Market Overview:
The global network connections three phase electricity smart meter market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and intelligent devices, rising concerns over energy wastage, and growing investments in smart grid infrastructure across the globe. Based on type, the global network connections three phase electricity smart meter market is segmented into IC card and non-IC card. The IC card segment is expected to account for a larger share of the market in 2018 owing to its advantages such as enhanced security features, data storage capacity, and longer life span as compared to non-IC cards. Based on application, the global network connections three phase electricity smart meter market is segmented into commercial, industrial, and residential segments. The commercial segment accounted for a larger share of the overall market in 2017 due to increased adoption of advanced metering infrastructure (AMI) by utilities for better load management and revenue collection purposes.
Product Definition:
A network connection three phase electricity smart meter is a device that records and monitors energy usage for three-phase electrical systems. This type of smart meter is typically used in large businesses or industrial settings where there is a higher demand for electricity. The data collected by the network connection three phase electricity smart meter can be used to help businesses better manage their energy consumption and reduce costs.
IC Card:
An IC card is a smart card containing integrated circuits. The primary function of an IC card is to provide information regarding the energy usage and supply in buildings, electric vehicles or transportation systems. An IC Card can be used in various applications such as residential, commercial and industrial sectors for measuring electricity consumption. It helps consumers to monitor their daily electricity usage with ease by tracking the amount of power consumed through an electronic device connected to the home electrical network or through mobile devices while traveling abroad.
Non-IC Card:
Non-IC card is a smart device that works on the radio frequency identification technology. It is inserted in an electrical outlet to monitor and record electricity usage. The main function of non-IC card in network connections three phase electricity smart meter market is to connect with the server software which enables real time power usage information by connecting through wireless technology with mobile devices, computers or other outlets.
Application Insights:
The commercial application segment dominated the global network connections three phase electricity smart meter market in terms of revenue share in 2017. The growth can be attributed to the increasing penetration of these meters across hospitals, hotels, shopping malls and other commercial buildings. These meters measure and transmit data for usage patterns such as power consumption by appliances connected to the grid. This information is used by utility companies for planning purposes so that sufficient power generation units are available at any given time.
Industrial applications include manufacturing facilities, oil & gas installations, research laboratories and educational institutions among others where critical infrastructure protection is a major concern owing to their operations being highly dependent on electrical equipment functioning normally without failure or disruptions caused due to natural disasters such as earthquakes or floods etcetera which can potentially lead to significant losses & damages thereby impacting business operations negatively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing penetration of smart meters in China and India. In 2015, China had a total installed capacity of 17 GW for electricity generation from renewable sources, which is anticipated to increase significantly over the next few years. This has resulted in an increased demand for global network connections three phase electricity smart meter systems across this region as these devices are used for monitoring and data collection purposes.
North America accounted for a significant share in 2016 owing to early adoption by some states such as New Jersey.
Growth Factors:
- Increasing demand for electricity: The global population is growing at a rapid pace and the demand for electricity is increasing along with it. This will create opportunities for the Network Connections Three Phase Electricity Smart Meter market as more and more people will need to be connected to the grid.
- Rising awareness about energy conservation: There is an increasing awareness among consumers about the importance of conserving energy and using smart meters can help in this regard. This will create opportunities for growth in the Network Connections Three Phase Electricity Smart Meter market.
- Technological advancements: With technological advancements, there are new ways of measuring and managing energy consumption which can help improve efficiency and reduce wastage of energy resources. This will lead to growth in the Network Connections Three Phase Electricity Smart Meter market as more utilities adopt these technologies into their systems.. 4) Government initiatives towards smart grids: Governments around the world are promoting initiatives towards developing smart grids, which includes deploying smart meters across utility networks These government initiatives will spur growth in thNetwork Connections Three Phase Electricity Smart Meter market5) Growing investments by utilities: Utilities are investing heavily in upgrading their infrastructure, including installing smart meters across their networks This presents a major opportunity for growth in thNetwork ConnectionThreePhaseElectricitySmartMetermarket
Scope Of The Report
Report Attributes
Report Details
Report Title
Network Connections Three Phase Electricity Smart Meter Market Research Report
By Type
IC Card, Non-IC Card
By Application
Commercial, Industrial, Residential
By Companies
Landis+Gyr, Itron, Siemens, Kamstrup, Elster Group, Nuri Telecom, Sagemcom, Iskraemeco, ZIV, Sanxing, Linyang Electronics, Wasion Group, Haixing Electrical, XJ Measurement & Control Meter, Chintim Instruments, Clou Electronics, Holley Metering, HND Electronics, Longi, Banner, Sunrise
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Network Connections Three Phase Electricity Smart Meter Market Report Segments:
The global Network Connections Three Phase Electricity Smart Meter market is segmented on the basis of:
Types
IC Card, Non-IC Card
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Industrial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Landis+Gyr
- Itron
- Siemens
- Kamstrup
- Elster Group
- Nuri Telecom
- Sagemcom
- Iskraemeco
- ZIV
- Sanxing
- Linyang Electronics
- Wasion Group
- Haixing Electrical
- XJ Measurement & Control Meter
- Chintim Instruments
- Clou Electronics
- Holley Metering
- HND Electronics
- Longi
- Banner
- Sunrise
Highlights of The Network Connections Three Phase Electricity Smart Meter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- IC Card
- Non-IC Card
- By Application:
- Commercial
- Industrial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Network Connections Three Phase Electricity Smart Meter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Network Connections Three Phase Electricity Smart Meter is a meter that measures electricity consumption in your home. It uses sensors to detect when appliances are turned on and off, and can also measure the amount of energy used by each appliance. This information is then sent to the network connection three phase electricity smart meter for analysis.
Some of the major companies in the network connections three phase electricity smart meter market are Landis+Gyr, Itron, Siemens, Kamstrup, Elster Group, Nuri Telecom, Sagemcom, Iskraemeco, ZIV, Sanxing, Linyang Electronics, Wasion Group, Haixing Electrical, XJ Measurement & Control Meter, Chintim Instruments, Clou Electronics, Holley Metering, HND Electronics, Longi, Banner, Sunrise.
The network connections three phase electricity smart meter market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Network Connections Three Phase Electricity Smart Meter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Network Connections Three Phase Electricity Smart Meter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Network Connections Three Phase Electricity Smart Meter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Network Connections Three Phase Electricity Smart Meter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Network Connections Three Phase Electricity Smart Meter Market Size & Forecast, 2018-2028
4.5.1 Network Connections Three Phase Electricity Smart Meter Market Size and Y-o-Y Growth
4.5.2 Network Connections Three Phase Electricity Smart Meter Market Absolute $ Opportunity
Chapter 5 Global Network Connections Three Phase Electricity Smart Meter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Type
5.2.1 IC Card
5.2.2 Non-IC Card
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Network Connections Three Phase Electricity Smart Meter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Network Connections Three Phase Electricity Smart Meter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Network Connections Three Phase Electricity Smart Meter Analysis and Forecast
9.1 Introduction
9.2 North America Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Type
9.6.1 IC Card
9.6.2 Non-IC Card
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.10.3 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Network Connections Three Phase Electricity Smart Meter Analysis and Forecast
10.1 Introduction
10.2 Europe Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Type
10.6.1 IC Card
10.6.2 Non-IC Card
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.10.3 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Network Connections Three Phase Electricity Smart Meter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Type
11.6.1 IC Card
11.6.2 Non-IC Card
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.10.3 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Network Connections Three Phase Electricity Smart Meter Analysis and Forecast
12.1 Introduction
12.2 Latin America Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Type
12.6.1 IC Card
12.6.2 Non-IC Card
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.10.3 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Network Connections Three Phase Electricity Smart Meter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Type
13.6.1 IC Card
13.6.2 Non-IC Card
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Network Connections Three Phase Electricity Smart Meter Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.10.3 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Network Connections Three Phase Electricity Smart Meter Market: Competitive Dashboard
14.2 Global Network Connections Three Phase Electricity Smart Meter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Landis+Gyr
14.3.2 Itron
14.3.3 Siemens
14.3.4 Kamstrup
14.3.5 Elster Group
14.3.6 Nuri Telecom
14.3.7 Sagemcom
14.3.8 Iskraemeco
14.3.9 ZIV
14.3.10 Sanxing
14.3.11 Linyang Electronics
14.3.12 Wasion Group
14.3.13 Haixing Electrical
14.3.14 XJ Measurement & Control Meter
14.3.15 Chintim Instruments
14.3.16 Clou Electronics
14.3.17 Holley Metering
14.3.18 HND Electronics
14.3.19 Longi
14.3.20 Banner
14.3.21 Sunrise
