SOURCE: MarketResearch.com

MarketResearch.com

January 19, 2011 10:08 ET

Global Electricity Metering Market Expected to Grow 56% by 2015

ROCKVILLE, MD--(Marketwire - January 19, 2011) - MarketResearch.com has announced the addition of ABS Energy Research's new report "Electricity Meter Report," to their collection of Energy market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2873978

The world is adopting advanced metering. So far 32 countries have decided to proceed and the global metering market will increase 56% in five years, with more to follow. However, it is not all good news. Amidst these exciting developments there are traps for the unwary. There are immediate hurdles to be jumped and long term pitfalls to be avoided. Not every deployment will offer the same opportunities to the international meter manufacturers. Some of the largest schemes are in markets which are not accessible to the international vendors.

To optimize the opportunity the good planner will direct resources to the countries where the chances are best and the report offers guidance on this. Long term the problem is that the dynamics of the market will be totally changed, in two ways. After the initial deployments in the next five to ten years two things will happen. There will be an immediate lull in demand.

On current plans for AMI, the European market alone will decline by almost 60% as large swathes of the meter fleet will have been completely renewed and will need no replacement. Another ripple to this comes with privatization in Eastern Europe as old electromechanical meters are being replaced by basic electronic meters, creating another category of new meter fleets. At some point after that replacement will recommence, and it will be based on a shorter meter life than in the traditional electromechanical meter installations, so demand will increase.

These issues are starting and as yet are not completely mapped because full plans are not yet known. They are discussed in the report and will be addressed in increasing detail in future issues of the report. They are crucial for meter company planners.

The ABS Electricity Meters Report Ed 8 2010 has measured the largest expansion of metering, already under way and about escalate significantly, both quantitative and qualitative. The report is redesigned and greatly expanded in scope compared with previous editions of this report. The changes and expansions have been designed to meet the need of the metering industry for information at their specific request. The metering companies have given strong support and have been generous in time and provision of information. We would like to acknowledge their generous support.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2873978

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