Global Remote Meter Reading Market Growth (Status and Outlook) 2024-2030
Remote meter reading is an intelligent collection system for wireless water, electricity, and gas meters used in residential areas or other areas. It realizes remote intelligent meter reading of public facilities such as electricity meters, water meters, and gas meters. The system uses wireless communication technologies, such as GPRS, radio, etc., to collect, transmit and process instrument readings, thereby achieving real-time monitoring and management of energy use.
The global Remote Meter Reading market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
ReportPrime's newest research report, the “Remote Meter Reading Industry Forecast” looks at past sales and reviews total world Remote Meter Reading sales in 2022, providing a comprehensive analysis by region and market sector of projected Remote Meter Reading sales for 2023 through 2029. With Remote Meter Reading sales broken down by region, market sector, and sub-sector, this report provides a detailed analysis in US$ millions of the world Remote Meter Reading industry.
This Insight Report provides a comprehensive analysis of the global Remote Meter Reading landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Remote Meter Reading portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Remote Meter Reading market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Remote Meter Reading and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Remote Meter Reading.
United States market for Remote Meter Reading is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Remote Meter Reading is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Remote Meter Reading is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Remote Meter Reading players cover:
- Kamstrup
- Diehl Metering
- ZENNER International
- MWA Technology
- MarineSync
In terms of revenue, the global two largest companies occupied a share of nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of the Remote Meter Reading market by product type, application, key players, and key regions and countries.
Segmentation by Type:
- On-premises
- Cloud-based
Segmentation by Application:
- Residential
- Industry
- Business
- Others
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, and market penetration:
- Kamstrup
- Diehl Metering
- ZENNER International
- MWA Technology
- MarineSync
- Utthunga
- Bove Technology
- Smarter Technologies
- Castle Water
- Intuz
- Badger Meter
- Birdz
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