DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/z8rklv/electricity) has announced the addition of the "Electricity Meters Market in Southeast Asia: Prepaid and Electronic Meters to Sweep the Market Over the Next Five Years" report to their offering.
The Southeast Asian electricity meters market is in the growth stage of the market cycle. There is a drastic technology shift in the region, with electromechanical meters being replaced by electronic and prepaid meters. Key challenges faced are resistance to technology change by customers, financial instability, and a lack of skilled labour.
Market trends are analysed from 2011 to 2018; the base year of the study is 2013. The study covers market revenue, segmentation by country and technology, end-user analysis, pricing trends, value chain and competitive analyses, and company profiling.
As the electricity metering and billing industry moves ever closer to full automation and computerization, electronic meters that can 'communicate' with each other and with other electronic systems are expected to become an essential part of the network. Electromechanical meters merely measure demand and consumption of energy and are quite simple.
With escalating power demand in Southeast Asia, most countries in the region are demanding novel electricity meters. Moreover, as increasingly more electric utilities install meters at their customers' (both small power and large power consumers) site, sales for both single phase and three phase meters are increasing. Hence, the electricity meters market is witnessing stable growth.
Backed by the utilities' initiatives to wipe out the usage of electromechanical meters with electronic and prepaid meters, the market revenue is expected to surge in the coming years. Smart-meter pilots have been initiated. Trial runs are expected during the next five years, lifting the advanced metering infrastructure and automatic meter reading (AMI/AMR) revenue.
The residential segment will continue to be the major revenue contributor throughout the study period; however, the industrial segment is expected to witness the highest growth rate. The strong liaison between global manufacturers and local companies is expected to grow further to tap into the market potential and to gain competitive edge with the local utilities.
Key Topics Covered:
1 Executive Summary
2 Market Overview
3 Drivers And Restraints - Total Electricity Meters Market
4 Forecasts And Trends - Total Electricity Meters Market
5 Market Share And Competitive Analysis - Total Electricity Meters Market
6 Indonesia Breakdown
7 Thailand Breakdown
8 Malaysia Breakdown
9 Vietnam Breakdown
10 The Philippines Breakdown
11 Singapore Breakdown
12 The Last Word
- Itron and Actaris Metering Systems
- EDMI Ltd
- PT. Global Meter Industry
For more information visit http://www.researchandmarkets.com/research/z8rklv/electricity