Free press releases distribution network?

More news: Energy
Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Utilities Push the Smart Water Metering Market in Europe Finds Frost & Sullivan - Roadmap to spending and carbon footprint reduction in a conference that will summarize the research key findings: market worth $13.2 billion by 2020
Utilities Push the Smart Water Metering Market in Europe Finds Frost & Sullivan

 

PRZOOM - /newswire/ - London, United Kingdom, 2011/08/25 - Roadmap to spending and carbon footprint reduction in a conference that will summarize the research key findings: market worth $13.2 billion by 2020.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

With the rising prices of energy and need to correct inefficient water grids, smart water metering presents a solution and long-term spending reduction strategy. If this market is fully embraced by utilities, it will be worth $13.2 billion by 2020 in Europe for meter manufacturers, installers and network and data management companies.

Frost & Sullivan's Research Analyst Seth Cutler explains: “The smart water metering market presents a significant industry convergence opportunity to participate in the global drive for carbon footprint reduction, increased efficiencies and strategic decision making. The European market is no exception as water utilities look to run smarter and smoother distribution systems”.

UK, France and Germany will have 57.2% of the market in 2020. This figure is impacted by the speed of smart water metering adoption in these countries, but very importantly also the fact they have a large share of the European population, and so a larger market. Government regulation is not expected to be a large driver in the smart water metering market (unlike electricity/energy). Growth will instead largely come from utilities looking to take advantage of the level of network/operational efficiencies and savings that can be made.

There are a number of factors affecting the market attractiveness of each region:

United Kingdom

In the UK, a strong emphasis on business case development in relation to water scarcity is restricting faster roll outs in the country. Once initial pilots reveal the indirect benefits of smart water metering, this market is expected to grow quickly. The UK, with a current 'traditional' metering rate of 30%, is expected to largely jump straight to smart metering.

France

France is heavily impacted by the decision of two major water distributors in the country: Veolia and Suez/Lyonnaise des Eaux. The high market share of these companies has afforded them the ability to roll out smart metering at a faster rate than smaller utilities. Their dominance has also lead to partnerships with and acquisitions of complimentary companies in smart water metering industries, such as telemetry and communications. Partnerships and M&A activity is expected to continue and provide a key source of growth in the market.

Germany

The German market is among the most advanced markets for smart water metering in Europe. This is due to multiple factors. The country is host to numerous smart meter manufacturers, there is a strong tradition of water metering and a healthy investment environment. Germany is also host to the Open Metering System Group, which seeks to establish universal standards in smart metering for all energy types: electricity, water, gas and heat. If this group was to make headway in its goals, it could have a significant impact on the market in terms of investor confidence.

Iberia

The Iberian Peninsula is located in one of the most water stressed regions in Europe and this circumstance is exacerbated each year through seasonal tourism. This impacts the immediate perspective taken on smart water metering as it is positioned as a solution for these issues, rather than for the entire market. In a drive to create more equitable charging, smart water metering pilots have been deployed in coastal areas. For this region, smart water metering also presents an alternative to high-cost desalination projects. This will likely save money in the long-term as well as adjust consumption behaviour. While this region is currently in the midst of a debt crisis, impacts on smart water metering are expected to be low. In fact, smart water metering should be seen as a solution and an investment that will help reduce long-term spending.

Italy, Greece and Malta

Italy, Greece and Malta are the only European countries to see a full smart water metering roll-out occurring. While geographically small, Malta's full-scale smart water metering roll-out may have implications on the rest of Europe as its successes and challenges are made known. A diverse utility base may slow down initial deployment in Italy and Greece, but it is expected to be temporary and this market should develop quickly with the rest of Europe, especially as a few leading utilities emerge.

Frost & Sullivan has recently organised an on-demand web conference titled Smart Water Metering Market – Roadmap to Spending and Carbon Footprint Reduction. The webinar - which is open to everyone interested in this sector - summarises Mr Cutler's market findings by giving an analysis of market forces, tier and market share analysis, current and emerging trends, and future opportunities. To receive the presentation and a link to the recording please email Chiara Carella, Corporate Communications, at chiara.carella[.]frost.com with your full contact details.

Moreover, a research service on the Smart Water Metering Market will be published soon. This study breaks down the market to uncover its drivers and restraints by region and Europe-wide, trends and variations in deployment, impacts of the current debt crisis and future growth for the industry. Please contact Chiara Carella at the email address above for further information on the study.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Utilities Push the Smart Water Metering Market in Europe Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Chiara Carella 
+44(0)20 7343 8314 chiara.carella[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Press Releases:

ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  K A C, Images and U, LLC

Visit  BizJobs.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today