Key Players' Impact on UAE Smart Utility Market Trends and Share: Forecast 2028 Analysis
MarkNtel Advisors has thoughtfully curated the UAE Smart Utility Market Research Report, taking into account our client's distinct needs. Our research offers a thorough examination of the present regional and global market conditions. This report on industry analysis extensively encompasses market dynamics, limitations, and their potential consequences on future market requirements, presenting a comprehensive overview of the sector.
What
is the projected growth rate of the UAE Smart Utility Market during the
forecast period?
The UAE Smart Utility Meters market is
projected to grow at a CAGR of around 4.5% during the forecast period, i.e.,
2023-28.
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Growth
Opportunity: Upcoming Smart Projects to Fuel the Adoption
The growth of smart infrastructure in
recent years has spread around the globe, thereby creating newer growth
opportunities for the market. The requirement for precise & current data
has grown substantially as the world is rapidly shifting toward digitization.
Smart utility meters are an important part of this digitization system as they
give customers exact real-time data on their electricity consumption, which is
cost-effective.
Additionally, the growing smart projects in
lieu of the expanding urbanization is one of the main reasons that has forced
the market for smart utility meters to improve the energy effectiveness of
cities & encourage sustainable growth in the UAE. These smart programs
include the development of smart grids, advanced transportation networks, and
intelligent buildings, all of which significantly rely on these meters to
monitor & control energy use. Therefore, the UAE's eyes on sustainability,
its government initiatives, the increasing prevalence of smart homes &
buildings, and its investment in smart infrastructure contribute to the growing
adoption of smart utility meters in the country.
Segmentation
Analysis of UAE Smart Utility Market:
The
report has segmented the market into the following categories:
•By
Type
•Electric Meter
•Water Meter
•Gas Meter
•By
Technology
•Advanced Metering
Infrastructure
•Automatic Meter
Reading
•By Communication
•Radio Frequency
•Power Line
Communication
•Cellular Network
•By
End User
•Residential
•Commercial
•Industrial
•Government and
Transportation
•By
Region
•Dubai
•Abu Dhabi &
Al Ain
•Sharjah and
Northern Emirates
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Competitive
Landscape with Key Player:
•Landis+Gyr
•Honeywell International, Inc.
•Elster
•Siemens
•Iskraemeco
•Kamstrup
•Itron
•Schneider Electric
•Aclara Technologies LLC
•Sensus
•Others
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development, feasibility analysis, project scoping, market segmentation,
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