The global smart electricity meter market is expected to witness a CAGR of -2 % over the forecast period 2021 – 2027. Smart meters deployment has enabled the implementation of a Home Energy Management System (HEMS) or Building Energy Management System (BEMS) that allows visualization of the electric power usage in individual homes or entire buildings.
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The key industry participants in the market include ABB; GENERAL ELECTRIC; Holley Technology LTD.; Elster Group GmbH; Iskraemeco d.d.; Itron Inc.; Landis+Gyr; Schneider Electric, Inc.; and Siemens.
Smart Electricity Meters Market Segments:
By Phase
• Single
• Three
By Communication Technology Type
• Power Line Communication (PLC)
• Radio Frequency (RF)
• Cellular
By End-Users
• Industrial
• Commercial
• Residential
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)