Press release
US$ 43.0 Billion Advanced Metering Infrastructure (AMI) Market Overview 2023-2028 - IMARC Group
According to IMARC Group's latest report, titled "๐๐๐ฏ๐๐ง๐๐๐ ๐๐๐ญ๐๐ซ๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ: ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐, ๐ฆ๐ต๐ฎ๐ฟ๐ฒ, ๐ฆ๐ถ๐๐ฒ, ๐๐ฟ๐ผ๐๐๐ต, ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ 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.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ: https://www.imarcgroup.com/advanced-metering-infrastructure-market/requestsample
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐๐ญ๐๐ซ๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
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.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐: https://www.imarcgroup.com/checkout?id=5987&method=1
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐๐ญ๐๐ซ๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ 2023-2028 ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
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.
๐ฆ๐ผ๐บ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ๐๐ฒ ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ:
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.
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
The report has segmented the advanced metering infrastructure (AMI) market bases on the product type and end user.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐:
Smart Metering Devices
Electricity
Water
Gas
Solutions
Meter Communication Infrastructure
Software
Services
System Integration
Deployment
Program Consulting
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ:
Residential
Commercial
Industrial
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
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
๐๐๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐ญ๐ฌ% ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐: http://bit.ly/3Xzlkx8
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข 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.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ-
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
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
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
๐๐ฏ๐ผ๐๐ ๐จ๐:
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.
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