#Smart Electricity Meters Market Share

[industryarcreport]

Smart Electricity Meters Market - Forecast(2024 - 2030)

A power meter is an electric device that measures the amount of energy consumed for billing purposes. It also comes with monitors, so you can better understand your energy usage. The monitoring of the power quality helps to lower the energy costs and to prolong the machine's life. Smart metering is such a complete end to end solution which minimizes the several errors and helps in distributing Quality Power.

Read More Here: https://tinyurl.com/3vzcpkfw

The conditions/ environment of operation of power meters are not the same as it was a few decades ago owing to the dynamism of this market. Smart Electricity Meters Market is constantly evolving thus facilitating development of new technologies. Ever-changing technology combined with addition of new product lines are the major drivers for this industry. The traditional meter usually has a metal disc that rotates as power is consumed. The disc is actually part of an electric motor that rotates at a speed that is proportional to the product of the voltage and the current being supplied.

Request For Sample: https://tinyurl.com/5n6tc2u6

Electronic Energy Meter is based on Digital Micro Technology (DMT) and uses no moving parts. So the EEM is known as “Static Energy Meter” In EEM the accurate functioning is controlled by a specially designed IC called ASIC (Application Specified Integrated Circuit). ASIC is constructed only for specific applications using Embedded System Technology. Similar ASICs are now used in Washing Machines, Air Conditioners, Automobiles, Digital Camera etc. Owing to benefits such as reducing energy consumption, more accurate, lower price as well as lower power consumption, power meters are being used across industry verticals. However, Oil and gas, chemical Industry, power generation and water treatment are key end use industries of the Global Smart Electricity Meters Market. Asia-Pacific is the leading market for Smart Electricity Meters with China leading the charge. Asia-Pacific region is forecast to have highest growth in the next few years due to growing adoption of power meter in industrial applications. Asia power metering accounts to XX% of the global market for Power Metering and is the fastest growing market followed by Americas. In Americas, Oil & Gas industry as well as Chemical industry is the major end users of Power Meter. North America and Asia together are estimated to occupy a share of more than XX% during 2018-2023.

[seoexpertswizard]

Global Smart Electric Meter Market Share, Trends, Analysis, Report and Forecast 2023-2028

The smart electric meter is a critical component of the smart grid infrastructure since it can communicate with data collection points in both directions. As a result, the smart grid market would have an immediate impact on the smart electric meter market.

[rjzimmerman]

Electricity That Costs Nothing—or Even Less? It’s Happening More and More. (Wall Street Journal)

Excerpt from this Wall Street Journal story:

Most people pay a fixed price for each kilowatt-hour of electricity they consume throughout the day. The price is set by their power company and only changes at infrequent intervals—once a week, a month or even only once a year.

Van Diesen, a software salesman, recently signed up to receive electricity from two providers that charge him the hourly price on the Dutch wholesale power market, rather than a fixed price that resets monthly or annually. When the price of electricity falls low enough, smart meters in his house begin charging his two electric cars.  

Wholesale prices swing wildly each hour of the day, and even more so as a larger share of electricity flows from wind and solar installations. Because the generation costs of wind or solar farms are negligible, market prices will be near zero when there is enough renewable power to cover most of a region’s electricity demand. 

Electricity market dynamics get weirder when renewable-energy producers don’t have an incentive to stop feeding power into the grid, usually because of government subsidies. Then grids can be flooded with excess power, pushing prices into negative territory.

Van Diesen said he’s made 30 euros, equivalent to around $34, over the past five months charging his car, enough to cover the service fee from his power supplier, a Norwegian company called Tibber.

“I’m charging the car for free,” said van Diesen, who is part of a group of clean-energy enthusiasts in the Netherlands who call themselves green nerds. “To me it’s also like a hobby and a game—how far can I go?”

Doing laundry in the evening? The electricity could be free a few hours later when demand dies down and the wind picks up. Likewise, in regions with lots of solar power, charging an electric vehicle in the morning is usually far more expensive than powering up under the midday sun—or whenever the price is right.

In the U.S., most states don’t currently allow such real-time pricing, but many think that will change. Already, in some of the world’s biggest economies from Western Europe to California, the occurrence of zero and negative wholesale power prices is growing fast.

Wholesale prices across continental Europe have fallen to zero or below in 6% of all hours this year, up sharply from 2.2% in 2023 and just 0.3% in 2022, according to data collected by Entso-E, the group of European transmission system operators. In markets with lots of renewable capacity, this year’s figure was higher: 8% in the Netherlands, 11% in Finland and 12% in Spain. Analysts expect those numbers will grow as more solar panels and wind turbines are installed.

The changes sweeping Europe’s electricity markets, which were accelerated by the energy crisis brought on by the war in Ukraine, show what could happen in the U.S. in a few years when renewable capacity reaches a similar scale. In 2023, 44% of EU electricity was generated by renewables, compared with 21% in the U.S.

[industrynewsupdates]

Future of Power Transformer Market: Innovations and Developments

The global power transformer market was valued at USD 22.83 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. This growth is primarily driven by the increasing demand for electricity in both emerging and developed countries, coupled with significant investments in infrastructure. As urbanization and industrialization continue to accelerate, the need for reliable and efficient power distribution systems is expected to fuel market growth. Additionally, the rising focus on modernizing the existing energy grid systems and improving energy efficiency will be key factors driving the demand for power transformers over the forecast period.

A major contributing factor to the market's expansion is the growing adoption of smart grid technology. The development of smart grids, which incorporate advanced technologies like smart meters and automated control systems, is creating a significant demand for more sophisticated power transformers. Smart meters, in particular, are integral to the efficient functioning of smart grids as they enable real-time monitoring and management of energy consumption. The widespread push for smart grid development, along with government initiatives to modernize power infrastructure, is expected to have a positive impact on the power transformer market over the next several years.

In addition to smart grids, the power transformer market will be further supported by the rising focus on renewable energy sources and the increasing need to develop transmission networks for remote and off-grid locations. The integration of non-traditional energy sources, such as wind, solar, and hydropower, into the power grid requires efficient power transformers that can manage variable power outputs and ensure reliable electricity distribution. 

Gather more insights about the market drivers, restrains and growth of the Power Transformer Market

Phase Insights

The power transformer market can be segmented based on phase type into two categories: single-phase and three-phase transformers. As of 2022, the three-phase transformer segment accounted for the largest share of the market, with a dominant market share of 62.2%. This segment is expected to grow at the fastest rate, with a projected CAGR of 7.2% by 2030.

Three-phase transformers are widely used in various industrial applications due to their high efficiency and ability to handle large power loads. They are commonly used in industries such as manufacturing, mining, petrochemicals, automation, and telecommunications, among others, for both power generation and distribution. These transformers are especially suited for industrial settings because they are more affordable, compact, and lightweight compared to other transformer types, especially when dealing with high power ratings.

In addition to being cost-effective, three-phase transformers offer several operational advantages. They are ideal for low-voltage distribution systems that experience high fluctuations in voltage. Their design allows for superior isolation, common-mode interference suppression, and they can be customized to meet specific end-user requirements. Furthermore, they are particularly effective in environments that require a stable and continuous power supply, making them indispensable for a wide range of applications, including precision machinery and automated systems.

Given their many advantages and the growing number of industries relying on them, three-phase transformers are expected to continue dominating the market and experience robust growth during the forecast period. Their versatile applications and increased adoption across multiple industrial sectors further underline their critical role in the development of power distribution systems worldwide.

Order a free sample PDF of the Power Transformer Market Intelligence Study, published by Grand View Research.

[mariacallous]

Last week, the Labour MP Darren Jones needed antibiotics for a sick child. It took him and his wife eight attempts in two cities, he reported on Twitter, to find a chemist that could fill the prescription.

Class WhatsApp groups, Mumsnet threads and school-run conversations have been filling up over the past few days with stories like these, thanks to an increase in strep A infections – a common bug that usually just causes a sore throat but can in rare cases be fatal for children – leading to parental panic and GPs writing more prescriptions to be on the safe side. The health secretary, Steve Barclay, insists there are more than enough drugs for everyone, but right now they don’t seem to be reaching the high street fast enough, with parents reporting dashing from pharmacist to pharmacist trying to get a prescription filled.

Meanwhile, shortages of HRT medication are being reported again, after a drought last year that saw menopausal women furtively sharing stocks with friends or even trying to buy on the black market. And if it’s not drugs, it’s something else. Over the past few years a combination of Brexit, the pandemic, the wedging of a giant ship in the Suez canal that caused temporary havoc to global shipping routes, and more recently a bird-flu outbreak affecting poultry farmers, have led to temporary panics over the availability of everything from loo roll to iPhones, fresh fruit to eggs.

Minette Batters, the president of the National Farmers’ Union, warned last week that Britain could be “sleepwalking” into a food supply crisis, with pending problems for everything from pig production to growing tomatoes, cucumbers and pears. The next shortage on the horizon may be electricity, with some smart-meter customers being incentivised to curb peak-time usage to help us through a spell of cold, dry weather.

Britain is used to being a country where those with the money to pay for it could generally have what they wanted, when they wanted it: a place of just-in-time supply chains and bursting shelves, doorstep delivery and cheap credit, convenience and choice. But now we’re having to adjust to more of a scarcity mindset, accepting that niggling absences and even occasionally rationing may be a fact of life. By global or by historical standards western lives are still obviously luxurious. But having got used to a life of convenience, the idea that things may not always necessarily be available when we need them creates a steady throb of anxiety below the surface.

People used to laugh at “preppers”, those paranoid survivalists who stockpiled tinned food and battery-operated torches ready for a vaguely imagined apocalypse. But it stopped feeling so funny when one of the earliest temporary pandemic shortages involved a run on freezers in which to hoard food, and now we’re all sheepishly stocking up on candles and solar-powered chargers in case of January power cuts.

Meanwhile, prepping itself has had a makeover thanks to a rash of Instagram “homesteading” influencers, young women living on ranches in the American midwest who post endless reels of themselves canning peaches, growing squashes and raising chickens like something out of a Laura Ingalls Wilder book. What they’re pitching is a romantic vision of self-sufficiency that hasn’t been this popular since the equally unpredictable 1970s, the last time the homespun “good life” was heavily in vogue, where security means having what looks like a lifetime’s supply of tinned beans in the cellar just in case. Their popularity is, I suspect, down to the fact that they’re oddly soothing to watch, and right now it’s soothing we need.

For scarcity tends to breed anxiety about what may be around the corner, and sometimes a culture of every man for himself. There was no national shortage of petrol in the autumn of 2021, either, but the fear that there might be soon – thanks to a shortage of tanker drivers – scared people into filling up en masse just in case, thus temporarily creating precisely the shortage we’d each been trying individually to avoid. As ministers quickly discovered, once that kind of doom loop sets in, it’s very hard to stop; telling people not to panic just alerts them to the fact that other people must be panicking, and if you think something vital is about to run out then you’ll be, if anything, inclined to grab it before someone else does.

But we’re going to have to learn to adapt somehow, because shortages and interruptions and unexpected absences are almost certainly here to stay. Shifting patterns of global trade, the climate crisis affecting food production, and ongoing disruption to manufacturing, particularly in China – which faces the prospect of a huge Covid “exit wave” as it abandons restrictions in the face of the Omicron variant – are all likely to have knock-on effects. The age of inconvenience, in short, is with us for a while yet.

[globallsdata]

Bangladesh's power sector is largely composed of coal, natural gas, hydro, and renewable energy sources. In recent years, the government has made significant efforts to diversify its energy sources, with increasing investments in renewable energy, natural gas, and energy-efficient technologies. The country’s electricity generation capacity has increased substantially, and the government aims to meet the rising demand by ensuring a more reliable and sustainable power infrastructure. The growth of industries, the urbanization of the population, and the shift to cleaner energy solutions are key drivers of the market's expansion.

Trends Shaping the Bangladesh Power Market

Increase in Renewable Energy Investment: The Bangladesh government has set ambitious goals for increasing the share of renewable energy in the country’s power mix. Solar power, in particular, has seen substantial growth, with the government supporting solar home systems in rural areas and large-scale solar projects in urban regions. The country is also exploring wind and biomass power to complement its energy grid.

Energy Efficiency Initiatives: As part of its commitment to sustainability, Bangladesh is focusing on improving energy efficiency in both the industrial and residential sectors. The government and private sector are working together to promote energy-efficient technologies, such as LED lighting, high-efficiency appliances, and energy-saving building practices. This trend is not only helping to reduce overall demand but is also contributing to the country's climate goals.

Digitalization of the Power Sector: The Bangladesh power sector is beginning to adopt advanced digital technologies, including smart grids, smart meters, and remote monitoring systems. These innovations are improving energy distribution, reducing transmission losses, and enabling better management of electricity consumption. As digital solutions become more widespread, they are expected to further enhance the efficiency and reliability of the power sector.

Development of Infrastructure and Power Transmission: Significant investments are being made in transmission and distribution infrastructure to reduce power loss, ensure grid stability, and connect remote areas to the national grid. The expansion of high-voltage transmission lines and substations is essential for supporting the growing demand for electricity and integrating renewable energy into the national grid.

Focus on Energy Security and Sustainability: Energy security is a critical concern for Bangladesh, especially with its dependence on natural gas and imported coal for power generation. The government is working to strengthen energy security by exploring new sources of energy, improving domestic resource utilization, and enhancing efficiency across the power generation and distribution systems.

[alwaysonelectrical]

Energy Innovations - Innovations in Infrastructure, Technology, Resources and Energy

We're a global specialist across sectors such as infrastructure, technology, resources and energy innovations Lake Macquarie. Our people share their ideas, analysis and capabilities.

Allambi Care and Lake Macquarie Council have partnered up to power-up their operations using solar panels. They're one of a number of local organisations joining Council in the Cities Power Partnership, which has more than 170 members.

1. Electric Vehicle Charging Strategy

With electric vehicles (EVs) gaining traction in Australia and worldwide, Lake Macquarie City Council required strategic, technical, and business model input for the development of its EV charging infrastructure strategy.

The City currently operates seven EV chargers across the city including sites at Redhead, Charlestown, Morisset, Dudley and the Speers Point administration building. These 22 kilowatt chargers are installed on power poles and are connected directly to the overhead electricity supply, with energy use matched with 100% accredited GreenPower.

The EV chargers are designed to charge most EV models to 80 per cent capacity in four hours. Using intelligent software, the chargers will determine the best time to recharge for each vehicle. Fleet operators, such as bus depots and logistics centers, can schedule EV charging according to the required range and departure times of each vehicle.

2. Smart Metering

The rollout of smart meters gives customers real-time access to their energy data, empowering them to make choices and changes that reduce their electricity consumption and bills. This is an essential enabler of more efficient energy networks, helping the UK meet its carbon targets2.

Smart meters are connected to a national communications network from the outset, making them compatible with all energy suppliers from day one. However, many early-generation meters were installed with the energy supplier’s own communication systems, which means customers will lose some smart functionality if they switch provider.

Deployment constitutes a significant component of the overall cost of a smart transformation program. A dedicated deployment operations capability is essential to define a clear and appropriate deployment strategy that aligns to the achievement of strategic objectives. This enables the identification and rectification of bottlenecks, continuous improvement through customer feedback and the implementation of innovative solutions to improve deployment efficiency. Ultimately, this leads to the delivery of quality outcomes for the program.

3. Energy Efficiency

Energy innovations drive global sustainability goals, including reducing greenhouse gas emissions and enabling the transition to renewable and sustainable energy. Leading forms of green energy innovation include advancements in solar photovoltaic technology, improved battery storage capabilities and smart grids.

A local not for profit community organisation has joined forces with Lake Macquarie City Council and Pingala, a member-owned solar cooperative, to bring the Hunter region’s first community-funded renewable energy project to life. The Allambi Care solar project allows the community to fund a solar system at the organisation’s Charlestown headquarters, with returns of 5 to 8 per cent p.a.

The community-funded project will help Allambi Care save on electricity costs and reduce its environmental footprint by generating its own clean energy through a rooftop solar panel installation in Lake Macquarie and Newcastle. The system will be connected to Ausgrid’s electricity network and provide an onsite, renewable energy source that will be used to offset the City’s remaining carbon emissions from other sources.

4. Energy Storage

The cost of solar and energy storage is falling fast. In China, the world’s biggest power market, there are plans to double ESS capacity over the next five years.

Lake Macquarie City Council is an early adopter of onsite generation with 15 of its buildings now having solar power installed. This enables the business to save on electricity costs and reduce its impact on the environment.

In partnership with Allambi Care, the City is launching its first community-funded renewable energy project – Pingala. It invites local community members to invest in solar power for Allambi Care and receive a return on their investment of between 5 and 8 per cent a year.

Eku Energy, a Macquarie Asset Management portfolio company, develops, builds and actively manages energy storage assets to enable reliable, clean electricity supplies. The team uses a combination of local partnerships and a data-driven understanding of global financial and energy markets to find the right investment solutions for its projects.

[jayanthitbrc]

Three Phase Smart Electric Meter Market Growth 2024: Insights into Key Segments

The three phase smart electric meter global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Three Phase Smart Electric Meter Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The three phase smart electric meter market size has grown rapidly in recent years. It will grow from $12.39 billion in 2023 to $13.73 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to increasing demand for energy efficiency, rising electricity consumption, the push for renewable energy integration, enhanced data accuracy needs, and the growing adoption of IoT devices.

The three phase smart electric meter market size is expected to see rapid growth in the next few years. It will grow to $20.83 billion in 2028 at a compound annual growth rate (CAGR) of 11%. The growth in the forecast period can be attributed to accelerating urbanization, the expansion of smart city projects, increasing regulatory mandates for smart metering, and heightened consumer demand for real-time energy monitoring, greater emphasis on energy management systems. Major trends in the forecast period include advancements in technology, sensor technology, advanced analytics and AI for predictive maintenance, the expansion of wireless communication technologies, adoption of multi-utility metering solutions.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/three-phase-smart-electric-meter-global-market-report

Scope Of Three Phase Smart Electric Meter Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Three Phase Smart Electric Meter Market Overview

Market Drivers - The rising electricity demand is expected to propel the growth of the three-phase smart electric meter market going forward. Electricity demand is on rise due to factors such as population growth, expanding industrial activities, and higher adoption of energy-intensive technologies. Three-phase smart electric meters assist in managing rising electricity demand by providing accurate, real-time data on consumption, enabling better energy management, efficiency, and grid stability. For instance, in July 2024, according to the International Energy Agency (IEA), a France-based organization, global electricity demand is expected to rise by approximately 4% in 2024, an increase from 2.5% in 2023. This robust growth in global electricity consumption is anticipated to persist into 2025, with a similar growth rate of about 4%. Therefore, the rising electricity demand is driving the growth of the three-phase smart electric meter market.

Market Trends - Major companies operating in the three-phase smart electric meter are developing innovative products with grid-edge capabilities to enhance energy efficiency, enable real-time monitoring, and support the integration of renewable energy sources. Grid-edge capabilities facilitate decentralized energy management, real-time data analytics, and better integration of renewable energy sources, boosting overall grid efficiency and reliability. For instance, in December 2023, Xylem, a US-based electronic company, launched Stratus IQ+, a three-phase smart electric meter designed to provide utilities with enhanced data capabilities. This meter features grid-edge capabilities, allowing for better management of energy consumption and integration with electric vehicle (EV) charging data. The Stratus IQ+ aims to improve utilities' operational efficiency by offering real-time insights into energy usage and grid performance.

The three phase smart electric meter market covered in this report is segmented –

1) By Type: Power Line Communication (PLC), Radio Frequency (RF), Cellular 2) By Technology: Advanced Metering Infrastructure (AMI), Automatic Meter Reading (AMR) 3) By Application: Industrial, Commercial, Residential

Get an inside scoop of the three phase smart electric meter market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=19221&type=smp

Regional Insights - Asia-Pacific was the largest region in the three phase smart electric meter market in 2023. The regions covered in the three phase smart electric meter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the three phase smart electric meter market are Honeywell International Inc., GE Vernova, Oracle Corporation, Fluke Corporation, Renesas Electronics Corporation, Schneider Electric SE, Diehl Metering, Microchip Technology, Itron Inc., Landis+Gyr AG, Enel X, Holley Performance Products Inc., Smart Metering Systems plc, Apator SA, Hexing Electrical Co.Ltd., Trilliant Networks Inc., Circutor S.A.U., Kamstrup, Iskraemeco Group, Trinity Energy Systems Pvt. Ltd., Nero Electronics Ltd., Visiontek

Table of Contents 1. Executive Summary 2. Three Phase Smart Electric Meter Market Report Structure 3. Three Phase Smart Electric Meter Market Trends And Strategies 4. Three Phase Smart Electric Meter Market – Macro Economic Scenario 5. Three Phase Smart Electric Meter Market Size And Growth ….. 27. Three Phase Smart Electric Meter Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[studentabode]

Sustainable Study Abroad: Green Campuses and Eco-Friendly Programs for 2025

As environmental awareness becomes more and more evident in higher education, worldwide universities are making their study abroad programs more sustainable. This is not only due to the university's internal dedication to reducing carbon emissions, but it is also the result of the fact that more and more students are looking for green education programs.

Leading the Green Revolution in Global Education

According to recent research, nearly 73% of international students factor environmental issues into selecting their study destination. This movement has caused institutions to be proactive by creating a well-rounded sustainability program that goes further than just recycling, to include all elements of student life.

Innovative Campus Sustainability Initiatives

1. Renewable Energy Integration

* University of Copenhagen comes first in the field of 100% renewable energy consumption

* Solar-powered student residences at the Australian National University

* Wind energy systems providing power for 80% of the campus programs at the University of British Columbia

2. Zero-Waste Programs

* Trinity College's commitment to sustainability through the "zero waste policy" as the zero-waste initiative promises to be done by 2025

*Canteen food remains are used as a raw material for compost on the campus.

*Banning the consumption of single-use plastics on several international campuses

3. Sustainable Transportation

* Unlimited electric bike-sharing programs for world students

* Campus electric shuttle services

* Incentives for using public transport

Top Eco-Friendly Study Programs for 2025

Environmental Science and Sustainability

Universities are expanding their environmental science programs to such a level that now they are handling the following points:

* Climate change mitigation strategies

* Sustainable urban planning

* Renewable energy technologies

* Marine conservation

Green Business Management

Programs aimed at training and development in:

* Sustainable supply chain management

* Environmental Economics

* Corporate social responsibility

* Green marketing strategies

Sustainable Agriculture

Some of the new exciting offerings involve:

* Urban farming techniques

* Organic farming practices

* Agricultural technology

* Food security studies

Student Engagement in Sustainability

International students are the ones who actively take part in the following:

* Campus sustainability committees

* Environmental research projects

* Community garden initiatives

* Local conservation efforts

Measuring Environmental Impact

Universities have developed technologies that enable them to track the following:

* Carbon footprint reduction

* Energy consumption patterns

* Waste management efficiency

* Water conservation metrics

Future Trends in Sustainable Education

1. Virtual Learning Integration

* A combination of online and traditional learning which reduces emissions through the transportation of students to campus.

* Virtual field trips using AR/VR technology

* Online collaboration tools for international projects

2. Green Building Standards

* LEED-certified student housing

* Energy-efficient classroom buildings

* Water-saving infrastructure

* Green roofs and living walls

3. Sustainable Research Opportunities

* Funding for environmental research projects

* International collaboration on climate solutions

* Student-led sustainability initiatives

Student Tenant: Your Eco-Friendly Accommodation Partner

The students' commitment to sustainable living is growing and Student Tenant is exactly the leader in the business of eco-friendly student accommodation. Environmental responsibility is the basic premise of our operations and here is how we do it:

* Energy-efficient housing options with smart meters and LED lighting

* Accommodation near public transportation routes

* Buildings equipped with solar panels and rainwater harvesting systems

* Recycling and composting facilities in all properties

* Partnerships with local sustainable food suppliers

* Digital lease management to reduce paper waste

We know that sustainability covers different aspects including environmental impact, but it is equally important to create healthy, comfortable living conditions that support students' academic success. Our apartments have both eco-friendly features and advanced conveniences thus, it becomes much easier for international students to stay with these sustainability principles and study abroad.

To learn more about our eco-friendly student housing options around the globe, please visit our website or get in touch with our support team.

The move towards sustainable study abroad programs is a significant change not only in the educational field but also in the way we see international education overall. As the universities and such support services as Student Tenant keep innovating, students will experience not only enriching educational opportunities but also actions that don't go against their environmental values.

[avikabohra8]

Connected Grids, Smarter Cities, The Role of Smart Meters in Modern Utilities

[voiceofentrepreneurlife]

Adani Energy Solutions revenue growth forecast

Adani Energy Solutions Ltd., the power transmission arm of the Adani Group, is valued at $18.5 billion at the enterprise level. A robust business growth trajectory is expected to drive a 29% compound annual growth in its pre-tax profits over the next three years, according to a report.

AESL boasts a diverse portfolio that encompasses transmission and distribution assets, along with a smart metering division.

“With an enterprise value of $18.5 billion, we consider AESL a highly appealing opportunity in the fast-growing energy markets of India,” stated Cantor Fitzgerald, a global brokerage that has initiated coverage of the company.

The brokerage believes AESL has exceptional growth potential relative to other publicly traded utility and energy companies in the US, Europe, and Asia. “We project total revenue to increase at a compound annual growth rate (CAGR) of 20% from FY24 to FY27, with adjusted EBITDA expected to grow at a CAGR of 28.8%.”

This contrasts with peers experiencing low single-digit revenue growth and mid-single-digit EBITDA growth.

Highlighting its faster growth compared to competitors, the brokerage noted that AESL is a more diversified enterprise.

After it completes nine newly granted projects in the next 18 to 24 months, we expect the transmission sector to grow rapidly (and expect it to gain further contracts in the next years). Its distribution business should maintain growth at or near double-digit rates by expanding its regulatory asset base (RAB). Additionally, its smart metering division is set to start generating significant revenue and profits, working through a backlog of 22.8 million smart meters (expected to yield $3.2 billion in income), with potential to win another 40 million smart meters, which could add over $6 billion in income,” the report stated.

AESL is expected to experience strong growth over the next four years, continuing to outpace its peers for at least the next decade. The reason for this increase is that, in comparison to other established markets, India is still relatively undeveloped. The transmission and distribution operations of AESL stand to gain as the nation grows and consumes more electricity.

“Following a recent capital raise that was significantly oversubscribed by three times, AESL is now well-positioned to drive growth across all three major segments,” Cantor Fitzgerald noted, adding that AESL shares currently trade at a 60% discount compared to peers.

AESL was established when Adani Enterprises demerged its transmission assets into a new entity called Adani Transmissions in 2015. Adani Transmissions subsequently acquired distribution assets from Reliance Infrastructure in 2018 and from MPSEZ Utilities in 2021.Read More-https://voiceofentrepreneur.life/

[businessindustry]

Internet of Things (IoT) Smart Meter Market Trends, Growing Technology, Opportunities 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Internet of Things (IoT) Smart Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Internet of Things (IoT) Smart Meter Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Internet of Things (IoT) Smart Meter Market?

The internet of things (IOT) smart meter market is expected to grow at a CAGR of 12.5% during the forecast period of 2024 to 2032.

What are Internet of Things (IoT) Smart Meter?                                                                                                                                                                            

An Internet of Things (IoT) smart meter is a device used for measuring and recording the consumption of utilities like electricity, gas, or water. It communicates this data wirelessly to a central system for monitoring and billing purposes. These smart meters enable two-way communication between the utility provider and the consumer, allowing for real-time monitoring of energy or water usage. They offer features such as remote reading, automated billing, and the ability to detect and report issues like leaks or outages. IoT smart meters are essential for more efficient resource management, improved service reliability, and the integration of renewable energy sources into the grid.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1966

What are the growth prospects and trends in the Internet of Things (IoT) Smart Meter industry?

The internet of things (IoT) smart meters market growth driven by various factors and drivers. The market for Internet of Things (IoT) smart meters is experiencing significant expansion, fueled by the growing uptake of smart grid technologies and the increasing need for effective energy management solutions. These smart meters provide advantages like real-time monitoring, remote reading, and automated billing, leading to their deployment in residential, commercial, and industrial settings. Government programs aimed at modernizing utility infrastructure and encouraging energy conservation are also driving market growth. However, challenges such as data privacy issues and the high cost of installation may impede growth to some degree. Hence, all these factors contribute to internet of things (IoT) smart meters market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type:

Electricity Smart Meters

Water Smart Meters

Gas Smart Meters

Communication Technology:

Wired Smart Meters

Wireless Smart Meters

Component:

Hardware

Software

Services

End-User:

Residential

Commercial

Industrial

Application:

Energy Consumption Monitoring

Load Management

Billing and Payment Management

Remote Disconnect/Reconnect

Demand Response

Others

Meter Type:

Advanced Metering Infrastructure (AMI)

Automatic Meter Reading (AMR)

Connectivity:

Cellular Network

Power Line Communication (PLC)

Radio Frequency (RF)

Others

Deployment:

Retrofit

New Installation

Customer Type:

Investor-Owned Utilities (IOUs)

Public Utilities

Cooperative Utilitie

Meter Phase:

Single Phase

Three Phase

Power Source:

Battery-Powered

Hardwired

Application Area:

Residential Buildings

Commercial Buildings

Industrial Building

Meter Data Management (MDM) Solutions:

Data Collection

Data Storage

Data Analysis

Data Visualization

Service Model:

Managed Services

Professional Services

Sales Channel:

Direct Sales

Indirect Sales

Report Segmentation:

North America:

United States

Canada

Europe:

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Egypt

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

Siemens AG

Landis+Gyr

Itron Inc.

Schneider Electric SE

Honeywell International Inc.

Aclara Technologies LLC

Kamstrup A/S

Iskraemeco

Badger Meter, Inc.

Sensus (Xylem Inc.)

Elster Group GmbH (Honeywell International Inc.)

ICSA (India) Limited

Jiangsu Linyang Energy Co., Ltd.

Neptune Technology Group Inc.

Holley Technology Ltd.

View Full Report: https://www.reportsandinsights.com/report/Internet of Things (IoT) Smart Meter-market

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[industrynewsupdates]

Key Trends Shaping the Future of the Flow Meter Market

The global flow meter market was valued at USD 10.02 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2030. In 2020, the market shipment size was recorded at 53,78,749 units, reflecting the ongoing demand for flow rate measurement technology across various industries. Over the forecast period, the market is expected to experience significant growth, primarily driven by the increasing need for accurate flow rate measurements in industries such as oil and gas (O&G), chemical processing, and petroleum refining.

One of the main drivers of this market growth is the rising demand for flow rate measurement in O&G management applications globally. The oil and gas industry, in particular, relies heavily on flow meters to measure the flow of liquids, gases, and vapors in pipelines, refining processes, and distribution networks. The increasing exploration and production activities in the O&G sector, including the recent discovery of shale gas reserves in North America, Europe, and the Asia Pacific, are expected to create significant demand for flow meters. These regions are likely to see expanded investments in oil and gas infrastructure, which will, in turn, boost the market for flow measurement instruments.

Besides O&G, other industrial sectors such as water and wastewater, power generation, and pulp and paper are also expected to contribute to the market growth. These industries are increasingly adopting measurement technologies and instruments to monitor and control the flow of fluids in their operations, ensuring efficiency, safety, and regulatory compliance. The growing emphasis on environmental sustainability and resource management is pushing these industries to invest in advanced flow meters for monitoring water usage, energy generation, and waste management.

An important trend that will influence the market in the coming years is the increased demand for intelligent systems. The integration of the Internet of Things (IoT) has paved the way for smart measurement solutions, which offer real-time data collection, remote monitoring, and predictive analytics. This has made flow meters not just tools for measurement, but also integral components in smart manufacturing and automation systems. With this integration, companies can optimize their operations, reduce energy consumption, and improve system reliability.

Gather more insights about the market drivers, restrains and growth of the Flow Meter Market

Regional Insights

The North American flow meter market is driven by the presence of key players such as General Electric, Emerson Electric Corporation, and Honeywell International Inc., who significantly contribute to the region's market share in terms of revenue. These industry giants play a vital role in the development and distribution of advanced flow measurement technologies, driving growth in the U.S. and Canada.

U.S. Flow Meter Market

In the U.S., the flow meter market is expected to account for a significant share of the North American market. The ongoing digitalization and the integration of IoT-enabled flow meters are expected to boost market growth. These advanced systems offer remote monitoring, predictive maintenance, and real-time data analytics, making them increasingly popular across industries. The adoption of these technologies is enhancing operational efficiency, reducing downtime, and improving overall system performance, which is anticipated to accelerate market expansion in the U.S. over the forecast period.

Europe Flow Meter Market Trends

Europe dominated the global flow meter market, holding over 35.37% of the global revenue share in 2023. The region has a high adoption rate of flow measurement systems, particularly in the power generation sector, which contributes significantly to the regional market's growth. In addition, the demand for advanced flow meters such as magnetic, ultrasonic, and Coriolis flow meters is expected to increase in the oil and gas (O&G) industry as the region focuses on more efficient and sustainable energy solutions.

Europe is home to several major manufacturers and providers of flow measurement technologies, including Endress+Hauser AG, Krohne Messtechnik GmbH, and ABB Ltd. These companies play a pivotal role in driving the market in Europe, and the region's strong industrial base, particularly in manufacturing, chemical, and O&G industries, ensures continued growth. As a result, Europe accounted for the largest market share in 2020, and this dominance is expected to persist throughout the forecast period.

• U.K. Flow Meter Market: The U.K. is expected to hold a significant share of the European flow meter market. Demand for flow meters is being driven by growing emphasis on water conservation and environmental protection, particularly in industries such as water and wastewater management. Accurate flow measurement is crucial in these sectors to optimize resource use, improve efficiency, and ensure regulatory compliance.

• Germany Flow Meter Market: The German flow meter market is expected to capture a substantial revenue share in Europe. Germany's strong manufacturing sector, particularly in industries like oil and gas, chemicals, and pharmaceuticals, has driven high demand for flow meters in process monitoring and control applications. Germany's focus on advanced industrial automation and technological innovation further boosts the demand for precision measurement instruments like flow meters.

• France Flow Meter Market: The French market for flow meters is expected to grow significantly, driven by technological advancements such as the integration of digital and wireless technologies. These advancements enable enhanced accuracy, reliability, and remote monitoring capabilities, making flow meters even more vital in sectors like water management and industrial process control.

APAC Flow Meter Market Trends

The Asia-Pacific (APAC) region is anticipated to witness a substantial CAGR of over 7.1% from 2024 to 2030. Growth in this region is largely driven by ongoing developments in the water and wastewater management sector in countries like India and China.

• China Flow Meter Market: China is expected to capture a significant revenue share in the APAC flow meter market. The country’s rapid industrialization and urbanization are driving a rising demand for flow meters across a variety of industries, including oil and gas, water and wastewater management, chemicals, and pharmaceuticals. As China continues to develop its infrastructure and industrial base, the need for accurate and efficient flow measurement solutions will continue to increase.

• India Flow Meter Market: The Indian market is expected to experience significant growth, fueled by the country's focus on infrastructure development, particularly in sectors such as energy, utilities, and construction. The increasing demand for flow meters in these industries to monitor and control fluid flow in pipelines, plants, and facilities is expected to drive the market.

• Japan Flow Meter Market: Japan is also projected to hold a significant revenue share in the APAC flow meter market. Stringent environmental regulations in Japan, aimed at curbing pollution and ensuring efficient resource management, have driven the widespread adoption of flow meters to measure and manage water, air, and other fluids. The demand for accurate measurement solutions in both industrial and environmental sectors is expected to continue growing.

Brazil Flow Meter Market Trends

The Brazil flow meter market is expected to capture a significant revenue share within the Latin American flow meter market. Technological advancements, including the rise of smart meters and the digitalization of flow measurement systems, have played a crucial role in the market's growth. These innovations offer improved accuracy, efficiency, and enhanced data management capabilities, all of which are contributing to the increasing demand for flow meters in Brazil.

Saudi Arabia Flow Meter Market Trends

The flow meter market in Saudi Arabia (KSA) is anticipated to grow significantly in the coming years, driven by an expanding industrial base, rising infrastructure needs, and increasing focus on environmental sustainability. As the country invests in infrastructure projects and adopts cleaner energy solutions, the demand for advanced flow meters to monitor fluid flows in industrial processes, utilities, and environmental applications will continue to rise.

Browse through Grand View Research's Sensors & Controls Industry Research Reports.

• The global industrial automation and control systems market size was estimated at USD 206.33 billion in 2024 and is anticipated to witness a CAGR of 10.8% from 2025 to 2030.

• The global biometric sensor market size was valued at USD 2.09 billion in 2024 and is projected to grow at a CAGR of 19.8% from 2025 to 2030.

Key Flow Meter Company Insights

The flow meter market is highly competitive, with companies employing various strategies such as partnerships, business expansions, new product developments, and contracts to increase their market share. Geographic expansion, through partnerships and collaborations, along with mergers and acquisitions, is a key strategy for market growth. Companies are also investing heavily in R&D to develop innovative and differentiated products that cater to specific industry needs.

Some of the prominent players in the flow meter market include:

• ABB Ltd.: A global leader in industrial automation and digitalization solutions.

• Emerson Electric Corporation: Specializing in a wide range of automation and measurement solutions.

• General Electric: A multinational conglomerate with strong operations in energy and industrial technologies.

• Krohne Messtechnik GmbH: A leading manufacturer of industrial process instrumentation, including flow meters, for various sectors.

• HÖNTZSCH GMBH & CO. KG: Known for its high-precision flow measurement equipment.

• Hitachi High-Tech Corporation: Specializing in advanced measurement solutions for industrial applications.

• Siemens: A global powerhouse in electrical engineering and industrial automation, offering comprehensive flow measurement solutions.

Key Flow Meter Companies:

The following are the leading companies in the flow meter market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these flow meter companies are analyzed to map the supply network.

• ABB Ltd.

• Emerson Electric Corporation

• em-tec GmbH

• Endress+Hausar AG

• General Electric

• Hitachi High-Tech Corporation

• Honeywell International Inc.

• HÖNTZSCH GMBH & CO. KG

• Krohne Messtechnik Gmbh

• Siemens

• Yokogawa Electric Corporation

Order a free sample PDF of the Flow Meter Market Intelligence Study, published by Grand View Research.

[hitech-pcba]

Industrial Control PCB Assembly Manufacturer

sales12@hitechpcb.com

Industrial Control PCB Assembly Manufacturer – One-stop service

Industrial Control PCB Assembly – PCBA Manufacturers, Suppliers, Factory From China

Since the establishment of our company, the primary goal has been to maintain the superior quality, excellent durability and high cost performance of PCB Assembly. We are an enterprise specialized in manufacturing Industrial Control PCB Assembly integrating development, scientific research, manufacturing, technical services and marketing. Network interaction can enhance the value of our product brand, increase market share, and spread our brand image more effectively. Enterprises spare no effort to meet the needs of customers and serve customers unconditionally is the basic principle to achieve the first-class service level. With the in-depth understanding of product manufacturing process and market, our company collects high-quality brands and technical services targeted to meet the needs of customers with rapid response and high-quality service.

Because of robots and comparable technologies, many different remote control devices are being employed in numerous sectors. Assemblies of printed circuit boards are critical to the smooth movement and robust electrical connections between controllers and industrial machinery.

Rapid Assemblies was well aware of the potential influence remote-controlled machines would have on several sectors as soon as they entered the market. We’ve taken significant initiatives to ensure that our circuit board assemblies fulfill this industry’s rigorous criteria.

Electronics must be rock-solid, long-lasting, and capable of withstanding the most punishing environments for industrial usage. Additionally, industrial control PCB must adhere to tight industrial SIL and IEC requirements and offer unique design features and form factors for any industrial environment.

Advanced Electronic Manufacturing

• PCB Manufacturing

• PCB Assembly

• Integrated Manufacturing

• Cable Wire Harness Assembly

• Electromechanical Assembly

Application of PCBs for Industrial Use

Here are few examples of our industrial application:

Units that provide power

Robotics

Electronically controlled gearboxes

Drives and inverters for industrial applications

Instrumentation for electronic testing and measurements

Systems for regulating energy consumption

The use of smart meters in industrial settings

Smart labels for computers and other electronic devices

Lighting Systems

How to make industrial PCB?

Printed circuit boards (PCBs) are constructed from insulating panels onto which copper layers and signal lines are etched or printed. As the intricacy of the circuit increases, the number of layers on an industrial PCB may range from a single to eight or more. PCB Manufacturing Process includes the following steps:

PCB Layout

Design and layout come first when thinking about the industrial control PCB manufacturing process.

You need to know what you want and select a designer that will bring your vision to life (virtually) (virtually). Understand that PCB design and layout is the most critical step of producing an industrial circuit board.

PCB Design

The design will determine how the product will look and operate. A successful PCB design supports the operation of the device within which it is housed. Not all gadgets have the exact pricing, and hence the PCB design might differ on numerous parameters. The kind of users and their access to resources also determine the style of PCB.

Designing nowadays is done with specialized tools that may be used online and offline; they can be free or expensive.

PCB Prototyping

Once the design and layout have been authorized for production, you may prototype and test the product to confirm its functions and features as intended. It’s possible that prototyping will take longer than usual if the industrial PCB is very complicated. 

Once a PCB prototype is complete, third parties often put through further testing before being released into production. So, the final product’s function and other features rely entirely on this one component.

Industrial Control PCB Assembly Characteristics：

According to the characteristics and technical particularities of industrial control products, it is not difficult to find that it has a high dependence on PCBA. The demand for information and intelligence is higher than that of general computers in some places. Industrial computers are computers, but they are different from personal computers.

Industrial computer configuration is not very high, as long as it meets the needs of the project. However, the motherboard has relatively rich slots, which can be used for various expansion functions. So it is not difficult to see that in practical work, the demand for PCBA is more diverse and the quality requirement is higher.

The application of industrial control board in industrial control board can adapt to the harsh industrial application environment and has good stability and reliability. Customers can also customize motherboards, core boards, module boards, and support specific specifications such as TG180, hot-roll boards, etc.

In order to meet the production demand of high-layer and high-precision industrial control products, Hitech Circuits has mature circuit board manufacturing technology and advanced imported production equipment, such as Korea OPE punch, Germany Burkle press, Japan Mitsubishi laser drill, Germany Schmoll drill, and vacuum resin plug machine; meanwhile, it has mastered the advanced production of the industry.

Conclusion

Industrial automation control is mainly used in industrial control units, high-power transformers for advanced integration and testing electric vehicle charging stations, smart metering and other fields. Printed circuit board assemblies are important for smooth movement and robust electrical connections between controllers and industrial machinery. Crucially, in the field of industrial control, PCBA can help companies save costs and reduce human errors, while PCB assembly for industrial control needs to involve large-scale component procurement and PCB production.

Industrial electronics assemblies are an integral part of modern industrial automation, playing an important role in improving the productivity, precision, and safety of industrial operations. Since industrial electronic equipment needs to run for a long time and the operating environment is complex, their quality must be strictly guaranteed. Hitechpcba is an expert in electronics assembly manufacturing, we provide a full range of industrial electronics manufacturing services from design to production and testing. With professional equipment, skilled technicians, and a strong quality management system, we are capable of consistently producing reliable and high-quality electronic equipment for industrial applications.

[colinwilson11]

The United States Agrivoltaics Market Will Grow At Highest Pace Owing To Increasing Adoption Of Dual-Use Agriculture

The United States agrivoltaics market involves integrating photovoltaic solar power generation into agricultural operations, such as farming and livestock grazing. Agrivoltaics systems optimize land use for both electricity production as well as crop cultivation or livestock grazing. The dual-use of agricultural land boosts the agricultural productivity and reduces the consumption of fresh water for irrigation. Major crops grown under agrivoltaic systems include grapes, blueberries, tomatoes, and citrus fruits.

The United States Agrivoltaics Market is estimated to be valued at US$ 323.6 Mn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the United States agrivoltaics are Enel Green Power S.p.A.,Boralex,Sunrise Power Solutions,McIntosh Energy Japan Co., Ltd., and SolarEdge.

These players are focusing on developments of innovative agrivoltaic projects to tap the growth opportunities. For instance, in 2022, Enel Green Power developed an agrivoltaic system in California integrating PV modules mounted at a height of eight meters above rows of wine grape.

The growing adoption of dual-use agriculture is fueling the demand for agrivoltaic systems in the country. Agrivoltaics help farmers to generate additional revenue from electricity sales while optimally utilizing the available land for crop cultivation. Government schemes promoting integration of agriculture with renewable energy are further augmenting the adoption of agrivoltaics among farmers.

Technological advancements are also supporting the growth of the United States agrivoltaics market. Key players are developing innovative mounting structures, optimizers, and module designs that maximize crop yield while producing electricity from PV systems. Smart technologies allow real-time monitoring of agro-climatic conditions and adjustment of PV panels for optimal sunlight exposure to crops.

Market Trends

The trend of dual-use agriculture is gaining traction in the United States as it helps optimize land utilization as well as boost farm income. Various states are promoting integrated models for generation of clean energy along with crops and livestock management. Furthermore, the growing focus on sustainable agriculture is propelling the development of agrivoltaic farms having minimum environmental impact.

Market Opportunities

The strong policy support in the form of regulatory mandates and financial incentives available for renewable energy projects presents significant opportunities for agrivoltaics market in the United States. Additionally, growing research collaborations between agricultural universities and solar industries are expected to develop new applications and potential crops suitable for agrivoltaics. This will further accelerate the commercialization of innovative agrivoltaic systems.

The United States Agrivoltaics Market experienced significant slowdown in growth during the COVID-19 pandemic. Lockdowns and supply chain disruptions negatively impacted the agricultural as well as solar sectors. Farmers faced difficulties in crop cultivation and harvesting due to shortage of labor and disruptions. The implementation of agrivoltaic projects also slowed down significantly. However, with gradual easing of restrictions from mid-2021 and vaccination drives, the market is recovering. The demand is expected to pick up strongly as agricultural production returns to pre-pandemic levels and ongoing renewable energy targets drive the adoption of innovative agrivoltaic solutions.

The geographical region concentrating major share of the United States Agrivoltaics Market in terms of value is Central States region comprising North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Iowa, Missouri, Wisconsin, and Illinois. This is because of the large-scale farming activities in the region, supportive government policies, and availability of suitable land areas for integrating solar PV systems with agriculture. The fastest growing region for the market is expected to be Western States region including California, Oregon, Washington, Nevada, Idaho, Utah, Arizona, New Mexico, Colorado, and Wyoming. This is attributed to aggressive renewable energy goals of states like California, extensive R&D initiatives in the region, and increasing development of agrivoltaic projects to power irrigation in arid states.

The Central Valley region of California is a major hub for various fruit and vegetable cultivation. However, extensive use of fossil-fuel based irrigation pumps has increased carbon footprint and energy costs of farms. Several farmers and local authorities in the region have started implementing innovative agrivoltaic projects that deploy bifacial solar panels mounted on vertically-adjustable structures above crop beds. This allows growing of crops below panels and generation of clean electricity simultaneously to meet irrigation demands. Such projects are reducing reliance on diesel and lowering production costs, thereby driving stronger adoption of agrivoltaics in California and wider Western States region.

Get more insights on this topic:  https://www.trendingwebwire.com/united-states-agrivoltaics-market-poised-to-grow-significantly-due-to-rising-adoption-of-solar-plus-crop-farming/

Author Bio:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163 )

What Are The Key Data Covered In This United States Agrivoltaics Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the United States Agrivoltaics's growth between 2024 and 2031.

:- Accurate calculation of the size of the United States Agrivoltaics and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- United States Agrivoltaics Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of United States Agrivoltaics vendors

FAQ’s

Q.1 What are the main factors influencing the United States Agrivoltaics?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top United States Agrivoltaics companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the United States Agrivoltaics’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note: 1. Source: Coherent Market Insights, Public sources, Desk research 2. We have leveraged AI tools to mine information and compile it