Smart meter forms an integral part of smart grids, and help in monitoring the electricity supply even from distance by using wireless technologies. By using smart meters, power thefts and power losses can easily be monitored and controlled. Smart meters reduce meter reading costs and errors, provide detailed insights of energy usage, support flexible tariffs and promotes intelligent load management. Smart meters offers two way communication, wherein, users have an option to transfer back the power to smart grids, in case of energy produced at their end, for instance, through solar power panels, etc., Additionally, smart meters enable suppliers to identify real-time energy consumption pattern for all the users, enabling suppliers in getting a clear picture of demand and supply. Consequently, power producing companies have opportunity to plan accordingly for upcoming power projects, considering the increasing power demand rate. 

According to “Saudi Arabia Electric Smart Meters Market Forecast & Opportunities, 2019”, the market is projected to grow at a CAGR of around 10.12% during 2014-19 in revenue terms. Smart grid installation in the country was initiated by Saudi Electric Company in 2010, by installing around 50,000 meters in a pilot project. The country plans to replace traditional meters with smart meters across all segments. In 2012, the country had more than 6.5 million subscribers, which are expected to increase over the next five years, where majority of subscribers were from the residential sector, which accounted for approximately 5 million users. In addition, the Saudi Arabian government plans to install smart meters across the country in four major phases. In first phase, industrial and construction segment was targeted until 2013, followed by commercial and government sectors until 2015, and residential sector is to be covered in two subsequent phases by 2021. “Saudi Arabia Electric Smart Meters Market Forecast & Opportunities, 2019” discusses the following aspects of electric smart meters market in Saudi Arabia:
  • Saudi Arabia Electric Smart Meters Market Size, Share & Forecast.
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
  • To gain an in-depth understanding of electric smart meters market in Saudi Arabia
  • To identify the on-going trends and anticipated growth in the coming years
  • To help industry consultants, manufacturers and other stakeholders to align their market-centric strategies
  • To obtain research based business decisions and add weight to presentations and marketing materials
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology 

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with smart meters manufacturers and distributors in Saudi Arabia. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, government policy documents and proprietary database.

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.     Research Methodology

2.     Analyst Briefing

3.     Saudi Arabia Electricity Market Overview

4.     Global Electric Smart Meters Market Overview

4.1.   Market Size & Forecast

4.1.1. By Value

4.1.2. By Volume

5.     Saudi Arabia Electric Smart Meters Market Outlook

5.1.   Market Size & Forecast

5.1.1. By Value

5.1.2. By Volume

5.2.   Market Share & Forecast

5.2.1. By End User Application

5.2.2. By Region

5.2.3. By Communication Technology

6.     Policy & Regulatory Landscape

7.     Saudi Arabia Electric Smart Meters Market Dynamics

7.1.   Drivers

7.2.   Challenges

8.     Saudi Arabia Electric Smart Meters Market Trends & Developments

8.1.   Smart Grid

8.2.   Advanced Metering Infrastructure

8.3.   Energy Efficiency & Decreasing Carbon Emission

8.4.   Electrical Loads

8.5.   Renewable Planning and Smart Grid

9.     Saudi Arabia Economic Profile

10.  Competitive Landscape

10.1.Advanced Electronics Company limited

10.2.Kamstrup A/S

10.3.Enel S.p.A

10.4.Elster Solutions LLC

10.5.Itron Inc.

10.6.Landis+Gyr AG

10.7.Elsewedy Cables KSA

11.  Strategic Recommendations

 


In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

     

    Figure 1: Saudi Arabia Power Generation Share, By Source, By Volume, 2012

    Figure 2: Saudi Arabia Number of Electricity Subscribers, 2012 (Million)

    Figure 3: Saudi Arabia Transmission & Distribution Losses, 2009-2019F

    Figure 4: Saudi Arabia Peak Demand Forecast, 2009-2032F (Giga Watt)

    Figure 5: Global Electric Smart Meters Market Size, By Value, 2010-2019F (USD Billion)

    Figure 6: Global Electric Smart Meters Market Size, By Volume, 2010-2019F (Million Units)

    Figure 7: Saudi Arabia, Traditional Grid vs. Smart Grid

    Figure 8: Saudi Arabia, Objective of Smart Grid & Electric Smart Meters Strategy

    Figure 9: Saudi Arabia Electricity Subscribers, 2011

    Figure 10: Saudi Arabia Electric Smart Meters Market Size, By Value, 2010-2019F (USD Million)

    Figure 11: Saudi Arabia Electric Smart Meters Market Size, By Volume, 2010-2019F (Thousand Units)

    Figure 12: Saudi Arabia Electric Smart Meters Market Share, By Volume, By End User Application, 2013E

    Figure 13: Saudi Arabia Electric Smart Meters Market Share, By Volume, By End User Application, 2019F

    Figure 14: Saudi Arabia Electric Smart Meters Market Share, By Volume, By Region, 2013E & 2019F

    Figure 15: Saudi Arabia Electricity Demand Analysis, By Region, By Sector, 2012

    Figure 16: Saudi Arabia Electric Smart Meters Market Share, By Volume, By Communication Technology, 2013E-2019F

    Figure 17: Saudi Arabia Benefits of Smart Grid

    Figure 18: Saudi Arabia Advanced Metering Infrastructure

     

    List of Tables

     

    Table 1: Saudi Arabia Electricity Regulatory Bodies

    Table 2: Saudi Arabia Key Indicators of Electricity Sector under Ninth Development Plan, 2010-2014F

    Table 3: Saudi Arabia Power Generation, By Technology, By Region, 2012 (MW)

    Table 4: Saudi Electric Company Network Load Forecast, 2012-2021F (MW)

    Table 5: Comparison of Traditional Meter with Smart Meter

    Table 6:Advantage and Disadvantages of Modes of Communication for Smart Meters