DUBLIN, Sept. 26, 2023 /PRNewswire/ — The “Smart Electricity Meters – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global Smart Electricity Meters market is experiencing significant growth and is expected to reach a size of approximately $20.5 billion by 2030, with a compound annual growth rate (CAGR) of 7.6% from 2022 to 2030. This growth is driven by various factors, including the increasing adoption of smart meters for electricity consumption measurement. Here are some key insights from the report:

Market Segmentation:

Single-Phase smart meters are expected to record a CAGR of 7% and reach a market size of $14.6 billion by 2030.Three-Phase smart meters are projected to experience a higher CAGR of 9% over the same period.

Geographic Analysis:

The report provides a detailed analysis of specific geographic areas, with a focus on the US and China.The US market is currently estimated at $1.8 billion and is expected to see significant growth.China is forecasted to reach a market size of $7.6 billion by 2030.

Competitive Landscape:

The report highlights 16 significant players in the Smart Electricity Meters market, including Siemens AG and Schneider Electric SE.Analyzing the competitive landscape can provide insights into the market dynamics and help businesses gain a competitive edge.

Global Economic Outlook:

The report discusses the global economic outlook, with improvements expected in the coming years.Factors such as GDP growth, inflation, and government policies are considered in the analysis.

Challenges and Opportunities:

The report acknowledges challenges such as the war in Ukraine, inflation concerns, and regulatory changes.It also highlights the potential for growth in various technologies, including AI, machine learning, renewables, and climate technologies.

Overall, the Smart Electricity Meters market is on a growth trajectory, driven by technological advancements and increasing demand for more efficient electricity consumption measurement. The report provides valuable insights for businesses and investors looking to navigate this evolving market.

What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market InsightsWorld Market TrajectoriesImpact of COVID-19 and a Looming Global RecessionPandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDPWorld Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021Smart Meters: Laying the Foundation of Energy Efficiency and Reliable Utility NetworksAn Introduction to Smart Electricity MetersSmart Electricity Meters: Reliable, User-Friendly, Cost Effective, and Energy Efficient TechnologyAMI Technology Poised to Grow at a High RateResidential Sector Dominates Smart Electricity Meters MarketAsian Economies Spearhead GrowthKey Challenges Confronting the Smart Electricity Meters MarketCompetitionRecent Market ActivitySmart Electricity Meters – Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Environmental Concerns, Reduction in Energy Wastage, and Need for Energy Efficiency Drive Adoption of Smart Metering TechnologyMyriad Benefits of Smart Electricity Meters to Drive Global AdoptionBenefits of Smart Electricity Meters to UtilitiesBenefits to CustomersDigitization Trend in Utilities Spurs Adoption of Smart MetersSpiraling Demand for Electricity and Inefficient Infrastructure Drives Power Utilities to Deploy Smart MetersProjected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035China and India Lead the Global Rise in Demand for Electricity: Change in Gross Electricity Demand in TWh for 2017-50Growing Deployments of Smart Grids: A Strong Business Case for Smart Electricity MetersSpending on Smart Grids Strengthens Smart Metering Infrastructure Plans: Global Market for Smart Grids in US$ Billion) for the Years 2018 and 2020Renewable Energy Integration: A Promising Application of Smart Electricity MetersRising Prominence of Internet of Things (IoT) in Utilities to Benefit PenetrationRise of Smart Cities and Focus on Smart Energy Management Opens Up Opportunities for Smart Electricity MetersAt the Core of Smart Cities Are Smart Metering Solutions for Provision of Smart Utility Services: Global Market for Smart City Technologies in US$ Million for the Years 2019 and 2025Smart Electricity Meters Emerge as Vital Components for Efficient Energy Use & Consumption Control in Smart CitiesIncreasing Investments in Smart Home Technology Solutions to Fuel Demand for Smart MetersGrowing Investments into Smart Homes Stimulate Smart Meters Market: Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025Integration of Electric Vehicles and Smart Meters Enable Shift towards Sustainable EconomyGlobal EV Sales (In Million Units) by Region for the Years 2019, 2025 & 2030Rising Prominence of Smart Electricity Meters in Advanced Outage ManagementSmart Electricity Meters Gain Prominence in Distribution AutomationGovernment Policies Critical for Smart Electricity Meters AdoptionCloud Computing Transforms Smart Metering MarketBig Data Analytics to Provide Actionable Insights from Smart Meters-Generated DataAI Presents Immense Opportunities to Tap Smart Meter DataBlockchain to Mitigate Data Safety and Privacy Concerns for Smart MetersIncreasing Integration of Cellular Technology in Smart Electricity MetersPopulation Growth and Demographics Drive Need for Smart Utility Infrastructure, Supporting Demand for Smart MetersWorld Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100World Urban Population in Thousands: 1950-2050PKey Issues & Challenges Hampering Widespread Adoption of Smart Meters

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/3bgiqw

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/2023-global-smart-electricity-meters-market-thrives-on-iot-integration-and-sustainable-energy-adoption-301939183.html

SOURCE Research and Markets

SAN FRANCISCO, Sept. 26, 2023 /PRNewswire/ — Last week, Noodle.ai, the leader in Supply Chain A.I., had its patent application filed for the core GPP technology underlying its new Generative Supply Chain Planning. The technology, which is probabilistic in nature, has the ability to drive dramatic increases in supply chain profitability and dramatic decreases in supply chain waste.

“We are convinced the GPP technology will mark a key milestone in the transition to a future of Generative Planning.” said Stephen Pratt, Founder & CEO of Noodle.ai. “This is a once in a generation breakthrough to make material improvements in global supply chain efficiency and waste reduction.”

Why is Generative Planning Revolutionary? 

Traditional planning solutions have struggled to keep pace with the complexities and uncertainties of modern global supply chains. The existing deterministic approaches usually lead to sub-optimal, and often infeasible, plans. These plans are created by decades old stagnating technologies which create an imbalance between supply and demand, lower profits, and huge amounts of waste because remedial actions are often required to satisfy demand.

“This technology further grows our competitive advantage over other supply chain alternatives,” said Mahriah Alf, Noodle.ai Chief Product Officer. “Generative Planning builds on the Probabilistic System of Intelligence currently driving our products and is a quantum leap forward.”

Noodle.ai Generative Planning optimizes entire supply chains simultaneously through Large Graph Models (LGM) that continually learn and improve. 

Hyung-il Ahn, Noodle.ai, Chief AI Scientist, says “Noodle.ai’s Generative Planning incorporates cutting-edge generative AI technologies—such as attention-based graph neural networks (GNN), offline deep reinforcement learning (Offline RL), and probabilistic policy simulations. This potent combination generates dynamic supply action plans that are both feasible and network-wide optimized and consider time-varying supply chain objectives and probabilistic factors like demand, lead time, and production variabilities.” 

Generative Planning Results 

Noodle.ai Generative Planning has shown extraordinary promise when tested using historical data from a North America-based consumer goods company with a complex supply chain network. Generative Planning simultaneously increased revenue and decreased costs by reducing out of stocks and lost sales by 75% and reducing excess stock by 20% with a corresponding inventory holding cost impact. 

A Generative AI Solution that adapts to your ever-changing Business Objectives 

Generative Planning can adapt to different corporate objectives, whether they are maximizing profits, service levels, minimizing risk, cost containment, or other metrics. By employing generative policy models trained on real-world network transition data, Generative Planning performs probabilistic simulations to create optimal supply plans that are tailoring to your corporate objectives and resilient to the uncertainties of today’s global supply chains. 

Availability

Generative Planning data science and data flow development are complete, and the broader application is being productized to ensure it meets Noodle.ai high standards of availability, security, scalability, and ease of use. Noodle.ai Generative Planning will be available to initial customers in Q1 of 2024 with an initial focus on demand and finished-goods distribution.

About Noodle.ai 

Noodle.ai is currently a probabilistic system of intelligence that supercharges your current planning and transaction systems with the power of probabilities. Unlike traditional systems that rely on fixed rules and simplified assumptions, Noodle.ai uses cutting-edge AI/ML technology to conquer variability and improve your decision-making process. With risk-adjusted recommendations and automated workflows, you’ll achieve unprecedented productivity, service levels, and cost savings in your supply chain.

With the productization of this patent-pending technology Noodle.ai will become a Generative System of Planning that allows customers to reduce the cost and improve the quality of their supply chain planning by replacing outdated systems.

View original content to download multimedia:https://www.prnewswire.com/news-releases/noodleai-announces-patent-pending-technology-for-generative-supply-chain-planning-301939588.html

SOURCE Noodle.ai

St. Louis-based plug partners with Treecard to create sustainability-driven shopping experience for consumers, exclusively benefitting global reforestation efforts

ST. LOUIS, Sept. 26, 2023 /PRNewswire/ — plug, a leading online retailer of in-demand personal tech devices, announces a partnership with Treecard, the debit card app that is reforesting the planet. Treecard will offer the plug shopping experience to its users, housing a fully integrated, Certified Pre-Owned tech shop through the Treecard app. This collaboration aims to maximize the environmental impact of both brands.

The partnership between these rapidly growing brands is rooted in a shared commitment to the environment and providing access to sustainable products and services. plug connects people around the world to reliable, Certified Pre-Owned devices, making it affordable and easy to make an environmentally-conscious tech purchase. Treecard helps debit card users to adopt greener habits and plants trees as they spend.

“Treecard gives a portion of our profits to Ecosia, our tree planting partner, to plant and protect trees in biodiversity hotspots where they are needed most,” said James Cox, co-founder of Treecard. “As a results of our customer’s efforts we expect to fund over 5,000,000 trees this year, and the addition of this all-new, integrated plug shop allows us to bring more value to customers and, ultimately, plant even more trees.”

The tech shop is now accessible through the Treecard app and offers visitors full access to the plug catalog of available devices. Since 2009, plug has saved over one million devices and Treecard has helped to plant more than 180 million trees in over 32 countries. With every purchase made, this partnership is contributing exclusively to the reforestation efforts and the goal of saving more than two million devices from landfills by 2025.

“Reducing e-waste is at the heart of plug’s mission,” said Oday Alaytum, founder and managing partner of plug. “As technology prices rise and global e-waste volumes continue to grow, customers are looking for a way to save on today’s popular technology and make environmentally-friendly purchases. Increasing our exposure to like-minded consumers through this partnership with Treecard not only broadens access to reliable and sustainable tech, but prevents more devices from reaching landfills.”

Unneeded, unused, and discarded electronic products, known as e-waste, represents 2% of America’s trash in landfills and equals 70% of overall toxic waste. According to the EPA, e-waste is the fastest growing municipal waste stream in America but a large number of what is labeled as “e-waste” is actually whole, discarded electronic equipment or parts that are readily marketable for reuse or can be recycled for materials recovery. The energy saved by recycling one million laptops is equivalent to the electricity used by 3,657 U.S. homes in a year.

More information on plug can be found at the company’s website, www.plug.tech, or Facebook, Instagram, TikTok, X (formerly Twitter), Pinterest, or YouTube pages at @plugbettertech. Learn more about Treecard at www.treecard.org, or Facebook, X (formerly Twitter), or LinkedIn pages at @treecardapp or on Instagram at @treecard.

About plug
plug, formerly eCommsell, is a St. Louis-based consumer electronics provider and online retailer that connects people to reliable, renewed devices. The company was founded by Oday Alyatim in 2020 to make it affordable and easy for people to get the most out of their personal technology purchases and help reduce unnecessary e-waste. plug hand tests and certifies every device it sells through its rigorous 90+ point ‘Certified Pre-Owned Assurance’ certification process, providing a one-year performance warranty and 30-day, money-back guarantee on all devices sold. plug is ‘Responsible Recycling’ or ‘R2’ certified, and has helped, along with its sister company Comm Depot, to prevent over one million working devices from reaching landfills since 2009.

About Treecard
Treecard is an empowering green app that rewards customers by planting real trees when they adopt greener habits. From walking to shopping, Treecard’s community can turn their everyday actions into trees and support other vital environmental projects. Treecard’s mission is to make it easy and fun for anyone to have a positive impact on our planet, no matter where they are in their sustainability journey. Trees are planted where they are needed most and protected by vetted and responsible tree-planting organizations, shoulder-to-shoulder with local communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/tech-and-personal-finance-sustainability-innovators-announce-partnership-and-co-branded-experience-301939341.html

SOURCE plug