Insights into the Industry
The electricity meter industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of electricity meter ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the electricity meter market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards electricity meter 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the electricity meter industry and impacting its growth. Our report divides the electricity meter market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global electricity meter market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Electricity Meter Market research report which is segmented by Products (Flat-rate Meters, Interval Meters, Smart Meters, Solar Meters), by Applications (Commercial, Industrial, Domestic), by Key Players/Companies Itron Inc., Honeywell International Inc., Eaton, Siemens, Socomec, Legrand, GE Energy Company, STMicroelectronics, ABB Group, Wasison Group Holdings”. In 2020, the global electricity meter market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
Request Free SampleScope of the report
| Report Attributes | Report Details |
|---|---|
| Report Title | Electricity Meter Market Research Report |
| By Products | Flat-rate Meters, Interval Meters, Smart Meters, Solar Meters |
| By Applications | Commercial, Industrial, Domestic |
| By Key Players | Itron Inc., Honeywell International Inc., Eaton, Siemens, Socomec, Legrand, GE Energy Company, STMicroelectronics, ABB Group, Wasison Group Holdings |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 108 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global electricity meter industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, electricity meter industry study report has included all major manufacturers and distributors operating in the electricity meter market across all major regions.
Electricity Meter Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating electricity meter market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Electricity Meter Market Key Trends Analysis
The key factors influencing the growth of the electricity meter market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Electricity Meter Market Key Segment Analysis
The report delivers a critical assessment on the electricity meter market by segmenting it based on Products, Applications, and region. All the segments and categories of the electricity meter market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global electricity meter market is segmented into Flat-rate Meters, Interval Meters, Smart Meters, Solar Meters. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Commercial, Industrial, Domestic. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the electricity meter market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Electricity Meter Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global electricity meter market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the electricity meter market.
Some of the leading players profiled in the global electricity meter market are,
- Itron Inc.
- Honeywell International Inc.
- Eaton
- Siemens
- Socomec
- Legrand
- GE Energy Company
- STMicroelectronics
- ABB Group
- Wasison Group Holdings
The Key Audiences for Electricity Meter Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the electricity meter market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global electricity meter market are as follows:
Global Electricity Meter Market: By Products
- Flat-rate Meters
- Interval Meters
- Smart Meters
- Solar Meters
Global Electricity Meter Market: By Applications
- Commercial
- Industrial
- Domestic
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major electricity meter . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Electricity Meter market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Itron Inc.
- Honeywell International Inc.
- Eaton
- Siemens
- Socomec
- Legrand
- GE Energy Company
- STMicroelectronics
- ABB Group
- Wasison Group Holdings
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Electricity Meter Market Share by Type (2020-2026) 1.5.2 Flat-rate Meters 1.5.3 Interval Meters 1.5.4 Smart Meters 1.5.5 Solar Meters 1.6 Market by Application 1.6.1 Global Electricity Meter Market Share by Application (2020-2026) 1.6.2 Commercial 1.6.3 Industrial 1.6.4 Domestic 1.7 Electricity Meter Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Electricity Meter Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Electricity Meter Market 3.1 Value Chain Status 3.2 Electricity Meter Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Electricity Meter 3.2.3 Labor Cost of Electricity Meter 3.2.3.1 Labor Cost of Electricity Meter Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Itron Inc. 4.1.1 Itron Inc. Basic Information 4.1.2 Electricity Meter Product Profiles, Application and Specification 4.1.3 Itron Inc. Electricity Meter Market Performance (2015-2020) 4.1.4 Itron Inc. Business Overview 4.2 Honeywell International Inc. 4.2.1 Honeywell International Inc. Basic Information 4.2.2 Electricity Meter Product Profiles, Application and Specification 4.2.3 Honeywell International Inc. Electricity Meter Market Performance (2015-2020) 4.2.4 Honeywell International Inc. Business Overview 4.3 Eaton 4.3.1 Eaton Basic Information 4.3.2 Electricity Meter Product Profiles, Application and Specification 4.3.3 Eaton Electricity Meter Market Performance (2015-2020) 4.3.4 Eaton Business Overview 4.4 Siemens 4.4.1 Siemens Basic Information 4.4.2 Electricity Meter Product Profiles, Application and Specification 4.4.3 Siemens Electricity Meter Market Performance (2015-2020) 4.4.4 Siemens Business Overview 4.5 Socomec 4.5.1 Socomec Basic Information 4.5.2 Electricity Meter Product Profiles, Application and Specification 4.5.3 Socomec Electricity Meter Market Performance (2015-2020) 4.5.4 Socomec Business Overview 4.6 Legrand 4.6.1 Legrand Basic Information 4.6.2 Electricity Meter Product Profiles, Application and Specification 4.6.3 Legrand Electricity Meter Market Performance (2015-2020) 4.6.4 Legrand Business Overview 4.7 GE Energy Company 4.7.1 GE Energy Company Basic Information 4.7.2 Electricity Meter Product Profiles, Application and Specification 4.7.3 GE Energy Company Electricity Meter Market Performance (2015-2020) 4.7.4 GE Energy Company Business Overview 4.8 STMicroelectronics 4.8.1 STMicroelectronics Basic Information 4.8.2 Electricity Meter Product Profiles, Application and Specification 4.8.3 STMicroelectronics Electricity Meter Market Performance (2015-2020) 4.8.4 STMicroelectronics Business Overview 4.9 ABB Group 4.9.1 ABB Group Basic Information 4.9.2 Electricity Meter Product Profiles, Application and Specification 4.9.3 ABB Group Electricity Meter Market Performance (2015-2020) 4.9.4 ABB Group Business Overview 4.10 Wasison Group Holdings 4.10.1 Wasison Group Holdings Basic Information 4.10.2 Electricity Meter Product Profiles, Application and Specification 4.10.3 Wasison Group Holdings Electricity Meter Market Performance (2015-2020) 4.10.4 Wasison Group Holdings Business Overview 5 Global Electricity Meter Market Analysis by Regions 5.1 Global Electricity Meter Sales, Revenue and Market Share by Regions 5.1.1 Global Electricity Meter Sales by Regions (2015-2020) 5.1.2 Global Electricity Meter Revenue by Regions (2015-2020) 5.2 North America Electricity Meter Sales and Growth Rate (2015-2020) 5.3 Europe Electricity Meter Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Electricity Meter Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Electricity Meter Sales and Growth Rate (2015-2020) 5.6 South America Electricity Meter Sales and Growth Rate (2015-2020) 6 North America Electricity Meter Market Analysis by Countries 6.1 North America Electricity Meter Sales, Revenue and Market Share by Countries 6.1.1 North America Electricity Meter Sales by Countries (2015-2020) 6.1.2 North America Electricity Meter Revenue by Countries (2015-2020) 6.1.3 North America Electricity Meter Market Under COVID-19 6.2 United States Electricity Meter Sales and Growth Rate (2015-2020) 6.2.1 United States Electricity Meter Market Under COVID-19 6.3 Canada Electricity Meter Sales and Growth Rate (2015-2020) 6.4 Mexico Electricity Meter Sales and Growth Rate (2015-2020) 7 Europe Electricity Meter Market Analysis by Countries 7.1 Europe Electricity Meter Sales, Revenue and Market Share by Countries 7.1.1 Europe Electricity Meter Sales by Countries (2015-2020) 7.1.2 Europe Electricity Meter Revenue by Countries (2015-2020) 7.1.3 Europe Electricity Meter Market Under COVID-19 7.2 Germany Electricity Meter Sales and Growth Rate (2015-2020) 7.2.1 Germany Electricity Meter Market Under COVID-19 7.3 UK Electricity Meter Sales and Growth Rate (2015-2020) 7.3.1 UK Electricity Meter Market Under COVID-19 7.4 France Electricity Meter Sales and Growth Rate (2015-2020) 7.4.1 France Electricity Meter Market Under COVID-19 7.5 Italy Electricity Meter Sales and Growth Rate (2015-2020) 7.5.1 Italy Electricity Meter Market Under COVID-19 7.6 Spain Electricity Meter Sales and Growth Rate (2015-2020) 7.6.1 Spain Electricity Meter Market Under COVID-19 7.7 Russia Electricity Meter Sales and Growth Rate (2015-2020) 7.7.1 Russia Electricity Meter Market Under COVID-19 8 Asia-Pacific Electricity Meter Market Analysis by Countries 8.1 Asia-Pacific Electricity Meter Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Electricity Meter Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Electricity Meter Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Electricity Meter Market Under COVID-19 8.2 China Electricity Meter Sales and Growth Rate (2015-2020) 8.2.1 China Electricity Meter Market Under COVID-19 8.3 Japan Electricity Meter Sales and Growth Rate (2015-2020) 8.3.1 Japan Electricity Meter Market Under COVID-19 8.4 South Korea Electricity Meter Sales and Growth Rate (2015-2020) 8.4.1 South Korea Electricity Meter Market Under COVID-19 8.5 Australia Electricity Meter Sales and Growth Rate (2015-2020) 8.6 India Electricity Meter Sales and Growth Rate (2015-2020) 8.6.1 India Electricity Meter Market Under COVID-19 8.7 Southeast Asia Electricity Meter Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Electricity Meter Market Under COVID-19 9 Middle East and Africa Electricity Meter Market Analysis by Countries 9.1 Middle East and Africa Electricity Meter Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Electricity Meter Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Electricity Meter Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Electricity Meter Market Under COVID-19 9.2 Saudi Arabia Electricity Meter Sales and Growth Rate (2015-2020) 9.3 UAE Electricity Meter Sales and Growth Rate (2015-2020) 9.4 Egypt Electricity Meter Sales and Growth Rate (2015-2020) 9.5 Nigeria Electricity Meter Sales and Growth Rate (2015-2020) 9.6 South Africa Electricity Meter Sales and Growth Rate (2015-2020) 10 South America Electricity Meter Market Analysis by Countries 10.1 South America Electricity Meter Sales, Revenue and Market Share by Countries 10.1.1 South America Electricity Meter Sales by Countries (2015-2020) 10.1.2 South America Electricity Meter Revenue by Countries (2015-2020) 10.1.3 South America Electricity Meter Market Under COVID-19 10.2 Brazil Electricity Meter Sales and Growth Rate (2015-2020) 10.2.1 Brazil Electricity Meter Market Under COVID-19 10.3 Argentina Electricity Meter Sales and Growth Rate (2015-2020) 10.4 Columbia Electricity Meter Sales and Growth Rate (2015-2020) 10.5 Chile Electricity Meter Sales and Growth Rate (2015-2020) 11 Global Electricity Meter Market Segment by Types 11.1 Global Electricity Meter Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Electricity Meter Sales and Market Share by Types (2015-2020) 11.1.2 Global Electricity Meter Revenue and Market Share by Types (2015-2020) 11.2 Flat-rate Meters Sales and Price (2015-2020) 11.3 Interval Meters Sales and Price (2015-2020) 11.4 Smart Meters Sales and Price (2015-2020) 11.5 Solar Meters Sales and Price (2015-2020) 12 Global Electricity Meter Market Segment by Applications 12.1 Global Electricity Meter Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Electricity Meter Sales and Market Share by Applications (2015-2020) 12.1.2 Global Electricity Meter Revenue and Market Share by Applications (2015-2020) 12.2 Commercial Sales, Revenue and Growth Rate (2015-2020) 12.3 Industrial Sales, Revenue and Growth Rate (2015-2020) 12.4 Domestic Sales, Revenue and Growth Rate (2015-2020) 13 Electricity Meter Market Forecast by Regions (2020-2026) 13.1 Global Electricity Meter Sales, Revenue and Growth Rate (2020-2026) 13.2 Electricity Meter Market Forecast by Regions (2020-2026) 13.2.1 North America Electricity Meter Market Forecast (2020-2026) 13.2.2 Europe Electricity Meter Market Forecast (2020-2026) 13.2.3 Asia-Pacific Electricity Meter Market Forecast (2020-2026) 13.2.4 Middle East and Africa Electricity Meter Market Forecast (2020-2026) 13.2.5 South America Electricity Meter Market Forecast (2020-2026) 13.3 Electricity Meter Market Forecast by Types (2020-2026) 13.4 Electricity Meter Market Forecast by Applications (2020-2026) 13.5 Electricity Meter Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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