Navigant Research has identified 29 new smart meter projects since the issue of the company’s global advanced metering infrastructure (AMI) tracker in the second half of 2018.
According to the study:
- North America has seen several new smart meter projects announcements from larger utilities. Announcements made include by Dominion Virginia, Duke Energy Florida, and Tampa Electric
- The market remains strong owing to new rollouts and second-generation smart meter upgrades by 1st world countries
- Developing economies are advancing beyond the nascent stage. The majority of new projects are found in Asia Pacific, Latin America, and the Middle East.
- Rollout remains a challenge in Africa due to financial constraints. However, small-to-mid-scale projects continue to propagate.
Countries such as Argentina, Colombia, Costa Rica and Peru have positively impacted the market in Latin America.
Middle-East countries including Kuwait, Iran, Lebanon, Saudi Arabia, and the United Arab Emirates have announced large-scale projects.
Michael Kelly, research analyst with Navigant Research, said: “In Europe, a flurry of smart meter projects 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.”
The report analyses data related to global customer endpoints, meter manufacturers, AMI communications, systems integrators, and meter data management system, through 3Q 2018.
For more information about the report, visit Global AMI Tracker 4Q18.