TechNavio today launched its Smart Meter Deployment in the US “ Survey Report based on an in-depth study focusing of the market with inputs from industry experts. The report aids decision makers™ understanding of the growth potential in this regional market.
Commenting on the report, an analyst from TechNavio™s Cleantech team said, Despite technological advancements in this field, lack of consumer awareness about the technology remains the single biggest challenge that has to be overcome for widespread adoption of this technology.
TechNavio™s report highlights that deployment of smart meters is driven by the need to control electricity consumption based on energy requirements and the usage patterns of consumers. However, end-users and utilities are facing numerous challenges pertaining to the implementation of smart meters.
Key findings from the report:
¢ Variable Tariff Plans a Key Challenge to Implementation
¢ Safety Concerns Prevalent Among End-Users
¢ Increasing Number of Privacy Concerns
The contents of this report are based on research conducted on an objective combination of primary and secondary scores, including inputs from key participants in the industry.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/smart-meter-deployment-us-survey-report
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