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 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...

Meter Data Management System Market to Grow at Fastest Rate of 20.48% during 2018-2023

Meter Data Management System Market
The global Meter Data Management System Market is projected to reach $428 million by 2023 from an estimated $169 million in 2018, at a CAGR of 20.48% from 2018 to 2023. This growth can be attributed to the increased government policies and supportive mandates for smart meter installations and need for accurate utility bill generation. The electricity segment is expected to be the fastest growing...

Smart Gas Meter Market to Generate $2.5 Billion Revenue by 2026

Smart Gas Meter Market
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...

Breaking Down the $19.98B Market for Smart Meters and Analysis Through 2022

The smart meters market is expected to grow from an estimated USD 12.79 Billion in 2017 to USD 19.98 Billion by 2022, registering a CAGR of 9.34% from 2017 to 2022. Smart meters are used in the industrial, commercial, and residential sector, measuring energy consumption of the consumers. Factors such as government policies & mandates in developed economies and accurate billing & improved customer...

Increasing Global Demand Driving Smart Meter Market

Advancements in metering technology have increased customer expectations in terms of their extensive applications in different paths of life. Increasing demand for smart meter technology is promoting manufacturers to innovate and serve potential demands of the customers. Smart meters are largely used for tracking consumption of gas, electricity, water and all the other utility services. The technology...