Electric Submeter Market With Top Countries Data : Emerging Technology, Competitive Landscape, Regional Analysis, Key Players, Industry Size and Forecast to 2024
Global “Electric Submeter Market" Provides analysis and information according to market segments such as geography, technology classification and applications. Electric Submeter market report focuses on global and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc. Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this Electric Submeter Market report.
Final Report will add the analysis of the impact of COVID-19 on this Electric Submeter industry.
Short Description About Electric Submeter Market :
Electric Submeter is usually an electronic device that records consumption of electric, water, gas, heat energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing. It enables two-way communication between the meter and the central system. Unlike home energy monitors, it can gather data for remote reporting.
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The research covers the current Electric Submeter market size of the market and its growth rates based on 5-year records with company outline of Key players/manufacturers:
- Landis+Gyr
- Itron(Silver Spring Networks)
- GE Digital Energy
- Siemens
- Kamstrup
- Sensus
- Elster Group
- Aclara
- Sagemcom
- Leviton
- Echelon
- Nuri Telecom
- E-Mon
- Sanxing
- Linyang Electronics
- Wasion Group
- Haixing Electrical
- Techrise Electronics
- Chintim Instruments
- XJ Measurement & Control Meter
- Clou Electronics
- HND Electronics
- Longi
- Hengye Electronics
- Holley Metering
- Wellsun Electric Meter
- Sunrise
- Xiou International Group
- Pax Electronic Technlogy
Scope of the Electric Submeter Market Report:
Global giant manufactures mainly distributed in U.S. and E.U. The leading global players include Landis+Gyr (based in Switzerland but owned by Toshiba Corp. of Japan), GE Digital Energy (United States), Itron (United States), Aclara (United States), Honeywell (Elster Group and E-Mon), Sensus (United States) and Holley Metering (China).
The key consumption markets locate at APAC, which take a market share of about one half. North America takes the market share of 18.13%, followed by Europe with 17.66%. Asia Pacific’s consumption market has a fast growing speed.
We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a relatively strong curve due to the replacement of utility meters.
The worldwide market for Electric Submeter is expected to grow at a CAGR of roughly 4.8% over the next five years, will reach 9450 million US$ in 2024, from 7130 million US$ in 2019, according to a new Research study.
This report focuses on the Electric Submeter in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Report further studies the market development status and future Electric Submeter Market trend across the world. Also, it splits Electric Submeter market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.
Major Classifications are as follows:
- Current Transformer
- Rogowski Coil
- Other
Major Applications are as follows:
- Residential
- Commercial
- Industrial
The Electric Submeter Market Report Provides Answers to the following Key Questions:
- What will be the Electric Submeter market size and the growth rate in 2024?
- What are the main key factors driving the global Electric Submeter market?
- What are the key market trends impacting the growth of the global Electric Submeter market?
- Which Trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players and what are their strategies in the global Electric Submeter market?
- What are the market opportunities and threats faced by the vendors in the global Electric Submeter market?
- What industrial trends, drivers and challenges are manipulating its growth?
- What are the key outcomes of the five forces analysis of the global Electric Submeter market?
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