Emerging markets to more than double smart meter growth in 2013, $56bn market by 2022

The number of smart meter deployments across 35 emerging market countries in 2013 will be more than double the number of deployments in 2012, according to Northeast Group. With growth continuing throughout the decade, these countries will represent a smart metering – or advanced metering infrastructure (AMI) – market of $56 billion by 2022. The total number of electricity meters in these countries will grow to 546 million by 2022, with 27% already targeted by regulators to be « smart. » The new study analyzes the smart meter and smart grid potential of 35 countries from Central/Eastern Europe, Eurasia, Latin America, Middle East/North Africa, South Africa and Southeast Asia.

In recent years, smart grid activity has largely been focused in North America, Western Europe, and East Asia, primarily due to higher electricity demand profiles in these regions. But smart grid infrastructure offers emerging markets a diverse array of benefits as well, including improving reliability, reducing non-technical losses, and incorporating renewable sources of energy. As smart grid financing models and regulatory frameworks have improved, emerging market countries are catching up with their more developed peers.

All 35 countries analyzed are projected to begin smart grid deployments in the coming decade. In fact, 14 of the 35 countries are well positioned to begin large-scale smart grid deployments within the next 1–3 years. These include Brazil, Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Mexico, Poland, Qatar, Romania, Singapore, Slovakia, Slovenia, and the United Arab Emirates. Some of these countries are already in the early stages of large-scale rollouts.

Smart metering – or AMI – deployments will be the first step of smart grid activity in most of these countries, creating significant markets for the various AMI components across the 35 countries. Following AMI, there is strong potential for distribution automation, substation automation, wide area measurement and home energy management technologies, including distributed generation and electric vehicle supply equipment.

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