Market Research Report
Market Data - Smart Meter Global Forecasts - Smart Electric Meters and Advanced Metering Infrastructure: Global and Country-Level Market Analysis and Deployment Forecast
|Published by||Navigant Research||Product code||914962|
|Published||Content info||28 Pages; 55 Tables, Charts & Figures
Delivery time: 1-2 business days
|Market Data - Smart Meter Global Forecasts - Smart Electric Meters and Advanced Metering Infrastructure: Global and Country-Level Market Analysis and Deployment Forecast|
|Published: October 30, 2019||Content info: 28 Pages; 55 Tables, Charts & Figures||
Smart meters have grown into one of the most polished business cases for the deployment of advanced communications networks across smart grids. Each meter is both a data collection point and a communications node, enabling greater returns on utility investment while maximizing benefits provided to utilities and their customers. Smart meters have the highest deployment rates of any smart grid technology, and the global market, although slowing slightly, continues to expand.
The global smart meter market is driven by ongoing utility investment in grid intelligence, security, and edge computing technologies. Most markets globally continue to pursue and install first-generation deployments, while progressive and aggressive markets such as much of North America and Europe are driving the market forward with second-generation projects. Differences stem from variations in deployment and project status, with some regions wrapping up their major deployments, while other regions, such as India and much of the Middle East are just beginning their projects. Detailed regional forecasts are discussed in depth in the report.
This Navigant Research report addresses and forecasts the global and regional markets for smart electric meters, or advanced metering infrastructure (AMI). The study analyzes market drivers, including operational cost reductions, advanced automation applications for meters, distributed energy resources (DER) integration, reliability improvements, billing accuracy enhancements, and customer experience augmentations. Global market forecasts segmented by region extend through 2028. The report also details various market barriers such as financial and technological challenges, regulatory obstacles, and consumer pushback.