The Asia Pacific Smart Meters Market Report 2023 gives the technical and financial data of the market for the present and the foreseeable future. This report is one of the most thorough and significant additions to the Astute Analytica market research archive. It provides a thorough investigation and analysis of important facets of the world market. The supply and demand scenario, pricing set-up, profit margins, production, and market analysis are all examined in this study as major driving forces behind the worldwide Asia Pacific Smart Meters Market expansion.
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The report incorporates both qualitative and quantitative evaluations from subject-matter experts and representatives across various industries along the supply chain. Asia Pacific smart meters market is projected to offer a revenue opportunity of US$ 42,104.8 Mn during the forecast period 2023–2031 and is estimated to reach US$ 53,596.9 Mn by 2031 at a CAGR of 20.1%.
The report gives a thorough analysis of the Asia Pacific Smart Meters Market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.
The leading companies mentioned are
- Badger Meter
- EDMI Limited
- Holley Technology Ltd
- Honeywell International
- Itron
- Kamstrup
- Landis+Gyr
- Larsen & Toubro
- Neptune Technology
- Schneider Electric
- Sensus
- Siemens
- Wasion Group
- Zilog Inc.
- Other Prominent Players
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The segmentation overview of the Asia Pacific Smart Meters Market includes
By Type
- Smart Electricity Meter
- Smart Water Meter
- Smart Gas Meter
By Communication Method
- Radio Frequency
- Power Line Communication
- Cellular
By Phase
- GISM (Single Phase)
- GIST (Three Phase)
- GISS (Heavy Consumers)
By Technology
- Automated Meter Reading (AMR)
- AMI
By End-User
- Residential
- Commercial
- Industrial
By Country
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
Overall, Astute Analytica’s report on the Asia Pacific Smart Meters Market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.
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