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#News(General) [ via IoTForIndiaGroup ]
The new market report Smart Metering in Europe – 14th Edition from Berg Insight analyses the latest developments for smart metering (electricity and gas) in Europe. This study provides you with 250 pages of unique business intelligence, including 5-year industry forecasts, expert commentary and real-life case studies on which to base your business decisions.
Smart meters accounted for around 87 percent of the total electricity meter shipments in 2018. France overtook Spain as the largest market by volume with yearly shipments of more than 8 million units, as the nationwide rollout ramped up to volume. Italy and the UK were other major geographic markets with shipments of 3–4 million units each. Approximately 44 percent of the electricity customers in EU28+2 had a smart meter at the end of 2018 and the penetration rate is expected to reach 71 percent by 2023. As a consequence, annual shipments of smart electricity meters will reach a peak of around 25 million units per year in the early 2020s. The majority of the new installations will take place in France and the UK, with significant contribution also coming from countries like Austria and the Netherlands. In the meantime, adoption in Germany is held back by protracted standardisation efforts and modest deployment targets set by the regulator. The outlook for Central Eastern Europe is mixed. Romania is seemingly moving towards a full-scale rollout and Poland is headed in the same direction even though there are delays in the regulatory process. Lithuania became the latest country to launch a nationwide rollout in 2018.
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