Smart-meter IC opportunity offers unit and ASP growth, says IHS

August 19, 2015 //By Peter Clarke
Smart-meter IC opportunity offers unit and ASP growth, says IHS
The global market for smart meters is going to be 132 million units in 2015 and to rise to 150 million units in 2019, a compound annual growth rate of 3.2 percent, according to IHS.

This will provide opportunities for ICs. Global revenues for semiconductors used in water, gas and electric meters reached $1.2 billion in 2014, with a year-over-year growth of 11 percent and a five-year compound annual growth rate of 8 percent, the market research firm claims. The average cost of chips used in two-way meters was approximately $11 in 2014, IHS estimates. About two thirds of that semiconductor revenue comes from microcontroller and analog components, said IHS.

Unusually, even though volumes and competition will increase over time, average selling prices (ASPs) are expected to increase rather than fall. This is because the industry will be transitioning from low-cost 8-bit microcontrollers to more expensive 32-bit MCUs with additional memory requirements and system-on-chip components with increased security.

"The semiconductor industry for electric meters is moving toward a single-chip solution for measuring and communicating with the grid station, which is an important industry trend to watch," said Robbie Galoso, an analyst with IHS Technology, in a statement. "Water and gas meters require fewer semiconductor components; however, they need extra semiconductors for sensing and battery management."

Meters are evolving from those that merely register end-user usage, into systems that can be queried for on-demand data, upgraded remotely, shut off in case of emergency or non-payment and used for variable pricing.

Related links and articles:

www.ihs.com

News articles:

Hackers could steal data by turning IoT devices into radios

Smart meters can destabilize grid, says study

Smart-meter ICs aim for accuracy

Copenhagen starts smart LED lighting experiment

Reference design for accurate water/heat flow monitoring

 


Vous êtes certain ?

Si vous désactivez les cookies, vous ne pouvez plus naviguer sur le site.

Vous allez être rediriger vers Google.