Global Electricity Meters Market (Smart Meters) for Residential, Commercial and Industrial Applications - Analysis, Size, Share, Growth, Trends and Forecast by 2018

Albany, NY -- (SBWIRE) -- 11/27/2015 -- Favorable regulatory conditions are expected to aid in increasing smart meter rollouts over the next few years. Initiatives from governments, other regulatory organizations, as well as electricity utility companies are expected to drive the market over the forecast period. Mandates are set by these legislative bodies in order to prevent energy theft, ensure secure electricity supply, and monitor and control power consumption in households, as well as commercial and industrial locations. Moreover, in countries such as China, there has been significant activity toward up gradation of meters, distribution networks, transmission systems, and generating capabilities and this is aiding the growth of smart meters. Additionally, the high degree of energy efficiency provided by smart electricity meters is expected to positively impact the industry.