Smart Meters Market expected to Grow $30.2 billion by 2026
According to the new market research report
“Smart
Meters Market by Type (Electric, Gas, Water), Communication Type
(RF, PLC, Cellular), Component (Hardware, Software), Technology (AMR, AMI), End
user (Residential, Commercial, Industrial), and Region – Global Forecast to
2026″, published by MarketsandMarkets™, The Smart Meters Market size
will grow to USD 30.2 billion by...
Smart Electric Meter Market expected to Grow $11.33 Billion by 2023
The global Smart
Electric Meter Market is projected to grow from an estimated USD 9.27
Billion in 2018 to USD 11.33 Billion by 2023, at a CAGR of 4.11%, from 2018 to
2023. The market in Asia Pacific is estimated to be the largest market for
smart electric meters, followed by the North American and the European market
in 2018. This trend is expected to continue until 2023. The growth can be
attributed...
Meter Data Management System Market to Grow at Fastest Rate of 20.48% during 2018-2023
The global Meter
Data Management System Market is projected to reach $428 million by 2023
from an estimated $169 million in 2018, at a CAGR of 20.48% from 2018 to 2023.
This growth can be attributed to the increased government policies and
supportive mandates for smart meter installations and need for accurate utility
bill generation.
The electricity
segment is expected to be the fastest growing...
Smart Gas Meter Market to Generate $2.5 Billion Revenue by 2026
According to the new market research report
“Smart Gas Meter Market by technology (AMR and AMI), Type (Smart
Ultrasonic Gas Meter and Smart Diaphragm Gas Meter), Component (Hardware and
Software), End User (Residential, Commercial, and Industrial), and Region –
Global Forecast to 2026″, published
by MarketsandMarkets™, the Smart Gas Meter Market size is expected to grow from
an...
Breaking Down the $19.98B Market for Smart Meters and Analysis Through 2022
The smart meters market is expected to grow from an estimated USD 12.79 Billion in 2017 to USD 19.98 Billion by 2022, registering a CAGR of 9.34% from 2017 to 2022. Smart meters are used in the industrial, commercial, and residential sector, measuring energy consumption of the consumers. Factors such as government policies & mandates in developed economies and accurate billing & improved customer...
Increasing Global Demand Driving Smart Meter Market
Advancements in metering technology have increased customer expectations in terms of their extensive applications in different paths of life. Increasing demand for smart meter technology is promoting manufacturers to innovate and serve potential demands of the customers. Smart meters are largely used for tracking consumption of gas, electricity, water and all the other utility services. The technology...