Smart meters have an essential role in the transformation of the distribution infrastructure used to deliver natural gas and water to households and commercial and industrial consumers. A number of utilities across the world are keen to upgrade their existing metering infrastructure to smart meters which play a critical role in the smart grid infrastructure.
The worldwide market for smart meters has seen robust growth from the beginning of this decade with a number of utilities in North America and Europe upgrading energy (electricity & gas) and water distribution infrastructure by deploying smart meters. Emerging economies in Asia-Pacific, Latin America, and Eastern Europe are leapfrogging technologies that can be adapted to their domestic market requirements. Cost of implementation and the value proposition in smart meters are key benchmarks in smart gas meter and smart water meter deployments.
The report provides a detailed overview of the historical deployments and forecasts the demand for a smart meters with key services and value proposition within the emerging smart gas and water meter market. This market forecast includes data by installed base, shipments, and revenues for key regions covering North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.