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Residential RF Smart Electric Meter Market Share

Report ID: GMI11404
Published Date: Sep 2024
Report Format: PDF

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Residential RF Smart Electric Meter Market Share

Companies such as Schneider Electric, Itron Inc, and Siemens hold a substantial market share in the Residential RF smart electric meter industry. Their extensive experience, strong technological capabilities, and comprehensive product portfolios enable them to offer advanced, integrated solutions. These solutions include smart meters, grid management systems, and data analytics tools, catering to a wide range of customer needs.

Residential RF Smart Electric Meter Market Companies

Advanced Electronics Company (AEC)
Aclara Technologies LLC
Apator SA
Cisco Systems, Inc.
Circutor
CyanConnode
General Electric
Honeywell International Inc.
Iskraemeco Group
Itron Inc.
Kamstrup
Larsen & Toubro Limited
Mitsubishi Electric Corporation
Osaki Electric Co., Ltd.
Sensus
Schneider Electric
Siemens
Trinity Energy Systems Pvt. Ltd.

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market size of residential RF smart electric meter was worth over USD 4.2 billion in 2023 and will register a 10.1% CAGR from 2024 to 2032, driven by advancements in technology and increasing consumer demand for energy efficiency.

The single-family segment is expected to cross USD 6.2 billion by 2032 since the single-family homeowners are increasingly investing in smart home technologies, including RF smart meters, to enhance energy efficiency and automation.

Asia Pacific Residential RF smart electric meter market is anticipated to surpass USD 6 billion by 2032, catapulted by rapid urbanization and population growth.

Cisco Systems, Inc., Ciructor, CyanConnode, General Electric, Honeywell International Inc., and Iskraemeco Group, among others.