A latest report has been added to the wide database of Smart Meter Market by Infinium Global Research. This
report studies the Smart Meter Market by product type (smart electric meter, smart water meter, and smart
gas meter), application type (commercial & industrial, and residential) market status and outlook of global and
major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of
different segments & countries in recent years and to forecast the values for the next six years. Smart Meter
Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of
competitive landscape, latest trends, and product offerings of the major companies in the Smart Meter
Market
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Segments Covered:
Global smart meter market can be segmented on the basis of its different types as smart electric meter, smart
water meter and smart gas meter. Furthermore, on the basis of different uses global smart meter market can
be segmented as commercial & industrial and residential.
Principal driver in the global smart meter market are government regulations. Regions such as Asia-Pacific and
Europe will experience tremendous growth due to these mandates. For example, the UK government has set
target to replace 53 million electricity and gas meters by 2020, this initiative will boost up the market over the
forecast period. Smart meter also helps to balance demand supply and increases distribution efficiency and
helps towards conserving energy due to which global smart meter market is pacing up.
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Infinium Global Research