The technologies in smart electric meter market have undergone significant change in recent years, evolving from manually meter reading to remote and automated meter reading. The rising wave of new technologies such as, cellular and RFID are creating significant potential for smart electric meters in applications, such as residential and commercial, and driving the demand for smart electric meter technologies
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In smart electric meter market, radio frequency, power line communication, and cellular technologies are used for measured electricity consumption. Increasing need for efficient data monitoring systems, favorable government policies for smart meter rollout, and cost savings advantage in smart meters are creating new opportunities for various electric meter technologies.
Lucintel, a leading global Management Consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in smart electric meter market and has now published a comprehensive research report titled “Technology Landscape, Trends and Opportunities in the Global Smart Electric Meter Market 2019-2024”. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in smart electric meter market.
Lucintel study finds that smart electric meter technology is forecast to grow at 9% during next five years. Power line communication technology is the largest segment of market and is growing at above average growth. Itron, Landis+Gyr, Jiangsu Linyang, Wasion, Aclara Technologies, Schneider, Siemens, Honeywell, and Iskraemeco are among the major technology providers in the smart electric meter market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications the global smart electric meter market by application, technology, and region as follows:
Technology Readiness by Technology Type
Competitive Intensity and Regulatory Compliance
Disruption Potential by Technology Type
Trends and Forecasts by Technology Type [$M shipment analysis from 2013 to 2024]:
Radio Frequency
Power Line Communication
Cellular Technology
Others
Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
Residential
Radio Frequency
Power Line Communication
Cellular Technology
Others
Commercial
Radio Frequency
Power Line Communication
Cellular Technology
Others
Industrial
Radio Frequency
Power Line Communication
Cellular Technology
Others
Others
Radio Frequency
Power Line Communication
Cellular Technology
Others
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 to 2024]:
United States
Canada
Mexico
United Kingdom https://www.owler.com/company/markone
Germany
France
Japan
China
South Korea
India
Latest Developments and Innovations in the Smart Electric Meter Technologies
Companies / Ecosystems
Strategic Opportunities by Technology Type
A more than 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/technology-smart-electric-meter-market.aspx or helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.