Zion Market Research Global Smart Electric Meter Market, 2016–2024 | Page 2

Smart Electric Meter Market
Zion Market Research, the market research group announced the analysis report titled ‘Global
Smart Electric Meter Market: Size, Share, Segments, Analysis and Forecast, 2016 –
2024’
Global Smart Electric Meter Market: Overview
A smart electric meter is an electronic gadget that notes down the usage of electric power
between certain intervals of time. This time intervals normally last for an hour or less. The
meter then communicates this data back to the utility and the service provider for billing and
monitoring. The smart electric meters works on the two-way communication principle. The
communication is done between the central system and the meter.
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meter-market
Global Smart Electric Meter Market: Growth Factors
The global smart electric meter market is likely to have a huge growth in
Effective smart grid initiative in the surround areas is the main reason that
growth of the global market. In addition to this, energy-efficiency measures are
global smart electric meter market growth. Besides this, high investment in the
coming future.
has driven the
also driving the
up gradation of