China Continued to Lead the Global Smart Electric Meter Market through 3Q 2016 with More than 348 Million Smart Meter Installations

In the coming decade, smart meter replacements and upgrades will begin to present significant revenue stream opportunities for product vendors and systems integrators, report finds

December 20, 2016 – Boulder, CO – A new report from Navigant Research tracks global utility smart meter projects, providing data on global customer endpoints, meter manufacturers, advanced metering infrastructure (AMI) communications vendors, systems integrators, and meter data management (MDM) vendors.

More than a decade after the earliest models of communicating electric meters were deployed, the market for AMI (or smart meters) remains strong and growing. Since the release of Navigant Research’s Global AMI Tracker in 2Q 2016, the North American market has seen a handful of new project announcements (Entergy, National Grid, and Pacific Power) and some notable project updates (Ameren Illinois), while markets in Europe and Asia Pacific experience continued uptake. Click to tweet: According to a new report from @NavigantRSRCH, China remains the leading global smart electric meter market through 3Q 2016, with more than 348 million smart meters installed, accounting for 67.1 percent of tracked global installations.

“The global smart meter market and its underlying technologies have evolved rapidly since the technology’s inception,” says Michael Kelly, research associate with Navigant Research. “Relatively developed markets include North America, Western Europe, and areas of Asia Pacific, all of which remain strong and growing with significant market opportunities remaining.”

In the coming decade, the second-generation smart meter market (replacements and upgrades) within these highly penetrated regions will begin to present significant revenue stream opportunities for product vendors and systems integrators, according to the report. Less saturated markets, including Eastern Europe, Latin America, and the Middle East & Africa, still face significant barriers to entry, but large volume project activity is forecasted across all of these areas.

The report, Global AMI Tracker 4Q16, provides an analysis of global utility smart meter projects. It tracks data related to global customer endpoints, meter manufacturers, AMI communications vendors, systems integrators, and meter data management (MDM) vendors. The report also includes an examination of the technologies, timeframes, and vendor selections for AMI deployments around the world, along with vendor selection share analysis for North America. An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Lindsay Funicello-Paul

+1.781.270.8456

lindsay.funicello.paul@navigant.com

* The information contained in this press release concerning the report, Global AMI Tracker 4Q16, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Register to Receive Updates

Sign up or login to receive free newsletters, research updates, access to webinars, and other analyst content from Navigant Research.

Data Services

An interactive data visualization platform with online access to global forecasts spanning the energy, utility, transportation, and buildings industries.

More Information

Research News

Rss
The Global Annual Market for Core GISs and Related Asset/Outage Analytics is Expected to Exceed $3.2 Billion by 2025
Among core GIS segments, the nascent cloud computing market is expected to show the highest growth rate during the next several years • A new report from Navigant Research examines the global market for core geographic information…
Read More »
Annual Global Revenue for Power over Ethernet Lighting is Expected to Exceed $419 Million in 2025
Lighting manufacturers and technology companies are partnering to further advance Power over Ethernet lighting and increase building systems integration • A new report from Navigant Research analyzes the global market for Power over Ethernet…
Read More »
Trane and Carrier Rank as Leading HVAC System Vendors in Navigant Research Assessment
Industry players need strong digital offerings to set themselves apart from the competition • A new Leaderboard report from Navigant Research examines the strategy and execution of 12…
Read More »
More than 37 Million Plug-in Electric Vehicles are Expected to be in Use in 2025
Long-range battery electric vehicles appear positioned for success as prices become competitive with economy brands after subsidies • A new report from Navigant Research provides forecasts, market sizing, and market share analysis…
Read More »
View All News

{"userID":"","pageName":"China Continued to Lead the Global Smart Electric Meter Market through 3Q 2016 with More than 348 Million Smart Meter Installations","path":"\/newsroom\/china-continued-to-lead-the-global-smart-electric-meter-market-through-3q-2016-with-more-than-348-million-smart-meter-installations?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+NavigantResearchNewsroom+%28Navigant+Research+%C2%BB+Newsroom%29","date":"1\/18\/2017"}