The Germany smart electric meter market is estimated to grow at a CAGR of approximately 8.9% during the forecast period. The major reason for the growth of the market is the adoption of electric grids and increasing per capita consumption in the nation. Germany smart electric meter market is mainly driven by supported government initiatives for energy conservation and efficient electricity grid development. The National Energy Efficiency Action Plan in 2016 (Federal Ministry for Economic Affairs and Energy, Germany, 2017) launched a national initiative for residential appliances. The action plan aims to reduce primary energy demand, increase renewable energy supply and improve overall system efficiency.
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The market study of the Germany 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
Germany Smart electric meter Market by Communication Technology
- Power Line Communication
- Cellular
- Radio Frequency
Germany Smart electric meter Market by Phase
- Single Phase
- Three Phase
Germany Smart electric meter Market by Application
- Residential
- Commercial
- Industrial
Company Profiles
- Aclara Technologies LLC
- Elster Group
- Itron Inc.
- Landis+Gyr AG
- Sagemcom Broadband SAS
- Schneider Electric SE
- Sensus
- Siemens AG
- Silver Spring Networks Inc.
- Toshiba Corp.
The Report Covers
- Comprehensive research methodology of the Germany 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 Germany Smart Electric Meter market.
- Insights about market determinants which are stimulating the Germany 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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