Smart Electricity Meter Market – Global Opportunities & Forecast, 2020-2027 - Gurgaon

The global smart electricity meter market report, published by GMI Research, provides extensive insight and analysis of the global smart electricity meter market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global smart electricity meter market. The research report also studies the competitive environment of the smart electricity meter market based on the company profiles and their efforts on increasing product value and production.

Leading Players in the Global Smart Electricity Meter Market

The notable players in the global smart electricity meter market include Itron Inc., Microchip Technology Inc., Jiangsu Linyang Energy Co. Ltd., Honeywell International Inc., Aclara Technologies LLC, Iskraemeco, d.d., The Benchmarking Company, Landis+Gyr (Toshiba Corporation), Wasion Group, and Schneider Electric, among others.

Key Drivers in the Global Smart Electricity Meter Market

The key drivers contributing to the growth of the smart electricity meter market size include the increasing requirement for efficient data monitoring systems and the rising number of favorable government policies to encourage the adoption of smart meter across the globe. With the accelerating number of incidences of unstable power generation, the consumers are actively looking for smart electricity meters to control the total energy consumption through different devices. Several nations such as the U.S. and the United Kingdom have launched numerous smart meter rollout schemes to promote the installation of these devices around the country. Furthermore, the growing cases of energy theft are encouraging the end-users to opt for smart meters to deal with fraudulent acts.

Visit: httpswww.gmiresearch.com/report/global-smart-electricity-meter-market/