Press release
Advanced Metering Infrastructure Market Analysis and Forecast to 2031: By Leading Key Players like Aclara, Badger Meter, C3 IoT, Cisco, Comverge, Elster, Echelon, GE, Honeywell, Itron
Global Advanced Metering Infrastructure Market report from Global Insight Services is the single authoritative source of intelligence on Advanced Metering Infrastructure Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Advanced Metering Infrastructure (AMI) is a system of integrated hardware and software components that automates the process of collecting energy consumption data from customers and communicating that information back to the utility. The system typically includes meters that are equipped with two-way communications capabilities, data collection devices, and a network that connects all of the components.
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Covid 19 Impact
The impact of COVID-19 on Advanced Metering Infrastructure technology is two-fold. First, the pandemic has created a greater demand for energy data and analytics to support decision-making around grid operations and customer engagement. This has spurred innovation in the development of new data management platforms and software applications that can help utilities make better use of the data collected by AMI systems. Second, the pandemic has also highlighted the importance of remote meter reading and customer self-service capabilities in AMI systems, as these can help reduce the need for in-person interactions and support social distancing efforts.
Key Trends
Advanced Metering Infrastructure (AMI) is a growing technology that is being used by utilities to manage the delivery of electricity to customers. AMI provides two-way communication between the customer and the utility, allowing for better management of the electricity grid. AMI also provides customers with information about their electricity usage, so they can make informed decisions about their energy consumption.
Some of the key trends in AMI technology include:
1. Increased use of two-way communication: This allows utilities to not only track electricity usage, but also to remotely control devices such as meters and switches. This helps to improve grid efficiency and reduce power outages.
2. Increased use of smart meters: Smart meters are able to communicate with the utility and provide information on electricity usage. This helps customers to better understand their energy consumption and make informed decisions about their usage.
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Key Drivers
Advanced Metering Infrastructure (AMI) is a system that uses two-way communication technology to collect data about a customer's electricity usage. This data is then used to improve customer service, lower operational costs, and make the electricity grid more efficient.
Market Segments
- By Product type:
Smart Metering Devices
Electricity
Water
Gas
Solutions
Meter Communication Infrastructure
Software
Services
System Integration
Deployment
Program Consulting
- By End-user:
Residential
Commercial
Industrial
Key Players
- Aclara
- Badger Meter
- C3 IoT
- Cisco
- Comverge
- Elster
- Echelon
- GE
- Honeywell
- Itron
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About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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