Despite a current slowdown, the global market for electric smart meters is set to enjoy steady growth in the near future, bolstered by large-scale expansion plans in China and parts of the EU.

According to the latest data from Navigant Research, the global smart meter market is currently in the midst of a slow growth phase following a slump in North American deployments and delays to large-scale roll out programs in countries such as the United Kingdom and Brazil. While the smart meter…