Market Overview:
The global non-network connections three phase electricity smart meter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy efficiency and modernization of electrical grids across the globe. Additionally, the growing awareness about benefits of using smart meters is also propelling the growth of this market. The global non-network connections three phase electricity smart meter market can be segmented on the basis of type into IC card and non-IC card. The IC card segment is expected to hold a larger share in terms of revenue in 2018 as compared to that for non-IC cards, owing to its advantages such as secure data transmission, tamper resistance, and low power consumption over traditional meters. On the basis of application, commercial sector is anticipated to account for a larger share in terms revenue in 2018 as compared with industrial and residential sectors respectively; however, industrial sector is projected register highest CAGR during forecast period due rising concerns pertaining energy wastage by industries globally . Regionally North America accounted largest revenue generating region followed by Europe & Asia Pacific respectively while MEA region are projected witness highest CAGR over next 10 years .
Product Definition:
A three-phase electricity smart meter measures the amount of energy used by a customer in three phases: line, load (or kVA), and power factor. The meter can also measure voltage, current, and frequency. A non-network connection three phase electricity smart meter is a type of smart meter that does not require a network connection to function. Non-network connection meters are often used in remote or rural areas where there is no broadband or cellular service available.
IC Card:
An IC card is a small circuit that contains an integrated circuit and it is inserted in the plastic or metal of utility bills, health care cards, transit cards, parking meters and some other smart cards. The three-phase electricity smart meter uses IC card technology to communicate with the utility billing system.
Non-IC Card:
Non-IC card and its usage in non-network connections three phase electricity smart meter is a device that helps to measure the power consumption of residential or commercial customers. It works on the principle of electromagnetic induction between the smart meter and an antenna which converts electrical energy into magnetic energy. The magnetic field further creates an electric current in a coil attached to the smart meter thereby measuring power usage.
Application Insights:
The commercial application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth over the forecast period. The growing demand for electricity due to rapid urbanization, increasing number of electrical appliances, rising consumer spending capacity and changing lifestyles is anticipated to drive the product demand in this segment.
The industrial application segment was valued at USD 1,252.5 million in 2017 owing to high product adoption across oil & gas refineries as well as chemical plants across various regions including Asia Pacific and Middle East & Africa on account of its benefits such as energy efficiency, reduced power consumption resulting in lower operational costs which ultimately results in lowering prices charged by utilities thereby making it more attractive for industry players operating on a profit-making basis.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness about electricity consumption, rising investments in renewable energy, and government initiatives. For instance, China has implemented a feed-in tariff for solar photovoltaic systems which is anticipated to drive demand for three phase non-network connections smart meters in commercial and industrial sectors of the country. Europe accounted for more than 25% of global revenue share in 2017 owing to high penetration rate of non-network connected electricity smart meters across several countries such as Germany and Italy. North America region also contributed significantly towards industry growth due to early adoption by U.S.
Growth Factors:
- Increasing demand for electricity from residential and commercial sectors
- Growing awareness about the benefits of smart meters among consumers
- Favorable government policies and regulations for the deployment of smart meters
- Rising investments in smart grid infrastructure by utilities and governments
- Proliferation of digital technologies and big data analytics
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Non-Network Connections Three Phase Electricity Smart Meter Market Report Segments:
The global Non-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 Non-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 Non-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 Non-Network Connections Three Phase Electricity Smart Meter is a meter that measures electricity consumption in your home or office using three phase power. This type of meter can be installed by your utility company, and it will allow you to see how much electricity you are using each month.
Some of the key players operating in the non-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 non-network connections three phase electricity smart meter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Non-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 Non-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 Non-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 Non-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 Non-Network Connections Three Phase Electricity Smart Meter Market Size & Forecast, 2018-2028
4.5.1 Non-Network Connections Three Phase Electricity Smart Meter Market Size and Y-o-Y Growth
4.5.2 Non-Network Connections Three Phase Electricity Smart Meter Market Absolute $ Opportunity
Chapter 5 Global Non-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 Non-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 Non-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 Non-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 Non-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 Non-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 Non-Network Connections Three Phase Electricity Smart Meter Analysis and Forecast
9.1 Introduction
9.2 North America Non-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 Non-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 Non-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 Non-Network Connections Three Phase Electricity Smart Meter Analysis and Forecast
10.1 Introduction
10.2 Europe Non-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 Non-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 Non-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 Non-Network Connections Three Phase Electricity Smart Meter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Non-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 Non-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 Non-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 Non-Network Connections Three Phase Electricity Smart Meter Analysis and Forecast
12.1 Introduction
12.2 Latin America Non-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 Non-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 Non-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) Non-Network Connections Three Phase Electricity Smart Meter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Non-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) Non-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) Non-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 Non-Network Connections Three Phase Electricity Smart Meter Market: Competitive Dashboard
14.2 Global Non-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
