Smart Meter Market Share to Hit $36.3 Billion by 2028
The global Smart Meter Market Share is expected to grow from USD 23.1 billion in 2023 to USD 36.3 billion in 2028, at a CAGR of 9.4% from 2023 to 2028. The emergence of electric, gas, and water smart meters has revolutionized utility operations. With advancements in smart meters, sensors, control systems, and communication components, utility systems can be monitored in real-time. These dynamic tariffs...
Attractive Opportunities in Smart Water Metering Market During Forecast Period
The smart water metering market is projected to show significant growth during the forecast period, driven by increasing investments in smart water metering infrastructure globally. The market is expected to witness growth in the water utilities segment, particularly due to the focus on reducing non-revenue water and improving metering efficiency. Additionally, the market is experiencing a shift towards...
Smart Gas Meter Market to Garner $2.5 Billion by 2026
The global smart gas
meter market size is expected to grow from an estimated USD 2.0 billion
in 2021 to USD 2.5 billion by 2026, at a CAGR of 4.7%, during the forecast
period. The key drivers for the smart gas meter market include digitalization
of distribution grids and optimization of network operations; asset management
of advanced metering infrastructure (AMI); and increasing investment in smart
grid...
Rising Concerns on Managing Water Consumption to Reduce Operational Costs are Driving the Smart Water Metering Market
Global Smart Water Metering Market Scenario:
The global smart water metering market is projected to reach USD 9.6 billion by 2024 from an estimated USD 5.9 billion in 2019, at a CAGR of 10.3% during the forecast period. The growing concern toward managing the supply of water is a driving factor for the market. Moreover, the adoption of the Internet of Things in the water industry is bringing...
Smart Gas Meter Market to Generate $2.5 Billion Revenue by 2026
According to the new market research report
“Smart Gas Meter Market by technology (AMR and AMI), Type (Smart
Ultrasonic Gas Meter and Smart Diaphragm Gas Meter), Component (Hardware and
Software), End User (Residential, Commercial, and Industrial), and Region –
Global Forecast to 2026″, published
by MarketsandMarkets™, the Smart Gas Meter Market size is expected to grow from
an...
Smart Meters Market Size to reach $28.6 Billion by 2025
According to the new market research report “Smart
Meters Market, By Type (Electric, Gas, Water), By Communication Type
(RF, PLC, Cellular), By Component (Hardware, Software), By Technology (AMR,
AMI), By End-user (Residential, Commercial, Industrial), and Region – Global
Forecast To 2025″The global Smart Meters Market size is expected
to grow from estimated revenue of USD 20.7 billion...