06.07.2018 Views

Global Industrial Smart Meters market is expected to reach 104.79 million USD by the end of 2022

The global Industrial Smart Meters market is valued at 26.97 million USD in 2016 and is expected to reach 104.79 million USD by the end of 2022, growing at a CAGR of 25.39

The global Industrial Smart Meters market is valued at 26.97 million USD in 2016 and is expected to reach 104.79 million USD by the end of 2022, growing at a CAGR of 25.39

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QYResearch<br />

• The consumption volume <strong>of</strong> <strong>Industrial</strong> <strong>Smart</strong> <strong>Meters</strong> <strong>is</strong> related <strong>to</strong><br />

downstream industries and global economy. As <strong>the</strong>re will always be<br />

some uncertain in <strong>the</strong> global economy in <strong>the</strong> following years, <strong>the</strong><br />

growth rate <strong>of</strong> <strong>Industrial</strong> <strong>Smart</strong> <strong>Meters</strong> industry may not keep that<br />

fast. But it <strong>is</strong> surely forecasted that <strong>the</strong> <strong>market</strong> <strong>of</strong> <strong>Industrial</strong><br />

<strong>Smart</strong> <strong>Meters</strong> <strong>is</strong> still prom<strong>is</strong>ing.<br />

• The product average price declined in <strong>the</strong> past few years due <strong>to</strong> <strong>the</strong><br />

technology development, <strong>the</strong> average price will keep <strong>the</strong> tr<strong>end</strong> in <strong>the</strong><br />

few future years due <strong>to</strong> increasing mature manufacturing technology<br />

and lowing cost <strong>of</strong> raw materials.<br />

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