China Continues to Lead the Global Smart Electric Meter Market, with Nearly 70 Percent of Tracked Installations

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Trailing regions North America and Western Europe will continue to present smart meter project opportunities as more late adopters come to the table

A new report from analyzes the state of the global utility electric smart meter market, tracking data related to customer endpoints, meter manufacturers, advanced metering infrastructure (AMI) communications vendors, systems integrators, and meter data management (MDM) vendors.

The smart electric meter market remains strong as developed markets continue to mature through a mix of new deployments and second-generation upgrades. Meanwhile, developing markets are showing promise as new pilot- and commercial-scale projects continue to emerge. : According to a new report from , with upwards of 469 million smart meters at the end of 3Q 2017, China continues to lead the market, accounting for 68.7 percent of tracked global installations.

“The relatively developed markets of North America and Western Europe trail China in installations but will continue to present project opportunities as more late adopters come to the table in response to lower technology costs and proven use cases,” says Michael Kelly, research analyst with Navigant Research. “In addition, a higher frequency of replacement and upgrade projects is expected, and is already beginning to play out in parts of North America, Italy, and Sweden. These second-generation projects are likely to affect vendor share and communications share selection analyses, with powerline communications already demonstrating a notable decline.”

In other regions, such as Asia Pacific, Latin America, and the Middle East, the market remains fragmented or underdeveloped thanks to deployments in major countries and limited to no activity in others, according to the report. In Africa, the region continues to be inhibited by financial constraints, though more high-level activity is emerging from countries like Egypt, Nigeria, and South Africa.

The 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 MDM vendors. The Tracker 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 .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Global AMI Tracker 4Q17, 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.

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