Malaysia Smart Meters Market Forecast and Opportunities, 2023

1
Category Energy Power

• Malaysia Smart Meters Market Forecast and
  Opportunities, 2023

2
Synopsis

• Smart meter is an important component of the
  smart grid network that aids in remote monitoring
  of electricity supply using communication and
  wireless technologies. Smart meters enable
  two-way communication between the meter and
  central system wherein, users have the option of
  transferring surplus power generated at the
  consumers end through solar power panels, back
  to the grid. Malaysia had an electricity access
  rate of 96.83 as of 2013. In order to reduce
  domestic consumption of natural gas for
  electricity generation, the Malaysian government
  is encouraging use of renewable sources. Further,
  increasing government focus to enhance
  electricity transmission and distribution
  efficiency has led to the roll out of smart meter
  implementation program in the country.
• Browse complete Report
• http//www.aarkstore.com/energy-power/120494/malay
  sia-smart-meters-market-forecast-and-opportunities
  -2023

3
Summary

• According to Malaysia Smart Meters Market
  Forecast Opportunities, 2023, the smart meter
  market in Malaysia is projected to grow at a CAGR
  of around 12 during 2016-20. Increasing concerns
  over security and reliability of the grid, rising
  share of renewable electricity and introduction
  of electric vehicles have raised concerns over
  smooth and continuous electricity supply across
  the country. Electricity demand in Malaysia
  increased by about 78 from 2000 to 2013.
  Moreover, during 2004-14, Tenaga Nasional Berhad
  (TNB), the largest electricity utility in
  Malaysia with a customer base of 8.5 million, is
  estimated to have incurred USD1.5 billion in
  transmission and distribution losses. TNB has
  been authorized by the government to conduct
  pilot study on smart meters in Malaysia. The
  project is under pilot phase, and nationwide
  roll-out of smart meters is expected to commence
  from the first quarter of 2016 and completed
  within a time span of 8 years. 

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Table of contents

• 1. Research Methodology 2. Analyst View3.
  Product Overview4. Global Smart Meter Market
  Outlook 5. Malaysia Smart Meter Market
  Outlook 5.1. Market Size Forecast5.1.1. By
  Value5.1.2. By Volume5.2. Key Indicators for
  Smart Meters 5.2.1. Meter Reading
  Automation5.2.2. Operational Efficiency5.2.3.
  Reduction in Commercial Losses of Energy5.2.4.
  Improve Outage Management5.2.5. Renewable Energy
  Integration5.2.6. Growing Demand for Electric
  Vehicles 5.2.7. Reduce Consumption on Inactive
  Meter5.2.8. Enhanced Customer Service

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Malaysia Smart Meters Market Forecast and
Opportunities, 2023 Published Jun 2015  115
Pages

• Smart meter is an important component of the
  smart grid network that aids in remote monitoring
  of electricity supply using communication and
  wireless technologies.
• Price

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