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Residential Smart Electric Meter Market Trends

Report ID: GMI8330
Published Date: Feb 2024
Report Format: PDF

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Residential Smart Electric Meter Market Trends

The residential smart electric meter industry is witnessing substantial growth owing to the increased focus on energy efficiency and sustainability. Advancements in technology, including IoT integration and data analytics, are enhancing meter capabilities for better consumer insights and grid management. Regulatory mandates and incentives are driving widespread adoption. In addition, there's a growing emphasis on interoperability and cybersecurity to ensure seamless integration and protect consumer data.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of ophthalmic eye dropper reached USD 13.3 billion in 2023 and is set to witness 6.3% CAGR between 2024 and 2032, led by the rising prevalence of various eye disorders globally.

Preserved multi-dose ophthalmic eye dropper segment generated USD 6.4 billion in revenue in 2023, owing to growing preference as they have a longer shelf life compared to preservative-free single-dose units.

North America market size was USD 5.4 billion in 2023, due to the presence of a large aging population susceptible to age-related eye conditions.

Some of the leading firms engaged in the market are AbbVie Inc., Alcon plc, AptarGroup, Inc., Bausch & Lomb Incorporated, Novartis AG, PanOptica, Inc., Pfizer Inc, Sager Pharma Kft, Silgan Dispensing Systems LLC, and Similasan Corp.