
PART 12: Key vendor analysis
  • Itron
  • Landis+Gyr
  • Schneider Electric
  • Sensus
PART 13: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Features of different technologies used in AMR
Exhibit 02: Application of communication technologies for smart electric meters
Exhibit 03: Market overview of global smart electric meter market
Exhibit 04: Global smart electric meter market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global smart electric meter market by end-user segmentation 2016 and 2021 (%)
Exhibit 07: The global smart meter market by end-user segmentation 2016-2021 ($ billions)
Exhibit 08: Global smart electric meter market by residential segment 2016-2021 ($ billions)
Exhibit 09: Global smart electric meter market by commercial segment 2016-2021 ($ billions)
Exhibit 10: Global smart electric meter market by industrial segment 2016-2021 ($ billions)
Exhibit 11: Smart electric meter market by geographical segmentation 2016-2021 (%)
Exhibit 12: Smart meter market by geographical segmentation 2016-2021 ($ billions)
Exhibit 13: Smart electric meter market in the Americas 2016-2021 ($ billions)
Exhibit 14: Smart electric meter market in APAC 2016-2021 ($ billions)
Exhibit 15: Growing urbanization rates 2015 and 2020(%)
Exhibit 16: Smart electric meter market in EMEA 2016-2021 ($ billions)
Exhibit 17: Global electrification rate 2014
Exhibit 18: Impact of drivers
Exhibit 19: AMI operational costs break-up (over 20 years, %)
Exhibit 20: Impact of challenges
Exhibit 21: Major patent filings in smart electric meter market (as per ranking)
Exhibit 22: Other prominent vendors (indicative list)
Exhibit 23: Itron: Operating segments
Exhibit 24: Itron: Key products
Exhibit 25: Landis+Gyr: Key products
Exhibit 26: Schneider Electric: Key products
Exhibit 27: Sensus: Reporting segments
Exhibit 28: Sensus: Product portfolio
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FEATURED COMPANIES

  • EKM Metering
  • Holley Metering
  • Kamstrup
  • Landis+Gyr
  • LINYANG Energy
  • Murata Power Solutions
  • MORE
New Report Released: - Global Smart Electric Meter Market 2017-2021

The author of the report recognizes the following companies as the key players in the global smart electric meter market: Itron, Landis+Gyr, Schneider Electric, and Sensus.

Other Prominent Vendors in the market are: Advanced Electronics Company, EKM Metering, Elster Group (owned by Honeywell), Holley Metering, Jiaxing Eastron Electronic Instruments, Kamstrup, LINYANG Energy, Murata Power Solutions, and Simpson Electric.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is rising patent filings. The smart electricity meter market is witnessing increased expenditure by vendors on their R&D activities, leading to product innovations and safety. In addition, the vendors in the market are working to reduce the cost of upgrades as well as maintenance. Changing technology, growing demand, and changes in consumer preferences are forcing vendors to deliver the meters with high efficiency to survive the commoditization in the market.”

According to the report, one of the major drivers for this market is loopholes in traditional analog electric meters. The traditional analog meter readings have errors and require more than one reading to track the energy used. The analyst estimates the error rate of these traditional meters to be around 3%, which can be avoided by installing smart electric meters. As smart meters do not require manual calculations, this reduces human intervention and chances of errors.

Further, the report states that one of the major factors hindering the growth of this market is high cost of the product. The installation cost of smart electric meters is comparatively higher than that of traditional meters. The return on investment for these meters is realized within a span of five to eight years.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Landis+Gyr
  • Schneider Electric
  • Sensus
  • Advanced Electronics Company
  • EKM Metering
  • Elster Group (owned by Honeywell)
  • Holley Metering
  • Jiaxing Eastron Electronic Instruments
  • Kamstrup
  • LINYANG Energy
  • Murata Power Solutions
  • Simpson Electric
Note: Product cover images may vary from those shown
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