Global Advanced Metering Infrastructure Market Size to reach USD 6.8 billion by 2026 | Top Companies like - Cisco Systems Inc., General Electric Corporation, IBM Corporation, Itron Inc., Schneider Electric SE, Sensus, Tieto Corporation, Trilliant Inc.
Global Advanced Metering Infrastructure Market is valued approximately USD 6.8 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 15.50% over the forecast period 2019-2026. Advanced metering infrastructure (AMI) is an assimilated formation of communications networks, smart meters, and data management systems that allows two-way communication among customers and utilities.
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The regional analysis of global Advanced Metering Infrastructure market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to large scale incorporation of smart electricity meters. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as development of an integrated and IT enabled power grid would create lucrative growth prospects for the Advanced Metering Infrastructure market across Asia-Pacific region.
Further, incorporation of advanced metering infrastructure with smart appliances coupled with advanced metering infrastructure for water utilities is expected to create significant growth opportunity in the market over the forecast period. However, inadequate financial incentives for utilities and interoperability and standard interface impedes the growth of the market over the forecast period of 2019-2026.
Deployment of advanced metering infrastructure solutions permits energy utilities to line up with energy shortages, revenue protection, customer service improvement and load management. With the rising energy needs in emerging economies and utility efficiency, the requirement for advanced metering infrastructure services and solutions has grown immensely across all nations. Rise in global energy demand coupled with government regulations and legislative mandates are key driving factors of market growth.
Major market player included in this report are:
o Cisco Systems, Inc.
o General Electric Corporation
o IBM Corporation
o Itron Inc.
o Schneider Electric SE
o Aclara Technologies LLC.
o Elster Group GmbH
o Tieto Corporation
o Trilliant Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
o Smart Meters
o Meter Data Management
o Meter Data Analytics
o Advanced Metering Infrastructure Security
o Meter Communication Infrastructure
o System Integration
o Meter Deployment
o Program Management and Consulting
o North America
o Asia Pacific
o Latin America
o Rest of the World
Furthermore, years considered for the study are as follows:
o Historical year - 2016, 2017
o Base year - 2018
o Forecast period - 2019 to 2026
Target Audience of the Global Advanced Metering Infrastructure Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
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Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Advanced Metering Infrastructure Market, by Region, 2017-2026 (USD Billion)
1.2.2. Advanced Metering Infrastructure Market, by Device, 2017-2026 (USD Billion)
1.2.3. Advanced Metering Infrastructure Market, by Solution, 2017-2026 (USD Billion)
1.2.4. Advanced Metering Infrastructure Market, by Service, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Advanced Metering Infrastructure Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Advanced Metering Infrastructure Market Dynamics
3.1. Advanced Metering Infrastructure Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Advanced Metering Infrastructure Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
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