Global Smart Meter Industry Press Release
Portland, OR -- (SBWIRE) -- 10/10/2017 -- Progressive Markets has published a report, titled, "Global Smart Meter Market - Size, Trend, Share, Opportunity Analysis, and Forecast, 2014¬–2025". As per the report, the global smart meter market is expected to register a CAGR of 10.8% from 2017 to 2025. The report provides an extensive analysis of market landscape, detailed segmentation, and geographical regions. The study is a helpful source of information for market players, VPs, CEOs, stakeholders, and investors to determine strategies for growth and gaining strong position in the future. Moreover, it presents data and statistics on revenue generated by each segment in the historic period, 2014–2016 and the forecast period, 2017–2025.
The report offers a detailed analysis of key segments of the global smart meter industry based on type, end-user industry, and geography. Based on type, the research classified the market into as smart water meters, smart electric meters, and smart gas meters. The end user segment is bifurcated into residential and industrial & commercial. Geographical analysis of each of the aforementioned segments is provided for regions including North America, Europe, Asia-Pacific, and LAMEA. Market size for the historic period and market size estimation for the forecast period are provided in the study. Furthermore, revenue generated by each segment in aforementioned regions are highlighted with the help of tabular and graphical format. Dominating segments can be determined based on aforementioned statistic to devise strategies for growth in the future. Moreover, market share analysis of each segment is provided for the period, 2014–2025 with the help tables and figures.
The report provides an extensive analysis of market dynamics of the global smart meter market based on drivers and restraints. Supportive government policies, enhanced distribution efficiency, and rise in smart grid deployment activities are driving forces of the market. However, high installation costs would hinder the growth in the market in coming years. These factors are analyzed in detail to help market players gain a thorough understanding and gain strong position in the industry. Moreover, determining competitive intensity and steps to be taken for business strategy development is essential to sustain in the global industry. The report offers Porter's Five Forces model to fulfill the objective. Bargaining power of buyers, bargaining power of suppliers, threat of substitutes, threat of new entrants, and industrial rivalry are factors analyzed in the study.
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The report also offers insights on countries from each region. The U.S., Canada, and Mexico are countries discussed in North American region, while, U.K., France, Germany, Italy, and Rest of Europe are regions analyzed in European region. China, India, South Korea, Japan, and rest of Asia-Pacific are regions explored in Asia-Pacific region. On the other hand, Brazil, South Africa, Turkey, and rest of LAMEA are geographies analyzed in the LAMEA. These insights are helpful in determining emerging economies from those countries and devise strategies for expansion.
The report offers an extensive analysis of key market players operating in the global smart meter industry. A business overview of each market player is provided along with financial and business segments. These insights offer detailed analysis of each company to help investors determine investment suitability and market players to devise strategies for collaboration, agreement, and partnership. Recent developments in the industry by them are outlined to determine recent market status. Key market players profiled in the report are Itron Inc., Landis+GYR, Elster Group SE, Schneider Electric SE, Siemens AG, Circutor SA, Badger Meter Inc., Honeywell International Inc., Edmi Ltd., and Icsa (India) Limited.
The report offers executive summary of the global smart meter market to help management executives and investors to gain a brief idea of the industry. It would help them save time and make necessary decisions rapidly. Key findings are outlined along with recent market trend analysis. Market attractiveness is also provided in the research and competitive landscape is highlighted. Recent industry developments are discussed to outline current industry status and how it will shape the future. The report also provides insights on research methodology adopted by research analysts to gather data, information, and statistics. Vendor briefings and inputs from industry experts are taken in primary research methodology, however, reference to webinars, journals, and reports are made in secondary research methodology.
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