Energy meters are a typical instrument to measure the amount of electricity or energy consumed by a user. It has been traditionally present in the market with the dominant types being the electromagnetic and static ones. However the market is steadily moving towards a newer generation meters which include smart and digital meters. Players in the market are rapidly involving research and development activities to adopt newer technologies in their products. The market is highly controlled by the state and private utilities who are the major users of energy meters in India. Increasing government support in the sector as regards to the electrification activities is driving the market. India is also rapidly becoming a big exporter of energy meters with changing technology in its products. Organized players capture a large share of the market owing to the manufacturing specifications to be followed. Rising urban infrastructure and households is definitely going to boost the overall demand of meters in India. The report begins with an introduction to the energy meters market indicating the types of meters on the basis of load along with a brief description. The market overview section provides size of the market and it growth on the basis of volume. Market segmentation on the basis of load and types is also given. The size and growth of the market on the basis of value has been added along with the product segments. Each segment of the market has been described with respective market sizes and growth figures. The import and export figures and overview has been described. An analysis of the drivers explain the factors for growth of the industry including rising household demand, government initiatives, high replacement market and increasing rural electrification. The key challenges include archaic business practices and high entry barrier. The future outlook of the market has been analyzed which provides a clear and definitive overview of the next generation energy meters which are taking inroads Indian market. Smart meters have been defined with their advantages over conventional meters and the prospect of the market in the Indian context has been highlighted. The competition section provides an overview of the competitive landscape in the industry along with the market segmentation on the basis of player market shares and sales segmentation. It includes a detailed profile of the major players in the market including their financials.
Table of Contents
Page 1: Executive summary Introduction Page 2: Energy Meters Market - Segmentation and Description Market Overview Page 3: Energy Meters Market - Overview, Size & Growth (Volume) (2006-2010e), Market Segmentation (Basis of Load and Types) Page 4: Energy Meters Market - Overview, Size & Growth (2010-2014e); Product Segments Page 5: Segments of Energy Meters Market - Overview; Size & Growth (2010-2014e) Page 6: Import and Export of Energy Meters (Value and Volume - 2006-2010), Region Wise (2009-10) Drivers & Challenges Page 7: Summary Page 8-14: Drivers Page 15: Challenges Future Outlook Page 16: Smart Meters - An Introduction Page 17: Benefits in the Indian Market Competition Page 18: Competition - Overview, Market Segmentation and Sales Segmentation (2009-10) Page 19-27: Major Players
This research report involves complete picture of the market with the help of in-depth secondary and primary research. This research report studies several aspects of the market and analyze vital industry influencers. Extensive secondary research has been conducted using paid as well as open access data sources in order to gather information on the market and parent market. These key findings are then analyzed and validated with the help of in-house data models and primary discussions with key industry participants and experts across the value chain
Research Tools and Models
- Top-Down Approach and Bottom-Up Approach
- QFD Modeling for Market Size and Share Calculation
- Regression, Variable and Impact Analysis
- Penetration Modeling
- It comprises briefing about market dynamics and business opportunities and strategies.
- Finally, all the research findings are validated through interviews with in-house industry experts, freelance consultants and key opinion leaders etc.
It involves various mathematical tools, models, projection, and sampling techniques. It involves following steps:
- Identification of market variables and market size derivation
- Assessment of future prospects, opportunities and market penetration rates by analyzing product commercialization, regional trends etc.
- Evaluation historical market trends and derivation of present and future year-on-year growth trends