|
|
 |
|
Viewing report
|
|
|
|
Asia Pacific AMI Market Update: Which Key Trends Would Catapult the Advanced Metering Infrastructure (AMI) Market in Asia Pacific?
Frost & Sullivan, Sep 2011, Pages: 192
This Frost & Sullivan research service, entitled Asia Pacific Advanced Metering Infrastructure Market Outlook, provides an in-depth analysis of the industry challenges, market drivers and restraints, industry trends and competitive environment. In this research Frost & Sullivan's expert analysts thoroughly examine the following geographic regions: Australia, New Zealand, Taiwan, South Korea and Japan.
Market Overview
Government Mandates to Promote Energy Efficiency Help Asia Pacific Advanced Metering Infrastructure Market to Reach $3,454.0 million by 2018
Increasing Awareness of Home Area Network Shifts the Spotlight to In-home Displays
Strong government mandates, operational efficiency requirements of utilities, demand-side participation, and the urgent need for ramping energy security are the major factors spearheading growth in the advanced metering infrastructure (AMI) market. Robust backing from governments across the Asia Pacific for ensuring sustainable power sector growth and efficient energy usage will keep the outlook for the AMI market buoyant over the next six to eight years. Home area network (HAN) technology is likely to witness a surge in demand in the next five years as many countries in the Asia Pacific are poised to deploy smart meters. “HAN allows customers to interface with utilities on load control and tiered pricing; it also lets them access real-time energy consumption information, thereby helping to reduce peak hour load and minimize energy usage costs,” notes the analyst of this research service. “For utilities, centralized data from multiple appliances and devices in consumers' homes will help provide differentiated services and reduce billing errors and costs.”
Although the market is gaining steady traction, there are some aspects clouding its landscape. AMI technology is witnessing fast-paced evolution, thereby creating major challenges for utilities. They are now hesitant to invest in technologies that are on the verge of obsolescence, have to gauge the merits of upgrading ageing grid infrastructure and keep the workforce abreast of the latest technology. Currently, AMI technologies being deployed are not suitable for mass-scale installation, thus making utilities more reluctant to adopt them on a large scale.
As the Asia Pacific AMI market is still at a nascent stage, it is not highly competitive, except in Australia and New Zealand. However, with the participation of local companies from South Korea, Japan, and Taiwan, the market is expected to become competitive over the medium and long terms. “As the governments in these regions promote local companies, competition is likely to become intense for international participants,” concludes the analyst. “This will compel foreign companies to reduce the prices of meters and communication networks, thus boosting the bargaining power of utilities.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following regional markets in this research:
- Australia
- New Zealand
- Taiwan
- South Korea
- Japan
Product samples
A sample for this product is available. Please Login/Register to download this sample.
|
|
|
|
