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Q1 smart meter shipments up 22.7%

Posted: 15 Jun 2011 ?? ?Print Version ?Bookmark and Share

Keywords:smart meter? global market? energy solution?

Smart meter makers sold close to 5 million units in the first quarter of 2011. The Q1 shipments22.7 percent higher than that recorded a year agois a clear sign that the global smart meter industry is gaining momentum.

The figure marks the second highest quarter of shipments to date, falling just shy of the record figure of 5.1 million meters shipped in the second quarter of 2010. IDC Energy Insights Worldwide Quarterly Smart Meter Tracker forecasts that the global smart meter market will exceed 71 million by 2015, reflecting a 5-year compound annual growth rate (CAGR) of 25.3 percent.

While the smart meter market has historically been driven by North America and Europe, IDC said it expects significant progress toward global adoption within the forecast period. In the Asia-Pacific region, the market for smart meters is rapidly developing, led by gains in China, Japan, Australia and South Korea, while Brazil and Mexico appear poised to drive smart metering in Latin America. Despite regional differences in the communication technology landscape, one thing is the samemomentum is building.

Roberta Bigliani, research director of IDC Energy Insights for Europe, Middle East & Africa (EMEA), noted that progress toward smart metering has been made in EMEA. Bigliani said: "EMEA have seen significant progress in terms of units shipped, growing 43.8 percent last quarter. In Spain, Endesa has progressed with its rollout plan and Iberdrola has proceeded to the final stage of its initial pilot. In France, mass deployment is just around corner. And the U.K. does not want to be left behind. British Gas has proceeded with the announced rollout using Landis+Gyr multienergy solution and Trilliant communication. Based on country-level research that was launched this quarter, in the U.K. the growth of the installed base for Q1 was 17.3 percent."

Dean Chuang, senior research analyst on IDC Energy Insights Trackers team, noted: "Despite the initial industry and public reluctance for change in North America, smart meters can serve the interests of both the utility and the customer. This dual purpose will drive utilities around the world to adopt smart metering technology and launch the next generation of grid infrastructure."

- Paul Buckley
??EE Times

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