Global Electricity Submetering For Smart Grid Market Growth 2023-2029

Global Electricity Submetering For Smart Grid Market Growth 2023-2029

A smart meter is an electronic device that records consumption of electric energy and communicates the information to the electricity supplier for monitoring and billing. Smart meters typically record energy hourly or more frequently, and report at least daily. Smart meters enable two-way communication between the meter and the central system. Such an advanced metering infrastructure (AMI) differs from automatic meter reading (AMR) in that it enables two-way communication between the meter and the supplier. Communications from the meter to the network may be wireless, or via fixed wired connections such as power line carrier (PLC). Wireless communication options in common use include cellular communications (which can be expensive), Wi-Fi (readily available), wireless ad hoc networks over Wi-Fi, wireless mesh networks, low power long range wireless (LORA), ZigBee (low power low data rate wireless), and Wi-SUN (Smart Utility Networks).

LPI (LP Information)' newest research report, the “Electricity Submetering For Smart Grid Industry Forecast” looks at past sales and reviews total world Electricity Submetering For Smart Grid sales in 2022, providing a comprehensive analysis by region and market sector of projected Electricity Submetering For Smart Grid sales for 2023 through 2029. With Electricity Submetering For Smart Grid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electricity Submetering For Smart Grid industry.

This Insight Report provides a comprehensive analysis of the global Electricity Submetering For Smart Grid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electricity Submetering For Smart Grid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electricity Submetering For Smart Grid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electricity Submetering For Smart Grid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electricity Submetering For Smart Grid.

The global Electricity Submetering For Smart Grid market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

First of all, since the inception of electricity deregulation and market-driven pricing throughout the world, utilities have been looking for a means to match consumption with generation. Non-smart electrical and gas meters only measure total consumption, providing no information of when the energy was consumed. Smart meters provide a way of measuring this site-specific information, allowing utility companies to charge different prices for consumption according to the time of day and the season. Second, the markets in Europe and North America will be driven primarily by regional targets for energy-efficiency and reductions in energy.The large untapped consumer base and the increasing need to be energy efficient is expected to drive the submeter market in the Asia-Pacific region. In addition，high power cost, energy efficiency strategies and the need to partition utility power bills among individual customer for individual force utilization has driven the development of the business sector.

This report presents a comprehensive overview, market shares, and growth opportunities of Electricity Submetering For Smart Grid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Current Transformer
Rogowski Coil
Other

Segmentation by application
Utilities
Home

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Landis+Gyr
Itron（Silver Spring Networks）
GE Digital Energy
Siemens
Kamstrup
Xylem Inc
Elster Group
Aclara
Sagemcom
Leviton
Echelon
Nuri Telecom
E-Mon
Sanxing
Linyang Electronics
Wasion Group
Haixing Electrical
Techrise Electronics
Chintim Instruments
XJ Measurement & Control Meter
Clou Electronics
HND Electronics
Longi
Hengye Electronics
Holley Metering
Wellsun Electric Meter
Sunrise
Xiou International Group
Pax Electronic Technlogy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electricity Submetering For Smart Grid market?

What factors are driving Electricity Submetering For Smart Grid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electricity Submetering For Smart Grid market opportunities vary by end market size?

How does Electricity Submetering For Smart Grid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.