EL panel meters are used to measure energy consumption in homes and buildings and other facilities. Measure process is done by either metering the whole panel at source or the individual circuits could be measured for accurate results, which is termed as branch circuit monitoring. EL panel meters offer a wide variety of features such as data logging, time-of-use, internal memory, etc. as the EL panel meters have communication options this allows the collection of data remotely in turn this offers, convenient access to an array of energy reading remotely and power and provides a detailed reporting. The EL panel meters are used to read energy consumed in three major applications domestic, commercial and industrial. EL panel meters for commercial facility is imperative in understanding the energy needs of a building and the occupants, EL panel meters provides data to building managers and others such as kWh usage, data logging, quality of power and the time of use. The industrial facilities require EL panel meters which are accurate and reliable in metering technology. EL panel meters in industries provides valuable power of quality data.as EL panel meters provide multiple functionality the original equipment manufacturers could take advantage of EL panel metering technology to incorporate new features or layers of functionality in the EL panel meters.
Government policies and fiscal incentives are the major driver of the global EL panel meter market. The factors like energy independence, security, safety, carbon reduction, efficiency, energy management, lower energy cost are the key factors driving the global EL panel meter market. Several government policies such as restructured accelerated power development and reform program and the central electricity authority guidelines have paved the way for EL panel metering, CEA regulations and Bureau of Indian standards have been promoting energy metering to educate the consumers about the energy metering such as EL panel meters and their importance. However technological gaps, lack of standard specification, low product quality, supply-demand gaps, and lack of awareness, power pilferage and unhealthy completions are several challenges that restrain the global EL panel meter market.
The EL Panel Meter market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for EL Panel Meter.
This report presents the worldwide EL Panel Meter market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Red Lion Controls
Proton Power Control
EL Panel Meter Breakdown Data by Type
Analogue EL Panel Meters
Digital EL Panel Meters
EL Panel Meter Breakdown Data by Application
EL Panel Meter Production by Region
EL Panel Meter Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global EL Panel Meter status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key EL Panel Meter manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of EL Panel Meter :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of EL Panel Meter market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.