An Analysis of the Increasing Temperature of the European Smart Meter Market

In order to achieve the EU energy strategy goals, many EU countries have increased investment in smart metering. Echelon announced that its partner Telvent has acquired a smart grid project in Norway that will deploy Echelon’s smart metering system for 100,000 power users at local power companies. This is a large-scale project, and from the current EU smart metering market, this is only just the beginning.

According to a latest market research report, France, the United Kingdom, and Spain in the EU countries will have rapid growth in smart meter demand. French energy monitoring agency CRE plans that all electric power users must use smart meters by 2016; the British government has announced that it plans to install smart meters and smart gas meters for 53 million residents and business users by 2019; in the UK, from 2010 to In 2019, the number of smart meter installations will increase by 109%.

In addition, in the EU smart meter market in 2010, Echelon and Langier accounted for nearly 65% ​​of the market share. As the smart meter market gradually warms up in the EU, it is believed that more and more smart meter suppliers will pay more attention to and seize this huge market. Itron and Elster are extremely powerful competitors.

In order to achieve the EU energy strategy goals, many EU countries have increased investment in smart metering. Echelon announced that its partner Telvent has acquired a smart grid project in Norway that will deploy Echelon’s smart metering system for 100,000 power users at local power companies. This is a large-scale project, and from the current EU smart metering market, this is only just the beginning.

According to a latest market research report, France, the United Kingdom, and Spain in the EU countries will have rapid growth in smart meter demand. French energy monitoring agency CRE plans that all electric power users must use smart meters by 2016; the British government has announced that it plans to install smart meters and smart gas meters for 53 million residents and business users by 2019; in the UK, from 2010 to In 2019, the number of smart meter installations will increase by 109%.

In addition, in the EU smart meter market in 2010, Echelon and Langier accounted for nearly 65% ​​of the market share. As the smart meter market gradually warms up in the EU, it is believed that more and more smart meter suppliers will pay more attention to and seize this huge market. Itron and Elster are extremely powerful competitors.