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Power Metering Market by Application, by Phase, by type, & by Region  - Global Trend & Forecast to 2020

Power Metering Market: Forecast until 2020

  • July 2015
  • 157 pages
  • ID: 3153896
In this report:
On the other hand, ##.## million units were shipped of smart meters in 2014, which is expected to increase to a projected shipment of ##.## million units by 2020, at a CAGR of ##.##% during the forecast period.
According to the BP Energy Outlook 2035, energy demand is also expected to increase by ##% between 2006 and 2035 at ##.##% per year on an average, from ## Mtoe in 2006 to ##,## Mtoe by 2035.


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This market report estimates the power metering market in terms of value significance in USD million and the number of units the meters shipped. This has been broken down into localities, and further split into territories.

The construction industry together with a rise in the electrification rate in different countries across the world to offer better living standards would help drive the power metering market. A power meter is an electric device that measures energy consumption and enables uni as well as bi-directional communication, between the meter and the central system. The device reads and stores data of the number of units of electricity consumed at intervals, and communicates this information back to the utility for billing and monitoring purposes. Additionally, numerous government regulations to replace aging digital meters with smart meters across EU by 2020 would act as a catalyst for the increase ot the power metering market.

The size of the global market has been determined by forecast techniques, established on region-wise demand for different types of meters including smart, digital, and analog. The sector is anticipated to grow at a compound annual growth rate (CAGR) of approximately 8.90 percent between 2015 and 2022.

The market research offers a full review of top firms and competitive study of developments recorded in the market during the past four years. Sector drivers, industry restraints, and opportunities of the market have been discussed in detail. The leading actors of the market including General Electric (NYSE:GE), Itron, Toshiba Corp., Melrose Plc., Wasion Group Holdings Ltd., Holley Metering, and Niangbo Sanxing Electric Co. Ltd. have been described in this business report.

Scope of the report: This analysis estimates the overall power metering market in terms of application, category, and phase until 2020. It also provides a in-depth qualitative and quantitative analysis of this market. This industry report offers a comprehensive review of the main market drivers, market restraints, alternatives, opportunities, winning imperatives, and main issues of the market. It also includes several important aspects of the market. These include review of value chain, Porter's Five Forces model, opposing landscape, market forces, industry estimates in terms of value importance, and next trends in the power metering market.

Different secondary sources including encyclopedias, directories, and databases have been used to identify and collect info that was useful for this extensive commercial study of the overall power metering market. Primary sources, experts, manufacturers, and service providers from the sector have been interviewed to obtain and verify critical data as well as assess future prospects of the overall power metering market.

On the basis of application type: Residential, Commercial, and Industrial. Residential is further split into urban and rural.

On the basis of phase: Single and three

On the basis of: Smart, Digital, and Analog

On the basis of area: North America continent, Europe (EU), South America region, Asia Pacific (APAC), and the Middle-East & African continent

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