Market Overview:
The global industrial IC card 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 reliable electricity meters across the globe. In addition, the growing awareness about energy conservation is also propelling the demand for industrial IC card electricity smart meters. Based on type, the global industrial IC card electricity smart meter market can be segmented into single phase and three phase meters. Single phase meters are more popular than three phase meters and are expected to dominate the market during the forecast period.
Product Definition:
An industrial IC card electricity smart meter is a type of electric meter that uses integrated circuit (IC) cards to measure and record electricity usage. These meters are used in industrial and commercial settings to track energy usage and billing.
Single Phase:
Single-phase electricity smart meter is a device that measures the power used by an electrical appliance and displays the information on a digital readout. It has an inbuilt mechanism to convert the AC power to DC power for operating electronic appliances. The single-phase electricity smart meter industry is expected to witness significant growth over the forecast period owing to its increasing use in residential and commercial applications, such as hospitals, hotels, shopping malls, offices buildings among others.
Three Phase:
The three phase system is used to derive the power for various industrial applications. It's a kind of electric power system which uses three-phase electric current and it has high load factor characteristics. The Three Phase System (TPS) card electricity smart meter market is expected to witness significant growth over the forecast period owing to increasing demand for automation in industries such as oil & gas, chemical, pulp & paper and food processing industry.
Application Insights:
The network connections segment dominated the overall market in terms of revenue share in 2016. The non-network connections include appliances and other consumer electronics that connect to the grid. An increasing number of consumers are installing these meters for their energy consumption as well as to monitor and bill their usage through an electricity account. This is expected to drive demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 38% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing penetration of electricity smart meters in China and Japan. In addition, favorable government regulations aimed at reducing energy consumption are expected to drive demand for industrial ICT cards across various industries including manufacturing, oil & gas and others.
The European market was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for electricity smart meters from residential and commercial sectors
- Rising concerns over energy conservation and climate change
- Government initiatives to promote the installation of electricity smart meters
- Technological advancements in smart meter technology
- Growing demand for advanced metering infrastructure (AMI)
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial IC Card Electricity Smart Meter Market Research Report
By Type
Single Phase, Three Phase
By Application
Network Connections, Non-network Connections
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Industrial IC Card Electricity Smart Meter Market Report Segments:
The global Industrial IC Card Electricity Smart Meter market is segmented on the basis of:
Types
Single Phase, Three Phase
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
Network Connections, Non-network Connections
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 Industrial IC Card 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:
- Single Phase
- Three Phase
- By Application:
- Network Connections
- Non-network Connections
- 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 Industrial IC Card 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?
An industrial IC card electricity smart meter is a type of electrical meter that can be used to measure the amount of electricity used by an industrial or commercial facility. These meters typically use advanced technology to track and report on energy usage in real-time, making them an important tool for monitoring energy consumption and reducing costs.
Some of the major players in the industrial ic card 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 industrial ic card electricity smart meter market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial IC Card Electricity Smart Meter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial IC Card Electricity Smart Meter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial IC Card Electricity Smart Meter Market - Supply Chain
4.5. Global Industrial IC Card Electricity Smart Meter Market Forecast
4.5.1. Industrial IC Card Electricity Smart Meter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial IC Card Electricity Smart Meter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial IC Card Electricity Smart Meter Market Absolute $ Opportunity
5. Global Industrial IC Card Electricity Smart Meter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Type
5.3.1. Single Phase
5.3.2. Three Phase
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial IC Card Electricity Smart Meter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Application
6.3.1. Network Connections
6.3.2. Non-network Connections
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial IC Card Electricity Smart Meter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial IC Card Electricity Smart Meter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial IC Card Electricity Smart Meter Demand Share Forecast, 2019-2026
9. North America Industrial IC Card Electricity Smart Meter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Application
9.4.1. Network Connections
9.4.2. Non-network Connections
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Type
9.7.1. Single Phase
9.7.2. Three Phase
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial IC Card Electricity Smart Meter Demand Share Forecast, 2019-2026
10. Latin America Industrial IC Card Electricity Smart Meter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Application
10.4.1. Network Connections
10.4.2. Non-network Connections
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Type
10.7.1. Single Phase
10.7.2. Three Phase
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial IC Card Electricity Smart Meter Demand Share Forecast, 2019-2026
11. Europe Industrial IC Card Electricity Smart Meter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Application
11.4.1. Network Connections
11.4.2. Non-network Connections
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Type
11.7.1. Single Phase
11.7.2. Three Phase
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial IC Card Electricity Smart Meter Demand Share, 2019-2026
12. Asia Pacific Industrial IC Card Electricity Smart Meter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Application
12.4.1. Network Connections
12.4.2. Non-network Connections
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Type
12.7.1. Single Phase
12.7.2. Three Phase
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial IC Card Electricity Smart Meter Demand Share, 2019-2026
13. Middle East & Africa Industrial IC Card Electricity Smart Meter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial IC Card Electricity Smart Meter Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Application
13.4.1. Network Connections
13.4.2. Non-network Connections
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial IC Card Electricity Smart Meter Market Size and Volume Forecast by Type
13.7.1. Single Phase
13.7.2. Three Phase
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial IC Card Electricity Smart Meter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial IC Card Electricity Smart Meter Market: Market Share Analysis
14.2. Industrial IC Card Electricity Smart Meter Distributors and Customers
14.3. Industrial IC Card Electricity Smart Meter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Landis+Gyr
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Itron
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kamstrup
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Elster Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nuri Telecom
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sagemcom
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Iskraemeco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ZIV
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sanxing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Linyang Electronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Wasion Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Haixing Electrical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. XJ Measurement & Control Meter
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Chintim Instruments
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Clou Electronics
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Holley Metering
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. HND Electronics
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Longi
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Banner
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
