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Global Smart Electricity Meters Market Forecast to 2025: Growth Opportunities in Service-based Models, Grid Intelligence, Game Changers - ResearchAndMarkets.com

December 2, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Dec 2, 2019--

The “Global Smart Electricity Meters Market, Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The global smart electricity meter market research provides insights into the latest developments in the market, including forecasts on unit shipments, associated revenue for all major regions and also insights on which country markets are the key to growth.

The global smart meter market continued to register strong growth in 2018, as major rollouts continued to accelerate, pilot projects became larger projects and the first second-generation smart meter installations occurred. China will remain the most important country market, accounting for approximately 50% of shipments across the forecast period, as the country replaces its first generation of meters on an eight-year cycle.

Europe will be the second most important regional market, with France, Netherlands, Norway, and the United Kingdom all making major advances and with Spain completing its rollout. Europe leads the second wave of metering, with Italy and Sweden both starting to replace existing meters, and with Finland and Denmark expected to follow suit in 2022.

Network operators and utilities in these countries are demanding higher levels of functionalities from meters in order to be able to offer additional services to customers and enable real-time monitoring of energy consumption. The North American market, a hive of activity in the beginning of the 2010s, has returned to growth with a combination of second-generation metering, smaller utilities rolling out smart metering and higher replacement rates for the existing base, all likely to drive growth in the future.

The Asia-Pacific (APAC) market is currently dominated by the rollout in Japan, but over the forecast period, there will be strong growth in South Korea, Taiwan, Indonesia, India, Malaysia, Pakistan and the Philippines. Rounding up the remaining regions, the UAE is the key market in the Middle East, whilst Uzbekistan is challenging Russia as the most important market in the CIS region. The demand in South America remains low, but there is still a long-term potential for recovery. Africa remains focused on pilot projects.

Key Issues Addressed:

Key Topics Covered:

1. Executive Summary

2. Market Overview

3. Drivers and Restraints - Total Smart Electricity Meters Market

4. Forecast and Trends - Total Smart Electricity Meters Market

5. Market Share and Competitive Analysis - Total Smart Electricity Meters Market

6. Growth Opportunities and Companies to Action

7. North America Breakdown

8. Europe Breakdown

9. APAC (Excluding China) Breakdown

10. China Breakdown

11. South America Breakdown

12. Russia and the CIS Breakdown

13. The Middle East Breakdown

14. Africa Breakdown

15. The Last Word

For more information about this report visit https://www.researchandmarkets.com/r/mtjt2l

View source version on businesswire.com:https://www.businesswire.com/news/home/20191202005678/en/

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SOURCE: Research and Markets

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PUB: 12/02/2019 10:50 AM/DISC: 12/02/2019 10:50 AM