Market Research Logo

Prepaid Metering Market 2015-2019

Prepaid Metering Market 2015-2019

About prepaid metering

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.

Technavio’s analysts forecast the global prepaid metering market to grow at a CAGR of 11.3% during the period 2014-2019.

Covered in this report

Technavio’s 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. 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
Market trend
  • Increasing support from regulatory authorities
  • For a full, detailed list, view our report
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?


Press Release

Technavio Announces the Publication of its Research Report – Global Prepaid Metering Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Prepaid Metering Market: GE Digital Energy, Itron, Landys+Gyr, Schneider Electric and Siemens Energy
Other Prominent Vendors in the market are: Echelon Corporation, Elster Group SE, Sensus, and Silver Spring Networks.
Commenting on the report, an analyst from Technavio’s team said: “Regulatory authorities of various countries such as China, Italy, India, and the US have been showing interest in the installation of smart energy meters, which has been a major driver in the growth of the global smart energy meter market. There has been an upsurge in the installation of smart meters across the world with regulators constantly developing frameworks and policies to adopt smart meters in different regions.”
According to the report, prepaid meters are gaining acceptance by both utilities and customers because of the associated benefits to both parties. Utilities benefit from these meters as they reduce the accounts receivable and increase cash flow and liquidity. Customers, on the other hand, gain the advantage of keeping a tab on their consumption and budget at the same time.
Further, the report states that lack of standardization makes the task of attaining interoperability cumbersome. Moreover, consumers may find it difficult to switch among energy suppliers. Consequent to a lack of standardization in the industry, consumers will not be able to use the same smart energy meter when they switch among suppliers and will, therefore, feel compelled to buy a new meter.

Companies Mentioned

GE Digital Energy, Itron, Landys+Gyr, Schneider Electric, Siemens Energy, Echelon Corporation, Elster Group SE, Sensus, Silver Spring Networks.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global prepaid metering market (million units)
      • Table Global prepaid metering market ($ millions)
      • Table Approaches to providing a prepaid utility service
      • Table Prepayment methods
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global Prepaid metering market by application 2014
      • Table Global prepaid metering market by application 2014
    • Global Prepaid metering market by application 2019
      • Table Global prepaid metering market by application 2019
      • Table Global prepaid metering market 2014-2019
    • Global prepaid metering market by hardware
      • Table Global prepaid metering market by hardware 2014-2019 ($ millions)
    • Global prepaid metering market by software
      • Table Global prepaid metering market by software 2014-2019 ($ millions)
    • Global prepaid metering market by services
      • Table Global prepaid metering market by services 2014-2019 ($ millions)
  • Market segmentation by end-users
    • Prepaid metering market by end-users 2014
      • Table Global prepaid metering market by end-users 2014
    • Prepaid metering market by end-users 2019
      • Table Global prepaid metering market by end-users 2019
      • Table Global prepaid metering market by end-users 2014-2019
    • Global prepaid metering market by residential segment
      • Table Global prepaid metering market by residential segment 2014-2019 ($ millions)
    • Global prepaid metering market by commercial segment
      • Table Global prepaid metering market by commercial segment 2014-2019 ($ millions)
    • Global prepaid metering market by industrial segment
      • Table Global prepaid metering market by industrial segment 2014-2019 ($ millions)
  • Geographical segmentation
    • Global Prepaid metering market by geography 2014
      • Table Global prepaid metering market by geography 2014
    • Global prepaid metering market by geography 2019
      • Table Global prepaid metering market by geography 2019
      • Table Global prepaid metering market by geography 2014
    • Prepaid metering market in APAC
      • Table Prepaid metering market in APAC 2014-2019 ($ millions)
    • Prepaid metering market in EMEA
      • Table Prepaid metering market in EMEA 2014-2019 ($ millions)
    • Prepaid metering market in Americas
      • Table Prepaid metering market in Americas 2014-2019 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Other prominent vendors
  • Key vendor analysis
    • GE Digital Energy
    • Itron
      • Table Itron: Revenue comparison by end market in 2013 and 2014
      • Table Itron: Geographical segmentation by revenue 2014
    • Landis+ Gyr
      • Table Geographical segmentation by revenue 2014
    • Schneider Electric
      • Table Schneider Electric: Business segmentation by revenue 2014
      • Table Schneider Electric: Business segmentation by revenue 2013 and 2014
      • Table Schneider Electric: Geographical segmentation by revenue 2014
    • Siemens Energy
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report