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Smart Meter Market to Rise at 7 7% CAGR till 2026; High

Smart Meter Market to Rise at 7.7% CAGR till 2026; High Investments in Integrating Modern Technologies to Provide Impetus to Market Growth, says Fortune Business Insights™ Key Companies Covered in Smart Meter Market Research Report are Siemens (Germany), ABB (Switzerland), Kamsturp (Denmark), Itron (US), Landis + Gyr (Switzerland), Badger Meter (US), Diehl (Germany), Secure Meter Limited(UK), Aclara Technologies (US), Sensus (US), BMETER (UK), Jabil(US), Honeywell (US), ZENNER (US) July 12, 2021 23:12 ET | Source: Fortune Business Insights Fortune Business Insights Pune, India, July 12, 2021 (GLOBE NEWSWIRE) The global smart meter market size is projected to reach USD 44.18 by the end of 2026. Recent technological advancements have emerged in favor of the market in the coming years. According to a report published by Fortune Business Insights, titled “

Motor Control Centers Market Worth $8 16 Billion at 5 2% CAGR; Need for Operational Efficiency to Skyrocket Demand: Fortune Business Insights™

Motor Control Centers Market Worth $8 16 Billion at 5 2% CAGR; Need for Operational Efficiency to Skyrocket Demand: Fortune Business Insights™
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Forklift Truck Market to Exhibit a CAGR of 4 3% by 2028;

Disrupted Steel Industry to Thwart Growth amid Pandemic The severe impact on the steel industry has dramatically reduced the growth of the market. As per the U.S. Steel Industry, the U.S. steel production fell 12.7% year over year at the ending of March 2020. The steel imports have also fallen explicitly in January and February 2020. This factor will adversely impact manufacturing facilities, thus impacting the market. The declined automotive, precision instruments, and machinery has further affected the global market. Moreover, industries such as machinery, automotive, office machinery, communication equipment have faced unprecedented loss, which, in turn, can disturb the forklift trucks industry.

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