Global Electric Sub-meter Market was worth US$ 7 Bn. in 2019 and overall revenue is anticipated to rise at a rate of 5.8% from 2021 to 2027, reaching almost US$ 10.96 Bn. by 2027.
Market Overview
The Electric Sub-meter market is expected to grow at a significant growth rate during the forecasted period. The Electric Sub-meter market report helps in recognizing the drivers that are driving the market growth and restraints can help you to identify characteristics that are restraining the market and help you identify them and decrease or improve them before they become an issue.
Electric Sub-meter Market Scope
The report on the Electric Sub-meter market provides the comprehensive analysis of the various segments and sub-segments and competitive landscapes in the industry. The report provides the information of the micro and macro economic factors which impacts the Electric Sub-meter market negatively or positively and drives or restrains the market’s growth. The primary and secondary data collected by the research team from many sources such as telephonic interviews, annual reports, industry experts and market players, government surveys, press releases and free and paid data bases are thoroughly analyzed and are scientifically represented with of the help of the tables, pie charts and graphs for user to understand easily.
The research team uses the tools such as SWOT analysis and PESTLE analysis for understanding the impacts of the factors such as political, economic, sociological, technological and legal which affects the market and to provide the strength and weakness, upcoming opportunities and threats to Electric Sub-meter market.
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Electric Sub-meter Market Segmentation:
In recent years, electronic meters have gained in popularity. On an electronic meter's LED/LCD display, readings of the electricity usage of the connected appliances are shown. The readings on electronic meters are digital as opposed to electromechanical ones. The meters have a lifespan of five years, are durable, and provide reliable readings in any weather. They are substantially more efficient than electromechanical meters in that they record each tiny unit of electricity utilized. There are several tempered states that can be accurately measured, including reverse tamper, earth tamper, DC influence immunity, and phase sequence distribution.
Electric Sub-meter Market Key Players:
• Landis
• Itron(Silver Spring Networks)
• GE Digital Energy
• Siemens
• Kamstrup
• Xylem Inc
• Elster Group
• Aclara
• Sagemcom
• Leviton
• Echelon
• Nuri Telecom
• E-Mon
• Sanxing
• Linyang Electronics
• Wasion Group
Regional Analysis:
The major regions which are covered in the research are North America, Asia-Pacific, Latin America, the Middle East and Africa, and Europe and their specific key players in the regions are analyzed in the research. The countries like US, Germany, France and the UK as well as Italy is estimated to register significant growth due to rising R&D in the Electric Sub-meter market. The regional analysis covers the region wise analysis of the market from local to global level to provide a clear understanding and answers to the questions of the users such as investors, stakeholders and new entrants of the Electric Sub-meter market.
Key Questions answered in the Electric Sub-meter Market Report are:
Key offerings:
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Mar 20, 2023