Published by mark itwired
Posted on September 14, 2021
10 min readLast updated: February 10, 2026
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In the current market scenario, prominent manufacturers are focusing on R&D activities for developing smart sub-meters in order to cater to several applications. Smart sub-meters help reduce electrical leakages and power cuts, and provide accurate consumption data to customers.
Global value of the electric sub-meter market was US$ 9.7 Bn in 2019, and is projected to follow a stable growth curve during the forecast period of 2020-2030.
Visit For Sample>>https://www.futuremarketinsights.com/reports/sample/rep-gb-4573
“Manufacturers in emerging markets such as India and ASEAN countries are entering into supply agreements through tenders and new orders. Replacement of conventional electric sub-meters with novel smart sub-meters is expected to remain the key growth driver of the electric sub-meter market. In addition, manufactures are investing heavily in R&D activities in order to provide tech-driven smart electric sub-meters at comparatively lower prices, without compromising on quality.”
Players active in the electrical sub-meter market covered in this research study are ABB, OSAKI ELECTRIC CO., LTD., Schneider Electric, Honeywell International, Landis+Gyr, General Electric, Itron Inc., Siemens AG, Xylem Inc., and Mitsubishi Electric Corporation. These key participants are looking to expand their footprints by acquiring regional manufacturers in the electrical sub-meter market.
Moreover, the global electric sub-meter market is fairly fragmented, with the presence of global as well as regional manufacturers. Market competition is anticipated to intensify due to strategic mergers & acquisitions by global market players to reinforce their business presence across continents.
Governments in countries such as Indonesia and Vietnam are walking the extra mile to enable proper electrification across their nations, and, as such, intensifying the competitive ratio in the market. Regional players in the electric sub-meter market are working towards innovating their product portfolios and reducing operational costs to provide products at lower prices.
For any queries linked with the report, ask an analyst >> https://www.futuremarketinsights.com/ask-question/rep-gb-4573
FMI, in its new market research study, offers an unbiased analysis of the electric sub-meter market, which comprises global industry analysis of 2015–2019 and opportunity assessment for 2020–2030. The report offers complete analysis on the global electric sub-meter market through four different categories –product, phase, application and region. The global electric sub-meter market study provides information of pricing by different life cycle analysis, product life cycle, key market trends, and technologies that are being implemented in the production of electric sub-meters, and product adoption in varied end-use industries.
The post Electric Sub-meter Market 2021 Observational Studies by Top Companies & Forecast by 2030 | Itron Inc Landis+Gyr, Xylem Inc. Schneider Electric General Electric first appeared on Market Research Blog.
In the current market scenario, prominent manufacturers are focusing on R&D activities for developing smart sub-meters in order to cater to several applications. Smart sub-meters help reduce electrical leakages and power cuts, and provide accurate consumption data to customers.
Global value of the electric sub-meter market was US$ 9.7 Bn in 2019, and is projected to follow a stable growth curve during the forecast period of 2020-2030.
Visit For Sample>>https://www.futuremarketinsights.com/reports/sample/rep-gb-4573
“Manufacturers in emerging markets such as India and ASEAN countries are entering into supply agreements through tenders and new orders. Replacement of conventional electric sub-meters with novel smart sub-meters is expected to remain the key growth driver of the electric sub-meter market. In addition, manufactures are investing heavily in R&D activities in order to provide tech-driven smart electric sub-meters at comparatively lower prices, without compromising on quality.”
Players active in the electrical sub-meter market covered in this research study are ABB, OSAKI ELECTRIC CO., LTD., Schneider Electric, Honeywell International, Landis+Gyr, General Electric, Itron Inc., Siemens AG, Xylem Inc., and Mitsubishi Electric Corporation. These key participants are looking to expand their footprints by acquiring regional manufacturers in the electrical sub-meter market.
Moreover, the global electric sub-meter market is fairly fragmented, with the presence of global as well as regional manufacturers. Market competition is anticipated to intensify due to strategic mergers & acquisitions by global market players to reinforce their business presence across continents.
Governments in countries such as Indonesia and Vietnam are walking the extra mile to enable proper electrification across their nations, and, as such, intensifying the competitive ratio in the market. Regional players in the electric sub-meter market are working towards innovating their product portfolios and reducing operational costs to provide products at lower prices.
For any queries linked with the report, ask an analyst >> https://www.futuremarketinsights.com/ask-question/rep-gb-4573
FMI, in its new market research study, offers an unbiased analysis of the electric sub-meter market, which comprises global industry analysis of 2015–2019 and opportunity assessment for 2020–2030. The report offers complete analysis on the global electric sub-meter market through four different categories –product, phase, application and region. The global electric sub-meter market study provides information of pricing by different life cycle analysis, product life cycle, key market trends, and technologies that are being implemented in the production of electric sub-meters, and product adoption in varied end-use industries.
The post Electric Sub-meter Market 2021 Observational Studies by Top Companies & Forecast by 2030 | Itron Inc Landis+Gyr, Xylem Inc. Schneider Electric General Electric first appeared on Market Research Blog.
A smart sub-meter is an advanced device that measures electricity consumption accurately, helps reduce electrical leakages, and provides real-time data to customers.
The electric sub-meter market refers to the industry involved in the manufacturing, distribution, and installation of devices that measure electricity usage for billing and monitoring purposes.
Smart sub-meters offer benefits such as accurate consumption data, reduced energy waste, and enhanced monitoring capabilities, contributing to energy efficiency.
The COVID-19 pandemic has disrupted manufacturing and supply chains, leading to delays and reduced production capacity in various sectors, including electric sub-meters.
Research and development (R&D) in the electric sub-meter market focuses on creating innovative technologies and improving existing products to meet growing consumer demands.
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