- Language: English
- Published: January 2013
- Region: Global
Global Smart Energy Meter Market 2012-2016
- Published: July 2013
- Region: Global
- 54 Pages
The analysts forecast the Global Smart Energy Meter market to grow at a CAGR of 24.25 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in the accuracy of billing after the installation of a smart energy meter. The Global Smart Energy Meter market has also been witnessing increasing interest by regulatory authorities. However, lack of industry standards could pose a challenge to the growth of this market.
The report, the Global Smart Energy Meter Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global Smart Energy Meter market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space include Echelon Corp., Elster Group SE, GE Energy LLC, Itron Inc., Landis+Gyr AG, and Sensus USA Inc.
Key questions answered in this report:
- What will the market size be in 2016 and what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?
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01. Executive Summary
02. List of Abbreviations
04. Market Research Methodology
Market Research Process
05. Scope of the Report
06. Market Landscape
06.1 Market Size and Forecast
06.2 End-user Segmentation
06.3 Five Forces Analysis
07. Geographical Segmentation
08. Key Leading Countries
09. Vendor Landscape
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Key Vendor Analysis
16.1 Echelon Corp.
Revenue Generation by Region
16.2 Elster Group SE
16.3 General Electric (GE) Energy LLC
16.4 Itron Inc.
16.5 Landis+Gyr AG
16.6 Sensus USA Inc.
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global Smart Energy Meter Market 2012-2016 (US$ billion)
Exhibit 3: Global Smart Energy Meter Market by End-user Segmentation 2012
Exhibit 4: Global Smart Energy Meter Market by Geographical Segmentation 2012
Exhibit 5: Global Smart Energy Meter Market by Country Segmentation 2012
Exhibit 6: Global Smart Energy Meter Market by Vendor Segmentation 2012
Exhibit 7: Product Segmentation of Echelon Corp.
Exhibit 8: Revenue Generation of Echelon Corp. by Region 2012 (percent)
Exhibit 9: Business Segmentation of Elster Group SE. 2011 (percent)
Exhibit 10: Itron Inc. Business Segmentation and End-users
Exhibit 11: Sensus USA Inc. Business Segmentation
Commenting on the report, an analyst from the team said: “One of the main trends witnessed in the Global Smart Energy Meter market is the preference for wireless smart energy meters over wired meters. The utilities are shifting their preference from the wired meters to wireless meters. Advanced Meter Infrastructure (AMI) technology allows utilities to build a wireless two way communication system. For many years, a majority of the utilities have obtained data through monthly manual meter checks, which have proved to be inaccurate. Hence, the advanced wireless smart energy meters are gaining in popularity as they provide consumers with real-time pricing information.”
According to the report, one of the main factors driving the market is the introduction of usage based tariff plans. Smart energy meters have enabled utilities to introduce usage based tariffs, which work to the consumers' advantage. The consumers can use energy depending on the peak-hour and non-peak hour usage slab.
Further, the report states that one of the main challenges is the resistance from consumers. Consumers, particularly in the US, have opposed the installation of smart energy meters due to reasons such as lack of community involvement, lack of credibility of the meters, and health concerns. The consumers have especially raised their voice against the negative impact these devices have on their health.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Echelon Corp.
- Elster Group SE
- GE Energy LLC
- Itron Inc.
- Landis+Gyr AG
- Sensus USA Inc.