Los Angeles, CA -- (SBWire) -- 11/01/2018 --This report studies the global Electricity Submetering For Smart Grid market status and forecast, categorizes the global Electricity Submetering For Smart Grid market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
A smart meter is an electronic device that records consumption of electric energy and communicates the information to the electricity supplier for monitoring and billing. Smart meters typically record energy hourly or more frequently, and report at least daily. Smart meters enable two-way communication between the meter and the central system. Such an advanced metering infrastructure (AMI) differs from automatic meter reading (AMR) in that it enables two-way communication between the meter and the supplier. Communications from the meter to the network may be wireless, or via fixed wired connections such as power line carrier (PLC). Wireless communication options in common use include cellular communications (which can be expensive), Wi-Fi (readily available), wireless ad hoc networks over Wi-Fi, wireless mesh networks, low power long range wireless (LORA), ZigBee (low power low data rate wireless), and Wi-SUN (Smart Utility Networks).
First of all, since the inception of electricity deregulation and market-driven pricing throughout the world, utilities have been looking for a means to match consumption with generation. Non-smart electrical and gas meters only measure total consumption, providing no information of when the energy was consumed. Smart meters provide a way of measuring this site-specific information, allowing utility companies to charge different prices for consumption according to the time of day and the season. Second, the markets in Europe and North America will be driven primarily by regional targets for energy-efficiency and reductions in energy.The large untapped consumer base and the increasing need to be energy efficient is expected to drive the submeter market in the Asia-Pacific region. In addition?high power cost, energy efficiency strategies and the need to partition utility power bills among individual customer for individual force utilization has driven the development of the business sector.
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The major players covered in this report
ABB
Cisco
Siemens
IBM
E-Mon
Honeywell International
Schneider Electric
Eaton Corporation
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
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Electricity Submetering for Smart Grid Market - Rapid Expansion of Businesses to Occur Owing to Uptake of Merger and Acquisition Strategies
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