Smart Meters: 140 Million United Per Year To Be Installed

SMART METERS are big business.  This report from 2011 anticipates 140 million smart meters PER YEAR to be installed worldwide.

The following is from this website:

Results from IDC Energy Insights’ Worldwide Quarterly Smart Meter Tracker found that worldwide smart meter shipments in the fourth quarter of 2011 grew 11.8% over the previous quarter and were up 23.8% when compared to the fourth quarter of 2010. The firm expects annual smart meter shipments to surpass 140 million units worldwide by 2016, up from 25.4 million in 2011. This represents a compound annual growth rate (CAGR) of 32.9% over the 2011 to 2016 forecast period.

While IDC Energy Insights expects developing markets to drive smart meter growth through 2016, the revival of the Canadian market and an uptick in shipments to Central and Eastern Europe were the primary drivers in the closing quarter of 2011. In 2012, smart meter shipments in Europe are expected to accelerate as country-level planning continues to progress and the pathway towards the European Commission’s “20-20-20″ targets finally begins to materialize. Shipments will also ramp up significantly in the Asia/Pacific region as the massive markets in China and India begin to integrate advanced metering infrastructure. The Japanese market is also gaining momentum with the renewed focus on conservation in the wake of Fukushima, while utilities in Oceana are learning to manage the consumer backlash that emerged from previous deployments.

As the smart metering industry moves through 2016, the firm anticipates that activity will shift from North America and Europe to the developing world. This shift will be accompanied by an evolution to meet a new set of market needs. Dean Chuang, senior research analyst on the IDC Energy Insights Trackers team, notes “Local deployment patterns are beginning to emerge in the global smart metering industry. Each market and each utility has different needs and different intentions for their AMI system. Smart meter vendors are developing a wide array of solutions to fit the needs of each market.”

Rosa Koire, ASA, is the executive director of the Post Sustainability Institute and the author of BEHIND THE GREEN MASK: UN Agenda 21. She is a retired forensic commercial real estate appraiser specializing in eminent domain valuation. As a District Branch Chief at the California Department of Transportation her nearly 30 years analyzing land use and property value enabled her to recognize the planning revolution sweeping the country. While fighting to stop a huge redevelopment project in her city she researched the corporate, political, and financial interests behind it and found UN Agenda 21. Impacting every aspect of our lives, UN Agenda 21/Sustainable Development is a corporate manipulation using the Green Mask of environmental concern to forward a globalist plan. Rosa speaks across the world and is a regular blogger on her website Democrats Against UN Agenda 21. Her book, BEHIND THE GREEN MASK: UN Agenda 21 is available on Amazon.com, Kindle, and Nook, at her websites: www.PostSustainabilityInstitute.org and www.DemocratsAgainstUNAgenda21.com