Smart Meters Market 2019, Global Industry Analysis, Size, Share, Growth, Trends and Forecast – 2024 adds “Smart Meters Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database

PUNE, MARKETERSMEDIA, INDIA, May 14, 2019 / — Summary adds “Smart Meters Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.

This report provides in depth study of “Smart Meters Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Smart Meters Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

Smart meters are next generation meters for both gas and electricity. They are a replacement for standard meters that use technology created decades ago and require households to track their own readings and submit them to suppliers if they want accurate bills. The smart meters market is expected to grow at a rapid pace, primarily, due to government roll-outs, and implementations of mandates & policies, in developed economies. Advantages of smart meters such as accurate billing, enhanced customer experience, and improved customer service are expected to be the driving factors for smart meters market in developing countries.

The smart meters market, on the basis of technology, has been segmented as automatic meter reading and advanced metering infrastructure. The objective of an AMI is to provide utility companies with real time data about the power usage and enable the end users to make well informed decisions regarding their energy consumption. AMR on the other hand is basically a technology that automatically collects consumption, diagnostic and status data from smart meters. The data is transferred to a central operating database for analyzing.

On the basis of type, the smart meters market has been segmented as electric meters, gas meters, and water meters. Electric meters accounted for the largest market share of 55.4% in 2016, with a market value of USD 8,715.2 million and is projected to grow at the highest CAGR of 9.56% during the forecast period. Based on applications, residential accounted for the largest market share of 60.7% in 2016, with a market value of USD 9,550.4 million and is projected to grow at the highest CAGR of 9.81% during the forecast period. Rising electricity prices with growing demand of residential energy consumption, have a positive influence on the market.

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Major Key Points in Table of Content

1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Drivers
4.1.1 Growing Investment in Smart Grid Projects
4.1.2 Supportive Government Initiatives
4.1.3 Demand/Needs for efficient energy usage
4.2 Restraint
4.2.1 High initial capital investment
4.2.2 Lack of Awareness
4.3 Opportunities
4.3.1 Scope in the Developing Nations
4.3.2 Technological development

5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Rivalry
5.2 Supply Chain Analysis


11 Company Profile
11.1 Schneider Electric
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Product/Service Offering
11.1.4 Strategy
11.1.5 Key Developments
11.1.6 SWOT Analysis
11.2 Siemens AG
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Service Offering
11.2.4 Strategy
11.2.5 Key Developments
11.2.6 SWOT Analysis
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Product/Service Offering
11.3.4 Strategy
11.3.5 Key Developments
11.3.6 SWOT Analysis
11.4 Xylem Inc.
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Product/Service Offering
11.4.4 Strategy
11.4.5 Key Developments
11.4.6 SWOT Analysis
11.5 Honeywell International Inc.
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Product/Service Offering
11.5.4 Strategy
11.5.5 Key Developments
11.5.6 SWOT Analysis
11.6 Aclara Technologies LLC
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Product/Service Offering
11.6.4 Strategy
11.6.5 Key Developments
11.7 Badger Meter, Inc.
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Product/Service Offering
11.7.4 Strategy
11.7.5 Key Developments
11.8 Itron, Inc.
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Product/Service Offering
11.8.4 Strategy
11.9 EDMI
11.9.1 Company Overview
11.9.2 Financial Overview
11.9.3 Product/Service Offering
11.9.4 Strategy
11.9.5 Key Developments
11.1 Apator S.A.
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Product/Service Offering
11.10.4 Strategy
11.10.5 Key Developments
11.11.1 Company Overview
11.11.2 Financial Overview
11.11.3 Product/Service Offering
11.11.4 Strategy
11.11.5 Key Developments
11.12 Zenner
11.12.1 Company Overview
11.12.2 Financial Overview
11.12.3 Product/Service Offering
11.12.4 Strategy
11.12.5 Key Developments
11.13 Kamstrup A/S
11.13.1 Company Overview
11.13.2 Financial Overview
11.13.3 Product/Service Offering
11.13.4 Strategy
11.13.5 Key Developments

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Source: EIN Presswire