Smart Electricity Meter Market By End User- Global Industry Analysis and Forecast to 2022

2018-05-30 / 3800.00 / Equipment / 90 Pages

Description

Industry Outlook and Trend Analysis

The Smart Electricity Meter Market was worth USD 8.89 billion in the year 2012 and is expected to reach approximately USD 23.53 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 10.22% during the forecast period. In 2016 the worldwide smart electricity meters market size was evaluated at USD 6.59 billion. The smart energy meters are utilized to extend the reduce demand of peak electricity, likewise end-users can conveniently monitor the consumption of power daily and decrease it in like manner. Energy providers are additionally expected to pick up benefits through these gadgets, adjusting to their advantages of decrease in response time to determine power cuts and equipment faults, and enhanced client benefit conveyance because of remote perusing accommodations. Different smart meters rollout plots in various districts, for example, United Kingdom, United States, and positive government activities supporting establishment of these gadgets are anticipated to play a key part in industry development. Since production of energy utilizing sustainable methodologies shifts with time, low generation of power results in temperamental vitality profitability. Nonetheless, utilizing metering gadgets that are equipped for dealing with irregular supply help in making up for this loss by controlling energy utilization of different electronic gear. The extensive development anticipations can be authorizing to the considerable advancement of efficient and green energy transmission facilities. Integrated existence crosswise over esteem chain, particularly for ongoing data sharing with respect to utilization and levy rates is seen to be an upper hand. Expanding consciousness among buyers about the advantages of these gadgets is anticipated to positively impact smart meters market development over the conjecture time frame.




End User Outlook and Trend Analysis

Residential applications incorporate standalone autonomous bungalows and suburban/urban apartments. The commercial application section incorporates aligned infrastructures and all commercial buildings, for example, offices, small to large shopping complexes, hotels, and residential lodges. The industrial section includes joining of these gadgets in processing plants and product fabricating facilities. Residential fragment ruled the worldwide income share representing over 75 percent because of expansive number of gadgets essentials to fulfill the energy demand. Electricity meters with high flexibility and high robustness are useful for business area. In 2016 Business applications created noteworthy demand of 16 million units. Development in this area is credited to administrative managerial system and surging awareness with respect to diminishing vitality utilization and the adjusted costs.

Regional Outlook and Trend Analysis

Europe and North America smart meter market are anticipated to witness ideal development by virtue of the administrative conditions and institutionalized strategies. Smart meters are additionally foreseen to encourage improved matrix administration, and are key concentration zones for smart grid projects. Asia Pacific smart meters market is anticipated to develop at a significant pace in the upcoming years. China is outfitting towards economic management of energy with significant reserves for smart grid execution in its thirteenth Five Year Plan. Asia Pacific is trailed by Europe, which represented more than 12 percent of the income share in 2016. Government orders have been built up for the European Union, with rollout plans set by the Commission for Energy Regulation among other administrative bodies. Europe has additionally been centering towards diminishing power utilization by vitality preservation as a long-term objective.

Competitive Insights

The leading players in the market are Elster Group, Schneider Electric, Iskraemeco, ABB Group, Siemens, Landis+Gyr, Holley Metering Ltd, Itron and General Electric. In 2016 the overall digital meter’s market share was dominated by Itron. The company provides effective solutions that analyze measure and manage water and energy.

The global Smart Electricity Meter Market is segmented as follows-

By End User:


Commercial
Residential
Industrial


By Region


North America



U.S
Canada
Mexico



Europe



Germany
France
UK
Italy
Spain
Rest of Europe



Asia-Pacific



Japan
China
Australia
India
South Korea
Rest of Asia Pacific



Rest of the World



Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others


Some of the key questions answered by the report are:


What was the market size in 2012 and forecast from 2013 to 2022`
What will be the industry market growth from 2013 to 2022`
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast`
What are the major segments leading the market growth and why`
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition`

Table of Content

Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increased Government Initiatives to Install Smart Electricity Meters
3.2.1.2. Increasing Need for Energy Security Globally
3.2.1.3. Rising Need for Energy Efficiency & Conservation
3.2.2. Restraints
3.2.2.1. Electricity Theft Concern
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Smart Electricity Meter Market, By End User
4.1. Introduction
4.2. Smart Electricity Meter Market Assessment and Forecast, By End User, 2012-2022
4.3. Residential
4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4. Commercial
4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5. Industrial
4.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5. Smart Electricity Meter Market, By Region
5.1. Introduction
5.2. Smart Electricity Meter Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.3. North America
5.3.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.3.2. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.3.3. U.S.
5.3.3.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.3.4. Canada
5.3.4.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.3.5. Mexico
5.3.5.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.4. Europe
5.4.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.4.2. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.4.3. Germany
5.4.3.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.4.4. France
5.4.4.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.4.5. UK
5.4.5.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.4.6. Italy
5.4.6.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.4.7. Spain
5.4.7.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.4.8. Rest of Europe
5.4.8.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.5. Asia-Pacific
5.5.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.5.2. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.5.3. Japan
5.5.3.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.5.4. China
5.5.4.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.5.5. Australia
5.5.5.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.5.6. India
5.5.6.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.5.7. South Korea
5.5.7.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.5.8. Rest of Asia-Pacific
5.5.8.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.6. Rest of the World
5.6.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.6.2. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.6.3. Brazil
5.6.3.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.6.4. Turkey
5.6.4.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.6.5. Saudi Arabia
5.6.5.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.6.6. South Africa
5.6.6.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.6.7. United Arab Emirates
5.6.7.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
5.6.8. Others
5.6.8.1. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
6. Company Profiles
6.1. ABB Ltd.
6.1.1. Business Overview
6.1.2. Product Portfolio
6.1.3. Key Financials
6.1.4. Strategic Developments
6.2. General Electric (GE) Company
6.2.1. Business Overview
6.2.2. Product Portfolio
6.2.3. Key Financials
6.2.4. Strategic Developments
6.3. Holley Metering Ltd.
6.3.1. Business Overview
6.3.2. Product Portfolio
6.3.3. Key Financials
6.3.4. Strategic Developments
6.4. Elster Group
6.4.1. Business Overview
6.4.2. Product Portfolio
6.4.3. Key Financials
6.4.4. Strategic Developments
6.5. Iskraemeco
6.5.1. Business Overview
6.5.2. Product Portfolio
6.5.3. Strategic Developments
6.6. Itron, Inc.
6.6.1. Business Overview
6.6.2. Product Portfolio
6.6.3. Strategic Developments
6.7. Landis+Gyr
6.7.1. Business Overview
6.7.2. Product Portfolio
6.7.3. Strategic Developments
6.8. Schneider Electric
6.8.1. Business Overview
6.8.2. Product Portfolio
6.8.3. Strategic Developments
6.9. Siemens AG
6.9.1. Business Overview
6.9.2. Product Portfolio
6.9.3. Key Financials
6.9.4. Strategic Developments


Table of Figures

List of Tables
Table 1.Smart Electricity Meter Market, By End User ($Million), 2012-2022
Table 2.Residential Market, By Region ($Million), 2012-2022
Table 3.Commercial Market, By Type ($Million), 2012-2022
Table 4.Industrial Market, By Region ($Million), 2012-2022
Table 5.North America Smart Electricity Meter Market, By Country, 2012-2022 ($Million)
Table 6.North America Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 7.U.S.Smart Electricity Meter Market, by End User, 2012-2022 ($Million)
Table 8.Canada Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 9.Mexico Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 10.Europe Smart Electricity Meter Market, By Country, 2012-2022 ($Million)
Table 11.Europe Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 12.Germany Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 13.France Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 14.UK Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 15.Italy Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 16.Spain Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 17.Rest of Europe Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 18.Asia-Pacific Smart Electricity Meter Market, By Country, 2012-2022 ($Million)
Table 19.Asia-Pacific Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 20.Japan Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 21.China Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 22.Australia Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 23.India Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 24.South Korea Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 26.Rest of Asia-Pacific Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 27.Rest of the World Smart Electricity Meter Market, By Country, 2012-2022 ($Million)
Table 28.Rest of the World Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 29.Brazil Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 30.Turkey Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 31.Saudi Arabia Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 32.South Africa Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 33.United Arab Emirates Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 34.Others Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 35.ABB Ltd.: Key Strategic Developments, 2015-2017
Table 36.General Electric (GE) Company: Key Strategic Developments, 2015-2017
Table 37.Holley Metering Ltd.: Key Strategic Developments, 2015-2017
Table 38.Elster Group: Key Strategic Developments, 2015-2017
Table 39.Iskraemeco: Key Strategic Developments, 2015-2017
Table 40.Itron, Inc.: Key Strategic Developments, 2015-2017
Table 41.Landis+Gyr: Key Strategic Developments, 2015-2017
Table 42.Schneider Electric: Key Strategic Developments, 2015-2017
Table 43.Siemens AG: Key Strategic Developments, 2015-2017

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