US smart meter product and service demand is projected to increase 11.3 percent annually to $4.4 billion in 2016. Gains will be driven by the rising penetration of smart meters, particularly advanced metering infrastructure (AMI) products. The rising share of smart meters in use will support demand for parts and services.
This study analyzes the $2.6 billion US smart meter product and service industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by product (e.g., advanced metering infrastructure meters, automatic meter reading meters), market (electric utilities, water utilities, natural gas utilities) and US geographic region.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 24 industry participants, including Itron, Toshiba and Sensus USA.