Smart Grid Market to Show Robust Growth in Near Future

Smart Grid Market
The global smart grid market is expected to grow from an estimated USD 43.1 billion in 2021 to USD 103.4 billion by 2026, at a CAGR of 19.1% during the forecast period. Modernization of aging grid infrastructure is one the primary factors driving market growth. Moreover, the government across the world is encouraging the investments in smart grids. Smart grid technology enables the transition from...

Smart Electric Meter Market May Set New Growth Story

Smart Electric Meter Market
The global smart electric meter market is projected to grow from an estimated USD 9.27 billion in 2018 to USD 11.33 billion by 2023, at a CAGR of 4.11%, during the forecast period. The increased need for efficient data monitoring systems, coupled with favourable government policies for a smart meter rollout is driving the market for smart electric meters. Other factors include improved cost savings,...

Smart Meters Market expected to Grow $30.2 Billion by 2026

Smart Meters Market
The global smart meters market is projected to reach USD 30.2 billion by 2026 from USD 19.6 billion in 2021, at a CAGR of 9.0% during the forecast period. Smart Meters is increasingly being installed and is showing robust growth. The increase in the adoption of electric vehicles, development of microgrids, distributed energy storage, and the need for net-metering are a few of the major drivers for...

Smart Electric Meter Market to Hit $11.33 Billion by 2023

Smart Electric Meter Market
The global smart electric meter market is projected to grow from an estimated USD 9.27 billion in 2018 to USD 11.33 billion by 2023, at a CAGR of 4.11%, from 2018 to 2023. The increased need for efficient data monitoring systems, coupled with favourable government policies for a smart meter rollout is driving the market for smart electric meters. Other factors include improved cost savings, increased...

Smart Meters Market expected to Grow $30.2 billion by 2026

Smart Meters Market
According to the new market research report “Smart Meters Market by Type (Electric, Gas, Water), Communication Type (RF, PLC, Cellular), Component (Hardware, Software), Technology (AMR, AMI), End user (Residential, Commercial, Industrial), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, The Smart Meters Market size will grow to  USD 30.2 billion by...

Smart Grid Market expected to Grow $103.4 Billion by 2026

Smart Grid Market
According to the new market research report “Smart Grid Market by Component (Software, Hardware, Services), Application (Generation, Transmission, Distribution, Consumption/End Use), Communication Technology (Wireline, Wireless), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the smart grid market size will grow to USD 103.4 billion by 2026 (forecast year)...

Smart Electric Meter Market expected to Grow $11.33 Billion by 2023

Smart Electric Meter Market
The global Smart Electric Meter Market is projected to grow from an estimated USD 9.27 Billion in 2018 to USD 11.33 Billion by 2023, at a CAGR of 4.11%, from 2018 to 2023. The market in Asia Pacific is estimated to be the largest market for smart electric meters, followed by the North American and the European market in 2018. This trend is expected to continue until 2023. The growth can be attributed...

Light Management System Market is Thriving with Rising Latest Trends by 2023

Light Management System Market
The global Light Management System Market is expected to grow from an estimated $11.66 billion in 2018 to $21.51 billion by 2023, at a CAGR of 13.03%, during the forecast period. The increasing adoption of energy-efficient lighting automation systems is the major driver of the lighting management system market. The growing demand for building automation in North America and Europe make them potential...

Steady Growth in Smart Cities Market Attributed to Associated Service Market

Along with endowment of physical capital of the cities, social and intellectual capitals are also extremely vital. All these aspects assist creating a smart city with strong urban competitiveness and highlight the strength and growth of information technology in modern world. The concept of smart cities is targeted at provision of next generation services and infrastructure that promote smooth processing...