A new report from Navigant Research offers an analysis of global utility smart meter projects, providing data related to global customer endpoints, meter manufacturers, advanced metering infrastructure (AMI) communications vendors, systems integrators, and meter data management system (MDMS) vendors, through 3Q 2018.
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 finally advancing beyond the nascent stage, with an uptick in notable project announcements across areas of Asia Pacific, Latin America, and the Middle East. Click to tweet: According to a new report from @NavigantRSRCH, 29 new projects have been announced globally since the last iteration of Navigant Research’s Global AMI Tracker.
“Since the release of Navigant Research’s previous Global AMI Tracker in 2Q 2018, the North American market has seen several new project announcements from larger utilities (e.g., Dominion Virginia, Duke Energy Florida, and Tampa Electric) and smaller public utilities,” says Michael Kelly, research analyst with Navigant Research. “In Europe, a flurry of smart meter activity continues, with several ongoing and planned deployments, and the Asia Pacific market remains fragmented, with some countries engaging in large-scale projects while many others show limited to no activity.”
Latin America has traditionally been an underdeveloped market, but countries like Argentina, Colombia, Costa Rica, and Peru are pursuing AMI. In the Middle East & Africa, which has also been slow to adopt AMI, a few countries such as Kuwait, Iran, Lebanon, Saudi Arabia, and the United Arab Emirates have announced large-scale projects. Africa is still significantly inhibited by financial constraints, though small- to mid-scale projects continue to propagate across the continent.
The report, Global AMI Tracker 4Q18, 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. An Executive Summary of the report is available for free download on the Navigant Research website.
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Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of clean, intelligent, mobile, and distributed energy. Additional information about Navigant Research can be found at www.navigantresearch.com.
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* The information contained in this press release concerning the report, Global AMI Tracker 4Q18, 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.