The complete research study presented by Ample Market Research on Electrical Energy Meter Market describing qualitative insights of the industry such as type, products, application and forecast details till 2025. This report gives a detailed and comprehensive understanding of Electrical Energy Meter Market. With precise data covering all key aspects of the existing market, this report offers existing data of leading manufacturers. Understanding of the market condition by compliance of accurate historical data regarding each and every segment for the forecast period is mentioned. Leading factors affecting the growth of the market in a positive and negative perspective is examined and evaluated and projected in the report in detail. Insightful views and case studies from various industry experts help make the report more authentic.
Global electrical energy meter market is valued approximately USD 4447.8 million in 2017 and is anticipated to grow with a healthy growth rate of more than 1.8% over the forecast period 2018-2025. Electrical Energy Meter or a watthour meter measures the electrical energy passing through the meter and may be single-phase or poly-phase. Electric energy meter is an electrical equipment that measures the amount of electrical energy used by the consumers. Utilities are one the electrical departments, that install these instruments at various places including commercial buildings, homes, organization, industries to charge for the consumption of electricity by loads such as fans, lights, refrigerator and other home appliances. Rapid urbanization coupled with the increasing demand for electricity are some major forces that strengthen the growth of the electrical energy meter market over the forecast period. However, availability of advanced energy meters is the major factor that impede the growth of the electrical energy meter market.
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Company profiled in this report based on Business overview, financial data, Product landscape, Strategic outlook & analysis Holley Metering, Itron, Jiangsu Linyang, Delixi, Camille Bauer , Metrawatt, CAREL, CARLO GAVAZZI, CIRCUTOR, DOSSENA, ELECTREX, ELECTROMAGNETICA, Frer, HAGER, Iskra, Janitza Eletronics, Leviton, LOVATO ELECTRIC, Eaton, Schneider Electric SA, General Electric,Landis + Gyr
Electrical Energy Meter Market Segmentation by Product Type Electromechanical Meters, Electronic Meters
On the basis of segmentation, the electrical energy meter market is segmented into type and application. Among the type segment, electronic segment holds the leading position in terms and share and revenue owing to its inherent factors such as it provides consumed value along with the other information such as maximum and instantaneous rate of usage demands, power factor, voltage and others. Presently, electric utility companies have been replacing the outdated & traditional analog meters with the new, high-tech electronic meter versions. Also, the dominance of electronic meter is witnessed owing to the high deployment of electronic meters. Lowe power consumption and improved accuracy are some other advantages of electronic meters driving the market growth.
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Electrical Energy Meter Market Segmentation by Application Residential, Commercial
Among the application segment, residential application is the dominant segment in terms to revenue and share. Factors such as rapid urbanization, large number of households and large of total installation that measures the electricity consumption and coveys the voltage and consumption information to the end-users. For instance: As per the United Nations, Megacities (including a total of 13 countries of Asia, Latin America, Africa, Europe and North America) accounted for about 9.9% of urban population in 2011. This is expected to increase and reach up to 13.6% by the end of 2025. Also, about 50% of the population is expected to live in urban areas in Asia by the end of 2020. Such growth witnessed in urban population is expected to increase the adoption of electrical energy meter thereby, promoting the growth of the segment over the forecast period.
Electrical Energy Meter Market Segmentation by Region: North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World
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Strategic Points Covered in TOC
Chapter 1: Introduction, Key Trends, Global & Segment Market Estimates & Forecasts, market overview, and Methodology of the Electrical Energy Meter market
Chapter 2: In this section, the report provides information related Definition & Scope, Industry Evolution, Scope of the Study, Years Considered for the Study and Currency Conversion Rates.
Chapter 3,4: it provides an industry Analysis, Cost Analysis, Value Chain Analysis, PEST Analysis that explores Market Drivers, Threat of New Entrants and Substitutes, Market Challenges and Opportunities.
Chapter 5,6: Presenting Electrical Energy Meter market by Type, by Application, market share with Market estimates & forecasts
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
Chapter 8: Displaying the competitive nature among key Company Profiles, with market share, Recent Developments, revenue, and Top Market Strategies.
Chapter 9. Research Process
This report analyzes and forecasts the Electrical Energy Meter market at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2018 to 2025, considering 2017 as the base year and 2015, 2016 as a Historical year.
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Finally, the Electrical Energy Meter Market is a valuable source of guidance for individuals and companies. One of the major reasons behind providing market attractiveness index is to help the target audience and clients to identify the several market opportunities in the Electrical Energy Meter market. Moreover, for the better understanding of the market, Ample Market Research has also presented a key to get information about various segments of the Electrical Energy Meter market.
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