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Smart Meter Market Analysis – A Bullish Year Ahead!

Design of a smart meter depends on the requirements of the utility company as well as the customer. In fact, deployment of smart meters needs proper selection and implementation of a communication network satisfying the security standards of smart grid communication. Advantages of smart meters include control over consumption and cost, accurate billing, innovative pricing models and environmental benefits

The Dominance of China

smart meterChinese dominance will be prominently visible in the smart meters market. Reports state that 56.2% of the total shipments of smart meters will be seen in China. China has long dominated the renewable specifically the solar market. With new intelligent energy, demand grows the ancillary and other associated technology will also rise. The country continued the replacement cycle on an eighth-yearly basis.

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Niloy Banerjee

A generic movie-buff, passionate and professional with print journalism, serving editorial verticals on Technical and B2B segments, crude rover and writer on business happenings, spare time playing physical and digital forms of games; a love with philosophy is perennial as trying to archive pebbles from the ocean of literature. Lastly, a connoisseur in making and eating palatable cuisines.

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