Infinium Global Research has added a new report on Global Smart Meter Market. The report predicts the market size of Smart Meter is expected to reach XX billion by 2021.

Smart meter are digital electronic devices evolved from traditional analog meters, it is used to measure electricity consumption for residential, commercial and industrial purpose. They record the data through two way communications from utility and the consumer. These smart meters enables the consumers to reduce their meter reading costs thereby reducing electricity bills by improving energy savings. Smart meter provide better real time demand-supply equilibrium which improves electricity supply by managing need for more demand.

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Segments Covered:

Global smart meter market can be segmented on the basis of its different types as smart electric meter, smart water meter and smart gas meter. Furthermore, on the basis of different uses global smart meter market can be segmented as commercial & industrial and residential.

Principal driver in the global smart meter market are government regulations. Regions such as Asia-Pacific and Europe will experience tremendous growth due to these mandates. For example, the UK government has set target to replace 53 million electricity and gas meters by 2021, this initiative will boost up the market over the forecast period. Smart meter also helps to balance demand supply and increases distribution efficiency and helps towards conserving energy due to which global smart meter market is pacing up.

Companies Profiled:

Elster Group SE
Landis+GYR
Itron Inc.
Siemens AG
Schneider Electric SA
Sensus
Holley Metering Limited
Honeywell international Inc.
Badger Meter Inc.
Circutor SA
Icsa (India) Limited
Neptune Technology Group Inc. and others.

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Key topics covered:
1. Preface
2. Executive summary
3. Global Smart Meter Market Overview
4. Global Smart Meter Market Analysis, by product type (USD million) 2014 – 2021
5. Global Smart Meter Market Analysis, by application type (USD million) 2014 – 2021
6. Global Smart Meter Market Analysis, Regional Analysis (USD million) 2014 – 2021
7. Company profiles

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