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Advanced Metering Infrastructure Market Is Expected To See Huge Growth Globally By 2031 | Honeywell, GE, Siemens

04-11-2023 08:55 AM CET | Energy & Environment

Press release from: Global Insight Services

Advanced Metering Infrastructure Market Is Expected To See Huge

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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AMI systems offer many benefits to utilities, including the ability to remotely connect and disconnect service, detect power outages, and track energy usage in real-time. AMI also provides the foundation for other advanced applications such as demand response, time-of-use pricing, and load management.

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.

Read more about Advanced Metering Infrastructure Market here: https://www.globalinsightservices.com/reports/advanced-metering-infrastructure-market/

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.

AMI is often seen as a key driver of the smart grid, as it provides the data needed to make informed decisions about how to manage the electricity grid. In addition, AMI can help utilities avoid or mitigate power outages, and it can provide valuable data for demand-response programs.

The benefits of AMI depend on how the data collected by the system is used. For example, if AMI data is used to improve customer service, customers may see shorter wait times for service, more accurate bills, and more personalized service.

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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
Landis+Gyr
Schneider Electric
Siemens
Sensus
Silver Spring Networks
Tendril
Trilliant

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In-depth segmentation which can be customized as per your requirements
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E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

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 the 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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