World : Electricity Metering Report Ed 3 2017

NEW YORK, Aug. 3, 2017 /PRNewswire/ -- Installed Base and Demand Forecasts for Meters, Electromechanical, Basic Electronic, Prepayment Meters, C&I Meters, Grid Meters, AMR and AMI Meters, The Smart Grid and Smart Deployments, Future Metering Trends, Cyber Security & the Smart Grid, Market Drivers, Vendors.

  • The global meter market is driven by large deployments of smart meters, huge and almost complete for the first round in China, quickening in Europe, starting in the rest of Asia but slowing down in the United States. Japan and Korea are at the forefront of the Smart Grid and the Smart City. 
  • We are entering the phase of smart meters replacements with the 2nd generation smart meter. 
  • Several big countries go large on prepayment metering. Prepayment meters (PPM) provide a solution to the chronic problems of low income budgeting and energy theft in the developing world; the Indian sub-content, sub-Saharan Africa and South America. In some African countries only 50% of electricity generated is paid for; half is not even billed to the distribution companies and another half is stolen by the consumers. Advanced PPMs are delivering with smart metering. 
  • There is still a large demand for basic meters in the many countries which are not yet going 'smart'. This report covers all segments of the meter market; residential basic and smart, prepayment, AMR & AMI, C&I and Grid. 
  • The global market is estimated at XXX million meters in 2016, rising to XXX million in 2020 but then falling to XXX million in 2021. The reason for the decline in 2021 is that several of the largest deployments of smart meters are scheduled for completion in 2020 and currently it looks as if this will be achieved, notably in France and Spain. The largest rollout in the world, in China, is nearing completion and the replacement cycle is starting. 
  • Global demand for meters has followed a cyclical pattern for the last one hundred years determined by economic and demographic growth. This is being turned on its head in some countries with fast national smart deployments. The pattern will change totally but we can still project the future demand cycle, with the same methodology and different inputs. See examples in this report. 
  • The overall average price of meters will increase because the mix of meters will change by a fairly large margin, from cheaper basic meters to smart meters and PPM meters. The fundamentals such as BOM, affecting prices of individual meter categories will remain fairly constant , except for the more advanced smart meters which will benefit from progress on the learning curve.
  • Cyber security has become a significant issue for metering with the advent of smart meters, with a growing number of attacks on grids. For some time, cyber security has been an increasing concern for the IT and Telecoms industries, and for distributed control systems throughout all industries. In 2017 the NHS, the UK National Health Service which is the fifth biggest employer in the world, was attacked with ransomware and large swathes of it were paralysed, causing cancellations of operations and medical appointments.


Source :

Smart Grid Bulletin June 2019

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