From advanced smart metering technology to renewables, we have the solutions, services and technology to bring your grid into the modern digital age. The global smart commercial electricity meter market is segmented into technology such as advanced metering infrastructure (ami) and automatic meter reading (amr) further, advanced metering. How many smart meters are installed in the united states, and who has them in 2016, us electric utilities had about 708 million advanced (smart) metering infrastructure (ami) installations. Smart meter power supply designers need into take account of concerns such as energy efficiency, fraud protection, and reliable operation if the electrical supply fails in regards to efficiency, smart electricity meters have the luxury to have a grid power source and, even in this case, consumption. The global smart meter market is estimated to reach $104bn by 2022, driven by rising emissions, domestic energy resource constraints, ageing infrastructure and the growing demand and cost of electricity, says globaldata a leading data and analystics company.
Worldwide how government works get involved smart meters statistics smart meters, great britain, quarter 3 2014 added to the collection. Us smart meter deployments to hit 70m in 2016, 90m in 2020 more than half the country now has two-way digital electric meters what are utilities doing with them. Asia pacific smart meters market is expected to grow at a cagr of 48% from 2016 to 2025 asia pacific is the fastest growing region by revenue but the growth rate by volume is moderate, which portrays a high growth potential in the region over the forecast period. The market for smart meter is expected to grow at cagr of 111% from 2014 to 2020 north america is the largest market in terms of unit shipments and revenues due to government initiative by making installation mandatory in some states.
Smart gas market by devices (smart gas meters, amr gas meters, communication modules), solutions (scada, gis, eam, mobile workforce management, mdm, analytics, leak detection), services. The global market for fingerprint sensors in mobile devices is expected to become a multi-billion dollar market by 2019 while north america has been the key driver of fingerprint sensor adoption during the early years, adoption in the apac region is expected to take the lead in 2015. Installed base of smart meters (eu28+2 2012-2019) in the european smart metering market the uk broke platform for smart metering and other smart grid. Advanced metering infrastructure (ami) market by smart meters (electric, gas meter communication infrastructure (mci), security, analytics - worldwide market forecasts and analysis (2014. Ami smart water meters market is predicted to grow over 28% by 2024 the use of ami systems is attributed to quick detection of water leakages, reduction in water wastage and improved water supply.
World smart meters market global opportunity and industry forecasts 2014 - 2022 favorable government policies along with fiscal incentives is a key factor driving the smart meters market. The global market for smart meters is expected to reach usd 22,177 million by 2020, according to a new study by grand view research, inc smart meters provide two-way communication and benefits including time-based rates, faster power outage detection and resolution, and dynamic pricing among others. Market study report titled global smart water meters market 2018 industry research report recently published on marketbiz is the key document for industries/clients to understand current global competitive market status.
Big market research has announced a new report package. World smart meters market report offers insights on drivers & opportunities and key segments to help in gaining information about past progress, current dynamics, and scenario for the forecast period. Visiongain determined that the value of the global smart meter market smart grid meters as of april 2014 meters based on osgp are deployed worldwide. Investor presentation june 2014 source: ihs research (formerly ims research): world market meter reports, growing smart grid global opportunity.
European smart metering landscape report / may 2014 utilities and consumers smart meters the market for using smart meter data and functionalities to create. 2014 global smart meter industry report is a professional and in-depth research report on the world's major regional market conditions of the smart meter industry, focusing on the main regions (north america, europe and asia) and the main countries (united states, germany, japan and china. 1) itron- it is the largest manufacturers of smart meters in the world, with a huge marketshare in its home american market itron(nsdq: itri) is one of the biggest independent smart grid companies in the world with 8000 utility customers it has used its expertise in making meters for gas and water to win large contracts in the electric smart.