According to Europa, EU member states have announced to roll-out around 200 million smart meters for
electricity and 45 million smart meters for gas by 2021. Therefore, 70% of European consumers are expected
to have smart meters by 2020. China has included installation of smart meters in its 5 year nationwide plan in
order to upgrade grid infrastructure. Furthermore, deployment of smart meters in Japan is expected to reach
new levels as Tokyo Electric Power Co (TEPCO) announced to install 27 million smart meters by 2021.
Additionally, there are undergoing pilot projects in India that will set stage for deployment of smart meters in
near future.
Global market for smart meter is shifting towards European and Asia-Pacific regions. On the other hand, the
US market has levelled off however, installations are taking place. But the market activities in Western Europe
are pacing up, utilities is France, United Kingdom and Spain has upcoming projects and targets by the end of
forecast period. And in Eastern Europe utilities have accelerated investments and stepped up plans for
deployment of smart meters by 2021.
Companies Profiled:
Elster Group SE
Landis+GYR
Itron Inc.
Siemens AG
Schneider Electric SA
Sensus
Holley Metering Limited
Honeywell international Inc.
Badger Meter Inc.
Circutor SA
Infinium Global Research