Smart Electric Meter Market to cross $10bn by 2024 Smart Electric Meter Market | Page 2

UK smart electric meter market is witnessed to grow on account of growing
measures toward the adoption of energy efficient products. Introduction of strict
emission norms toward the development of sustainable technologies has created a
competitive business scenario for leading manufacturers across the region. The
Article 9-11 of the UK Energy Efficiency Directive provides rules on devices related
to metering and billing information that needs to be provided to end users.
China, in 2017 accounted for over 70% smart electric meter market share across
Asia Pacific. Growing penetration of smart technologies along with shifting focus
toward energy efficiency will stimulate the business growth. Asian Development
Bank is supporting the sustainable use of energy and the roll-out of smart meters is
the top priority in line with the adoption of renewable and smart-grid technologies.
China in its 13th five-year plan introduced various smart city projects that include the
installation of smart meters across water and electric networks.
UK Smart Electric Meter Market Size, By Application, 2017 & 2024 (Million Units)
Browse key industry insights spread across 511 pages with 1044 market data tables
& 10 figures & charts from the report, “Smart Electric Meter Market Size By
Application (Residential {Single Family, Multi Family}, Commercial {Education,
Healthcare, Retail, Logistics & Transportation, Offices, Hospitality}, Utility), By
Technology (AMI {RF, PLC, Cellular}, AMR), By Phase (Single Phase, Three
Phase) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany,
UK, France, Russia, Italy, Sweden, Denmark, Austria, Spain, China, India,
Japan, Australia, South Korea, Saudi Arabia, UAE, Oman, Kuwait, Iran,
Lebanon, Egypt, South Africa, Nigeria, Brazil, Mexico, Uruguay, Argentina,
Chile) Application Potential, Competitive Market Share & Forecast, 2018 –
2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/smart-electric-meter-market
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