MARKET OUTLOOK
According to this research analysis, the Latin America smart meter data management market is anticipated to register a CAGR of 16.34% for the forecasted period of 2019-2027.Mexico, Brazil, and Rest of Latin American countries are studied for the smart meter data management market in the Latin America region.
In 2018, the overall market share of the Latin America region was acquired by Brazil, and it is anticipated that Brazil is amongst one of the largest markets available for the growth of the smart meter data management during the forecasted period. The country has been known for implementing and decentralizing its electricity systems on a large scale. In Brazil, the Distribution System Operators (DSO) are implementing smart meters extensively by recovering operational costs through network tariffs due to the country’s inefficiency in separating supply and transmission activities.
For instance, in 2019, the Eletrobras Distribution Rehabilitation project initiated distributing AMI meters with telemetering capability to low voltage (LV) users on a large-scale. This resulted in benefitting four million consumers in six states of Brazil and lowered the financial losses of several distribution companies. Furthermore, The Brazilian Electricity Regulatory Agency (ANEEL) has been extending the smart meter migration up to 250KWh, new consumers opting for the time of use tariffs, and the other distribution companies are aggressively aiming to replace the old meters in the country. Such steps would aid in the market growth of the Latin American region.
COMPETITIVE OUTLOOK
The key players in the Latin America smart meter data management market are Arad Group, Aclara Technologies LLC, Elster Solutions (Acquired by Honeywell International Inc.), Electsolve Technology Solutions & Services Inc., Oracle Utilities (Opower), and Kamstrup.Table of Contents
1. Latin America Smart Meter Data Management Market - Summary
2. Industry Outlook
3. Latin America Smart Meter Data Management Market Outlook - By Component
4. Latin America Smart Meter Data Management Market Outlook - By Deployment Type
5. Latin America Smart Meter Data Management Market Outlook - By Application
6. Latin America Smart Meter Data Management Market – Regional Outlook
7. Company Profiles
8. Research Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Aclara Technologies Llc (Acquired By Hubbell Incorporated)
- Arad Group
- Electsolve Technology Solutions & Services, Inc.
- Elster Solutions (Acquired By Honeywell International Inc.)
- Enoro Ab (Acquired By Hansen Technologies)
- Itron Inc.
- Landis+Gyr Group
- Oracle Utilities (Opower)
- Siemens Ag
- Trilliant Holdings Inc.
- Eaton Corporation
- Diehl
- Schneider Electric Se
- Kamstrup
- Sensus (Xylem)
Methodology
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