Electrical Industry Today

Electricity Submetering For Smart Grid Market size and analysis by leading Players with its application and types 2018-2023

Utility submetering is a system that allows a landlord, property management firm, condominium association, homeowners association, or other multi-tenant property to bill tenants for individual measured utility usage. The approach makes use of individual water meters, gas meters, or electricity meters.
Published 02 July 2018
Electricity Submetering For Smart Grid Market
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.
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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.
Key Players Electricity Submetering For Smart Grid are :
ABB, Cisco, Siemens, IBM, E-Mon, Honeywell International, Schneider Electric, Eaton Corporation.
Key Regions of Electricity Submetering For Smart Grid is:
United States, North America, Europe, Asia-Pacific, South America, Middle East and Africa.
Key Applications of Electricity Submetering For Smart Grid is:
Utilities, Home.
Key Types of Electricity Submetering For Smart Grid is:
Class 100 Meter, Class 200 Meter, Class 320 Meter, Class 340 Meter, Class 500 Meter Others .
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Research objectives
To study and analyze the global Electricity Submetering For Smart Grid market size by key regions/countries, product type and application, history data from 2013 to 2018, and forecast to 2023.
To understand the structure of Electricity Submetering For Smart Grid market by identifying its various sub-segments.
Focuses on the key global Electricity Submetering For Smart Grid players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electricity Submetering For Smart Grid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Electricity Submetering For Smart Grid sub-markets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Key Question for this Market Report:
What is Manufacturing Cost Structure Analysis of Electricity Submetering For Smart Grid ?
Who will be the key manufacturers in this particular Market space?
What is the trending factors influencing the Market shares in next few years?
All aspects of the report are quantitatively as well as qualitatively assessed to study the Global as well as regional market comparatively. The basic information such as the definition, prevalent chain and the government regulations pertaining are also discussed in the report.

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