PRLog (Press Release) -
Jun 06, 2009 -
The demand generated under favourable government policies is creating tremendous opportunities for investment in this sector.
Smart Metering - Europe report ( http://www.bharatbook.com/
Market-Research-
Reports/Smart-
Metering-Europe.html ) provides a snapshot of the Smart Metering market in Europe, including the market size and growth figures. The policies towards implementation of smart meters in European countries have been highlighted. Industry drivers such as EU directive and energy conservation goals, liberalization of energy market in Europe, cost benefits leading to favourable market conditions and demand side management are discussed. Challenges include huge investment requirements, lack of standardization, security issues and lack of acceptability among small consumers.
The report also highlights the opportunities and benefits accruing to utility firms, manufacturers and IT consulting firms as more European countries implement smart metering technology. Competition covers the key players providing an overview, geographic presence and their business outlook.
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