Australia Power Metering Market By End-User (Residential, Commercial, and Industrial) By Type (Analog Meters, Digital Meters, and Smart Meters) By Phase (Single Phase, Three Phase), By Company, By Region, Forecast & Opportunities, 2027

Australia power metering market is expected to grow at a significant CAGR during the forecast period. Increased competition among the market players is paving way for the growth of power meters in Australia. Launch of new products and services to benefit customers and producers of energy. Introducing price benefits to install power meters in residential and commercial spaces is on rise. Detailed energy usage information for enhancing transparency among consumers is expected to fuel the market growth of power meters in Australia. Technological advancements and upgradation of existing technology in power meters to obtain higher efficiency and better performance is expected to influence the power metering market positively. Integration of distributed energy resources such as solar photovoltaic technology and adoption of battery technology is anticipated to foster the power metering market growth. Australia has one of the highest gross domestic products in the world thereby people can afford quality living standards.

Power metering has main benefit of reduction in bills. Transferring of responsibilities away from distribution service network providers to metering coordinators by respective authorities is expected to fuel the market growth over the course of next five years.

Australia power metering market is segmented into

The major players operating in the Australia power metering market are SATEC Powerful Solutions, EDMI Limited, Landis+Gyr, Power Metric, Carel Group, CETA Australia, SBS Private Limited, Utility Relay Company, Smart Metering Services, ADM Australia, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study

• To analyze the historical growth of the market size of Australia power metering market from 2017 to 2020.
• To estimate and forecast the market size of Australia power metering market from 2021 to 2027 and growth rate until 2027.
• To classify and forecast Australia power metering market based on end user, type, phase, region, and company.
• To identify dominant region or segment in the Australia power metering.
• To identify drivers and challenges for Australia power metering.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Australia power metering.
• To identify and analyze the profile of leading players operating in Australia power metering.
• To identify key sustainable strategies adopted by market players in Australia power metering market.

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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers who could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

Market insights research calculated the market size of

Key Target Audience

• Power meter manufacturing companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to power metering

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.