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The Europe Smart Electricity Meter Market would witness market growth of 5.4% CAGR during the forecast period (2017 - 2023). The deployment of smart electricity meters helps domestic customers to utilize different kinds of benefits, such as enabling the reduction of peak purchases, on time demand response, and direct load control. These factors would have downward pressure on energy prices in the spot markets, potentially lowering carbon emissions through the integration of cleaner distributed generation, offsetting the need for new generation through Transmission & Distribution (T&D) capacity, and reducing the domestic usage.
Robust electricity meters with flexibility are occupational requisites within the commercial domain. Growth in this domain is due to regulatory, administrative frameworks and growing awareness about the need to reduce energy consumption and associated expenses. Based on End User, the Smart Electricity Meter market segments the market into Residential, Commercial, and Industrial.
Based on Countries, the Smart Electricity Meter market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the Europe Smart Electricity Meter Market. Key companies profiled in the report include Anixter Inc., Belden Inc., Commscope, Inc., Corning Incorporated, Furukawa Electric Co., Ltd., General Cable, Legrand S.A., Nexans S.A., Schneider Electric SE, and The Siemon Company.