Smart Energy Meters Market in Germany 2009-2013

Online, February 25, 2010 (Newswire.com) - Smart energy meters, which accurately track energy consumption, offer major benefits to both customers and companies: they can detect service outage, the unauthorized use of electricity and change the maximum amount of electricity that a customer can demand.

TechNavio Insights announces this week the launch of the report 'Smart Energy Meters Market in Germany 2009-2013.'

According to TechNavio, the market for the Smart energy meters in Germany is forecast to reach $746.2 million in 2013 from $20.0 million in 2009; thus, growing at a CAGR of 147.1 percent over the forecast period

The requirements and directives of international agreements, such as the Kyoto protocol, are further driving the sales of Smart energy meters.

'In Germany, it is compulsory for metering service companies to install meters that collect the actual consumption and time of use, from 2010,' says a TechNavio expert.

This report covers the scope of Smart energy meter market in Germany, along with forecasts, trends, drivers and challenges. For further information about this report, please visit: http://www.technavio.com/content/smart-energy-meters-market-germany-2009-2013