Global Smart Energy Meter Market to Grow at a CAGR of 8.1% during 2015

Smart Energy Meter Market

Smart Energy Meter Market 2015

Global Smart Energy Meter market to grow at a CAGR of 8.1% over the period 2014-2019.

Smart energy meters are the next-generation meters that provide more precise and exact amount of electricity consumption. They are generally installed at households or in enterprise infrastructure to maintain detailed statistics about energy consumption. A smart energy meter works as an electrical meter that measures and provides feedback of the power consumed to the electricity supplier. It is also useful for customers as they too can monitor the amount of power used. This two-way communication capability is the most important feature which enables the parties involved (consumers and electricity suppliers) to keep track of real-time energy consumption. There are several other benefits of using smart energy meters. These meters send details of the energy used to the electricity suppliers, helping them to produce accurate bills; the consumers can control the power consumed and monitor their power consumption habits; and smart energy meters help in reducing carbon emission that results from using energy.

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Covered in this Report

Global Smart Energy Meter Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Smart Energy Meter market forecast and its growth prospects in the coming years. The report also includes the segmentation on the basis of end-user along with the geographical segmentation of the Global Smart Energy Meter market. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

GE Energy
Sensus USA

Other Prominent Vendors

Elster Group
Siemens Energy

Market Driver

Improvement in Accuracy of Billing
For a full, detailed list, view our report

Market Challenge

Issues Related to Data Management and Meter Replacement
For a full, detailed list, view our report

Market Trend

Increased Support from Regulatory Authorities
For a full, detailed list, view our report

William Mckeown is a qualitative researcher who specializes in technology , moderating and online community management. He combines his experience in forthcoming technology research. He has conducted qualitative research in a variety of industries. These include: ad tracking, consumer packaged goods (CPGs), healthcare, pharmaceutical, food/beverage, alcohol/spirits, B2B, banking, insurance, automotive, apparel, beauty/cosmetics, and mobile technology.

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