Smart Meters 2011 Market Outlook Report
RF-Mesh Surging in US, While PLC Shipments are Forecast for Europe and Asia.
A recent study published by IMS Research, The World Market for Smart Meters – 2010, forecasts a surging RF-Mesh market in the US while PLC shipments are expected to dramatically increase in Europe and Asia. Current market projections from IMS Research anticipate over 100% market growth in 2010, in smart electricity meter unit shipments, for both RF Mesh and High Speed PLC meters, lead by North America and Europe respectively.
The market for communicating electricity meters in North America has seen record growth over the past year, with 2009 shipments exceeding 8M units, of which one-third were RF Mesh. However, 2010 is expected to see well over 7M unit shipments of RF-Mesh meters alone, raising the product share of RF-Mesh in communicating meters to well over 50% in North America. Comments Senior Analyst Michael Markides, “With well over 50M smart meters under contract, it is clear now that RF Mesh is a popular choice for utilities looking to implement smart grid technologies in North America.”
Large rollouts in Europe, namely Spain and France, are anticipated to more than double PLC-Style shipments in the near-term. Adds Markides, “These expected rollouts in Europe will give the market a surge beginning in late 2010, with further market volume realized globally as anticipated PLC shipments of smart meters begin in China in 2012, and onwards. Past the known installations upcoming in Spain and France, what is quite interesting is what type of technology will be used in other parts of Europe which must adopt smart metering. It appears Ireland will head toward using RF style solutions, but what about the UK, Germany and the Netherlands? Solutions other than PLC are in play here due to more complicated and layered electric utility structures in each of these regions.”