Advanced Metering Infrastructure Market Forecasted for Major Expansion by 2031 | Itron, Inc., Landis+Gyr, Sensus (Xylem Inc.).

The Advanced Metering Infrastructure Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Advanced Metering Infrastructure market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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Global Advanced Metering Infrastructure Market reached US$ 21.4 billion in 2022 and is expected to reach US$ 54.1 billion by 2031, growing with a CAGR of 12.4% during the forecast period 2024-2031.

The Advanced Metering Infrastructure (AMI) Market focuses on systems that enable utilities to collect, monitor, and analyze data from smart meters for water, gas, and electricity consumption. AMI includes smart meters, communication networks, and data management systems that provide real-time, automated readings and improve operational efficiency. Market growth is driven by the demand for accurate billing, energy management, and the integration of smart grid technologies for better resource management and sustainability in residential, commercial, and industrial sectors.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as Itron, Inc., Landis+Gyr, Sensus (Xylem Inc.), Elster Group (owned by Honeywell), Siemens AG, Kamstrup, Badger Meter, Inc., Schneider Electric, Aclara Technologies and Trilliant.

Key Developments:

In July 2022, Trilliant took a significant step by launching its manufacturing operations in Malaysia, a move aimed at strengthening its presence and capabilities in the region. Partnering with SAMART, the company focused on deploying Advanced Metering Infrastructure (AMI) solutions for Thailand's Provincial Electricity Authority (PEA). This collaboration brought cutting-edge metering technology to Thailand's energy sector, driving improvements in efficiency and electricity distribution management.

In March 2023, IntelliSmart Infrastructure, a joint venture between Energy Efficiency Services and the government-backed National Infrastructure Investment Fund, unveiled INSTINCT 3.0. This initiative was designed to promote innovation in the smart metering industry by fostering collaboration among stakeholders. The goal was to commercialize groundbreaking ideas that could enhance the smart metering landscape and support broader advancements in the power sector.

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Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Advanced Metering Infrastructure market has been segmented

By Technology: Smart Electricity Meters, Smart Water Meters, Smart Gas Meters, Data Concentrators, Others.

By Service: System Integration, Meter Deployment, Program Management and Consulting.

By End-User: Residential, Industrial, Commercial.

Research Process

Both primary and secondary data sources have been used in the global Advanced Metering Infrastructure Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Advanced Metering Infrastructure Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Advanced Metering Infrastructure market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Advanced Metering Infrastructure Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Advanced Metering Infrastructure market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Advanced Metering Infrastructure Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Advanced Metering Infrastructure market?

➠ Who are the global key manufacturers of the Advanced Metering Infrastructure Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Advanced Metering Infrastructure market opportunities and threats faced by the vendors in the global Advanced Metering Infrastructure Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Advanced Metering Infrastructure market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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