The installed base of communicating meters will be about 35 percent globally, due to a twofold growth in the global installed base of advanced (communicating) electricity meters.
The global base of advanced (communicating) electricity meters is set to double by the end of 2016, as per a report by IMS Research, noting that only 18 percent of 1.43 billion installed meters were communicating by the end of 2011.
The report, “The World Market for Smart Electricity Meters – 2012 Edition,” says a mixture of fixed network technologies is anticipated to be installed worldwide from 2012.
These technologies will range from simpler RS485-wired types to next-generation smart two-way PLC-OFDM meters.
“In 2011 the market for advanced meters reached new heights; North American shipments remained strong, while shipments to China and Spain began in earnest,” said IMS Research lead analyst, Michael Markides.
In 2011, the range of communicating meters included GPRS (cellular) enabled C&I meters (commercial and industrial), residential smart two-way meters, and the ones featuring the older one-way AMR (Advanced Meter Reading) style technology.
From 2012 onward, a mixture of fixed network technologies is anticipated to be installed worldwide, ranging from simpler RS485-wired types to next-generation smart two-way PLC-OFDM meters.
The future growth of the global smart meter market, according to the report, depends on developing economies such as China, Brazil and India. China is the only significant market for advanced meters these days.
“In the next five years, most developed countries and industrializing, developing nations will have thriving advanced electricity meter markets,” added Markides.
Advanced metering solutions are in much demand. Last month, two members of the California Municipal Utilities Association selected and implemented advanced metering solutions featuring Elster's EnergyAxis system.
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Edited by Braden Becker