Global Markets for Smart Meters 2015-2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Smart Meters Market Analysis, Market Size, Application

Analysis, Regional Outlook, Competitive Strategies and

Forecasts, 2015 To 2020

Industry Insights:

Smart meters market is expected to witness the growth over the forecast period due to its

advantages over traditional meters in terms of fulfilment of favourable regulatory conditions.

Initiative from government, electricity utility companies and other regulatory bodies are expected

to increase the usage of smart meters, increasing the growth of the market in coming years. Rules

set by these legislative bodies in order to, ensure secure energy theft, electricity supply, monitor

& control power consumption in household, industrial and commercial locations. Furthermore,

increasing activities in countries such as distribution networks, up gradation of meters,

generating capabilities and transmission systems are aiding the growth of smart meters globally.

Browse Detail Report with TOC @ http://www.hexaresearch.com/research-report/smartmeters-industry/

Product Insights:

Gas meters, electricity meters and water meters are the major products under smart meters

category. In addition to that, the smart meters offer two-way communication medium between

Hexa Research Inc.

Industry Research,Custom Research & Consulting

utility and meters, monitoring of power quality, enhanced accuracy, real-time data feeds and

automated outage detection features. Gas meters have usage application highest in residential,

commercial and industrial segments. Water meters and electricity meters also find applications in

residential, commercial and industrial segments. These products are expected to witness growth

in respective industries over the forecastperiod.

Application Insights

Smart meters find applications in sectors such as commercial, industrial and residential.

Residential sector dominates the market. Growing population in Asia Pacific...