HIGH PRIORITY MARKET
Superior Products Industry( SPI) Plot No 32-33, SMIE, Phase II, 20 / 2 Mathura Road, Opp YMCA Collage, Faridabad 121006, T: 0129-3255647; F: 4087647; E: supproduts _ 100 @ yahoo. com; W: www. superiorproducts. tradeindia. com Mahesh Kumar Yadav, Managing Director
Towa Engineering Works M-4, 1st Floor, Vishal Market, West Mukherjee Nagar, Delhi – 110009; M: 9811463033; T: 011-27658351 / 47067472; F: 27658351; E: Towaengg @ gmail. com; W: Towaengg. com RS Miglani, Managing Director
Capital Power Systems Ltd B-40, Sector – IV NOIDA-201 301( U. P.) T: + 0120-4648000, + 0120-3924080 E: capital @ capitalpowers. com W: capitalpowers. com
Elmax India Plot No.- 492, East Chawla Colony, Gurgaon Calal Road, Near Kaushik Vatika Ballabgarh, Faridabad, Haryana, India T: + 91-129-2311120; M: + 91-9999386924 E: elmaxindia @ ymail. com; W: elmaxindia. com S. D Yadav
Reduction in commercial losses is one of the principal advantages of using smart metering, particularly of relevance for India, which arguably has the highest AT & C losses in the world at about 28 %.
Government initiatives
Certain government initiatives are leading the way towards metering smartly in the country. The India Smart Grid Task Force( ISGTF) an interministerial group initiated by the Ministry of Power, has been serving as a government focal point for all activities related to smart grid.
Smart Meters Market Share( Value), by Region, 2013
The Americas dominated the smart meters market in 2013, followed by Asia-Pacific. Increasing demand for smart meters in North America is mainly due to government initiatives which comprise allocating funds and making the units mandatory in a number of states. Europe stood third in terms of market size in total smart meters market, followed by RoW.
With technological advancements, the smart meters market is majorly dominated by smart electric meters, as these help to monitor energy usage efficiently and reduce dependence on depleting fossil fuels. Government and other legislative bodies are promoting the installation of smart electricity meters around the world.
Source: Markets and Markets Analysis
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