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Global Power Meter Market Forecast to 2022
Regional Analysis:
The global power metering market covers the following geographies in its regional
segmentation: Asia Pacific, North America, Europe, and the Rest of the World (RoW).
Asia Pacific stands tall in the global power metering market with a massive share percentage
to its name. The regional market is projected to grow during the forecast period at a notable
pace to cement itself as one of the key regions the global landscape. The growth of the
regional market can be attributed to the various government projects initiated like the smart
city project in India, which contributes majorly to the growth of the power metering market in
Asia Pacific. Factors like increasing construction spending, enhancement of the grid
infrastructure, and rising industrial activities in the region are all expected drive considerable
demand towards the market. Also, emerging economies like China and Japan are trying to
grab a hold over the market with their strategical implementations.
The North American market is another leading market in the global power metering market.
The market is experiencing considerable growth due to the growing infrastructure and the
various government projects