Power Metering Market Trend, Size Analysis Report | Forecast 2018 – 2022.

Power metering Market Research Report- Forecast to 2022

Power Metering Market Trend, Size Analysis Report | Forecast 2018 - 2022

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Copyright Š 2018 Market Research Future.

Power metering Market Research Report- Forecast to 2022

1 Summary Power metering is a system combining three major metering types, namely smart, digital, & analog. The smart metering depends heavily on the policy and decisiveness of the governmental bodies involved.

Energy savings and an increased security of supply will be main drivers and installed in many industrial verticals for varied purposes. Many advantages that attract new customers and helping the easy detection of fraud are attributed to smart metering, including lower metering cost, energy savings for residential customers, more reliability of supply, and variable pricing schemes. Moreover, environmental concerns and technological advancement in countries such as China and India lead to the growth of power metering market..

Key Players: The key players of global power metering market include General Electric (U.S.), Itron (U.S.), Toshiba Corporation (Japan), Melrose Industries plc. (U.K.), Wasion Group Holdings Ltd. (China), ABB(Switzerland), Eaton Corporation Plc (Dublin), Siemens AG (Germany) and Holley Metering (China)

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Copyright Š 2018 Market Research Future.

Power metering Market Research Report- Forecast to 2022

2 Market Overview: Power metering is an electronic device that measures energy consumption and is designed for billing and monitoring purposes. The power metering replaces electric meters while offering relevant data metrics.

Moreover, features such as environmental concerns, technological upgradation, 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. Increasing demand for power metering as well governments focus towards grid infrastructure are some of the major reasons behind the growing power metering market.

However, issues related to privacy and standardization of the power meter act as barriers for the power metering market.

Target Audience      

Manufactures Raw Materials Suppliers Aftermarket suppliers Research Institute / Education Institute Potential Investors Key executive (CEO and COO) and strategy growth manager

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Copyright © 2018 Market Research Future.

Power metering Market Research Report- Forecast to 2022

Market Research Analysis: Regional Analysis of Global Power Metering Market Asia-Pacific is projected as the emerging market for power metering. Government project such as ‘smart city’ in India contributes to the growth of the global power metering market. Major factors such as increase in construction spending, rise in industrial activities, and enhancement of the grid infrastructure of the region give new ways for the growth of the region. Emerging economies such as China and Japan are focusing on grabbing major market.

Whereas, North America is one of the leading markets for power meter in the global market. Growing infrastructure and government projects boost the global power metering market.

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Copyright Š 2018 Market Research Future.

Power metering Market Research Report- Forecast to 2022

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Copyright Š 2018 Market Research Future.