Market Overview

The global smart meters market size reached US$ 22.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.5% during 2023-2028.
Data Source: https://www.imarcgroup.com

Smart meters are electronic devices that accurately measure and record electricity, gas and water usage. They consist of a microcontroller, power system, and communications interface.
Smart meters offer a wide range of advantages, such as reduction of meter reading costs, preventing disconnection, elimination of billing inefficiencies, and lower reconnection costs for businesses and consumers.
The smart meters market can be segmented in terms of products, end use, and region. Here we talk about the product. That includes smart electricity meter, smart gas meter, and smart water meter.
Smart electricity meter dominates the market and will be for years to come.

Despite rapid growth, the smart meter market still faces challenges: providing reliable and accurate information 24/7, allowing its power supplies to withstand all kinds of interference and still power this equipment, adapting to the trend towards smaller and smaller sizes, affordable, etc.

All these challenges weigh on engineers, who also need to ensure an appropriate level of accuracy, safety, and security. Smart meters also need to adhere to national standards and state and local requirements for proper and secure operation. A robust and quality-certified power supply system can support the circuit design of reliable and technologically-advanced smart electricity meters.
Thus, selecting the appropriate power supplies is essential to ensure optimal safety standards and lower the chances of malfunctioning in field developments. For this reason, engineers should consider some of the power supply requirements for smart energy metering system applications. Some of these factors to consider include the following:

● 60-230VAC stable input
● Transient power of 6.72W
● EMI CLASS B with surge equal to or over 2kV

• AC/DC Converter
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• SMPS Brochure
• 305RAC Selection
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Technical team. Our technical engineers at MORNSUN have designed varied AC/DC power supplies catering to the various needs of your power systems. You can choose one or more of our advanced and cost-efficient components, from board mount AC/DC converters and enclosed switching power supplies to DIN Rail power supplies. Guided by the service principle of "trustworthy", MORNSUN offers the best products, fast and local service, and efficient pre-sales and after-sales support for clients worldwide.

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