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The Smart Electric Meter Market size is anticipated to reach $36 billion by 2030. Increasing energy prices in developed and developing economies are expected to spur significant growth in the market over the next few years. Customers in the commercial and residential sectors are preferring smart metering solutions to reduce their energy costs.
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The report "Smart Electric Meter Market by Communication Technology Type (Radio Frequency, Power Line Communication, and Cellular), End-User (Residential, Commercial, and Industrial), Phase (Single Phase, and Three Phase), and Region - Global Forecast to 2023", The smart electric meter market is projected to grow from an estimated USD 9.27 Billion in 2018 to USD 11.33 Billion by 2023, at a CAGR of 4.11%, from 2018 to 2023. The market is set to witness growth due to the increased need for efficient data monitoring systems coupled with favorable government policies for smart meter rollout, improved cost savings owing to the use of smart meters making it a definitive case for adoption, and increasing emphasis on renewable energy sources globally.
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The Global Smart Electric Meter Market Research Report 2017 renders deep perception of the key regional market status of the Smart Electric Meter Industry on a global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan.
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This Report provided by 24 Market Reports is about, RF Power Meter in China market, focuses on the top players in China market, with capacity, production, price, revenue and market share for each manufacturer, covering General Electric Itron Toshiba Melrose Plc Wasion Group Holdings
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The global power quality meter market is estimated to have a market size of USD 870.5 Million in 2016, and is projected to grow at a CAGR of 7.5% from 2016 to 2021, to reach USD 1,252.0 million by 2021. Factors such as increasing investments in renewable power projects, surge in transmission & distribution expenditure, necessity to protect electrical components and networks, and increasing construction and industrial activities across the globe are few of the major drivers for the growth of the market.
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In Ontario, our smart meters will record electricity consumption on an hourly basis, and, typically, report that information via a wireless technology.
In this report, the global Industrial Smart Meter market is valued at USD 12.77 Billion in 2017 and is expected to reach USD 19.95 Billion by the end of 2025, growing at a CAGR of 9.31% between 2017 and 2025. Geographically, this report is segmented into several key Regions, with production, consumption, revenue million USD, market share and growth rate of Industrial Smart Meter in these regions, from 2013 to 2025 forecast, covering North America Europe China Japan South America Global Industrial Smart Meter market competition by top manufacturers, with production, price, revenue value and market share for each manufacturer; the top players including Landis+Gyr Itron Siemens Kamstrup Elster Group
Global Intelligent Thermal Mass Flow Gas Meter Market Research Report 2018 provides a complete data analysis with Market value, Sales, Price, Industry Analysis and Forecast with the help of Industry Experts.
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The Europe electric bus market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.4 Billion by 2032, exhibiting a growth rate (CAGR) of 19.81% during 2024-2032.
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