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Navigant Research Report Shows China Still Leading the Global Smart Meter Market with 68% of Tracked InstallationsA new report from Navigant Research 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. In Asia Pacific, the smart meter market remains fragmented, with a subset of the region's major countries engaging in large-scale projects and many others showing limited to no activity. While the market's overall potential is expected to rest heavily on the success of India's ambitious smart meter pursuits, high volume deployments continue across Japan and, particularly, China, as their utilities push toward near nationwide coverage. Click to tweet: According to a new report from @NavigantRSRCH, China continues to lead the global smart meter market through 1Q 2017 with upwards of 408 million meters installed, accounting for 68.3 percent of tracked installations. "As expected, progress in China continues as the State Grid Corporation of China (SGCC) approaches the tail end of its nationwide rollout in 2017," says Michael Kelly (News - Alert), research analyst with Navigant Research. "Meanwhile, the North American smart meter market has seen a handful of new project announcements and some notable project updates, while in Europe, smart electric meter activity remains high as multiple national rollouts continue in varying stages of deployment." In Eastern Europe, Latin America, and the Middle East & Africa, smrt meter uptake remains limited, according to the report. These regions still face significant barriers to entry, though large-volume project activity is on the horizon, primarily as a function of theft prevention, labor cost reduction, and grid modernization goals. The report, Global AMI Tracker 2Q17, 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 report 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 Navigant Research website. About Navigant Research 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 the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com. About Navigant Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant's professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant's practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com. * The information contained in this press release concerning the report, Global AMI Tracker 2Q17, 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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