Advanced Metering Infrastructure (AMI) Market Trends Analysis, Top Manufacturers, Shares, Growth Opportunities, Statistics and Forecast by 2029
Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while generating credible Advanced Metering Infrastructure (AMI) Market analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the ABC industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global advanced metering infrastructure (AMI) business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa..
The scope of advanced metering infrastructure (AMI) market survey report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The data collected to structure this report is based on the data collection modules with large sample sizes. Depending on client’s requirements, business and product information has brought together via this report that ultimately helps businesses take better decisions. The quality and transparency maintained in this report makes gain the trust and reliance of member companies and customers. To turn complex market insights into simpler version, well established tools and techniques are used for generation of consistent advanced metering infrastructure (AMI) report.
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advanced metering infrastructure (AMI) market was valued at USD 19.24 billion in 2021 and is expected to reach USD 77.37 billion by 2029, registering a CAGR of 12.50% during the forecast period of 2023-2029.
Key Players Mentioned in the Advanced Metering Infrastructure (AMI) Market Research Report:
General Electric (U.S.), Siemens (Germany), ABB (Switzerland), Emerson Electric Co. (U.S.), AVEVA Group plc (U.K.), Schneider Electric (France), Wipro Limited (India), IBM (U.S.), Robert Bosch GmbH (Germany), Etteplan Oyj (Finland), Fujitsu (Japan), Cisco Systems, Inc. (U.S.), IBM (U.S.), Siemens (Germany), Itron Inc., (U.S.), Oracle (U.S.), Fujitsu (Japan), Honeywell International Inc., (U.S.), Accenture (Ireland), and SAP SE (Germany)
Regions and Countries: U.S, Canada, France, Germany, UK, Italy, Rest of Europe, India, China, Japan, Singapore, South Korea, Australia, Rest of APAC, Brazil, Mexico, Argentina, Rest of LATAM, Saudi Arabia, South Africa, UAE.
Advanced Metering Infrastructure (AMI) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Numerous Benefits of Advanced Metering Infrastructure (AMI)
The advanced metering infrastructure provides a variety of services, including head-end systems, meter data management services systems, metering and communication systems, and others which has largely created the demand for the advanced metering infrastructure (AMI) market. Moreover, the cutting-edge meters offer remote firmware upgrades, remote load limits, and remote meter readings. The bidirectional connection between customers, software, and businesses is made easier by an interconnected system of communication networks, smart meters, and data processing systems. It gives the electrical grid more control. These smart meters represent ground-breaking technologies for the utility sector, as they have the ability to enhance data collection and meter reading. These beneficial uses of the advanced metering infrastructure (AMI) will further accelerate the market growth over the forecast period.
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Supportive Government Regulations
Devices
Smart Gas Meters
Smart Water Meters
Smart Electric Meters
Services
System Integration
Meter Deployment
Program Management and Consulting
Solutions
Meter Data Management
Meter Data Analytics
Advanced Metering Infrastructure Security
Meter Communication Infrastructure
Opportunities
High Adoption Of Smart Meters
The high adoption of smart meters is estimated to generate lucrative opportunities for the market, which will further expand the advanced metering infrastructure (AMI) market's growth rate in the future. The adoption of smart meter technology is being studied, and several smart meter manufacturers are working to develop a standardized design that complies with international laws in order to increase its marketability.
Increasing Trend Of Digitalization
Additionally, the increasing trend of digitalization further offers numerous growth opportunities within the market. The use of smart gadgets, which are based on IOT, also grows as smart home technology is used more widely. Therefore, it is anticipated that rising energy consumption, which is a good result of digitalization, will fuel market expansion.
Advanced Metering Infrastructure (AMI) Market Key Benefits over Competitors:
- The report provides a qualitative and quantitative analysis of the Advanced Metering Infrastructure (AMI) market trends, forecasts, and market size to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analysed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the Advanced Metering Infrastructure (AMI) industry.
Based on the Advanced Metering Infrastructure (AMI) Market Segmentations:
Component
Solution
Services
Implementation and integration
Training and education
Support and maintenance
Function
Performance and Outcomes Measurement
Document Management
Reporting
Application Tracking
Collaboration
Grant Discovery
Others
Platform
Web
Mobile
Deployment mode
Cloud
On-premise
Organisation size
Large Enterprises
Small and Medium-Sized Enterprises
End user
Government
Healthcare and Human Services
Educational Institutions
Corporations
International and National Organizations
Philanthropic Organizations
Others
Updated Version of Sample Report Included:
Detailed industry forecast
Brief Introduction to the research report.
Additional information on company participants
Customized reports and analyst assistance are available upon request.
Recent market developments and potential future growth opportunities
Personalized regional/country reports upon request
New data sources are being integrated.
Increased focus on data privacy and security
Increased collaboration and co-creation
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Table of Contents
Report Overview: It includes major players of the Advanced Metering Infrastructure (AMI) market covered in the research study, research scope, and Market segments by type, market segments by application, years considered for the research study, and objectives of the report.
Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Advanced Metering Infrastructure (AMI) market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Advanced Metering Infrastructure (AMI) market are discussed.
Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.
Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.
Market Size by Application: Besides an overview of the Advanced Metering Infrastructure (AMI) market by application, it gives a study on the consumption in the Advanced Metering Infrastructure (AMI) market by application.
Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.
Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.
Company Profiles: Almost all leading players of the Advanced Metering Infrastructure (AMI) market are profiled in this section. The analysts have provided information about their recent developments in the Advanced Metering Infrastructure (AMI) market, products, revenue, production, business, and company.
Market Forecast by Production: The production and production value forecasts included in this section are for the Advanced Metering Infrastructure (AMI) market as well as for key regional markets.
Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the Advanced Metering Infrastructure (AMI) market as well as for key regional markets.
Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the Advanced Metering Infrastructure (AMI) market.
Key Findings: This section gives a quick look at important findings of the research study.
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