Prepaid Metering Market to grow at a CAGR of 11.3% during the Forecast period 2015-2019

Albany, NY, Nov 07: Prepaid metering refers to paying for electricity before it is used. The consumer buys credit and then uses services until the credit expires. The concept of prepaid metering has been there for decades, but the major make shift took place in the 1980s by introduction of electronic or numeric credit transfer. A traditional prepaid metering system functions on three levels. The first level is the meters installed at the consumption point, the next level is vending stations situated at the utilities, and the top level is the master client, which ensures a database for reporting and provides administration, financial, and engineering control. The communication link between the vending stations and meters is in the form of a token, which is used to top up the credit in the meter.

The global prepaid metering market to grow at a CAGR of 11.3% during the period 2014-2019. Technavios report, Global Prepaid Metering Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the present scenario and the growth prospects of the global prepaid metering market for 2015-2019. The report includes the segmentation of the market on the basis of application, i.e., hardware, software, and services along with the geographical segmentation. It is also segmented on the basis of end users: residential, commercial, and industrial.

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It also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. The vendor landscape in this report focuses mainly on the vendors that provide prepaid electric and smart energy meters. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key vendors
- GE Digital Energy
- Itron
- Landys+Gyr
- Schneider Electric
- Siemens Energy

Other prominent vendors
- Echelon Corporation
- Elster Group
- Sensus
- Silver Spring Networks

Market driver
- Increased acceptance
- For a full, detailed list, view our report

Market challenge
- Issues related to data management and meter replacement
- For a full, detailed list, view our report

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Key questions answered in this report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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