DUBLIN, Apr. 18, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Smart Meter Market (Electricity, Gas, Water) - Analysis By Meter Type, By End User, By Region, By Country: Opportunities & Forecasts (2011-2022)" report to their offering.
Global Smart Meter Market is forecasted to grow at a CAGR of 6.23% during 2016-2021F, on account of rising advanced infrastructure developments, integrated systems with two way communication and energy consumption real time data and control by individuals.
Global rise in energy demand along with the emerging trends in smart grid technologies, integration, and advanced infrastructure along with IoT (Internet of Things) has led to the growth of Smart Meter market.
Market for Smart meters is growing steadily on account of the growing renewable energy sector with increase in energy demand, controlling carbon emissions through energy saving, reducing wastage and controlling the consumption. As a result, there is increase in the number of installations of smart meters.
Among the segments, market is expected to be driven by Smart Gas Meters and Smart Water Meters majorly in developed countries on account of growing natural gas usage and need for smart water management. The smart gas meters will primarily take the lead due to the utilities going for combine electricity and gas dual fuel supply. Also, the growth for smart meter will primarily be seen in residential areas due to large number of households as a major end user of smart meters.
While in developing regions, they will continue to dominate the market in Smart electricity meter due to the government initiatives for lowering down the prices and increasing awareness among utilities.
APAC region remains the major market among all the regions. In the forecast period, Europe region will witness strong growth driven by the countries such as U.K. and Germany.
Scope of the Report
The report provides Segmentation by Types:
- Smart Electricity Meter
- Smart Gas Meter
- Smart Water Meter
The report provides Segmentation by End User:
- Residential sector
- Commercial sector
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Strategic Recommendations
4. Global Smart Meter Market: An Overview
5. Global Smart Meter Market: Segment Analysis
6. Global Smart Meter Market: Regional Analysis
7. North America Smart Meter Market: Growth and Forecast
8. Europe Smart Meter Market: Growth and Forecast
9. APAC Smart Meter Market: Growth and Forecast
10. Policy and Regulatory Landscape
11. Global Smart Meter Market Dynamics
12. Company Profiles
- GE Energy Connections
- Holley Metering Ltd.
- ICSA Ltd.
- Itron Co.
- Landis+Gyr AG
- Schneider Electric
- Siemens AG
For more information about this report visit http://www.researchandmarkets.com/research/rg7xck/global_smart
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-smart-meter-market-analysis-opportunities--forecasts-2011-2017--2022---research-and-markets-300441070.html