The demand in developed nations is predicted to be higher than developed nations The residential end user segment, with a CAGR of 10.8%, with demand expected to reach to 9.3 million units in 2023 from 4.9 million units in 2017. The smart water meter market segment is estimated to have the highest demand in In 2017 APAC had 1.8 million units shipped against the 7.8 million units in Europe. Shipped in APAC are expected to exceed the numbers in Europe by the end 2023 (11 million units in APAC against 10.6 million units in Europe). The smart gas meter market segment is projected to expand at the fastest rate in theĪsia-Pacific region, with CAGR of 30.9% in the forecast period. The forecast period due, to market saturation. The market for smart electricity meters is expected to decline by 2% in Globe in 2017, estimated to reach to 127.4 million units by 2023 at a compound annual growth rate of 2.1% for the forecast period.ġ30 In terms of volume shipped, smart electricity meters led the market withĪpproximately 93 million units shipped in 2017, almost 8 times smart gas and water meter each. Smart Meter Market: Unit Shipment in million, Global, The smart meter market had approximately 116.3 millions units shipped across the Combination of Top-down and Bottom-up Approaches.Revalidation of Numbers from Secondary.Insights from Data and Forecasts, Compiled into One Report.Infographic and Comprehensive Presentation of Inferences and Estimates Segment and Region-wise Market Size Forecasting Recent Market Developments / Competitive Landscaping Validation of Market Size Consumer Behaviour Analysis Market Dynamics
Sensus water meter analog each revolution verification#
RESEARCH METHODOLOGY 2.2 Research PhasesĮconometric Forecast Modelling + Secondary Research + Expert Verification As a result of data-triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.Ģ. Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region. Market size estimations for the forecast years were in real terms. The forecast period and CAGR is from 2018-2023. The review period considered for this study is from 2012 to 2017. The base year considered for this study is 2017. The base year was identified based on the availability of annual reports and secondary information. The base volume forecast for smart meters has been mentioned in million of shipments. PORTER’S FIVE FORCES ANALYSIS SEGMENT & SUB-SEGMENT ANALYSIS KEY PLAYERS COMPETITIVE LANDSCAPE Unauthorized Distribution Prohibited.ĪIM AND OBJECTIVE OF THE STUDY To gain a fundamental understanding of the global and regional market, by analysing key market dynamics and profiling key vendors to structure the competitive landscape. The report provides a detailed account of current strategies, product coverage, financials, and relative strengths and weaknesses of the top 28 vendors operating in the market.īase Year: 2017 Forecast Period: 2018-2023 Domain: Automation Sub-Domain: Building Automation ReportĮMISPDF in-iimidrchand from 14.139.224.146 on 22:09:26 BST. The report also provides a segment wise breakdown of the major end-user applications for smart meters. The report analyses the key trends and governmental initiatives affecting the adoption of smart meters across major countries listed under the regions that are studied. The report focuses on the stakeholders in the market studied, and provides a relative understanding of their current role in the overall market. Ī well-rounded perspective of the current market influencers and anticipated future trends in the smart meter market.GLOBAL SMART METER MARKET This Report Offers: