Press release
Advanced Metering Infrastructure Market to Reach USD 33.79 Bn by 2029, emerging at a CAGR of 13.9 percent and forecast 2023-2029
Advanced Metering Infrastructure Market
To obtain a thorough understanding of the market, the research methodology includes a detailed analysis of market drivers, limitations, and opportunities. The report presents key data for the historic period, exploring various segments and data provided by market participants and regions.
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What are Advanced Metering Infrastructure Market Dynamics:
The growing requirement to reduce manual meter reading and the use of meter reading devices is fueling the market. The advanced metering infrastructure market is increasing because of the acceptance of advanced metering infrastructure and its multiple benefits for customers and utilities. Increased Internet of Things penetration is driving the growth of the advanced metering infrastructure market around the world. Owing to the growing demand for low-bandwidth, low cost, and delay-insensitive metering, AMI communication networks are expected to develop during the forecast period. The network and communications modules of the meter both be as low-cost as possible. The main communication technologies driving AMI adoption in the early days are narrow-band power-line communication (PLC) and RF-Mesh.
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Advanced Metering Infrastructure Market Regional Insights:
North America: Leads with early technology adoption and the presence of key players.
Asia-Pacific: Expected to experience the fastest growth due to digital transformation and sustainable resource use awareness.
European Union: Mandates for smart grid development and smart meter deployment contribute to market growth.
What is Advanced Metering Infrastructure Market Segmentation:
by Product Type
•Smart Metering Devices
• Electricity
• Gas
• water
• Solutions
• meter communication
• infrastructure
• software
• Services
• system integration
• deployment
• program consulting
by End-User
• Residential
• Commercial
• Industrial
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Who are Advanced Metering Infrastructure Market Key Players:
• Itron Inc.
• IBM Corporation
• Siemens AG
• Schneider Electric SE
• Honeywell International Inc.
• General Electric
• Elster Group GmbH
• Sensus
• Landis+Gyr
• Trilliant Inc.
• Dynosonic
• Eaton Corporation
• Echelon Corporation
• Cisco Systems Inc
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Table of content for the Advanced Metering Infrastructure Market includes:
Global Advanced Metering Infrastructure Market: Research Methodology
Global Advanced Metering Infrastructure Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Advanced Metering Infrastructure Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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