Global Power Metering Market – Industry Analysis and Forecast (2018-2026)
Global Power Metering Market was valued US$ 14.2Bn in 2017 and is expected to reach US$ 29.4Bn by 2026 at a CAGR of 9.5%
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the global power metering market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global power metering market.
Power metering is an electronic device that measures energy consumption & is designed for billing and monitoring drives. The power metering replaces electric meters while offering related data metrics. Additionally, features that are environmental concerns, technological up gradation, and low maintenance cost, and two-way communication as compared to electric meter as well as very high operating efficiency is a factor driving the power metering market globally.
REQUEST FOR FREE SAMPLE REPORT: https://www.maximizemarketresearch.com/request-sample/26224
Increasing demand for power metering as well as governments focus on grid infrastructure are some of the main reasons behind the growing global power metering market. However, issues related to privacy and standardization of the power meter act as barriers for the global power metering market.
Residential sub-segment based on the application segment is dominating the global power metering market. The major market is captured by the residential sector because of utilization of meters in all households. Growing construction and industrial activities along with the replacement market of old and technologically outdated meters is the main driver of the market. Furthermore, numerous government regulations to replace ageing digital meters with smart meters are pushing the market towards growth. While issues related to privacy and standardization of the power meter act as barriers for the residential segment.
Region-wise, the Asia-Pacific is expected as the emerging market for power metering. Government project such as ‘smart city’ in India contributes to the growth of the power metering market globally. Main factors such as a rise in construction spending, increasing industrial activities, and enhancement of the grid infrastructure of the region give new ways for the growth of the region. Emerging economies, for instance, China and Japan are focusing on grabbing the major market. However, North America is one of the leading markets for global power metering market. Growing infrastructure and government projects boost the power metering market.
DO INQUIRY BEFORE PURCHASING REPORT HERE: https://www.maximizemarketresearch.com/inquiry-before-buying/26224
Scope of Global Power Metering Market
Global Power Metering Market, by Type
• Smart
• Digital
• Analog
Global Power Metering Market, by Phase
• Single Phase
• Three Phase
Global Power Metering Market, by Application
• Commercial
• Industrial
• Residential
Global Power Metering Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in Global Power Metering Market
• ABB
• Aclara Technologies LLC
• Eaton
• Honeywell International Inc.
• General Electric
• Kamstrup A/S
• Toshiba Energy Systems & Solutions Corporation
• Schneider Electric
• Sensus
• Siemens AG
Browse Full Report with Facts and Figures of Power Metering Market Report at: https://www.maximizemarketresearch.com/market-report/global-power-metering-market/26224/
MAJOR TOC OF THE REPORT
Chapter One: Power Metering Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Power Metering Market Competition, by Players
Chapter Four: Global Power Metering Market Size by Regions
Chapter Five: North America Power Metering Revenue by Countries
Chapter Six: Europe Power Metering Revenue by Countries
Chapter Seven: Asia-Pacific Power Metering Revenue by Countries
Chapter Eight: South America Power Metering Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Power Metering by Countries
Chapter Ten: Global Power Metering Market Segment by Type
Chapter Eleven: Global Power Metering Market Segment by Application
Chapter Twelve: Global Power Metering Market Size Forecast (2019-2026)
About Us:
Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: [email protected]
Contact: +919607065656/ +919607195908
Website: www.maximizemarketresearch.com
