The adoption of smart meters is surging around the world, and electric utilities are accelerating their deployments of the devices, often as part of larger smart grid initiatives. Advanced metering infrastructure (AMI), which utilizes two-way communications networks and integrated intelligence to enable increased visibility and management of electricity usage, is envisioned by many utilities to be the foundation for a broad array of new energy efficiency and management services.
Pike Research forecasts that the world market for smart meters will peak at just over 100 million units in 2015, followed by a gradual decline in annual unit shipments. The growth of the industry will be characterized by regional waves of adoption, beginning with the North American market, which will peak in 2012, followed by a peak in Asia Pacific in 2015, in Europe in 2017, and more gradual long-term growth in Latin America, the Middle East, and Africa. By 2020, the global installed base will reach 963 million smart meters, a penetration rate of 59% among all installed electric meters.
This Pike Research report provides detailed market forecasts for the fast-growing global smart meter market. The study includes market sizing and forecasting of the smart meter industry through 2020 in terms of unit shipments, total installed base, revenues, and average selling prices. Forecasts are segmented by world region, meter type, and neighborhood area networking (NAN) technology.
Key Questions Addressed:
- What are the current forecasts for smart meters on a global basis and each region?
- Which AMI technologies are likely to lead within each region?
- What is the breakout between meters with and without integrated HAN interfaces?
- When will the smart meter market peak within each region?
- How will smart meter deployment technologies and timing differ around the world?
Who needs this report?
- Advanced metering infrastructure hardware and software vendors
- Networking and telecommunications vendors
- Energy management companies
- Meter and communications component suppliers
- Utilities
- Standards organizations
- Government agencies
- Investor community
Table of Contents
1. Executive Summary
1.1 Smart Meter Forecast Update
2. Definitions
2.1 Smart Meter Basic Definition
2.2 Advanced Metering Infrastructure (AMI)
2.3 Type of Smart Meters
3. Market Forecasts
3.1 Total Electrical Meter Market
3.2 Smart Electrical Meter Market
3.2.1 Smart Meter Installed Base
3.2.2 Smart Meter Forecast by Type
3.2.3 Advanced Smart Meter Shipment Forecast
3.2.4 Smart Meter Shipments by NAN Technology
3.2.4.1 Advanced Smart Meters by NAN Technology
3.2.5 Advanced Smart Meter Forecast by HAN Technology
3.3 Smart Meter Revenues and Average Selling Prices
4. Acronym and Abbreviation List
5. Table of Contents
6. Table of Charts and Figures
7. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
- Smart Meter Shipments by Region, World Markets: 2010-2020
- Electrical Meter Installed Base, World Markets: 2010-2020
- Smart Meter Installed Base (of all Electrical Meters) by Region, World Markets: 2010-2020
- Electrical Meter Installed Base by Region, World Markets: 2010-2020
- Electrical Meter Shipments by Region, World Markets: 2010-2020
- Smart Meter Shipments by Region, World Markets: 2010-2020
- Smart Meter Shipments and Installed Base, United States: 2010-2020
- Smart Meter Shipments and Installed Base, Canada: 2010-2020
- Smart Meter Installed Base by Region, World Markets: 2010-2020
- Smart Meter Installed Base (of all Electrical Meters) by Region, World Markets: 2010-2020
- Electrical Meter Shipments with Percentage Smart Meter Shipments by Region, World Markets: 2010-2020
- Smart Meter Shipments by Type, World Markets: 2010-2020
- Advanced Smart Meter Shipments as a Percentage of All Smart Meter Shipments by Region, World Markets: 2010-2020
- Advanced Smart Meter Shipments by Region, World Markets: 2010-2020
- Advanced Smart Meter Installed Base (of all Smart Meters) by Region, World Markets: 2010-2020
- Smart Meter Unit Shipments by NAN Technology, World Markets: 2010-2020
- Smart Meter Unit Shipments by NAN Technology, North America: 2010-2020
- Smart Meter Unit Shipments by NAN Technology, Europe: 2010-2020
- Advanced Smart Meter Unit Shipments by NAN Technology, World Markets: 2010-2020
- Advanced Smart Meter Shipments by HAN Technology, World Markets: 2010-2020
- Basic and Advanced Smart Meter Revenue and ASPs, World Markets: 2010-2020
- Smart Meter Revenue and ASPs, World Markets: 2010-2020
- Advanced Smart Meter Revenue by Component, World Markets: 2010-2020
- Typical Smart Meter Network Architecture
List of Tables
- All Electrical Meter Shipments by Region, World Markets: 2010-2020
- Electrical Meters Installed Base by Region, World Markets: 2010-2020
- Smart Meters Installed Base and Penetration Rates by Region, World Markets: 2010-2020
- Advanced Smart Meters Installed Base and Penetration Rates by Region, World Markets: 2010-2020
- Smart Meter Shipments, Average Selling Price and Revenue by Region, World Markets: 2010-2020
- Smart Meter Shipments as a Percentage of All Electrical Meter Shipments by Region, World Markets: 2010-2020
- Smart Meter Shipments by NAN Technology by Region, World Markets: 2010-2020
- Basic Smart Meter Shipments, Average Selling Price and Revenue by Region, World Markets: 2010-2020
- Basic Smart Meter Shipments by NAN Technology by Region, World Markets: 2010-2020
- Advanced Smart Meter Shipments, Average Selling Price and Revenue by Region, World Markets: 2010-2020
- Advanced Smart Meter Component Shipments, Average Selling Price and Revenue, World Markets: 2010-2020
- Advanced Smart Meter Shipments by NAN Technology by Region, World Markets: 2010-2020
- Advanced Smart Meter Shipments by HAN Technology by Region, World Markets: 2010-2020
- Electrical Meter Shipments, North America: 2010-2020
- Electrical Meter Installed Base, North America: 2010-2020
- Smart Meter Installed Base and Penetration Rate, North America: 2010-2020
- Smart Meter Shipments, Average Selling Price and Revenue, North America: 2010-2020
- Basic Smart Meter Shipments and Revenue, North America: 2010-2020
- Advanced Smart Meter Shipments and Revenue, North America: 2010-2020
- Electrical Meter Installed Base, World Markets: 2010-2020
- Percent of Advanced Smart Meter Shipments of Total Smart Meter Shipments, World Markets: 2010-2020
- Smart Meters by NAN Technology, World Markets: 2010-2020
- Smart Meters by NAN Technology, North America and Europe: 2010-2020
- Advanced Smart Meter Shipments by NAN Technology, World Markets: 2010-2020
- Basic and Advanced Smart Meters Revenue and Average Selling Price, World Markets: 2010-2020