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Electricity MeterReport 2015 Ed 2

  • September 2015
  • 415 pages
  • Statplan Energy Ltd
Report ID: 3290024

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Electricity meter sales will top 173 million meters globally in 2015. After four years flatlining the race is on and sales will accelerate in 2016. Global sales excluding China will increase 22% from 2015 to 2020. Twenty years ago 99% of the world’s meter stock was electromechanical, today it is 66% and this will be down to 44% by 2020. 29% of European LV meters were AMI in 2014 and this is predicted to reach 64% by 2020.The United States market has slowed down following the end of the fiscal stimulus. The long awaited smart meter expansion is beginning in Europe and the Middle East. South America will follow with smart meters and prepay-ment meters. In 2015 smart meters amounted for 35.4% of low voltage (LV) meter sales, and this will rise to 45.7% in 2020. The market for smart meters is taking off but some planned schedules may be overly ambitious , while other deployments will be completed before 2020.A new and escalating trend is prepayment metering (PPM), an old technology with a new twist. In 2015 PPM sales were 11.2% of LV meter sales outside China. This will rise to 14.9% in 2020, an increase of one third in five years. PPM provides an intermediate solution to the chronic problem of energy theft in Asia, especially the Indian sub-content, sub-Saharan Africa and South America.Among manufacturers of meters a new trend is increasing. Asian and African companies are buying established European meter companies to spearhead a drive into global markets.

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