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The power metering market is forecasted to grow by USD 9.79 billion during 2023-2028, accelerating at a CAGR of 8.51% during the forecast period. The report on the power metering market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing investment in smart grid projects, stringent government policies toward curbing the wastage of water and electricity, and growing applications of smart power meters in residential, commercial, and industrial sectors.
The power metering market is segmented as below:
By End-user
- Residential
- Commercial
- Industrial
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the power metering market covers the following areas:
- Power metering market sizing
- Power metering market forecast
- Power metering market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global power metering market: ABB Ltd., Aichi Tokei Denki Co. Ltd., ALLETE Inc, Eaton Corp. Plc, General Electric Co., Holley Technology Ltd., Honeywell International Inc., Hubbell Inc., Itron Inc., Jabil Inc., Kamstrup AS, Landis Gyr AG, Networked Energy Services, Ningbo Sanxing Medical and Electric Co. Ltd., Schneider Electric SE, Shenzhen Kaifa Technology Co. Ltd, Siemens AG, Suntront Tech Co. Ltd, Wasion Holdings Ltd., and Xylem Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for wireless smart power meters."
According to the report, one of the major drivers for this market is the growing investment in smart grid projects.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Aichi Tokei Denki Co. Ltd.
- ALLETE Inc
- Eaton Corp. Plc
- General Electric Co.
- Holley Technology Ltd.
- Honeywell International Inc.
- Hubbell Inc.
- Itron Inc.
- Jabil Inc.
- Kamstrup AS
- Landis Gyr AG
- Networked Energy Services
- Ningbo Sanxing Medical and Electric Co. Ltd.
- Schneider Electric SE
- Shenzhen Kaifa Technology Co. Ltd
- Siemens AG
- Suntront Tech Co. Ltd
- Wasion Holdings Ltd.
- Xylem Inc.
