Smart Metering Systems Market to cross $21bn by 2024 Smart Metering Systems Market | Page 3

Australia smart metering systems market is set to expand over 16% by 2024.
Introduction of government policies along with growing measures toward energy
conservation will fuel the business growth. In December 2017, the government of
Australia introduced Power of Choice reform which seeks to provide AMI meters to
all electricity consumers across the region.
Increasing number of utilities along with the integration of advanced ICT solutions for
operations will stimulate the smart metering systems market growth. The rising
demand for effective measurement, monitoring, and utilization of natural resources
will further facilitate the large-scale deployment of these meters.
Key industry participants in the smart metering systems market include Apator,
Circutor, Iskraemco, Kamstrup, Aclara, Sensus, Neptune, Osaki, Badger Meter,
Honeywell International, Schneider, Itron, Siemens, and Landis+Gyr.
Industry Coverage
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