Energy Insights yesterday released the results of the Worldwide
Quarterly Smart Meter Tracker. Global smart meter shipments in the
second quarter of 2012 (2Q12) grew 33.6% over the previous quarter, and
were up nearly 51.3% year over year. By the end of 2012, IDC expects
worldwide annual meter shipments to surpass 130 million units.
While smart metering continues to supplant earlier generations of analog
and AMR technologies, shipments are showing different growth patterns
across various geographies. The U.S. market continues to recede from the
ARRA peak and momentum in the smart metering market is now shifting to
Europe, Asia, the Middle East, and Latin America.
A graphic illustrating IDC Energy Insights' worldwide smart meter
shipment forecast by region through 2016 is available at IDC.com.
Instructions on how to embed this graphic into online news articles and
social media can be found by viewing this
press release on IDC.com.
In Europe, utilities are actively testing various advanced metering
infrastructure (AMI) technologies, and many European Union (EU) member
states have signalled their commitment to embrace smart metering in
compliance with the European legislation mandating deployment of smart
meters where economically feasible. These states are now in the process
of finalizing the regulatory framework for their respective national
rollouts, which are to be completed by 2020.
"The regulatory work, in some cases, is taking longer than previousy
anticipated, and some stakeholders are afraid that the deadlines
initially set at national levels may not be met," explained Petr
Stabrawa, senior research analyst with IDC Energy Insights EMEA.
"Despite the continuing political commitment to smart metering, these
regulatory procrastinations, in combination with ongoing macroeconomic
pressures, are currently holding the European smart metering market
As large smart meter tenders are not expected in the EU before the
second half of 2013, global meter vendors are actively exploring new
market opportunities in other geographic regions. In light of their
rapidly increasing energy consumption, outdated energy infrastructure,
and problems with energy loss/theft, the BRIC countries (Brazil, Russia,
India, and China) hold significant potential for the AMI industry.
Facing stiff competition from local vendors that often enjoy
long-standing relationships with domestic utilities, several global
meter vendors have sought to build their position in these markets
through local partnerships and specific product offerings.
Chuang, senior research analyst with IDC Energy Insights, noted, "As
the momentum in AMI deployments moves to less established markets, both
utilities and the vendor community need to determine the best approach
for each market. While each market and utility has different needs and a
different level of smart grid ambition, there is ultimately a compromise
between selecting an ideal customized solution and the costs of
deviating from a standardized approach. This thought process can be
observed when we compare TEPCO's recent tender to the AMI proposals
coming out of Japan just 2-3 years prior."
For additional information about the Worldwide Quarterly Smart Meter
Tracker, or to arrange a one-on-one briefing, please contact Kathy
Nagamine at 650-350-6423 or firstname.lastname@example.org.
*Note: According to IDC Energy Insights, smart meters are defined as
solid state electric meters with integrated two-way communications
capabilities. Smart meters support multiple wireless and power line
communications technologies and enable a range of energy efficiency and
demand response applications.
About IDC Energy Insights
IDC Energy Insights provides research-based advisory and consulting
services focused on market and technology developments in the energy and
utility industries. Staffed by senior analysts with decades of industry
experience, IDC Energy Insights covers both the utility and oil & gas
segments, providing independent, timely, and relevant analysis focused
on key business and technology issues. IDC Energy Insights serves a
diverse and growing global client base, including electric, gas and
water utilities, IT suppliers, independent power producers, retail
energy providers, oil and gas companies, equipment manufacturers,
government agencies, financial institutions, and professional services
firms. International Data Corporation (IDC) is the premier global
provider of market intelligence, advisory services, and events for the
information technology market. IDC is a subsidiary of IDG, the world's
leading technology, media, research, and events company. For more
information, please visit www.idc-ei.com,
email email@example.com, or call
508-935-4400. Visit the IDC Energy Insights Community at http://idc-insightscommunity.com/energy.
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