The Asia Pacific smart electricity meters market is projected to witness robust growth, with an anticipated annual growth rate of 9.4% over the period 2021-2027. The market is expected to reach a total addressable market cap of $69.57 billion during this period. The growth of the market can be attributed to the increasing demand for efficient data monitoring systems, the cost savings advantage offered by smart meters, and the implementation of favorable government policies for smart meter rollout.
The comprehensive 105-page report titled “Asia Pacific Smart Electricity Meters Market 2020-2027” provides an extensive analysis of the entire smart electricity meters market in the Asia Pacific region. The report covers all sub-segments of the market, employing detailed classifications derived from a comprehensive research study. The analysis and assessment presented in the report are the result of thorough research conducted using premium primary and secondary information sources, with inputs from industry professionals across the value chain.
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With 30 tables and 48 figures, the report offers a comprehensive and detailed outlook on the Asia Pacific smart electricity meters market. It serves as a valuable resource for businesses and stakeholders seeking to gain insights and make informed decisions within this industry. The report is based on studies conducted between 2017 and 2019 and provides estimates and forecasts from 2020 to 2027, with 2019 as the base year. Please note that the report will be updated before delivery, ensuring that the latest historical year is used as the base year, and the forecast covers at least five years beyond the base year.
The report emphasizes the significance of smart meters in achieving efficient energy management and consumption. It showcases the advantages of smart electricity meters, including accurate data monitoring, remote reading capabilities, and potential cost savings for consumers. Furthermore, the report highlights the favorable government policies and initiatives that promote the widespread adoption of smart meters.
In-depth qualitative analyses include identification and investigation of the following aspects:
Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces
Some of the key players mentioned in the report are:
- Aclara Technologies
- EDMI Limited
- Elster Group GmbH (Honeywell International Inc.)
- Hexing Electric Company
- Holley Technology Ltd (Zhejiang Huamei Holding Co. Ltd)
- Itron Inc.
- Jiangsu Linyang Energy Co., Ltd.
- Kamstrup A/S
- Landis + GYR Group AG
- Mitsubishi
- Nanjing Xinlian Electronics Co., Ltd.
- Sagemcom SAS
- Sensus USA Inc.
- Shenzhen Hemei Group Co. Ltd.
- Shenzhen Kafia
- Wasion Group Holdings
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Based on Component
- Hardware
- Software & Service
Based on Technology
- Automatic Meter Reading (AMR)
- Advanced Metering Infrastructure (AMI)
Based on Communication Type
- Cellular Technology
- Radio Frequency (RF)
- Power Line Communication (PLC)
- Other Communication Types
Based on Phase
- GISM (Single Phase, 230v, <40A)
- GIST (Three Phase, 3*230/400v, <60A)
- GISS (Heavy Consumers, >60A)
Based on Precision
- Accuracy Class 0.25S
- Accuracy Class 0.2S
- Accuracy Class 0.5S
Based on End Use
- Residential Use
- Commercial Use
- Industrial Use
Geographically
- Japan
- China
- Korea
- Australia
- India
- APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
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