The global smart electric meter market is in a period of growth, but has not yet reached the maturity stage. Developed markets continue to grow as late adopters embrace advanced metering infrastructure (AMI) and second-generation smart metering propagates among the early adopters. Meanwhile, emerging markets are showing signs of smart metering development as costs continue to decline, use cases are demonstrated, and stricter mandates/regulations come into effect.
Since the release of Navigant Research’s previous Global AMI Tracker in 4Q 2017, the North American market has seen a few new project announcements, particularly among smaller public utilities. Across Eastern Europe, pilot- and small-scale projects continue to propagate. In contrast, much of Western Europe is in the process of or has already achieved large-scale deployments. The Asia Pacific market has seen limited activity since the last release, with a subset of the region’s major countries continuing to advance large-scale projects while many others show limited to no activity. In Latin America, countries like Argentina, Peru, and Colombia are beginning to explore AMI. Although the Middle East has also been slow to adopt smart metering, countries like Kuwait, Lebanon, and the United Arab Emirates have announced large-scale projects. Africa is still inhibited by financial constraints, though disparate small- to mid-scale projects continue to proliferate across the continent, along with a few more meaningful deployments.
This Navigant Research report 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 system (MDMS) vendors. The Tracker also includes an examination of the technologies, timeframes, and vendor selections for AMI deployments around the world, as well as vendor selection share analysis for North America.