A new report from Navigant Research analyzes the global market opportunity for smart electric meters, with a focus on advanced metering infrastructure (AMI) communications technologies, including forecasts for smart electric meter installed bases, as well as shipments and associated revenue, through 2025.
The report, Market Data: Smart Meters, examines the global market opportunity for smart electric meters, with a focus on AMI communications technologies. The study provides market forecasts through 2025 for smart electric meter installed bases, as well as shipments and the associated revenue. Forecasts are segmented by region, country, utility type, and technology, including cellular, radio frequency (RF) mesh, point-to-multipoint, power line communication (PLC), and other (e.g., fiber and Wi-Fi). The report also examines the key global market drivers and barriers related to smart metering.
More than a decade after the earliest models of communicating electric meters were deployed, the market for AMI remains strong and growing. Smart meters are becoming more prevalent as projects in emerging markets begin to gain traction, while more developed markets remain active.
“The market for smart electric meters is anticipated to remain healthy over the 2016-2025 forecast period, with global revenue attributed to smart meter shipments expected to grow from approximately $8.8 billion in 2016 to over $10.7 billion in 2025,” says Michael Kelly, research associate with Navigant Research in a press release. “Further growth will be supported by utility- and government-sponsored deployments, along with a growing market for replacement and upgrade units.”
According to the report, following China’s massive smart meter rollout, activity is increasing across Asia Pacific, while Latin America and the Middle East & Africa are also experiencing increased activity after a slow entry into the smart meter market. New deployments continue among later adopters in the United States.
Related Stories
Industry Research | Nov 8, 2016
Austin, Texas wins ‘Top City’ in the Emerging Trends in Real Estate outlook
Austin was followed on the list by Dallas/Fort Worth, Texas and Portland, Ore.
Industry Research | Nov 4, 2016
New survey exposes achievement gap between men and women designers
Female architects still feel disadvantaged when it comes to career advancement.
Market Data | Nov 2, 2016
Nonresidential construction spending down in September, but August data upwardly revised
The government revised the August nonresidential construction spending estimate from $686.6 billion to $696.6 billion.
Industry Research | Nov 1, 2016
Perkins Eastman Research releases white paper on ‘Centers for Healthy Living’ and whole-person wellness
Among the spotlight projects used as case studies for this white paper are C.C. Young, Dallas, Texas; Clark-Lindsey Village, Urbana, Ill.; Moorings Park, Naples, Fla.; NewBridge on the Charles, Dedham, Mass.; Rockwood Retirement Living: The Summit, Spokane, Wash.; Saint John’s on the Lake, Milwaukee, Wis.; and Spring Lake Village, Santa Rosa, Calif.
Market Data | Oct 31, 2016
Nonresidential fixed investment expands again during solid third quarter
The acceleration in real GDP growth was driven by a combination of factors, including an upturn in exports, a smaller decrease in state and local government spending and an upturn in federal government spending, says ABC Chief Economist Anirban Basu.
Market Data | Oct 28, 2016
U.S. construction solid and stable in Q3 of 2016; Presidential election seen as influence on industry for 2017
Rider Levett Bucknall’s Third Quarter 2016 USA Construction Cost Report puts the complete spectrum of construction sectors and markets in perspective as it assesses the current state of the industry.
Industry Research | Oct 25, 2016
New HOK/CoreNet Global report explores impact of coworking on corporate real rstate
“Although coworking space makes up less than one percent of the world’s office space, it represents an important workforce trend and highlights the strong desire of today’s employees to have workplace choices, community and flexibility,” says Kay Sargent, Director of WorkPlace at HOK.
Market Data | Oct 24, 2016
New construction starts in 2017 to increase 5% to $713 billion
Dodge Outlook Report predicts moderate growth for most project types – single family housing, commercial and institutional building, and public works, while multifamily housing levels off and electric utilities/gas plants decline.
Industry Research | Oct 20, 2016
New book from HDR explores opportunities for how healthcare organizations can reinvent the patient experience
Delta offers a close look at specific activities and behaviors that can help healthcare providers and caregivers discover revolutionary concepts to help them embrace and thrive in the rapid change that surrounds them.
Designers | Oct 12, 2016
Perkins Eastman and EwingCole co-publish new white paper examining the benefits and challenges of design research
The survey’s findings, combined with input from the EDRA conference, informed the content produced for “Where Are We Now?”
