The Advanced Metering Infrastructure Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
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Advanced Metering Infrastructure (AMI) refers to the entire infrastructure from the smart meter to two way-communication network setup to regulate all the applications that support the collecting and transfer of energy usage data in near real-time. It improves the accuracy of meter reading, energy theft detection, response to power outages and eliminates the need for on-site meter reading by providing real-time information about power consumption. Increasing government initiatives for digitization in energy sector driving the demand for AMI. For instance, The City of Philadelphia Water Department (PWD), to deliver smart water technology for its metering and customer service program selected Sensus, a public service provider for utilities to cities.
28th September 2018, Genus Power Infrastructures Ltd. engaged in manufacturing and distribution of Electronic Energy Meters, set up an AMI lab at the Smart Grid Knowledge Centre of Powergrid Corporation of India Limited.
Major Players are:
Cisco Systems, Inc. (United States),IBM Corporation (United States),General Electric (United States),Schneider Electric SE (France),Siemens AG (Germany),Itron, Inc. (United States),Aclara Technologies LLC (United States),Elster Group GmbH (Germany),Sensus (United States) ,Tieto Corporation (Finland),Trilliant, Inc. (United States) ,
NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
The titled segments and sub-section of the market are illuminated below:
Service (System Integration, Meter Deployment, Program Management and Consulting), Solution (Meter Data Management, Meter Data Analytics, AMI Security, Meter Communication Infrastructure), Device (Smart Meters (Smart Electric Meters, Smart Water Meters, Smart Gas Meters))
Emphasizing On Incorporation of AMI with Smart Devices
Integration of IoT with AMI for Real-Time Data about Power Consumption
Government Initiatives for Smart Homes and Grid Modernization
Rise in Customer Participation in Demand Response Programs
Lack of Awareness in Emerging Countries
Rise in Demand of AMI for Water Utilities
Increasing Demand from Developing Economies Owing to Rise in Energy Demand
Years considered for this report:
- Historical Years: 2015-2020
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2021-2026
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Extract from Table of Content:
Chapter 01 – Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Covid-19 Crisis Analysis on Global Advanced Metering Infrastructure Market
Chapter 05 – Global Advanced Metering Infrastructure Market – Pricing Analysis
Chapter 06 – Global Advanced Metering Infrastructure Market Background
Chapter 07 — Global Advanced Metering Infrastructure Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in Global Advanced Metering Infrastructure Market
Chapter 09 – Global Advanced Metering Infrastructure Market Structure Analysis
Chapter 10 – Global Advanced Metering Infrastructure Market Competitive Analysis
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology
What are the market factors that are explained in the Advanced Metering Infrastructure Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Questions Answered in the Report:
- How much is the Advanced Metering Infrastructure MarketWorth?
- What is the Growth Rate of the Advanced Metering Infrastructure Market?
- Which Segment ofthe Advanced Metering Infrastructure to Hold the Highest Market Share?
- Which Segment ofthe Advanced Metering Infrastructure Market to Witness Fastest Growth Rate?
- Which Region to Hold the Biggest Market Share?
- Who are the Key Players of the Advanced Metering Infrastructure Market?
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