Global Meter Data Management System Market is valued at approximately USD 168 million in 2017 and is anticipated to grow with a healthy growth rate of more than 20.1 % over the forecast period 2018-2025. The advent of smart meters and smart infrastructure is considered as a major growth trend for the global meter data management system market.
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Key drivers for the meter data management system market are growing adoption of advanced metering technology, progressing deployment of smart meters, increasing volume of meter data coupled with demand for grid reliability and outage management. Adoption of advance metering technologies facilitates monitoring and measuring the consumers information. AMI adoption offers operational and financial benefits and eliminates the requirement of on-site meter reading, improves energy theft detection and response to power outages. It also brings financial gains to utility, gas and water companies through reduction in maintenance and equipment costs.
It is an integrated system of communication, smart meters and data management systems that enables communication between customers and utilities. For instance, as per the U.S. Energy Information Administration, in 2016 U.S. electric utilities has installed about 71 million advanced metering infrastructure smart meters representing about 47% of the electricity consumers in the United States. Similarly, the government of India sanctioned about 12 smart grid projects in 2019 involves the implementation of advanced metering infrastructure. Thus, adoption of advance metering infrastructure is supplementing the adoption & growth of meter data management system market. Furthermore, smart city initiatives by emerging economies is expected to create lucrative growth prospects of the meter data management system market across the globe. However, lack of standards and threat of cyber security and vulnerability act as a key restraint for the market during the forecast period.
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No of Pages: 200
Global Meter Data Management System market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the TOP PLAYERS including
• Honeywell
• Abb
• Siemens
• Schneider Electric
• Itron
• Landis+Gyr
• …
This report provides:
1) An overview of the global market for Meter Data Management System Market and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2025.
3) Identifications of new market opportunities and targeted promotional plans for Meter Data Management System Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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Market Segments:
The global Meter Data Management System market is segmented on the basis of type of product, application, and region. The analysts authoring the report provide a meticulous evaluation of all of the segments included in the report. The segments are studied keeping in view their market share, revenue, market growth rate, and other vital factors. The segmentation study equips interested parties to identify high-growth portions of the global Meter Data Management System market and understand how the leading segments could grow during the forecast period.
By Component
Software
Hardware
By Utility
Electricity
Gas
water
By Application:
smart grid
Microgrid
Energy storage
EV charging
Others
By End-user:
Residential
Commercial & industrial
List of Tables
TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL METER DATA MANAGEMENT SYSTEM MARKET
TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL METER DATA MANAGEMENT SYSTEM MARKET
TABLE 3. GLOBAL METER DATA MANAGEMENT SYSTEM MARKET, REPORT SCOPE
TABLE 4. YEARS CONSIDERED FOR THE STUDY
TABLE 5. EXCHANGE RATES CONSIDERED
TABLE 6. GLOBAL METER DATA MANAGEMENT SYSTEM MARKET ESTIMATES & FORECASTS BY REGION 2015-2025 (USD BILLION)
TABLE 7. GLOBAL METER DATA MANAGEMENT SYSTEM MARKET ESTIMATES & FORECASTS BY UTILITY 2015-2025 (USD BILLION)
TABLE 8. GLOBAL METER DATA MANAGEMENT SYSTEM MARKET ESTIMATES & FORECASTS BY APPLICATION 2015-2025 (USD BILLION)
TABLE 9. GLOBAL METER DATA MANAGEMENT SYSTEM MARKET ESTIMATES & FORECASTS BY COMPONENT 2015-2025 (USD BILLION)
TABLE 10. GLOBAL METER DATA MANAGEMENT SYSTEM MARKET ESTIMATES & FORECASTS BY TYPE 2015-2025 (USD BILLION)
TABLE 11. GLOBAL METER DATA MANAGEMENT SYSTEM MARKET ESTIMATES & FORECASTS BY DELIVERY MODE 2015-2025 (USD BILLION)
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