The smart meter market has witnessed approximately 134.5 million smart meter shipments worldwide in 2020 and is expected to reach 198.5 million units by 2026 and is expected to grow at an annual average of 6% over the forecast period (2021-2026). Smart grids are being implemented worldwide to improve the efficiency of power networks. Therefore, smart electricity meters, an essential element of the smart grid, are being adopted worldwide. Countries around the world are adopting emission control regulations to address the environmental impact of pollution.
A full report of Smart Meter Market is available at: https://www.orionmarketreports.com/smart-meters-market/31142/
Smart Meter Market Segmentation
By Product
• Smart Electric Meters
• Smart Water Meters
• Smart Gas Meters
By End Use
• Residential
• Commercial
• Industrial
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