Skip to main content

Smart Meters Market: In-Depth Coverage And Various Important Aspects by 2030

Globally, the smart meters market would demonstrate the highest growth in the Asia-Pacific (APAC) region in the upcoming years, primarily because of the increasing enactment of favorable government regulations regarding the usage of smart meters in various regional countries. For example, in China, as part of the five-year countrywide plan to upgrade and modernize the grid infrastructure, the utilities organizations are installing numerous smart meters.

Other countries in the APAC region have also realized the need to upgrade their grid infrastructure and make it in line with the international standards, which would, in turn, help them improve the revenue collection procedure of utilities and address the various energy challenges.

The players operating in the global smart meters market are increasingly announcing partnerships with other major players in the industry, the governments of various countries, local/regional players, and utilities for expanding their reach and improving their range of product offerings. 


Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/smart-meters-market/report-sample

For example, Itron Inc. announced an integration and sales collaboration in January 2020 with Innowatts, which is a provider of AI-based solutions and advanced metering infrastructure (AMI)-enabled predictive analytics.

Some of the leading players in the global smart meters market are Siemens AG, Sagemcom, Schneider Electric SE, Osaki Electric Co. Ltd., Itron Inc., Elster Group GmbH, Iskraemeco d.d., Enel S.p.A., Holley Metering Ltd., and Landis+Gyr.

This market research report provides a comprehensive overview of the smart meters market

Historical and the present size of the smart meters market
Future potential of the market through its forecast for the period 2020– 2030
Major factors driving the market and their impact during the short, medium, and long terms
Market restraints and their impact during the short, medium, and long terms
Recent trends and evolving opportunities for the market participants
Historical and the present size of the market segments and understand their comparative future potential

Comments

Popular posts from this blog

Increasing Internet Penetration Fueling Demand for Product Analytics

With the increasing penetration of the internet in both developing countries such as China and India and developed countries such as Singapore and the U.S., the worldwide demand for product analytics is rising rapidly. For example, according to the Office for National Statistics, in 2018, 90% of all households in Great Britain had access to the internet. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/product-analytics-market/report-sample Additionally, the total percentage of adults who used the internet daily grew from 35% to 86% from 2006 to 2018 in the country. The rapid digital transformation in various countries is pushing up the requirement for product analytics solutions. Moreover, businesses all over the world are increasingly adopting advanced technologies such as product analytics for building a holistic understanding and delivering greater customer engagement. Apart from this, rapid advancements and innovations being made in various cog...

Conversational AI Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

There are two ways in which conversational AI solutions are deployed, namely cloud and on-premises. Of these, the conversational AI solutions deployed through cloud recorded higher demand in 2018, and this deployment method is expected to remain more popular in the coming years. This is primarily attributed to the ballooning demand for scalability and easier maintenance features and 24*7 services offered by these solutions. Furthermore, many major companies are adopting cloud-based solutions for increasing their operational flexibility and reducing their operational costs. Coherent with these facts, the biggest phenomenon currently being observed in the conversational AI market is the mushrooming implementation of chatbots, as well as IVA, in various healthcare applications. Geographically, the highest demand for conversational AI market share has been witnessed in North America in the last few years, and the next few years will witness a similar situation. For instance, a Mahara...

Huge Growth Expected in Japan Heat Stress Monitor Market in Future

In the last 100 years, the average annual temperature of Japan has risen by a whole degree (Celsius), says the World Wildlife Fund. Moreover, the number of hot days, when the maximum temperature is more than 35 °C, is higher now than before, while the cold has become less extreme. Even the instances and duration of snowfall and the extent of ice in the southern part of the Sea of Okhotsk are reducing.  With such rampant global warming, the Japanese population is suffering more than ever because it is simply not used to such hot conditions. Moreover, by 2050, the annual mean temperature in the country is set to rise by 3 °C and, further, by 5 °C by 2080. According to P&S Intelligence, due to such climate change, the Japanese heat stress monitor market , which valued $1.98 million in 2020, is expected to reach $3.96 million by 2030, at a 7.05% CAGR between 2021 and 2030.  This is because the changing weather conditions are leading to the rising number of heat stroke cases, ...