Prepaid Metering Market 2015-2019

Market outlook of the prepaid metering market

The global market for prepaid metering is expected to witness significant growth during the forecast period and is positively influenced by factors like recent technological innovations and increasing support from the regulatory authorities. These factors promote growth in the prepaid metering market during the forecast period and results in its healthy CAGR of almost 12% by 2019.

Technavio market research analysts have estimated the APAC region to dominate the global market for prepaid metering during the forecast period. The growing need to replace traditional electromechanical meters with electronic and prepaid meters is a critical factor that bolsters growth in this region and results in its high market share of nearly 47% by 2019.

Application-based segmentation and analysis of: hardware, software, & services

In this market research, analysts estimate the hardware segment to account for the largest market share during the forecast period. Increasing investments by market vendors in prepaid meters to support the installation programs set by governments across the globe is a significant factor that facilitates growth in this segment and results in its impressive market share of more than 48% by 2019.

The market report offers an analysis of each of the following segments and discusses its impact on the overall market growth -

• Hardware
• Software
• Services

Segmentation by end users and analysis of: commercial, industrial, & residential

The residential segment is envisaged to account for a profound market share of nearly 78% during the forecast period. The demand for prepaid meters in this segment is augmented by the urgency to complete meter installations before the expiry of grants permitted to the residential customers by the government.

This market research offers an analysis of each of the following segments and discusses its impact on the overall market growth -

• Commercial
• Industrial
• Residential

Competitive landscape and key vendors:  GE Digital Energy, Itron, Landys+Gyr

This market is expected to grow steadily during the forecast period and is positively influenced by the increasing implementation of smart metering technology. The major vendors in this market, such as Landis+ Gyr and Siemens Energy, are facing intense competition from smaller vendors as they provide region-based services to customers.

Key vendors in this market are -

• GE Digital Energy
• Itron
• Landys+Gyr
• Schneider Electric
• Siemens Energy

Other prominent vendors analyzed in this market research are Echelon Corporation, Elster Group SE, Sensus, and Silver Spring Networks.

Key questions answered in the report include

• What will the market size and the growth rate be in 2019?
• What are the key factors driving the prepaid metering market?
• What are the key market trends impacting the growth of the prepaid metering market?
• What are the challenges to market growth?
• Who are the key vendors in the prepaid metering market?
• What are the market opportunities and threats faced by the vendors in prepaid metering market?
• Trending factors influencing the market shares of APAC, EMEA, and the Americas?
• What are the key outcomes of the five forces analysis of the prepaid metering market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

• Global Advanced Metering Infrastructure (AMI) Market 2015-2019
• Global Telecom Cloud Billing Services - Market Research Report 2015-2019
• Global Smart Water Meter Market 2015-2019
• Global Smart Energy Meter Market 2015-2019