The Smart Electric Meter Market size has exceeded USD 9 billion in 2019 and is expected to grow by more than 5% per annum from 2021 to 2027. Continued industrialization and economic development and increasing urbanization will drive the market growth. Consumer interest has shifted to the adoption of advanced technologies as the standard of living has improved significantly due to the increase in per capita income. In addition, stringent government regulations on expanding existing grid infrastructure and reducing power theft will drive product demand.
A full report of Smart Electric Meter Market available at: https://www.orionmarketreports.com/smart-electricity-meters-market/48243/
Key Players
The prominent players in the global Smart Electric Meter Market include Siemens (Germany), Robert Bosch (Germany), Continental (Germany), Aisin Seiki (Japan), Schaeffler (Germany), BorgWarner (US), Infineon (Germany), UQM Technologies (US), Efficient Drivetrains (US), Shanghai Edrive (China) and SINOEV (US).
Smart Electric Meter Market- Segmentation
By Components
• Battery
• Motor generator
• Power electronics
• E-Brake booster
By Application
• E-Axle Market
• Wheel drive market
By Drive type
• Front wheel smart electric drive
• Rear wheel smart electric drive
• All wheel smart electric drive
By Battery type
• Lithium-ion
• Nickel-based
• Lead acid
• Solid state batter
By Vehicle type
• Passenger vehicle
• Commercial vehicle
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
