The article cited AMA's Global Modular Metering Market Study explored substantial growth with CAGR of 12.76%. According the report, Adoption of Cloud-Based Technology is one of the primary growth factors for the market. Rise in Demand and Current Developments in Energy Systems Technologies is also expected to contribute significantly to the Modular Metering market. Overall, Residential Metering and Switching applications of Modular Metering, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Cisco Systems, Inc. (United States), IBM Corporation (United States), General Electric (United States), Schneider Electric SE (France), Itron, Inc. (United States), Aclara Technologies LLC (United States), Elster Group GmbH (Germany), Sensus (United States), Tieto Corporation (Finland) and Trilliant, Inc. (United States) may see astonishing sales in this Market and certainly improve revenue growth.

The Electrical Panels, such as 100 amp, is boosting the Modular Metering market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Modular Metering market identified that the demand is rising in many different parts of the world as "Rise in Global Energy Demand ". Furthermore, some recent industry insights like "In June 2020, Schneider Electric, the leader in digital transformation of energy management and automation, today introduced the EasyLogic PM2000 series power meter, the newest addition to the EasyLogic metering portfolio." is constantly making the industry dynamic. One of the challenges that industry facing is "High Cost of products"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Modular Metering market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Modular Metering market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Modular Metering market tight?
• Which application/end-user category or Product Type [Single Phase, Three-phase (three-wire 120/240 Vac systems) and Four-phase (Four-wire 120/208 Vac systems)] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Modular Metering market and other related sub-markets covered in the study.

o Key & emerging players in the Modular Metering market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Modular Metering market size is calculated using market estimation process, the Modular Metering market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Modular Metering market size has been validated using both top-down and bottom-up approaches.