Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (Single Phase, Three Phase, Analog, Smart), By Application (Residential, Commercial, Industrial, Others) And Competitive Landscape
Product Code: ETC435437 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Africa Electricity Meters Market is anticipated to evolve more effectively over the forecast period. This growth of this market is highly attributed to the growing demand for electricity in the continent, rising businesses as well as households that uses electricity. The electric meters are helpful for recognising fraudulent activities and reducing energy wastage.
According to 6Wresearch, the Africa Electricity Meters Market size is expected to grow during 2022-2028.The electric meters are helpful for recognising fraudulent activities and reducing energy wastage. These benefits of meters are aiding the market to progress in the most effective way. This growth of this market is highly attributed to the growing demand for electricity in the continent, rising businesses as well as households that uses electricity. Some other factors that are supporting the market growth are technological advances, government initiatives, rising demand for clean energy sources, and growing rates for electrification in rural areas. In addition, rising investment in new infrastructure across the region is also stimulating the growth of this sector. This sector presents huge opportunities for the players to tap into increasing demand for affordable as well as reliable energy. The companies operating in this sector are stimulating the growth of this sector in the most efficient manner since they always try to come up with the better products that can effectively meet the needs of their consumers. Rising population throughout the continent and economic growth of African nations are also stimulating the market to propel well. The Africa Electricity Meters Market share is anticipated to evolve owing to these factors. There are a number of challenges the industry confronts and they are boosting energy efficiency, developing more sources for renewable energy and enhancing grip infrastructure.
There was a significant decline in demand for electricity meters across the continent during the pandemic. The pandemic was one of the most difficult times for sectors across the continent since many sectors had to stop their progression in order to follow the regulations of lockdown imposed by the government of different countries. Many sectors during the pandemic operating on online model and some were not operating at all that led to a significant reduction in demand for electricity meters throughout the continent. There was no requirement for electricity and electricity meters in many sectors that led to disruption in the sector.
Based on countries, Electricity Meters Market in Africa is segmented into the South Africa, Nigeria, Kenya, and Rest Of Africa. The demand for electricity meters is rising in every African nation.
Based on type, the Africa Electricity Meters Industry can be divided into Single Phase, Three Phase, Analog, and Smart. Out of which, the analog segment is likely to grow more in the future since this type is more demandable in the market.
Based on application, the sector is segmented into Residential, Commercial, Industrial, and Others. The demand for electricity meters is rising from all these applications since electricity meters play an essential everywhere.
The report offers a comprehensive study of the subsequent market segments:
By Countries
By Type
By Application
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Electricity Meters Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Electricity Meters Market Revenues & Volume, 2021 & 2028F |
3.3 Africa Electricity Meters Market - Industry Life Cycle |
3.4 Africa Electricity Meters Market - Porter's Five Forces |
3.5 Africa Electricity Meters Market Revenues & Volume Share, By Countries, 2021 & 2028F |
3.6 Africa Electricity Meters Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.7 Africa Electricity Meters Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Africa Electricity Meters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Electricity Meters Market Trends |
6 Africa Electricity Meters Market, 2018 - 2028 |
6.1 Africa Electricity Meters Market, Revenues & Volume, By Type, 2018 - 2028 |
6.2 Africa Electricity Meters Market, Revenues & Volume, By Application, 2018 - 2028 |
7 South Africa Electricity Meters Market, 2018 - 2028 |
7.1 South Africa Electricity Meters Market, Revenues & Volume, By Type, 2018 - 2028 |
7.2 South Africa Electricity Meters Market, Revenues & Volume, By Application, 2018 - 2028 |
8 Nigeria Electricity Meters Market, 2018 - 2028 |
8.1 Nigeria Electricity Meters Market, Revenues & Volume, By Type, 2018 - 2028 |
8.2 Nigeria Electricity Meters Market, Revenues & Volume, By Application, 2018 - 2028 |
9 Kenya Electricity Meters Market, 2018 - 2028 |
9.1 Kenya Electricity Meters Market, Revenues & Volume, By Type, 2018 - 2028 |
9.2 Kenya Electricity Meters Market, Revenues & Volume, By Application, 2018 - 2028 |
10 Rest of Africa Electricity Meters Market, 2018 - 2028 |
10.1 Rest of Africa Electricity Meters Market, Revenues & Volume, By Type, 2018 - 2028 |
10.2 Rest of Africa Electricity Meters Market, Revenues & Volume, By Application, 2018 - 2028 |
11 Africa Electricity Meters Market Key Performance Indicators |
12 Africa Electricity Meters Market - Opportunity Assessment |
12.1 Africa Electricity Meters Market Opportunity Assessment, By Countries, 2021 & 2028F |
12.2 Africa Electricity Meters Market Opportunity Assessment, By Type, 2021 & 2028F |
12.3 Africa Electricity Meters Market Opportunity Assessment, By Application, 2021 & 2028F |
13 Africa Electricity Meters Market - Competitive Landscape |
13.1 Africa Electricity Meters Market Revenue Share, By Companies, 2021 |
13.2 Africa Electricity Meters Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |