Global EL Panel Meter Market Research Report 2021

EL panel meters are used to measure energy consumption in homes and buildings and other facilities. Measure process is done by either metering the whole panel at source or the individual circuits could be measured for accurate results, which is termed as branch circuit monitoring. EL panel meters offer a wide variety of features such as data logging, time-of-use, internal memory, etc. as the EL panel meters have communication options this allows the collection of data remotely in turn this offers, convenient access to an array of energy reading remotely and power and provides a detailed reporting. The EL panel meters are used to read energy consumed in three major applications domestic, commercial and industrial. EL panel meters for commercial facility is imperative in understanding the energy needs of a building and the occupants, EL panel meters provides data to building managers and others such as kWh usage, data logging, quality of power and the time of use. The industrial facilities require EL panel meters which are accurate and reliable in metering technology. EL panel meters in industries provides valuable power of quality data.as EL panel meters provide multiple functionality the original equipment manufacturers could take advantage of EL panel metering technology to incorporate new features or layers of functionality in the EL panel meters.
Government policies and fiscal incentives are the major driver of the global EL panel meter market. The factors like energy independence, security, safety, carbon reduction, efficiency, energy management, lower energy cost are the key factors driving the global EL panel meter market. Several government policies such as restructured accelerated power development and reform program and the central electricity authority guidelines have paved the way for EL panel metering, CEA regulations and Bureau of Indian standards have been promoting energy metering to educate the consumers about the energy metering such as EL panel meters and their importance. However technological gaps, lack of standard specification, low product quality, supply-demand gaps, and lack of awareness, power pilferage and unhealthy completions are several challenges that restrain the global EL panel meter market.

Market Analysis and Insights: Global EL Panel Meter Market
The global EL Panel Meter market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global EL Panel Meter Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global EL Panel Meter Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Analogue EL Panel Meters
Digital EL Panel Meters

Segment by Application
Commercial
Domestic
Industrial

By Company
Red Lion Controls
Accuenergy
Automatic Electric
BEEMET Instruments
EGEMAC
Tyco Electronics
OMEGA Engineering
Proton Power Control

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E