Market Analysis and Insights: Global Prepaid Electricity Meter Market

Due to the COVID-19 pandemic, the global Prepaid Electricity Meter market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Single-phase Smart Meter accounting for % of the Prepaid Electricity Meter global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential Application segment is altered to an % CAGR throughout this forecast period.

North America Prepaid Electricity Meter market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

The global major manufacturers of Prepaid Electricity Meter include Owen Brothers Metering UK Ltd, Zhejiang Yongtailong Electronic co.,Ltd., Challenge Industrial Co., Ltd., Ningbo YOUWIN Smart Meter Co., Ltd, Landys+Gyr, Goldcard Smart Group Co., Ltd., SUNTRONT, Wasion Group and Shenzhen Star Instrument Co., Ltd., etc. In terms of revenue, the global 3 largest players have a % market share of Prepaid Electricity Meter in 2021.

Global Prepaid Electricity Meter Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Prepaid Electricity Meter Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


Single-phase Smart Meter

Three-phase Smart Meter


Segment by Application


Residential Application

Commercial Application

Industrial Application


By Company


Owen Brothers Metering UK Ltd

Zhejiang Yongtailong Electronic co.,Ltd.

Challenge Industrial Co., Ltd.

Ningbo YOUWIN Smart Meter Co., Ltd

Landys+Gyr

Goldcard Smart Group Co., Ltd.

SUNTRONT

Wasion Group

Shenzhen Star Instrument Co., Ltd.

ZENNER International

Kamstrup

LAISON

LUNA


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina