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Smart power: The industry will thrive on rising energy consumption and housing starts
Smart Meter Manufacturing
The Smart Meter Manufacturing industry has surged ahead during the past five years, fueled by growing demand for smart meters and aggressive adoption of the technology in states such as Texas and California. In addition to improving housing and construction activity, demand for industry products has benefited from a greater number of utilities converting to smart grids. Similar trends are expected in the five years to 2020, as a greater number of states and regions adopt smart grid utilities. Additonallly, emerging market grwoth will prompt healthy external demand.
This industry manufactures smart meters, which are electrical, gas or water meters that record consumption information in intervals of an hour or less and communicate this information back to the utility for monitoring and billing purposes. Smart meters enable two-way communication between the meter and the central system.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Semiconductor & Circuit Manufacturing in the US
Circuit Board & Electronic Component Manufacturing in the US
Electrical Equipment Manufacturing in the US
Power Conversion Equipment Manufacturing in the US
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United States is expected to see steady growth in the smart meter market. Government funding for smart meters has considerably reduced since 2009. But, demand for more grid stability will act as a majo ...
United Kingdom is expected to see steady growth in the smart meter market. Factors such as EU mandate for 80 % of meters to be smart meters by 2022 and the government policy to put greater emphasis on ...
Smart meters represent a transformative technology for the utility industry and its customers. These technologically advanced meters enable greater insight into the usage of energy and provide enhanced ...