North American smart meter market has plateaued

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The North American smart meter market has plateaued, according to a report by Navigant Research.

In North America, the United States has seen a slowdown in smart meter project activity following the conclusion of the U.S. Department of Energy’s Smart Grid Investment Grant Program.

This program contributed to an influx of smart meter installations across the United States from 2009 to 2012, but fewer project announcements have occurred since 2013. One notable exception comes from Consolidated Edison and Orange & Rockland Utilities, which plan to deploy 3.9 million smart meters across their service territories beginning in 2017.

Outside of North America, there has been activity across the European and Asia Pacific smart meter markets. Europe is a highly variable region with regards to smart meter deployments.

Aclara gained market share after being selected for a project that includes the deployment of 3.9 million smart meters across New York State.

From 2009 to 2012, the U.S. Department of Energy’s Smart Grid Investment Grant Program contributed to an influx of smart meter installations across the United States. Since then, fewer project announcements have occurred, with a few scheduled deployments such as those by Consolidated Edison (Con Edison) and Hawaiian Electric helping to sustain the presence of AMI activity.

“While there has been a decline in the rate of project deployments across North America, one notable exception comes from Con Edison and Orange & Rockland Utilities,” says Michael Kelly, research associate with Navigant Research. “Aclara gained significant market share after being selected for this project, which includes the deployment of 3.9 million smart meters across New York State.”

Based on the projects tracked in the report, Aclara was the top manufacturer in terms of the cumulative share of planned smart meters in the North American market at 28.6 percent at the end of April 2016. Itron and Landis+Gyr followed at 24.2 percent and 23.7 percent, respectively, with Sensus and Honeywell rounding out the top four vendors with a combined 14.0 percent share of planned smart meters.

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