Smart Electric Meter Market: 2019 Global Industry Trends, Growth, Share, Size and 2026 Forecast Research Report


The global smart electric meters market is anticipated to reach USD 30.19 Billion by 2026.  Electricity plays a crucial role in the energy and power industry. The rising need to maintain data with an aim to avoid any unaccounted consumption is fueling demand for smart electric meters. These meters help to enhance the efficiency of power networks as they are fully digitized and involves measuring and collecting data. These meters act as strong pillars behind the intelligence power grids. Now, companies are developing smart electric meters that can not only collect data rather gather it for consumption billing. Such factors have compelled consumers to replace their traditional meters with smart and advanced electric meters.  These new electric meters can monitor the electricity consumption on a daily or monthly basis and directly sends the meter readings to the company. There is no manual operational activity involved in either producing a bill or noting the readings. Spurred by this advantage, the smart electric meters market is expected to grow at a promising rate in the forthcoming years. As compared to traditional electric meters, smart meters maintain transparency with regards to bill generation between consumers and electric companies. Owing to the rising adoption of renewable energies such as wind and solar energy, the smart electric meters are penetrating into developing as well as developed nations.

Browse Complete Report at https://www.fortunebusinessinsights.com/industry-reports/smart-electric-meter-market-100749

Top Players Overview:

•     GE
•     Secure Meters Limited
•     Itron, Inc.
•     Landis+Gyr
•     Kamstrup
•     ZPA Smart Energy
•     Siemens
•     Xylem Inc.
•     ABB
•     Holley Technology Ltd
•     Jabil
•     Honeywell
•     Xemex
•     EDMI Limited

Sample PDF Brochure  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/smart-electric-meter-market-100749

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