Electricity Meters Market Growth 2012 - 2018

Transparency Market Research

USD 4595 Electricity Meters Market Global Industry Analysis, Size, Multi User License: USD 7595 Share, Growth, Trends and Corporate User License: Forecast, 2012 - 2018 USD 10595

Published Date 20-May-2013 71 Page Report Single User License:

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Electricity Meters Market is Expected to Reach USD 19.8 Billion Globally in 2018: Transparency Market Research

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Electricity Meters Market

REPORT DESCRIPTION

Electricity Meters Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Electricity Meters (Smart Meters) Market For Residential, Commercial and Industrial Applications -Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the demand for smart electricity meters was 25 million units in 2011, and is expected to reach over 148 million units in 2018, growing at a CAGR of 18.7% from 2012 to 2018. In terms of revenue, the market was valued at USD 4.0 billion in 2011, and is expected to reach USD 19.8 billion in 2018, growing at a CAGR of 16.5% from 2012 to 2018. Browse the full report at http://www.transparencymarketresearch.com/smart-meters-market.html Increasing smart meter penetration due to benefits such as prepayment facilities, fraud detection, peak consumption knowledge, and energy saving is expected to drive the market over the forecast period. Significant regulatory initiatives, especially in the European Union, are estimated to assist in a large number of smart meter rollouts in the coming years. In addition, growing awareness of the importance of ensuring energy efficiency by controlling electricity usage during peak hours is...