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Malaysia Smart Meters Market Forecast and Opportunities, 2023

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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 consumer’s 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.

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.

"Malaysia Smart Meters Market Forecast & Opportunities, 2023” report elaborates following aspects about the smart meter market in Malaysia:

• Smart Meters Market Size, Share & Forecast
• Policy & Regulatory Environment
• Changing Market Trends & Emerging Opportunities
• Strategic Recommendations & Competitive Landscape

Why You Should Buy This Report?

• To gain an in-depth understanding of Smart Meters Market in Malaysia
• To identify the on-going trends and anticipated growth in the coming years
• To help industry consultants, power generators, transmission and distribution utilities to align their market-centric strategies
• To obtain research based business decision and add weight to presentations and marketing materials
• To gain competitive knowledge of leading players
• To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with smart meter suppliers and electricity utilities. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

1. Research Methodology
2. Analyst View
3. Product Overview
4. Global Smart Meter Market Outlook
5. Malaysia Smart Meter Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Key Indicators for Smart Meters
5.2.1. Meter Reading Automation
5.2.2. Operational Efficiency
5.2.3. Reduction in Commercial Losses of Energy
5.2.4. Improve Outage Management
5.2.5. Renewable Energy Integration
5.2.6. Growing Demand for Electric Vehicles
5.2.7. Reduce Consumption on Inactive Meter
5.2.8. Enhanced Customer Service
5.2.9. Reliability of System
5.2.10. Environmental Sustainability
6. Malaysia Smart Meter Market – A Regional Snapshot
7. Malaysia Smart Meter Market Outlook - By Cost Component
7.1. IT System & Integration
7.2. AMI & Communication
8. Market Dynamics
8.1. Drivers
8.2. Challenges
9. Trends & Developments
9.1. Renewable Energy Integration
9.2. Demand Response
9.3. Availability of Real Time Data to Help Utilities Reduce T&D Losses
9.4. Smart Meters Help Utilities Track Demand and Supply beyond Substations
10. Policy & Regulatory Landscape
11. Malaysia Economic Profile
12. Competitive Landscape
12.1. Itron Inc.
12.2. Enverv Inc.
12.3. Smart Meter Technologies
12.4. Malaysia Intelligent Meter
12.5. ComintelSdn. Bhd.
12.6. Echelon Corporation
12.7. Elster
12.8. Owon
13. Strategic Recommendations


List Of Tables

Table 1:Difference Between Smart Meter and Traditional Meter
Table 2:Steps followed in Smart Grid Systems to Detect an Outage


List Of Figures

Figure 1:Global Smart Meter Market Size, By Value, 2010 – 2016 (USD Billion)
Figure 2:Global Renewable Electricity Consumption, 2000-2013 (TWh)
Figure 3:Global Transmission and Distribution Losses, 2000-2013, (as a Percentage of Power Generated)
Figure 4:Malaysia Electricity Customer Base, 2016F – 2023F (‘000)
Figure 5:Malaysia Smart Meters Market Size, By Value, 2016F - 2023F (USD Million)
Figure 6:Malaysia Smart Meters Market Size, By Volume, 2016F-2020F (Million Units)
Figure 7:Malaysia Electricity Final Consumption, By Volume, 2010-2013 (ktoe)
Figure 8:Malaysia Electricity Tariff, 2010-2013 (sen/kwh)
Figure 9:Number of Electricity Supply Interruptions per 1000 Consumers in Malaysia
Figure 10:Malaysia Electricity Market Size, By Volume, 2000-2013 (MWh)
Figure 11:Malaysia Electricity Generation Mix, By Fuel Type, 2000-2012 (GWh)
Figure 12:Malaysia Electricity Generation from Renewable Sources, By Fuel Type, 2012-2015 (GWh)
Figure 13:Malaysia CO2 Emissions, 2009-2013 (Million Tons)
Figure 14:Malaysia Automotive Market Size, By Volume, 2008-2013 (Units)
Figure 15:Malaysia Electricity Consumption, By Sector, 2000-2012 (GWh)
Figure 16:Malaysia Transmission Line Network, By kV, 2000-2012 (Km)
Figure 17:Malaysia Y-o-Y Population Growth Rate, 2000-2012 (Percentage)
Figure 18:Malaysia Smart Meters Market Share, By Region, By Volume, 2016F & 2023F
Figure 19:Malaysia Market Size for Smart Meters in IT System and Integration, By Value, 2016F-2023F (USD Million)
Figure 20:Malaysia Market Size for Smart Meters in AMI and Communication, 2016F-2023F, (USD Million)
Figure 21:Malaysia Natural Gas Production, By Volume, 2000-2013 (Cubic Ton)
Figure 22:Itron Inc. Revenue Share, By Sector, 2014
Figure 23:Itron Inc. Financial Details, 2009 - 2014 (USD Billion)
Figure 24:ComintelSdnBhd Financial Details, 2011 & 2015 (USD Million)
Figure 25:Echelon Financial Details, 2010 - 2013 (USD Million)


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Reports Details

Published Date : Jun 2015
No. of Pages :115
Country :Malaysia
Category :Energy and Power
Publisher :TechSci Research
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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