Semiconductor manufacturer partners with energy industry solution providers to meet smart meter demand
Increasing adoption of smart grid metering technologies expected to create a $2 billion market by 2012.
Skyworks Solutions Inc., a provider of analog and mixed signal semiconductors, has partnered with several energy industry solution providers to meet the growing worldwide demand for smart water, gas, and electric meter readers. These strategic partnerships are enabling Skyworks to develop and ramp low-cost solutions for remote meter reading applications and smart grid technologies.
Smart grids deliver power and energy from suppliers to consumers using digital technology, reducing utility and consumer costs while increasing system reliability.
Skyworks' customers include Badger Meter, ESCOTechnologies, Itron, Landis + Gyr Group, and Sensus. Each of these key energy management providers leverage Skyworks' front-end modules and linear products for their next-generation meters and advanced metering infrastructure (AMI) solutions.
"The energy management space has tremendous potential with several catalysts driving demand,” said Liam K. Griffin, senior vice president, sales and marketing for Skyworks. “The adoption of wireless technology provides a compelling benefit to metering suppliers and utilities, and we are in the early stages of this global upgrade cycle.”
Gartner Group expects more than 150 million smart meters to be installed worldwide in the next five years, with approximately 50% of those in North America—creating a cumulative semiconductor business of $2 billion by 2012.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey