US smart meters market is projected to grow at a CAGR of 5.5% during the forecast period. The presence of several programs making contributions to the development of advanced metering infrastructure is supporting the growth of the smart meter industry in the US. For instance, the American Recovery and Reinvestment Act of 2009 (ARRA), which […]
Category Archives: ELectronics & Semiconductor
The North American smart meters market is projected to grow at a CAGR of 5.6% during the forecast period. The market is mainly driven due to the significant adoption of the smart utility infrastructure in the US and Canada. Moreover, the government of Canada has enforced strict regulations and legislative mandates in order to preserve […]
The global FM broadcast transmitter market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The international broadcasting transmitter market is fuelled by the developing broadcasting industry. Furthermore, the full-size use of broadcasting transmitters in communication devices, cell electronics, walkie-talkies, and navigational beacons, among others are expected to boost the market […]
The North American smart meters market is projected to grow at a CAGR of 5.6% during the forecast period. The market is mainly driven due to the significant adoption of the smart utility infrastructure in the US and Canada. Moreover, the government of Canada has enforced strict regulations and legislative mandates in order to preserve […]
Indian smart meters market is projected to grow at a CAGR of 8.3% during the forecast period. India presents a lucrative opportunity for the growth of the smart meters industry. Increasing investment in India coupled with the increasing installation of smart meters by the government in the country tends to drive the growth of the […]
European smart meters market is projected to grow at a CAGR of 5.8% during the forecast period. The major factor that propels the growth of the market includes the rising demand for smart utility solutions over conventional solutions in the region. The 2009 Gas Directive requires member states to carry out a cost-benefit analysis (CBA) […]
Asia-Pacific smart meters market is projected to grow at a CAGR of 7.5% during the forecast period. The major factors contributing to the growth of the market include the rising smart city projects and partnerships for the development of smart meters in the region. As per the data published by the German Asia-Pacific Business Association […]
The US electric enclosure market is estimated to grow at a CAGR of 4.6% during the forecast period. Rising industrialization is one of the key factors accelerating the adoption of electric enclosures in the country. The US manufacturers are considered as one of the major adopters of Industry 4.0. Owing to the early adoption of trending technologies, […]
UK electric enclosure market is estimated to grow at a CAGR of 4.7% during the forecast period. The growing renewable energy sector is one of the major factors contributing to market growth. As per the UK Government, renewables’ share of electricity generation (hydro, solar, wind, and other renewables) rose to a record 47.0% in the first […]
North American electric enclosure market is estimated to grow at a CAGR of 4.4% during the forecast period. As per the National Association of Manufacturers (NAM), manufacturers in the US represent 11.4% of the total output in the economy, which employs 8.5% of the workforce. In 2018, the total output from manufacturing was $2,334.6 billion. Additionally, […]