Smart Meters to 2016

Study #: 2844
Document Type: Industry Study
Date Published: Feb-2012
Format:    Full study: PDF    Section, Pages, Tables and Charts: HTML
Pages: 257
Full Study Price: $4,900.00

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.         TABLE OF CONTENTS SECTION PAGE INTRODUCTION ix I. EXECUTIVE SUMMARY 1 II. MARKET ENVIRONMENT 4 General 4 Economic Environment 4 Fixed Investment 8 Construction Outlook 11 Electricity Generation 14 Electric Generating Capacity 18 Electricity Consumption 21 Natural Gas Outlook 23 Water Distribution Outlook 25 Water & Sewer Spending 29 World Outlook 30 III. REGULATIONS & TECHNOLOGY 32 Regulations & Standards 32 Electric 32 Electric Utility Deregulation 33 Wholesale Deregulation 34 Retail Deregulation 37 Growth of Distributed Generation 40 Net Metering 41 Renewable Energy Portfolio Standards 43 Natural Gas 47 Water 49 Other 51 Energy Efficiency Resource Standards 52 Electric 52 Natural Gas 55 Smart Grid 57 Smart Meters 58 Technology 59 Smart Grid 60 Communications & Grid Integration 63 Radio Frequency 63 Cellular 64 Power Line Communication 65 Meter Data Management 65 Smart Meter Security 66 IV. PRODUCTS 69 General 69 Meters 72 Demand 73 Smart Meter Penetration 76 Advanced Metering Infrastructure (AMI) Meters 79 Automatic Meter Reading (AMR) Meters 82 Leading Meter Suppliers 84 Parts & Accessories 86 Meter & Control Software 87 Communications Modules & Controls 89 Other 91 System Installation & Integration Services 92 V. MARKETS 95 General 95 Electric Utilities 97 Electric Utility Outlook 98 Smart Meter Penetration 100 Smart Meter Demand 102 Investor-Owned Utilities 104 Public Utilities 105 Cooperative Groups 107 Independent Power Producers 108 Water Utilities 109 Water Utility Outlook 109 Smart Meter Penetration 110 Smart Meter Demand 112 Public Utilities 114 Investor-Owned Utilities 115 Cooperative Groups 116 Natural Gas Utilities 116 Gas Utility Outlook 117 Smart Meter Penetration 119 Smart Meter Demand 121 Investor-Owned Utilities 123 Public Utilities 124 Cooperative Groups 125 Independent Gas Marketing Firms 125 VI. REGIONAL 127 General 127 Regional Demographic & Economic Trends 128 Population Patterns 129 Economic Outlook 131 Construction Outlook 133 Smart Meter Demand 135 Northeast 138 New England 140 Middle Atlantic 140 Midwest 141 East North Central 144 West North Central 145 South 147 South Atlantic 149 East South Central 151 West South Central 152 West 153 Mountain 156 Pacific 158 VII. INDUSTRY STRUCTURE 161 General 161 Industry Composition 161 Market Share 165 Product Development 168 Manufacturing 170 Marketing 171 Cooperative Agreements 172 Mergers & Acquisitions 183 Company Profiles 185 Aclara Power-Line Systems, see ESCO Technologies Aclara RF Systems, see ESCO Technologies Aclara Software, see ESCO Technologies Arad Group 186 Badger Meter Incorporated 188 Capstone Metering LLC 191 Cooper Industries plc 192 Datamatic Limited 194 Dresser, see General Electric E-Mon, see Honeywell International Echelon Corporation 195 Ecologic Analytics, see Toshiba Elster Group SE 198 eMeter, see Siemens ESCO Technologies Incorporated 203 GE Digital Energy, see General Electric General Electric Company 206 Holley Metering Limited 208 Honeywell International Incorporated 210 IBM, see International Business Machines Inovonics Wireless, see Roper Industries International Business Machines Corporation 212 Itron Incorporated 214 Landis+Gyr, see Toshiba Master Meter, see Arad Group Mueller Water Products Incorporated 220 Neptune Technology Group, see Roper Industries Oracle Corporation 222 OSIsoft LLC 224 Roper Industries Incorporated 225 Schneider Electric SA 228 Sensus USA Incorporated 230 Siemens AG 233 Silver Spring Networks Incorporated 235 SmartSynch Incorporated 238 Tantalus Systems Corporation 240 Telvent GIT, see Schneider Electric Toshiba Corporation 242 Other Smart Meter Companies 247 LIST OF TABLES TABLE NUMBER PAGE SECTION I -- EXECUTIVE SUMMARY Summary Table 3 SECTION II -- MARKET ENVIRONMENT 1 Macroeconomic Indicators 8 2 Nonresidential Fixed Investment 11 3 Construction Expenditures 14 4 Electricity Generation by Generator & Fuel Type 18 5 Electric Generating Capacity 20 6 Electricity Demand by End User 22 7 Natural Gas Outlook 25 8 Water Withdrawal & Use 28 9 Water & Sewer Construction Expenditures 30 SECTION III -- REGULATIONS & TECHNOLOGY 1 Overview of State Renewable Energy Portfolio Standards 46 2 Overview of State Energy Efficiency Resource Standards for Electricity 53 3 Overview of State Energy Efficiency Resource Standards for Natural Gas 56 SECTION IV -- PRODUCTS 1 Smart Meter Product & Service Demand 72 2 Smart Meter Demand by Type 75 3 Smart Meters in Use by Type 78 4 AMI Meter Demand by Type 81 5 AMR Meter Demand by Type 84 6 Smart Meter Part & Accessory Demand 87 7 Smart Meter System Installation & Integration Demand 94 SECTION V -- MARKETS 1 Smart Meter Product & Service Demand by Market & Application 96 2 Electric Utility Indicators 100 3 Smart Electric Meter Penetration 101 4 Electric Utility Demand for Smart Meters 104 5 Water Utility Indicators 110 6 Smart Water Meter Penetration 112 7 Water Utility Demand for Smart Meters 114 8 Natural Gas Utility Indicators 119 9 Smart Natural Gas Meter Penetration 121 10 Natural Gas Utility Demand for Smart Meters 123 SECTION VI -- REGIONAL 1 Population by Region 131 2 Gross Domestic Product by Region 133 3 Construction Expenditures by Region 135 4 US Smart Meter Product & Service Demand by Region 137 5 Northeast Smart Meter Product & Service Demand 139 6 Midwest Smart Meter Product & Service Demand 144 7 South Smart Meter Product & Service Demand 149 8 West Smart Meter Product & Service Demand 156 SECTION VII -- INDUSTRY STRUCTURE 1 US Smart Meter Product & Service Sales by Company, 2011 164 2 Selected Cooperative Agreements 174 3 Selected Acquisitions & Divestitures 184 LIST OF CHARTS CHART NUMBER PAGE SECTION III -- REGULATIONS & TECHNOLOGY 1 Status of Retail Electric Utility Deregulation, 2011 39 SECTION IV -- PRODUCTS 1 Smart Meter Demand by Type, 2001-2021 76 2 Smart Meter Penetration Rates, 2001-2021 79 3 Smart Meter Market Share, 2011 86 SECTION V -- MARKETS 1 Smart Meter Demand by Market, 2001-2021 97 SECTION VI -- REGIONAL 1 US Smart Meter Product & Service Demand by Region 137 SECTION VII -- INDUSTRY STRUCTURE 1 Smart Meter Product & Service Market Share, 2011 166 Related Links World Water Disinfection Products to 2014 Electric Transmission & Distribution (T&D) Equipment to 2015 World Fuel Cells to 2015 Shale Gas: Products & Services to 2015 World Major Household Appliances to 2015 Click here to view PDF of study brochure in full screen.                        Smart Meters to 2016 $4,900.00 INTRODUCTION - SMART METERS TO 2016 $0.00 Methodology & Sources of Information $0.00 EXECUTIVE SUMMARY - SMART METERS TO 2016 $95.00 Overview $35.00 SMART METER PRODUCT & SERVICE DEMAND (million dollars) 2006 - 2021 $60.00 MARKET ENVIRONMENT - SMART METERS TO 2016 $1,310.00 Economic Environment (1 of 4) $35.00 Economic Environment (2 of 4) $35.00 Economic Environment (3 of 4) $35.00 Economic Environment (4 of 4) $35.00 MACROECONOMIC INDICATORS (billion 2005 dollars) 2001 - 2021 $60.00 Fixed Investment (1 of 2) $35.00 Fixed Investment (2 of 2) $35.00 NONRESIDENTIAL FIXED INVESTMENT (billion dollars) 2001 - 2021 $60.00 Construction Outlook (1 of 3) $35.00 Construction Outlook (2 of 3) $35.00 Construction Outlook (3 of 3) $35.00 CONSTRUCTION EXPENDITURES (billion dollars) 2001 - 2021 $60.00 Electricity Generation (1 of 3) $35.00 Electricity Generation (2 of 3) $35.00 Electricity Generation (3 of 3) $35.00 ELECTRICITY GENERATION BY GENERATOR & FUEL TYPE (billion kilowatt hours) 2001 - 2021 $60.00 Electric Generating Capacity (1 of 2) $35.00 Electric Generating Capacity (2 of 2) $35.00 ELECTRIC GENERATING CAPACITY (net summer capacity million kilowatts) 2001 - 2021 $60.00 Electricity Consumption $35.00 ELECTRICITY DEMAND BY END USER (billion kilowatt hours) 2001 - 2021 $60.00 Natural Gas Outlook (1 of 2) $35.00 Natural Gas Outlook (2 of 2) $35.00 NATURAL GAS OUTLOOK (trillion cubic feet) 2001 - 2021 $60.00 Water Distribution Outlook (1 of 3) $35.00 Water Distribution Outlook (2 of 3) $35.00 Water Distribution Outlook (3 of 3) $35.00 WATER WITHDRAWAL & USE (trillion gallons) 2001 - 2021 $60.00 Water & Sewer Spending $35.00 WATER & SEWER CONSTRUCTION EXPENDITURES 2001 - 2021 $60.00 Smart Meters - World Outlook $35.00 REGULATIONS & TECHNOLOGY - SMART METERS TO 2016 $1,195.00 Regulations & Standards - Electricity $35.00 Electric Utility Deregulation (1 of 5) $35.00 Electric Utility Deregulation (2 of 5) $35.00 Electric Utility Deregulation (3 of 5) $35.00 Electric Utility Deregulation (4 of 5) $35.00 Electric Utility Deregulation (5 of 5) $35.00 STATUS OF RETAIL ELECTRIC UTILITY DEREGULATION, 2011 $35.00 Electricity - Growth of Distributed Generation $35.00 Electricity - Net Metering (1 of 2) $35.00 Electricity - Net Metering (2 of 2) $35.00 Electricity - Renewable Energy Portfolio Standards (1 of 2) $35.00 Electricity - Renewable Energy Portfolio Standards (2 of 2) $35.00 OVERVIEW OF STATE RENEWABLE ENERGY PORTFOLIO STANDARDS $60.00 Regulations & Standards - Natural Gas (1 of 2) $35.00 Regulations & Standards - Natural Gas (2 of 2) $35.00 Regulations & Standards - Water (1 of 3) $35.00 Regulations & Standards - Water (2 of 3) $35.00 Regulations & Standards - Water (3 of 3) $35.00 Energy Efficiency Resource Standards - Electricity $35.00 OVERVIEW OF STATE ENERGY EFFICIENCY RESOURCE STANDARDS FOR ELECTRICITY $60.00 OVERVIEW OF STATE ENERGY EFFICIENCY RESOURCE STANDARDS FOR NATURAL GAS $60.00 Smart Grid - Regulations & Standards $35.00 Smart Meters - Regulations & Standards $35.00 Technologies Related to Smart Meters $35.00 Smart Grid Technology (1 of 3) $35.00 Smart Grid Technology (2 of 3) $35.00 Smart Grid Technology (3 of 3) $35.00 Communications & Grid Integration Technologies (1 of 2) $35.00 Communications & Grid Integration Technologies (2 of 2) $35.00 Meter Data Management Systems $35.00 Smart Meter Security (1 of 2) $35.00 Smart Meter Security (2 of 2) $35.00 PRODUCTS - SMART METERS TO 2016 $1,360.00 Overview (1 of 3) $35.00 Overview (2 of 3) $35.00 Overview (3 of 3) $35.00 SMART METER PRODUCT & SERVICE DEMAND (million dollars) 2001 - 2021 $60.00 Smart Meters - General $35.00 Smart Meters - Demand (1 of 2) $35.00 Smart Meters - Demand (2 of 2) $35.00 SMART METER DEMAND BY TYPE 2001 - 2021 $60.00 Smart Meters - Penetration (1 of 2) $35.00 Smart Meters - Penetration (2 of 2) $35.00 SMART METERS IN USE BY TYPE (million units) 2001 - 2021 $60.00 SMART METER PENETRATION RATES, 2001 - 2021 (percent of total installed meters) $60.00 Advanced Metering Infrastructure (AMI) Meters (1 of 2) $35.00 Advanced Metering Infrastructure (AMI) Meters (2 of 2) $35.00 AMI METERS IN USE BY TYPE (million units) 2001 - 2021 $60.00 AMI METER DEMAND BY TYPE (thousand units) 2001 - 2021 $60.00 Automatic Meter Reading (AMR) Meters $35.00 AMR METERS IN USE BY TYPE (million units) 2001 - 2021 $60.00 AMR METER DEMAND BY TYPE (thousand units) 2001 - 2021 $60.00 Leading Smart Meter Suppliers $35.00 SMART METER MARKET SHARE BY TOP COMPANIES, 2011 (percent) $60.00 Smart Meters - Parts & Accessories $35.00 SMART METER PART & ACCESSORY DEMAND (million dollars) 2001 - 2021 $60.00 Smart Meter & Control Software (1 of 2) $35.00 Smart Meter & Control Software (2 of 2) $35.00 Smart Meters - Communications Modules & Controls (1 of 2) $35.00 Smart Meters - Communications Modules & Controls (2 of 2) $35.00 Smart Meters - Other Parts & Accessories $35.00 Smart Meters - Installation & Integration Services (1 of 2) $35.00 Smart Meters - Installation & Integration Services (2 of 2) $35.00 SMART METER SYSTEM INSTALLATION & INTEGRATION DEMAND (million dollars) 2001 - 2021 $60.00 MARKETS - SMART METERS TO 2016 $1,405.00 Overview $35.00 SMART METER PRODUCT & SERVICE DEMAND BY MARKET & APPLICATION (million dollars) 2001 - 2021 $60.00 Electric Utilities - Outlook (1 of 2) $35.00 Electric Utilities - Outlook (2 of 2) $35.00 ELECTRIC UTILITY INDICATORS (billion dollars) 2001 - 2021 $60.00 Electric Utilities - Smart Meter Penetration $35.00 SMART ELECTRIC METER PENETRATION 2001 - 2021 $60.00 Electric Utilities - Smart Meter Demand (1 of 2) $35.00 Electric Utilities - Smart Meter Demand (2 of 2) $35.00 ELECTRIC UTILITY DEMAND FOR SMART METERS (million dollars) 2001 - 2021 $60.00 Investor-Owned Electric Utilities - Smart Meter Demand $35.00 Public Electric Utilities - Smart Meter Demand $35.00 Cooperative Electric Utilities - Smart Meter Demand $35.00 Independent Electric Power Producers - Smart Meter Demand $35.00 Water Utilities - Outlook $35.00 WATER UTILITY INDICATORS 2001 - 2021 $60.00 Water Utilities - Smart Meter Penetration $35.00 SMART WATER METER PENETRATION 2001 - 2021 $60.00 Water Utilities - Smart Meter Demand (1 of 2) $35.00 Water Utilities - Smart Meter Demand (2 of 2) $35.00 WATER UTILITY DEMAND FOR SMART METERS (million dollars) 2001 - 2021 $60.00 Public Water Utilities - Smart Meter Demand $35.00 Investor-Owned & Cooperative Water Utilities - Smart Meter Demand $35.00 Natural Gas Utilities - Outlook (1 of 2) $35.00 Natural Gas Utilities - Outlook (2 of 2) $35.00 NATURAL GAS UTILITY INDICATORS 2001 - 2021 $60.00 Natural Gas Utilities - Smart Meter Penetration $35.00 SMART NATURAL GAS METER PENETRATION 2001 - 2021 $60.00 Natural Gas Utilities - Smart Meter Demand $35.00 NATURAL GAS UTILITY DEMAND FOR SMART METERS (million dollars) 2001 - 2021 $60.00 Investor-Owned Natural Gas Utilities - Smart Meter Demand $35.00 Public Natural Gas Utilities - Smart Meter Demand $35.00 Cooperative Groups & Independent Natural Gas Marketing Firms - Smart Meter Demand $35.00 REGIONAL - SMART METERS TO 2016 $1,320.00 General $35.00 Regional Demographic & Economic Trends $35.00 Regional Population Patterns $35.00 POPULATION BY REGION (million persons) 2001 - 2021 $60.00 Regional Economic Outlook $35.00 GROSS DOMESTIC PRODUCT BY REGION (billion dollars) 2001 - 2021 $60.00 Regional Construction Outlook $35.00 CONSTRUCTION EXPENDITURES BY REGION (billion dollars) 2001 - 2021 $60.00 Regional Smart Meter Demand $35.00 US SMART METER PRODUCT & SERVICE DEMAND BY REGION (million dollars) 2001 - 2021 $60.00 Northeast Region - Smart Meter Demand $35.00 NORTHEAST SMART METER PRODUCT & SERVICE DEMAND (million dollars) 2001 - 2021 $60.00 New England States - Smart Meter Demand $35.00 Middle Atlantic States - Smart Meter Demand $35.00 Midwest Region - Smart Meter Demand (1 of 2) $35.00 Midwest Region - Smart Meter Demand (2 of 2) $35.00 MIDWEST SMART METER PRODUCT & SERVICE DEMAND (million dollars) 2001 - 2021 $60.00 East North Central States - Smart Meter Demand $35.00 West North Central States - Smart Meter Demand $35.00 South Region - Smart Meter Demand (1 of 2) $35.00 South Region - Smart Meter Demand (2 of 2) $35.00 SOUTH SMART METER PRODUCT & SERVICE DEMAND (million dollars) 2001 - 2021 $60.00 South Atlantic States - Smart Meter Demand $35.00 East South Central States - Smart Meter Demand $35.00 West South Central States - Smart Meter Demand $35.00 West Region - Smart Meter Demand (1 of 2) $35.00 West Region - Smart Meter Demand (2 of 2) $35.00 WEST SMART METER PRODUCT & SERVICE DEMAND (million dollars) 2001 - 2021 $60.00 Mountain States - Smart Meter Demand (1 of 2) $35.00 Mountain States - Smart Meter Demand (2 of 2) $35.00 Pacific States - Smart Meter Demand (1 of 2) $35.00 Pacific States - Smart Meter Demand (2 of 2) $35.00 INDUSTRY STRUCTURE - SMART METERS TO 2016 $745.00 Industry Composition (1 of 2) $35.00 Industry Composition (2 of 2) $35.00 US SMART METER PRODUCT & SERVICE SALES BY COMPANY, 2011 (million dollars) $60.00 Market Share (1 of 3) $35.00 Market Share (2 of 3) $35.00 Market Share (3 of 3) $35.00 SMART METER PRODUCT & SERVICE MARKET SHARE BY TOP COMPANIES, 2011 (percent) $60.00 Product Development $35.00 Manufacturing (1 of 2) $35.00 Manufacturing (2 of 2) $35.00 Marketing $35.00 Cooperative Agreements $35.00 SELECTED COOPERATIVE AGREEMENTS (1 of 3) $60.00 SELECTED COOPERATIVE AGREEMENTS (2 of 3) $60.00 SELECTED COOPERATIVE AGREEMENTS (3 of 3) $60.00 Mergers & Acquisitions $35.00 SELECTED ACQUISITIONS & DIVESTITURES $60.00 COMPANY PROFILES - SMART METERS TO 2016 $1,540.00 Company Profiles Methodology $35.00 Arad Group (Master Meter) $35.00 Badger Meter (1 of 2) $35.00 Badger Meter (2 of 2) $35.00 Capstone Metering $35.00 Cooper Industries $35.00 Datamatic Limited $35.00 Echelon Corporation $35.00 Elster Group (1 of 4) $35.00 Elster Group (2 of 4) $35.00 Elster Group (3 of 4) $35.00 Elster Group (4 of 4) $35.00 ESCO Technologies (Aclara) (1 of 2) $35.00 ESCO Technologies (Aclara) (2 of 2) $35.00 General Electric Company (GE Digital Energy) (Dresser) $35.00 Holley Metering $35.00 Honeywell International (E-Mon) (1 of 2) $35.00 Honeywell International (E-Mon) (2 of 2) $35.00 International Business Machines (IBM) $35.00 Itron Incorporated (1 of 5) $35.00 Itron Incorporated (2 of 5) $35.00 Itron Incorporated (3 of 5) $35.00 Itron Incorporated (4 of 5) $35.00 Itron Incorporated (5 of 5) $35.00 Mueller Water Products $35.00 Oracle Corporation $35.00 OSIsoft LLC $35.00 Roper Industries (Neptune Technology) (Inovonics Wireless) (1 of 2) $35.00 Roper Industries (Neptune Technology) (Inovonics Wireless) (2 of 2) $35.00 Schneider Electric (Telvent) $35.00 Sensus USA (1 of 2) $35.00 Sensus USA (2 of 2) $35.00 Siemens AG (eMeter) $35.00 Silver Spring Networks (1 of 2) $35.00 Silver Spring Networks (2 of 2) $35.00 SmartSynch Incorporated $35.00 Tantalus Systems $35.00 Toshiba Corporation (Landis+Gyr) (Ecologic Analytics) (1 of 4) $35.00 Toshiba Corporation (Landis+Gyr) (Ecologic Analytics) (2 of 4) $35.00 Toshiba Corporation (Landis+Gyr) (Ecologic Analytics) (3 of 4) $35.00 Toshiba Corporation (Landis+Gyr) (Ecologic Analytics) (4 of 4) $35.00 Other Smart Meter Companies (1 of 3) $35.00 Other Smart Meter Companies (2 of 3) $35.00 Other Smart Meter Companies (3 of 3) $35.00