Electricity Submeters - Basic and Advanced Submeter Hardware, Submeter Energy Management Software, and Submetering Services: Market Analysis and Forecasts
Electricity Submeters - Basic and Advanced Submeter Hardware, Submeter Energy Management Software, and Submetering Services: Market Analysis and Forecasts
Submeters are playing a pivotal role in the development of energy management
solutions for buildings. Although submeter technology was originally developed
several decades ago, the recent drive toward real-time and end-use-specific
monitoring of energy has increased interest in and investment in submetering
systems. Against a backdrop characterized by a growing number of building
codes and standards, including ISO 50001, with stringent energy efficiency and
monitoring requirements, submetering technology is finding new life and
innovative applications that are now the top priorities of companies and
government agencies worldwide.
To address this growing demand, traditional leaders in the building controls
and equipment industry have worked to integrate submetering technology into
their energy efficiency solutions and platforms. Many firms have made major
acquisitions of submeter vendors in recent years to round out their energy
efficiency platforms. Others are implementing software and services platforms
that rely directly on the granular, real-time data generated by submeters in
order to provide building owners with actionable insights that save money and
increase the ease of facility management.
This Pike Research report provides a comprehensive overview of the submeter
technology and services market worldwide, including submeter hardware (basic
and advanced submeters), other hardware, submetering energy management
software, installation costs, customer training services, and other submeter
services. It provides market sizing and forecasting for the above segments in
all major world regions for the period from 2012 through 2020.
Key Questions Addressed:
How large is the electricity submeter technology and services industry
worldwide and how quickly is it growing in different regions?
What are the key drivers of submeter technology demand (such as green
building, regulation, utility programs, and others)?
What are the key applications that submeters serve worldwide?
What are the important standards and codes that apply to submeter
technology at a country and regional level?
How will submetering fit into broader energy management software and
service platforms?
Who needs this report?
Submeter vendors
Building automation and controls vendors
Architecture, engineering, and construction firms
Commercial building owners and managers
Energy service companies
Software companies and systems integrators
Government agencies
Investor community
Research Methodology
Pike Research's industry analysts utilize a variety of research sources in
preparing Research Reports. The key component of Pike Research's analysis is
primary research gained from phone and in-person interviews with industry
leaders including executives, engineers, and marketing professionals.
Analysts are diligent in ensuring that they speak with representatives from
every part of the value chain, including but not limited to technology
companies, utilities and other service providers, industry associations,
government agencies, and the investment community.
About Pike Research
Pike Research is a market research and consulting firm that provides in-depth
analysis of global clean technology markets. The company's research
methodology combines supply-side industry analysis, end-user primary research
and demand assessment, and deep examination of technology trends to provide a
comprehensive view of these industry sectors.
Report Statistics
Release Date:2Q 2012
Total Number of Pages:72
Total Number of Tables, Charts, Figures:39
Table of Contents
Table of Contents
1. Executive Summary
1.1. Overview
1.2. Scope
1.3. Key Findings
2. Market Issues
2.1. Overview
2.2. Market Drivers
2.2.1. Tenant Billing and Cost Allocation
2.2.2. High Cost of Electricity
2.2.3. Reliability of Operations
2.2.4. Energy Management
2.2.4.1. Measurement and Verification
2.2.4.2. Continuous Commissioning and Real-time Energy Monitoring
2.2.4.3. Reduced Billing Labor Costs
2.2.5. Utility Billing Schemes
2.2.5.1. Demand Response
2.2.5.2. Dynamic Pricing
2.2.5.3. Demand Charges
2.2.6. LEED Certification and Green Building
2.2.7. Energy Star
2.2.8. Renewable Energy and Net Metering
2.3. Market Barriers
2.3.1. Regulatory Issues
2.3.1.1. Building Energy Codes
2.3.1.2. Standards
2.3.2. Upfront Deployment Costs
2.3.3. Concerns among Landlords and Tenants
2.4. Submeter Demand in North America
2.4.1. United States
2.4.1.1. Market Overview
2.4.1.2. Smart Grid and Energy Management
2.4.1.3. Federal Sector
2.4.1.4. Building Codes
2.4.1.5. Commercial Benchmarking and Disclosure Laws
2.4.1.6. Prohibitions on Submetering
2.4.2. Canada
2.4.2.1. Market Overview
2.4.2.2. Regulatory Issues
2.5. Submeter Demand in Europe
2.5.1. Energy Performance of Buildings Directive (EPBD)
2.5.2. Energy Services Directive & National Energy Efficiency Action
Plans
2.5.3. EN 16001 and ISO 50001
2.5.4. MID Standards
2.5.5. United Kingdom
2.5.5.1. Market Overview
2.5.5.2. Green Building
2.5.5.3. Building Requirement L2
2.5.5.4. Regulatory Issues
2.5.6. Germany
2.5.6.1. Market Overview
2.5.6.2. Green Building
2.5.6.3. Regulatory Issues
2.5.7. France
2.5.7.1. Market Overview
2.5.7.2. Green Building
2.5.7.3. Regulatory Issues
2.6. Rest of Europe
2.7. Submeter Demand in Asia Pacific
2.7.1. China
2.7.1.1. Market Overview
2.7.1.2. Green Building
2.7.1.3. Regulatory Issues
2.7.2. Japan
2.7.2.1. Market Overview
2.7.2.2. Green Building
2.7.2.3.Regulatory Issues
2.7.3. Australia
2.7.3.1. Market Overview
2.7.3.2. Green Building
2.7.3.3. Regulatory Issues
2.7.4. India
2.7.4.1. Market Overview
2.7.4.2.Green Building
2.7.4.3. Regulatory Issues
2.7.5. South Korea
2.7.6. Rest of Asia Pacific
2.8. Submeter Demand in the Rest of the World
2.8.1. Major Building Automation and Electrical Device Manufacturers
2.8.2. Submeter Technology Pureplays
2.8.3. Submeter Service Providers
2.8.4. Submeter Communications Technology Vendors and Developers
2.8.5. Submeter Resellers and Distributors
3. Technology Issues
3.1. Overview
3.2. System Hardware Components
3.2.1. Submeter
3.2.2. Current Transformer
3.2.3. Cabling
3.2.4. Communication System
3.2.4.1. BACnet
3.2.4.2. LonWorks
3.2.4.3. ModBus
3.2.4.4. TCP/IP
3.2.4.5. Protocol System Topology
3.2.4.6. Wireless Submeter Communication
3.2.4.7. Microprocessor-Based Recording Devices
3.3. Form Factors
3.3.1. Standalone Submetering Systems
3.3.2. Integrated Submetering Systems
3.4. Submeter Capabilities
3.4.1. Power
3.4.2. Measurement Accuracy
3.4.3. Other Capabilities
3.5. Alarm monitoring Submeter Standards
3.5.1. American National Standards Institute (ANSI)
3.5.2. Measurement Canada
3.5.3. IEC
3.5.4. MID
3.5.5. Asia Pacific
3.5.6. Safety Standards
3.6. Technology Trends
3.6.1. Increased Energy Management Capability
3.6.2. Wireless
3.7. Applications
3.7.1. Tenant Billing
3.7.2. Energy End-Use Accounting
3.7.3. Power Level Monitoring
3.7.4. System Monitoring
3.7.5. Net Metering
3.7.6. Submetering Density
4. Key Industry Players
4.1. ABB
4.2. CARMA Industries
4.3. Continental Control Systems
4.4. Daiichi Electronics
4.5. Eaton
4.6. Echelon
4.7. Elster
4.8. General Electric
4.9. Honeywell/E-Mon
4.10. ISTA
4.11. Itron
4.12. Janitza Electronics
4.13. Leviton
4.14. LEM
4.15. Mitsubishi
4.16. Northern Design
4.17. Obvius
4.18. Osaki
4.19. Quadlogic
4.20. Schneider Electric
4.21. SCIenergy
4.22. Siemens
4.23. Toshiba Toko Meter Systems
4.24. Triacta
4.25. Yokogawa Electric
5. Market Forecasts
5.1. Overview
5.2. Segments of the Submeter Technology and Services Market
5.2.1. Basic Submeter Hardware
5.2.2. Advanced Submeter Hardware
5.2.3. Other Hardware
5.2.4. Submetering Energy Management Software
5.2.5. Installation Costs
5.2.6. Customer Training Services
5.2.7. Other Submeter Services
5.3. Assumptions
5.4. North America
5.5. Western Europe
5.6. Asia Pacific
5.7 World Markets
6. Company Directory
7. Acronym and Abbreviation List
8. Table of Contents
9. Table of Charts and Figures
10. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
Diagram of a Typical Submetering System
Industrial and Non-Domestic Electricity Prices: 2010
ASHRAE Code Stringency
Commercial Benchmarking Laws, United States: March 2012
Submetering Hardware Go-to-Market Channels
Typical Submeter System Hardware Components
Split Core Versus Solid Core Current Transformers
Vendor Segmentation: Integrated Versus Standalone Systems
Electricity Submeter Technology and Services Market, World Markets:
2012-2020
Cumulative Gross Green Building Certifications by Certification Type,
United States: 2011-2020
Submetering Density by Building Type
Submetering Technology and Services Market by Category, North America:
2012-2020
Submetering Technology and Services Market by Category, Western Europe:
2012-2020
Submetering Technology and Services Market by Category, Asia Pacific:
2012-2020
Submetering Technology and Services Market by Category, World Markets:
2012-2020
List of Tables
Total Combined Renewable Energy Investment for the Mining Industry by
Scenario, World Markets: 2012-2020
Submetering Criteria in LEED Certification Programs
Recent Submeter Vendor Acquisitions
Leading Industrials in Submetering by Region
Industrial and Non-Domestic Electricity Prices: 2010
Annual LEED Certified Space by Category, World Markets: 2000-2010
Wireless BAS Protocol Features
Basic Electricity Submeter Shipments by Region, World Markets: 2012-2020
Advanced Electricity Submeter Shipments by Region, World Markets: 2012-2020
Total Electricity Submeter Shipments by Region, World Markets: 2012-2020
Basic Electricity Submeter Revenue by Region, World Markets: 2012-2020
Advanced Electricity Submeter Revenue by Region, World Markets: 2012-2020
Other Hardware Electricity Submeter Revenue by Region, World Markets:
2012-2020
Submeter Energy Management Software Revenue by Region, World Markets:
2012-2020
Electricity Submeter Installation Revenue by Region, World Markets:
2012-2020
Electricity Submeter Customer Training Revenue by Region, World Markets:
2012-2020
Other Submetering Services Revenue by Region, World Markets: 2012-2020
Electricity Submeter Technology and Services Market by Category, North
America: 2012-2020
Electricity Submeter Technology and Services Market by Category, Western
Europe: 2012-2020
Electricity Submeter Technology and Services Market by Category, Eastern
Europe: 2012-2020
Electricity Submeter Technology and Services Market by Category, Asia
Pacific: 2012-2020
Electricity Submeter Technology and Services Market by Category, Latin
America: 2012-2020
Electricity Submeter Technology and Services Market by Category, Middle
East: 2012-2020
Electricity Submeter Technology and Services Market by Category, Africa:
2012-2020
Total Submeter Electricity Technology and Services Market by Category,
World Markets: 2012-2020
Electricity Submeters - Basic and Advanced Submeter Hardware, Submeter Energy Management Software, and Submetering Services: Market Analysis and Forecasts published by Navigant Research (formerly Pike Research) in May 19, 2012. This report consists of 72 Pages and the price starts from US $ 3900.
Press Release
Electricity Submetering Market Doubles to $1.6 Billion as Energy Management Solutions Expand
May 24th, 2012
Global Information Inc. would like to present a new market research report, "Electricity Submeters - Basic and Advanced Submeter Hardware, Submeter Energy Management Software, and Submetering Services: Market Analysis and Forecasts" by Navigant Research (formerly Pike Research).
According to Pikes new 72-page report, the worldwide market for submetering technology and services will grow from $771 million in 2012 to $1.58 billion in 2020, with a compound annual growth rate (CAGR) of 9.4%. That total also includes energy management software, installation costs, customer training, and other services.
Savvy energy managers concerned with the untapped efficiency potential of buildings and factories utilize electricity submetering technology to understand energy use and identify areas for improvement. Today, this market is starting to grow significantly as building professionals tie the technology into broader energy management solutions for property owners and managers.
According to senior analyst Eric Bloom: "to address the growing demand for submetering capabilities, traditional leaders in the building controls and equipment industry have worked to integrate submetering technology into their energy efficiency solutions and platforms. Many firms have made major acquisitions of submeter vendors in recent years to round out their energy efficiency platforms, while others are implementing software and services platforms that provide building owners with actionable insights that save money and make facility management easier."
Bloom adds that, while a number of major building efficiency solutions providers (e.g., Schneider Electric and Honeywell) lead the submeter technology and services market globally; pure-play vendors play an important role at the national and regional levels, offering high-quality products that often fill important niches. North America, Western Europe, and Asia Pacific collectively account for 85% of the global market, with the remaining 15% is spread between the Middle East, Latin America, Eastern Europe, and Africa. This split will remain consistent over the next 8 years as demand for submeters and their associated services surges in the three largest regions.
Included in the report:
Comprehensive overview of global submeter technology and services market
Includes submeter hardware (basic and advanced submeters), other hardware, submetering energy management software, installation costs, customer training services, and other submeter services.
Market sizing and forecasting for the above segments in all major world regions between 2012 and 2020
