openPR Logo
Press release

US$ 43.0 Billion Advanced Metering Infrastructure (AMI) Market Overview 2023-2028 - IMARC Group

02-16-2023 10:30 AM CET | IT, New Media & Software

Press release from: IMARC Group

US$ 43.0 Billion Advanced Metering Infrastructure (AMI) Market

According to IMARC Group's latest report, titled "๐€๐๐ฏ๐š๐ง๐œ๐ž๐ ๐Œ๐ž๐ญ๐ž๐ซ๐ข๐ง๐  ๐ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž (๐€๐Œ๐ˆ) ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ๐˜€, ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ, ๐—ฆ๐—ถ๐˜‡๐—ฒ, ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต, ๐—ข๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐˜† ๐—ฎ๐—ป๐—ฑ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜ 2023-2028", the advanced metering infrastructure (AMI) market reached US$ 20.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 43.0 Billion by 2028, exhibiting a CAGR of 13.3% during 2023-2028.

Advanced metering infrastructure (AMI) represents an integrated system of equipment, information management systems, and communication networks designed to collect real-time customer water usage data remotely. Its main components include sensors, remotely controlled variables, meters, and a meter interface unit (MIU). AMI solutions utilize radio-based technology to read water meters, thereby eliminating the need for manual meter reads. They even provide multiple benefits, such as improved utility operations, effective leak detection, increased water conservation, enhanced security and resilience, and higher cost savings. Consequently, AMI devices find widespread applications in residential, commercial, and industrial sectors across the globe.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—ณ๐—ฟ๐—ฒ๐—ฒ ๐˜€๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฏ๐—ฟ๐—ผ๐—ฐ๐—ต๐˜‚๐—ฟ๐—ฒ: https://www.imarcgroup.com/advanced-metering-infrastructure-market/requestsample

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ ๐Œ๐ž๐ญ๐ž๐ซ๐ข๐ง๐  ๐ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž (๐€๐Œ๐ˆ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ

The growing requirement for accurate water billing solutions in the residential sector and the expanding adoption of smart water meters across countries are primarily driving the advanced metering infrastructure (AMI) market. In addition to this, the launch of various initiatives and campaigns by government bodies and non-governmental organizations (NGOs) aimed at conserving freshwater is acting as another significant growth-inducing factor. Besides this, the escalating use of remote meter reading solutions in geographically dispersed territories or remote areas to generate more timely and accurate bills and the increasing employment of ultrasonic flowmeters in water and wastewater treatment for measuring the dosage of chemicals, monitoring methane discharge, and evaluating large volumes of fluid carrying sludge by-products and suspended solids are also positively influencing the global market. Moreover, the introduction of new products by key players that are combined with innovative technologies, including in-home displays and programmable communicating thermostats that enable utilities to offer new time-based rate programs and incentives for encouraging customers to reduce peak demand and adequately manage energy consumption and costs and the rising improvements in grid modernization are anticipated to fuel the advanced metering infrastructure (AMI) market in the coming years.

๐—–๐—ต๐—ฒ๐—ฐ๐—ธ๐—ผ๐˜‚๐˜ ๐—ก๐—ผ๐˜„: https://www.imarcgroup.com/checkout?id=5987&method=1

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ ๐Œ๐ž๐ญ๐ž๐ซ๐ข๐ง๐  ๐ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž (๐€๐Œ๐ˆ) ๐Œ๐š๐ซ๐ค๐ž๐ญ 2023-2028 ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

The competitive landscape of the advanced metering infrastructure (AMI) market has been studied in the report with the detailed profiles of the key players operating in the market.

๐—ฆ๐—ผ๐—บ๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ๐˜€๐—ฒ ๐—ธ๐—ฒ๐˜† ๐—ฝ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ถ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ:

Aclara Technologies LLC, Cisco Systems Inc., Eaton Corporation plc, Honeywell International Inc., International Business Machines Corporation, Itron Inc., Landis+Gyr, Mueller Systems LLC, Schneider Electric SE, Sensus and Trilliant Holdings Inc.

๐—ž๐—ฒ๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป:

The report has segmented the advanced metering infrastructure (AMI) market bases on the product type and end user.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

Smart Metering Devices
Electricity
Water
Gas
Solutions
Meter Communication Infrastructure
Software
Services
System Integration
Deployment
Program Consulting

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:

Residential
Commercial
Industrial

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

๐—”๐˜€๐—ธ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐˜ ๐—ณ๐—ผ๐—ฟ ๐Ÿญ๐Ÿฌ% ๐—ณ๐—ฟ๐—ฒ๐—ฒ ๐—ฐ๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: http://bit.ly/3Xzlkx8

๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:

โ€ข Market Performance (2017-2022)
โ€ข Market Outlook (2023-2028)
โ€ข Market Trends
โ€ข Market Drivers and Success Factors
โ€ข Impact of COVID-19
โ€ข Value Chain Analysis
โ€ข Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐“๐จ๐ฉ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ-

Global Virtual Reality (VR) in Healthcare Market Report-https://www.openpr.com/news/2930611/virtual-reality-vr-in-healthcare-market-size-worth-us-3-366-1

Global Digital Forensics Market Report- https://www.openpr.com/news/2928878/digital-forensics-market-growth-opportunities-top

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐—ฆ:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 |
Europe & Africa: +44-753-713-2163 |
Asia: +91-120-433-0800

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release US$ 43.0 Billion Advanced Metering Infrastructure (AMI) Market Overview 2023-2028 - IMARC Group here

News-ID: 2932947 • Views: โ€ฆ

More Releases from IMARC Group

Retirement Planning Services Business Plan 2025: Market Overview and Investment Insights
Retirement Planning Services Business Plan 2025: Market Overview and Investment โ€ฆ
IMARC Group's "Retirement Planning Services Business Plan and Project Report 2025: Industry Trends, Business Setup, Revenue Model, Investment Opportunities, Income, Expenses, and Profitability" delivers a complete framework for establishing and managing a profitable retirement planning services firm. This report provides detailed insights into market trends, investment opportunities, financial forecasts, and operational models. It serves as a vital tool for entrepreneurs, consultants, and investors aiming to evaluate business feasibility or enhanceโ€ฆ
Indonesia Facility Management Market Overview & Statistics, Size, Share, Industry Analysis & Report 2033
Indonesia Facility Management Market Overview & Statistics, Size, Share, Industr โ€ฆ
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Facility Management Market Report by Facility Management Type (Inhouse Facility Management, Outsourced Facility Management), Offering Type (Hard FM, Soft FM), End User (Commercial, Institutional, Public/Infrastructure, Industrial, Others), and Region 2025-2033," the report presents a thorough review featuring the Indonesia facility management market share, growth, trends, and research of the industry. Market Size & Future Growth Potential: The Indonesiaโ€ฆ
Singapore Logistics Market Statistics & Trends, Outlook, Size, Share, Industry Analysis, & Report by 2033
Singapore Logistics Market Statistics & Trends, Outlook, Size, Share, Industry A โ€ฆ
As indicated in the latest market research report published by IMARC Group, titled "Singapore Logistics Market Report by Model Type (2 PL, 3 PL, 4 PL), Transportation Mode (Roadways, Seaways, Railways, Airways), End Use (Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Construction, Automotive, Telecom, Oil and Gas, Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. Itโ€ฆ
Milk Processing Plant Setup in India 2025: Business Plan, Opportunities, Cost, and Profitability
Milk Processing Plant Setup in India 2025: Business Plan, Opportunities, Cost, a โ€ฆ
Overview: Expanding Opportunities in India's Dairy Processing Sector India's dairy industry is witnessing unprecedented growth, driven by rising consumption of milk and milk-based products, increasing urbanization, and government initiatives supporting rural dairy development. Within this expanding sector, the establishment of a milk processing plant presents a promising business opportunity for entrepreneurs and investors. Milk processing is a crucial component of the dairy value chain, transforming raw milk into products such asโ€ฆ

All 5 Releases


More Releases for AMI

Trends in Advanced Metering Infrastructure (AMI) Market: A Perspective
According to a new published report by Allied Market Research, the global advanced metering infrastructure (AMI) market size was valued at $17.1 billion in 2020, and is projected to reach $52.4 billion by 2030, growing at a CAGR of 12.0% from 2021 to 2030. Advanced metering infrastructure (AMI) is a communication architecture that allows a smart utility meter with an IP address to communicate with a utility provider in an automatic,โ€ฆ
Unauthorized Citroen Ami Golden Appearance in Wadiya
FOR IMMDEIATE RELEASE Subject: Unauthorized Citroen Ami Golden Appearance in Wadiya Date: August 28, 2023 From: Office of Propaganda Republic Of Wadiya To Whom It May Concern, An Official Message from His Excellency Admiral General Aladeen - Supreme Leader, All Triumphant General, Beloved Oppressor, and Chief Ophthalmologist of the People's Republic of Wadiya. Our esteemed leader, Admiral General Aladeen, while cruising the sovereign roads of our great nation, was not once, not twice, but thrice perturbedโ€ฆ
AMI-1 Market Size, Share, Development by 2024
Global Info Research offers a latest published report on AMI-1 Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global AMI-1 players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the AMI-1 with respect to individual growth trends, future prospects,โ€ฆ
Advanced Metering Infrastructure (AMI) Market: drive the growth of AMI market in โ€ฆ
Advanced metering infrastructure (AMI) is an architectured system which allows two way communications between customer & utilities through communication networks, smart meters, and data management systems. The primary function of AMI is to provide utility companies real time data related to power consumption and allow customer to make energy usage based on the price at the time of use. AMI helps utility companies to manage energy demand by identifying peakโ€ฆ
AMI details capabilities of AMI Enterprise Intelligenceโ„ข Version 6.0
Cambridge, UK (June 30th, 2011) - AMI, a leading provider of information retrieval and content analysis software designed to help organisations develop effective Strategic and Competitive Intelligence, today announced the availability and capabilities of AMI Enterprise Intelligence Version 6.0. AMI Enterprise Intelligence version 6.0 represents a very significant upgrade to the company's flagship product including new applications, user interface design, and integration with the world's leading social media platforms and newsโ€ฆ
AMI Launch UK User Group
Cambridge, United Kingdom (09 June 2011) - AMI Software, a market-leader in insight software, competitor analysis and horizon scanning techniques, recently launched the first AMI UK User Group meeting. The meeting was held in London on April 14th 2011 at the RSA (Royal Society for Arts, Manufacturing and Commerce), and was attended by existing AMI users as well as non-users with an interest in AMI. The venue opened their doors toโ€ฆ