Electricity Meters (Smart Meters) Market: Reliable Power Systems Need & Smart Meter Rollouts Pushes Demand Worldwide
According to the research report, the global electricity meters market was valued at US$4.0 bn in 2011 and is expected to reach US$19.8 bn by 2018, registering a CAGR of 16.5% from 2012 to 2018 in terms of revenue. Electricity meters are devices that are deployed to measure the consumption of energy in both industrial and household areas. This market will grow as long as the consumption of energy continues to increase due to the rising population and industrialization. The...
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