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2024 年至 2031 年智慧电錶市场(按类型、通讯、最终用户、组件、技术和地区划分)Smart Energy Meters Market By Type, Communication (Radio Frequency, Power Line Communication ), End User, Component, Technology (Advanced Metering Infrastructure, Auto Meter Reading ), & Region For 2024-2031 |
智慧电錶市场正在迅速扩张,策略性举措和巨额投资计画设定了令人兴奋的轨迹。这个成长故事的核心是Energy Efficiency Services Limited(EESL),它是电力部下属的公共部门企业集团。日益增长的环境问题要求智慧能源表的应用,促使该市场的价值在 2023 年将超过 231 亿美元,到 2031 年将达到 363 亿美元。
高效的能源管理和电网现代化措施预计将大幅减少商业损失,并为全球能源产业的收入来源提供急需的推动力,智慧电錶的复合年增长率将达到 1.2%。
智慧电錶市场定义/概述
智慧能源表是一种追踪和监控电力、天然气和水消耗数据的电子设备。这些智慧能源表透过电力线通讯、射频电磁辐射 (RF) 和蜂窝连接提供详细的消耗数据,使公用事业公司能够更好地调节能源消耗。智慧能源表为组织和消费者带来了许多好处,包括降低抄表成本、防止断电、消除计费效率低以及降低重新连接成本。
随着电力网路资产日益电脑化,提供稳定、安全的电子通讯流至关重要。对安全无线供应的需求正在推动该市场的成长。
对老化基础设施进行现代化改造的需求推动了采用智慧计量和电网技术以提高效率、可靠性和弹性的需求激增。控制能源消耗、减少电网压力以及响应即时配电数据以远端监控和管理电网的需求使得使用智慧能源表成为必要。
太阳能和风能等再生能源的日益普及也推动了智慧电网基础设施的采用,以适应波动的发电量并确保电网稳定性。
城市化进程的加速推动了电力需求的快速增长,尤其是在中国和印度等人口大国,并刺激了对智慧电网基础设施的投资。因此,这些国家正致力于提高电网效率,减少能源损失,满足不断增长的能源需求,为市场创造了庞大的商机。
此外,人们对环境问题和能源效率的日益关注,推动了对永续解决方案的需求,以监控消费模式和实施效率措施,从而提高消费者和电力公司的效率双方都在推动智慧能源表的采用。
政府强制使用智慧能源表将有助于实现减少温室气体排放、能源消耗、电网弹性以及消费者对能源管理的意识和参与等目标。
蜂窝网路、射频 (RF) 和电力线通讯 (PLC) 等技术的整合有助于实现数据传输的可靠、经济高效并提高智慧电錶的性能。同样,数据分析平台和人工智慧(AI)将使人们从收集的能源消耗数据中获得更深入的洞察,从而实现更有效率的电网管理和有针对性的节能干预措施。
缺乏通讯协定和资料格式的全球标准预计会导致不同智慧电錶型号和公用事业系统之间的相容性问题。这造成了仪表之间互通性的问题,阻碍了其广泛采用。
对于资金紧张的消费者和公用事业公司来说,智慧能源表的维护和安装成本是一笔划算的开销。同样,需要强大的资料安全措施,因为解决资料隐私管理和能源消耗的解决方案成本过高。
此外,由于缺乏对智慧能源表的优势和安全性(包括资料安全、节能和最大限度降低低水平电磁辐射的健康风险)的瞭解,阻碍了其更广泛的应用。
智慧电錶极易受到网路攻击,这些攻击可能会破坏电网运作、操纵资料或侵犯消费者隐私,因此需要製定强大的网路安全措施。
The Smart Energy Meters Market is rapidly unfolding, marking an impressive trajectory driven by strategic initiatives and mammoth investment plans. Central to this growth story is the Energy Efficiency Services Limited (EESL) a conglomerate of public sector undertakings functioning under the aegis of the Ministry of Power. The growing environmental concerns is demanding application of smart energy meters, thereby enabling the market reach a valuation of USD 36.3 Billion by 2031, surpassingUSD 23.1 Billion, which was verified in 2023.
The focus on lowering power cutting through real-time monitoring is likely to further create lucrative opportunities for the market. the efficient energy management and grid modernization initiatives characteristics are expected to significantly reduce commercial losses and give the energy sector across the globe a much-needed boost to its revenue streams, helping the smart energy meter grow at aCAGR of 9.4%.
Smart Energy Meters Market: Definition/Overview
Smart Energy Meters are electronic devices that tracks and monitors the power, gas, and water consumption data. These smart energy meters may provide the details about the data consumed via power line communication, radiofrequency electromagnetic radiation (RF), and cellular connection, allowing the utility to better regulate energy consumption. Smart Energy Meters provide organizations and consumers with many advantages, including lower meter reading costs, the prevention of disconnection, the elimination of billing inefficiencies, and lower reconnection expenses.
It is essential to provide a stable and secure stream of electronic communications as the power network assets have become more computerized. The need for secure wireless supply is bolstering the growth of this market.
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The need to modernize the aging infrastructure is surging demand for inclusion of smart meters or grid technology to improve efficiency, reliability, and resilience. This demand for controlling energy consumption, reducing strain on grids, remote monitoring and managing the grid by addressing the real-time power distribution data is necessitating the use of smart energy meters.
Also, growing inclination toward renewable energy sources, like solar and wind power, is creating immense opportunities for the adoption of smart grid infrastructure for accommodating variable power generation and ensuring grid stability.
Growing urbanization is surging higher demand for electricity, especially in the heavily populated economies such as China, India, and others, driving investments in the smart grid infrastructure. Thereby, creating huge opportunities for the market in these countries focusing on improving grid efficiency, reducing energy losses, and catering growing energy demands.
In addition to this, growing environmental concerns and energy efficiency is bolstering demand for sustainable solutions to monitor the consumption patterns and implement efficiency measures, thereby empowering both the consumers and utilities to adopt smart energy meters.
Governments mandating use of smart energy meters is likely to help achieve goals such as lowering greenhouse gas emission, energy consumption, grid resilience, and consumer awareness and engagement in energy management.
Integration of technologies, including cellular networks, radio frequency (RF), and power line communication (PLC), help enhance reliability of data transfer, cost-effectiveness, and performance of smart meters. Likewise, data analytics platforms and artificial intelligence (AI) are enabling obtain deeper insights from collected energy consumption data, leading to more efficient grid management and targeted interventions for energy savings.
The lack of global standards for communication protocols and data formats is expected to create compatibility issues between different smart meter models and utility systems. Thereby, leading issues in interoperability between the meters, inhibiting its wide range applications.
The maintenance and installation charges of smart energy meter are non-budget friendly for the financially constrained consumers and utilities. Likewise, the inability to spend on solutions dealing with data privacy management and energy consumption are demanding robust data security measures.
Also, the lack of knowledge regarding the benefits and safety of smart energy meters such as data security, energy savings, and minimal health risks with low-level electromagnetic radiation emissions is impacting its broader adoption.
The high vulnerability of smart meters to cyberattacks will potentially disrupt grid operations, manipulate data, or compromise consumer privacy, surging need for implementation of robust cybersecurity measures and constantly updating security protocols are crucial to mitigate these risks.
According to our analyst, residential sector holds dominant position in the Smart Energy Meters Market, accounting for a significant portion of global deployments. This dominance is attributable to the larger consumer base using electricity in the residential sector in comparison to the commercial and industrial sectors.
Growing awareness regarding the impact of overconsumption of energy on the environment is encouraging the governments to focus on implementing sustainable measures such as smart energy meters for improving energy efficiency and advancing grid modernization. This smart technology also helps improve the bill accuracy, thereby helping control the spending on energy.
The addition of latest technologies is helping the smart energy meters decrease the cost, making them more accessible for the residential sector.
Does Advanced Metering Infrastructure (AMI) technology Hold Dominant Position in the Market?
The advanced metering infrastructure (AMI) segment is anticipated to hold a major share in the global Smart Energy Meters Market over the forecast period. Despite its higher cost, remote monitoring and management offered by AMI is projected to enhance its application for improving the grid stability.
Also, the additional features such as tamper detection, remote control, and power quality monitoring capabilities are projected to boost its application across various sectors including residential, industrial, and commercial.
While the initial investment is higher, the benefits such as grid efficiency, data-driven decision making, and potential cost savings in the long run offered by AMIs is likely to bolster its adoption.
Asia Pacific is estimated to dominate the global Smart Energy Meters Market over the forecast period. The economic growth in Asia Pacific is promoting grid modernization along with the support of government, increasing adoption of smart energy meters.
Also, growing population is leading to rapid urbanization, resulting in higher demand for these smart solutions, enabling the market grow at a substantial rate.
The government supporting promotion of installation of smart energy meters owing to it benefits such improving bill accuracy and energy-savings is also on the rise in the region, profiting the market.
Furthermore, the presence of local manufacturers in this region is increasing accessibility of customers and utilities to affordable smart meters suitable for residential applications in emerging economies.
According to the Verified Market Research analysts, through regulatory initiatives, like the EU Clean Energy Package, Energy Efficiency Directive, and Renewable Energy Directive, promoting energy efficiency and grid modernization enable Europe exhibit steady growth. In order to encourage widespread adoption and investment in smart metering infrastructure across European nations, these regulations mandate the installation of smart meters for gas and electricity consumers. Europe's obligation to decreasing ozone depleting substance emanations and changing towards sustainable power sources requires proficient energy the board and framework improvement.
Brilliant energy meters assume a critical part in empowering request reaction, energy productivity projects, and coordination of sustainable power assets into the lattice. As European nations speed up their energy change endeavors, the interest for savvy meters keeps on developing, reinforcing the business' development in the district.
Growing demand for the energy saving and grid modernization is encouraging the manufacturers to develop sustainable and smart solutions, thereby increasing its global application. Market competitors are constantly striving to improve the efficiency, safety, and overall performance of smart energy meters to cater to the needs of consumers and utilities, resulting in a dynamic and competitive environment within the sector.
Some of the prominent players operating in the Smart Energy Meters Market include:
Landis+Gyr, Itron Inc., Elster Group GmbH (Honeywell), Siemens AG, Schneider Electric SE, Kamstrup A/S, Sensus (Xylem Inc.), Wasion Group Holdings Limited, Holley Technology Ltd., Neptune Technology Group Inc., Aclara Technologies LLC, Trilliant Holdings Inc., EDMI Limited, Iskraemeco, Osaki Electric Co., ADD Grup SRL, Badger Meter, ABB Ltd., Sagemcom SAS, Hexing Electric Company Ltd., and Microchip Technology Inc.
In February 2024, Itron, Inc. announced a new brand identity reflecting the organization's evolution and a new era of offering advanced intelligence to develop a more resourceful world. They plan on focusing on sustainability and resourcefulness overcome challenges of water and energy scarcity.
In November 2022, Landis Gyr has expanded its portfolio in Smart Metering, Grid Edge Intelligence and Smart Infrastructure fields and will be exhibiting the latest hardware and software solutions for electricity, heat, gas, and water metering.
In September 2022, EDMI has launched its brand MIRA which are communications agnostic, enabling end-to-end visibility and control based on industry standard protocols such as DLMS, IDIS, and LIWM2M over a wide range of bearer services including 4G, NB-IoT, RF Mesh.
In October 2021, Siemens Smart infrastructure and its partners, Sagemcom and Bite Lietuva, participated in the rollout of 12 Million smart meters across Lithuania.