The Japan smart electric meter market is growing at a CAGR of approximately 11.7% during the forecast period. The key reason for the growth of the market is the increased adoption of electric grids and increasing per capita consumption in the nation. Japan possesses significant growth in the APAC smart electric meter market. According to USITC, Japan’s smart grid technology market in 2016 was approximately $7.5 billion and is expected to increase rapidly over the next five years. The country’s government is proactive towards energy and environment and had established the Energy-Environment Council to develop the policy response for switching away from nuclear power. The council issued a report, which focuses on the need of conservation measures, efficiency measures and supply side measures including the introduction of smart meters as well as electricity tariff systems.
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The market study of the Japan Smart Electric Meter market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Japan Smart electric meter Market by Communication Technology
- Power Line Communication
- Cellular
- Radio Frequency
Japan Smart electric meter Market by Phase
- Single Phase
- Three Phase
Japan Smart electric meter Market by Application
- Residential
- Commercial
- Industrial
Company Profiles
- Aclara Technologies LLC
- Elster Group
- Landis+Gyr AG
- Schneider Electric SE
- Sensus, a Xylem brand
- Siemens AG
- Toshiba Corp.
- Wasion Group
The Report Covers
- Comprehensive research methodology of the Japan Smart Electric Meter market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Japan Smart Electric Meter market.
- Insights about market determinants which are stimulating the Japan Smart Electric Meter market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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