Recent report published by research nester titled“Smart Commercial Electricity Meter Market : Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global smart commercial electricity meter market in terms of market segmentation by technology, by phase and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

The global smart commercial electricity meter market is segmented into technology such as advanced metering infrastructure (AMI) and automatic meter reading (AMR). Further, advanced metering infrastructure (AMI) is projected to be the fastest growing segment in overall Smart Commercial Electricity Meter market by the end of 2024. Further, the growth of advanced metering infrastructure (AMI) segment is riding on the back of advanced technical features as it notifies the consumer to perform observation and maintenance task.  

Request Sample To Learn More About This Report @ https://www.researchnester.com/sample-request-460

Global smart commercial electricity meter market is expected to register a 8.5% CAGR over the forecast period. Moreover, the global smart commercial electricity meter market is projected to expand at exponential revenue during the forecast period i.e. 2017-2024. The market is expected to expand on the back of favorable government policies and increasing consumer awareness.

The three phase segment by phase is believed to showcase a considerable CAGR during the forecast period. Moreover, Asia-Pacific region accounted the largest market of smart electricity meter in terms of revenue in 2016. Likely, rising energy saving policies by government in Asia-Pacific region is one of the major factors propelling the growth of smart electricity meter market.

North America and Europe regions are also bolstering the market of smart electricity meter by the end of 2024. In addition to this, evolution of electronic industry along with rising demand for high end commercial products are likely to strengthen the growth of smart electricity meter market.

Rising energy prices    

Growing demand for energy saving product and rising awareness among the consumers to limit the energy usage are predicted to boost the demand for smart electricity meter. Further, rising investment to develop smart grid and increasing demand for accurate electricity billing are bolstering the growth of smart electricity meter market.

Stringent government polices

Favorable government initiatives for the adoption of intelligent electricity meter to curb the electricity consumption are likely to flourish the growth of smart electricity meter market. Furthermore, technological advancement in the field of electricity meters coupled with rising GDP figures of developed and developing nations such as U.S., China and others are projected to supplement the growth of smart electricity meter market.

On the contrary, high cost related with the installation of smart electricity meter is anticipated to hinder the growth of smart commercial electricity meter market over the forecast period.  

This report also provides the existing competitive scenario of some of the key players of the global smart commercial electricity meter market which includes company profiling:

Siemens, Schneider Electric, Landis+GYR, Sensus Sentec, Holley Metering, Iskraemeco, Osaki, Honeywell International, Elster Group and Neptune Technology.

The Final Report will cover the impact analysis of COVID-19 on this industry @https://www.researchnester.com/sample-request-460

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global smart commercial electricity meter market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Research Nester:

Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

Contact for more Info:

AJ Daniel

Email:info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

You need to be a member of Global Risk Community to add comments!

Join Global Risk Community

Votes: 0
Email me when people reply –

[Free COVID-19 Framework] What's the path to recovery look like?

We created a free presentation (attached), which discusses both global and organizational impacts of the COVID-19 pandemic, along with critical actions organizations should take immediately. This presentation introduces a framework that helps regions and organizations navigate a path to recovery via 9 potential scenarios. These scenarios capture outcomes related to GDP impact, public health response, and economic policies. The presentation also breaks down 6 immediate and critical actions…

Read more…
3 Replies · Reply by Boris Agranovich Jan 2, 2021
Views: 95

If risk management is about decision making, are current risk management solutions irrelevant?

Now that the updated COSO and ISO risk management standards emphasize a connection to enterprise objectives and decision making, does this mean ERM and GRC solutions focused on risk registers and regulatory compliance are missing the true value of risk management?Will current risk management solutions evolve to integrate more decision support functionality or will standalone prescriptive analytics and other technology solutions take a more prominent role in enabling risk-informed…

Read more…
3 Replies
Views: 56

A question related to classification of instruments between trading and banking book.

We have an interesting question from one of our members.       "We usually perform OTC FX transactions with clients backed-to-back on the market (with Banks). Now we are going to perform a FX swap (i.e. Spot + forward) JPY/EUR for the Bank account for 1 week at the longest. The purpose is to get EUR place @ CB for LCR compliance purpose (no trading purposes). Bank's Management think that this should be considered as a trading position and therefore be classified within the Bank's trading book.…

Read more…
4 Replies
Views: 159

Plunging oil prices: curse or blessing in disguise?

The recent sudden crash of oil prices has had a major impact on the world economy, leading to many troubled faces in the international arena. The Russians fear the effects of yet another powerful hit on their economy, Venezuela seems to be considering default and the Americans are weary of the consequences for its young and emerging shale oil industry. And then you have the Middle East, where the smallest match is enough to ignite the largest fire. But are these worries really justified or…

Read more…
1 Reply
Views: 30

Introducing the Global Risk Series - Book 1 Risk Management How Tos

Dear GlobalRisk Community member, Our community’s mission is to foster business, networking and educational explorations among members. Learn from some of the top experts in the industry as they clearly explain how to approach the most important Risk management concepts. Check out their expert tips and use the link at the end of each article to navigate back to the website to leave your comment or ask a question. Some of the topics include: How do you Explain Risk Appetite?  How to Prepare a…

Read more…
12 Replies
Views: 378

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead