Smart Meter Market (Updated Version Available)

A smart meter is usually an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing. Smart meters enable two-way communication between the meter and the central system. Unlike home energy monitors, smart meters can gather data for remote reporting. Such an advanced metering infrastructure differs from traditional automatic meter reading in that it enables two-way communications with the meter.
The largest smart meter markets have been North America, Europe and eastern Asia (particularly China). And the market is supplied by a combination of large multinational firms and smaller local manufacturers. The leading global firms include Landis+Gyr (based in Switzerland but owned by Toshiba Corp. of Japan), GE Digital Energy (United States), Itron (United States), Aclara (United States), Elster Group (Germany), Sensus (United States) and Holley Metering (China), among others. These companies tend to compete against each other globally to supply most of the largest smart meter markets. In many markets, these leading global firms also face competition from local manufacturers. In China, for example, local manufacturers supply the bulk of the market.
China has become the world\'s largest market for smart electricity meters as a result of several initiatives by the Chinese national government. The demand for smart meters in China is expected to grow from 62.3 million units in 2015 to 120 million units by 2021.

The report offers detailed coverage of Smart Meter industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Smart Meter by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Smart Meter market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Smart Meter market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Landis+Gyr
Itron
GE Digital Energy
Siemens
Kamstrup
Sensus
Elster Group
Silver Spring Networks
Aclara
Nuri Telecom
Sagemcom
Trilliant
Iskraemeco
Echelon
Tantalus Systems
ZIV
Sanxing
Linyang Electronics
Wasion Group
Haixing Electrical
Techrise Electronics
Chintim Instruments
XJ Measurement & Control Meter
Clou Electronics
HND Electronics
Longi
Hengye Electronics
Holey Metering
Wellsun Electric Meter
Sunrise
Xiou International Group
Pax Electronic Technology
Huayi Electronics
Changyi Group
Gaoke
Shenzhen Kaifa Technology
Risesun Group
Banner
Bada Instruments
Jinling Intelligent Electric Meter

At the same time, we classify Smart Meter according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Single-phase smart meter
Three-phase smart meter
Market by Application
Residential application
Commercial application
Industrial application

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Smart Meter market for the forecast period 2021 - 2025?
• What are the driving forces in the Smart Meter market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Smart Meter industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?