The Asia Pacific market for smart electric meters is anticipated to grow at a CAGR of 5.12% for the forecasted period of 2019-2027. The regional market is segregated based on geographies as India, China, Japan, Australia, South Korea and the rest of the Asia Pacific. The demand for energy is increasing due to population growth and risen living standards in the region. China is investing massively in the expansion of the nation’s energy infrastructure to keep up with the rapidly increasing power demand. The country has begun deploying a new generation of more advanced electricity meters, which are prepared for two-way communication. Currently, China captures the most significant share due to its policies.
ASIA PACIFIC SMART ELECTRIC METER MARKET FORECAST 2019-2027
Asia Pacific Smart Electric Meter Market by Application (Residential, Commercial, Industrial), by Technology (Amr, Ami) & Geography.
The Asia Pacific market for smart electric meters is anticipated to grow at a CAGR of 5.12% for the forecasted period of 2019-2027. The regional market is segregated based on geographies as India, China, Japan, Australia, South Korea and the rest of the Asia Pacific.
The demand for energy is increasing due to population growth and risen living standards in the region. China is investing massively in the expansion of the nation’s energy infrastructure to keep up with the rapidly increasing power demand. The country has begun deploying a new generation of more advanced electricity meters, which are prepared for two-way communication. Currently, China captures the most significant share due to its policies. National and industry leaders also have clear visions for the adoption of technology in the coming years.
Prominent companies involved in the smart electric meter market are Genus Power Infrastructure, Honeywell (Elster), Itron, Jiangsu Linyang, Microchip Technology, Holley Tech UK, Networked Energy Services, Iskraemeco, Schneider Electric, Siemens AG, Landis+Gyr (Toshiba Corporation) and Wasion Group.
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- RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- WHO WILL FIND THIS REPORT USEFUL?
- STUDY AND FORECASTING YEARS
- RESEARCH METHODOLOGY
- SOURCES OF DATA
- SECONDARY DATA
- PRIMARY DATA
- TOP-DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- SOURCES OF DATA
- EXECUTIVE SUMMARY
- MARKET SUMMARY
- KEY FINDINGS
- ASIA PACIFIC IS THE LARGEST AND THE FASTEST GROWING REGION
- RESIDENTIAL IS THE LARGEST SEGMENT BY APPLICATION
- AMI IS THE FASTEST GROWING MARKET
- MARKET DYNAMICS
- DEVELOPMENT OF SMART ELECTRIC METER SYSTEM
- MARKET DEFINITION & SCOPE
- MARKET DRIVERS
- RISING NEED FOR ENERGY CONSERVATION PRODUCTS AND SERVICES
- GOVERNMENT INITIATIVES TO SOLVE ENERGY NEED PROBLEM BY SMART ELECTRIC METER
- GROWTH IN THE SMART GRID MARKET WILL PUSH THE DEMAND FOR SMART ELECTRIC METER
- LOSSES LIKE FRAUD, THEFT, AND COSTS INVOLVED IN MANUAL COLLECTION OF DATA ARE REDUCED BY SMART ELECTRIC METER
- MARKET RESTRAINTS
- SAVING BENEFITS COULD BE NEGLIGIBLE CONCERNING COSTS INVOLVED
- HIGHLY CAPITAL INTENSIVE DUE TO INFRASTRUCTURE NOT IN PLACE
- MARKET OPPORTUNITY
- THE ENERGY SUPPLIER CAN BE ABLE TO GIVE MORE SERVICES TO THE CONSUMERS
- MARKET CHALLENGES
- POSSIBILITY OF DATA LEAK
- THE MARKET IS IN NASCENT STAGE
- MARKET BY APPLICATION
- RESIDENTIAL
- COMMERCIAL
- INDUSTRIAL
- MARKET BY TECHNOLOGY
- AMR
- AMI
- KEY ANALYTICS
- PORTER’S 5 FORCES ANALYSIS
- THREAT OF NEW ENTRANTS
- THREAT OF SUBSTITUTES
- BARGAINING POWER OF BUYERS
- BARGAINING POWER OF SUPPLIERS
- THREAT OF RIVALRY
- KEY BUYING CRITERIA
- COST
- PROCESSOR
- RAM SIZE
- SOFTWARE ADVANTAGES
- SCREEN RESOLUTION
- PAYMENT OPTION
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- VALUE CHAIN ANALYSIS
- PORTER’S 5 FORCES ANALYSIS
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- AUSTRALIA
- SOUTH KOREA
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- COMPANY PROFILES
- ABB LTD.
- ACLARA
- GENUS POWER INFRASTRUCTURE
- HOLLEY TECH UK
- HONEYWELL (ELSTER)
- ISKRAEMECO
- ITRON
- JIANGSU LINYANG
- LANDIS+GYR (TOSHIBA CORPORATION)
- MICROCHIP TECHNOLOGY
- NETWORKED ENERGY SERVICES
- SCHNEIDER ELECTRIC
- SIEMENS AG
- WASION GROUP
TABLE LIST
TABLE 1: ASIA PACIFIC SMART ELECTRIC METER MARKET, BY COUNTRY, 2019-2027, (IN $ MILLION)
TABLE 2: ASIA PACIFIC SMART ELECTRIC METER MARKET, BY APPLICATION, 2019-2027, (IN $ MILLION)
TABLE 3: ASIA PACIFIC SMART ELECTRIC METER MARKET BY TECHNOLOGY, 2019-2027 ($ MILLION)
TABLE 4: VARIOUS ADVANTAGES OF AMR SYSTEMS
TABLE 5: OPPORTUNITY MATRIX
TABLE 6: VENDOR LANDSCAPE
TABLE 7: ASIA PACIFIC SMART ELECTRIC METER MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE LIST
FIGURE 1: ASIA PACIFIC SMART ELECTRIC METER MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)
FIGURE 2: DEVELOPMENT OF DIFFERENT SMART METER SYSTEM
FIGURE 3: COST BREAKUP OF INSTALLATION FOR SMART ELECTRIC METER NETWORK.
FIGURE 4: REDUCING COST OF LI-ION BATTERY
FIGURE 5: ASIA PACIFIC SMART ELECTRIC METER MARKET, BY RESIDENTIAL, 2019-2027 (IN $ MILLION)
FIGURE 6: ASIA PACIFIC SMART ELECTRIC METER MARKET, BY COMMERCIAL, 2019-2027 (IN $ MILLION)
FIGURE 7: ASIA PACIFIC SMART ELECTRIC METER MARKET, BY INDUSTRIAL, 2019-2027 (IN $ MILLION)
FIGURE 8: ASIA PACIFIC SMART ELECTRIC METER MARKET, BY AMR, 2019-2027 (IN $ MILLION)
FIGURE 9: ASIA PACIFIC SMART ELECTRIC METER MARKET, BY AMI, 2019-2027 (IN $ MILLION)
FIGURE 10: PORTER’S FIVE FORCE ANALYSIS
FIGURE 11: KEY BUYING CRITERIA
FIGURE 12: VALUE CHAIN ANALYSIS
FIGURE 13: INDIA SMART ELECTRIC METER MARKET, 2019-2027 (IN $ MILLION)
FIGURE 14: CHINA SMART ELECTRIC METER MARKET, 2019-2027 (IN $ MILLION)
FIGURE 15: JAPAN SMART ELECTRIC METER MARKET, 2019-2027 (IN $ MILLION)
FIGURE 16: AUSTRALIA SMART ELECTRIC METER MARKET, 2019-2027 (IN $ MILLION)
FIGURE 17: SOUTH KOREA SMART ELECTRIC METER MARKET, 2019-2027 (IN $ MILLION)
FIGURE 18: REST OF ASIA PACIFIC SMART ELECTRIC METER MARKET, 2019-2027 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- AUSTRALIA
- SOUTH KOREA
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- MARKET BY APPLICATION
- RESIDENTIAL
- COMMERCIAL
- INDUSTRIAL
- MARKET BY TECHNOLOGY
- AMR
- AMI
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