The smart meter market has witnessed approximately 134.5 million smart meter shipments worldwide in 2020 and is expected to reach 19,853 million units by 2026, with an average annual growth rate of 6% over the forecast period (2021-2027). Is expected. Smart grids are being implemented worldwide to improve the efficiency of power networks. Therefore, smart […]
Tag Archives: Smart Electricity Meters Market Size
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 […]