Abstract
Electricity metering is undergoing its greatest transformation since the
first meter was installed more than 120 years ago. Smart Metering,
integrating advanced communications with energy measurement, is on the front
lines of Smart Grid deployments, promising major energy savings by changing
how and when customers use electricity. Major utilities worldwide, enticed by
savings and prodded by governments, are embarking on wholesale replacement of
over 45% of the North American and European installed base by 2015, breaking
the traditional 15-20 year meter replacement cycle. This represents an
unprecedented - and time limited - opportunity for meter and
communications suppliers as a projected $19.5 billion of smart meters are
deployed worldwide between 2010 and 2015.
While smart metering energy, climate, and operating benefits may be common
around the world, the communications technologies, standards, and regulatory
environments are not. Multiple proprietary and semi-standard solutions exist
for a "network of networks" linking smart meters and consumers' in-home
devices into a cohesive energy infrastructure, but vendors, utilities,
governments, industry associations, and standards bodies are all exerting
different influences in each region. Pike Research forecasts that the
worldwide smart meter market will experience an aggressive 19% CAGR through
2015, but underneath regional waves of growth, peaks and valleys will likely
have disproportionate impacts on industry players.
This Pike Research report examines global and regional Smart Meter trends,
explores neighborhood-area and home-area communications technologies and
standards, defines "basic" versus "advanced" meter capabilities, and provides
detailed market forecasts by technology and world region. Key vendors,
standards, and deployments are profiled, offering a comprehensive window into
the dynamic market for smart metering..
Key questions addressed:
- What are Smart Meters, the different types, and how and when will they be
deployed?
- What are the key Smart Meter communications technologies, and how will
they evolve?
- How will Smart Meter deployment technologies and timing differ around the
world?
- How, when, and which Home Area Network technologies be deployed in Smart
Meters?
- What are the key policy, technology, and economic risks impacting the
Smart Meter market evolution?
Who needs this report?
- Advanced Metering Infrastructure hardware and software vendors
- Utilities considering Smart Meter adoption
- Traditional networking and telecommunications vendors
- In-home energy management and automation vendors
- Meter and communications components suppliers
- Clean technology and communications investors
- Government and energy policy makers
- Standards development organizations
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