The Manomet Current described trends in the telemetric devices market, citing a statistic from AEE's Market Report report. Read snippets below and the full article here.

The report presents an in-depth assessment of the Telemetric Devices Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Telemetric Devices from 2021 till 2026. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Telemetric Devices Market: Siemens AG, GE Healthcare, Philips Healthcare, Schlumberger Ltd., Schneider Electric, Sierra Wireless, Inc., Cobham Plc, Kongsberg Gruppen, Honeywell International Inc., L3 Technologies, Inc. and others.

The features such as automated sensing, measurement of data, and control of remote devices are the direct reason for the growing applications of telemetric devices in home automation. According to the Advanced Energy Economy report, revenue of the advanced metering infrastructure market worldwide during fiscal 2018 stood at USD 13.07 billion.

Read the full article here.