Power Metering Market Worth $17.8 Billion by 2020

Jul 27, 2015, 12:00 ET from MarketsandMarkets

DALLAS, July 27, 2015 /PRNewswire/ --

The report "Power Metering Market by Application (Residential, Commercial & Industrial), by Phase, by Type (Smart, Digital, Analog, & Others), & by Region (North America, South America, the Middle East Africa, APAC, & Europe) - Global Trend & Forecast to 2020" published by MarketsandMarkets, defines, segments, analyzes, and forecasts the global Power Metering Market. It also identifies the driving and restraining factors of the Power Metering Market, with an analysis of trends, opportunities, burning issues, and winning imperatives.

Browse 96 market data tables and 52 figures spread through 208 pages and in-depth TOC on "Power Metering Market - Global Trend & Forecast to 2020" 

http://www.marketsandmarkets.com/Market-Reports/power-metering-market-135099363.html

Early buyers will receive 10% customization on this report. 

The market on the basis of region has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The Power Metering Market is projected to reach $17.8 Billion by 2020, at a CAGR of 8.9% from 2015 to 2020.

The market has been further segmented on the basis of major applications into residential application, commercial, and industrial.

Speak To Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=135099363

The Asia-Pacific Power Metering Market is expected to grow at a high rate in the next five years. 

Asia-Pacific is the largest market for power meters. The region, which has done fairly well in the past 10 years, accounted for around 45% of the total market share in 2014. The growth rate has scaled up due to an increase in construction spending, rise in industrial activities, and enhancement of the grid infrastructure of the region.

Residential Application - Major application for the Power Metering Market 

Power meters are categorized into three primarily segments, namely, residential, commercial, and industrial applications. The major market is captured by the residential application, which includes the utilization of meters in all households including urban and rural. The commercial application is the second major application which is utilized in various commercial places such as hospitals, schools, and shopping complexes among others. Increasing construction and industrial activities, along with the replacement market of old and technologically out dated meters is the key driver of the market.

Browse related reports 

Distribution Voltage Regulator Market by Type (Ferro resonant and Tap Switching), by End-Users (Commercial, Industrial, and Residential) & by Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa) - Global Trends & Forecast to 2019

http://www.marketsandmarkets.com/Market-Reports/distribution-voltage-regulator-market-109357455.html

Surge Protection Devices Market by device Type from 1 to 5, End User (Industrial, Commercial and Residential), & by Region (North and South Americas, Asia-Pacific, Europe, Middle East & Africa) - Global Forecast and Trends to 2019

http://www.marketsandmarkets.com/Market-Reports/surge-protection-device-market-89236426.html

About MarketsandMarkets  

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Subscribe Reports from Energy & Power Domain @ http://www.marketsandmarkets.com/Subscription.html

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power


SOURCE MarketsandMarkets