North American smart electric market is predicted to grow at a CAGR of around 9.8% during the forecast period. North America will be the major revenue contributor in the global smart electricity market during the forecast period. Major factors that are responsible for the market growth include favorable government initiatives, upcoming smart grid projects, and strict norms for energy saving in the region. The US leads the smart electricity meter market due to the strong presence of RF technologies, followed by Canada. Radio Frequency (RF) mesh and Zigbee are the two most popular technologies for North American utilities and their smart meter plans. RF mesh technology is deployed either by smart meter makers such as Landis+Gyr, Itron and Elster or are added by technology providers including Trilliant and Silver Spring Networks. Sensus, a xylum brand based in the US provide smart meters, build on tower-based smart meter communication. The company also has about seven million meters under contract and has more than one million endpoints installed for Southern Co.
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Industry forecasting is performed to present in-depth understanding of industry tactics. A clear picture on current and upcoming market happenings are provided in this report. Critical factors are highlighted in this North American Smart Electric Meter Market study report for enabling business owners take important decision making in terms of decide on the right business doing ideas. Moreover, it aims at offering forthcoming improvements, market restraints and market drivers for the forecast period 2022-2028. It assists novel firms to retain their place in the market. Prioritized market info is discussed through this detailed North American Smart Electric Meter Market
This Market report predicts novel product introduction will bring drop in sales or growth in sales. Such an illustrative North American Smart Electric Meter Market report enables major firm to stay reorganized on the most current trends and offers best idea about overall demand for particular product offering. Through this global report, it is also possible to acquire a competitive edge. All the COVID-19 related information is covered in this North American Smart Electric Meter Market study report along with its major impact of globe’s major firms. It makes easy the work of key players and enables to take data-driven and beneficial decision in terms of making best investments, which techniques to apply and marketing budget of different products. It has many advantages to provide for available or novel services, product and brands. Methodologies captured in this market study report enable central participants to attain the best results to the specific business aims as well as challenges. Getting fast customer feedback is easy with this market study report.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
North American Smart electric meter Market by Communication Technology
- Power Line Communication
- Cellular
- Radio Frequency
North American Smart electric meter Market by Phase
- Single Phase
- Three Phase
North American Smart electric meter Market by Application
- Residential
- Commercial
- Industrial
Regional Analysis
- United States
- Canada
Company Profiles
- Aclara Technologies LLC
- Echelon Corp.
- Elster Group
- Itron Inc.
- Landis+Gyr AG
- Schneider Electric SE
- Sensus
- Siemens AG
- Silver Spring Networks Inc.
- Toshiba Corp.
The Report Covers
- Comprehensive research methodology of the North American Smart Electric Meter market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American Smart Electric Meter market.
- Insights about market determinants which are stimulating the North American Smart Electric Meter market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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