Report forecast the electricity submeters market in
Europe to grow at a CAGR of 13.8% over the period 2014-2019.
Electricity submeters are connected downstream from
utility meters to provide disaggregated energy and power quality data to key
decision makers such as facility managers, building owners, and tenants,
allowing them to increase efficiency and assess the systems more easily.
Electricity submetering is the technology of choice for energy managers
concerned about the efficiency of buildings and factories, and helps them
understand energy usage and identify areas for improvement. The latest metering
tools and solutions offer a deep insight into the energy consumption of
individual pieces of equipment in a building, and help building owners and
managers control the costs of commercial, industrial, and residential
buildings.
According to the report, the increased focus on
finding solutions to improve energy efficiency of buildings across all consumer
segments will propel the electricity submeters market in Europe. This is
because buildings account for a significant share of energy consumption and
many energy efficiency policies are being implemented in key countries
worldwide. Many programs and rating systems are being introduced with the
objective of developing energy-efficient buildings. These programs include
BREEAM in the UK, which has boosted the market in the region.
Further, the report states that the high cost of
electricity submeters is inhibiting market growth.
Electricity Submeters Market in Europe 2015-2019, has
been prepared based on an in-depth market analysis with inputs from industry
experts. The report covers electricity submeters market landscape in Europe and
its growth prospects in the coming years. The report also includes the
segmentation of electricity submeters market in Europe on the basis of type of
submeters and end-users. The report also includes a discussion of the key
vendors operating in this market.
Key players in Electricity Submeters Market in Europe
2015-2019: ABB Ltd., Eaton Corp., General Electric (GE), Honeywell
International Inc. and Schneider Electric SA
Other Prominent Vendors in the market are: Meters UK,
Integrated Metering Systems and Siemens
Market driver
- Increased focus on improving energy efficiency of buildings
- For a full, detailed list, view our report
Market
challenge
- High cost of electricity submeters
- For a full, detailed list, view our report
Market trend
- Increased investment in submetering technology
- For a full, detailed list, view our report
Key questions
answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 75 pages, “Electricity Submeters Market in Europe 2015-2019” report
covers Executive Summary, List of Abbreviations, Scope of the Report, Market
Research Methodology, Introduction, Market Landscape, Market Segmentation by
End-user, Market Segmentation by Architectural Model, Key Leading Countries,
Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market
Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their
Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://mrr.cm/4WJ
Find all Electricity Reports
at: http://www.marketresearchreports.com/electricity
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