United States Advanced Metering Infrastructure Market to Reach US$ 54.1 Billion by 2031 | CAGR 12.4% | North America leads with 38% share | Top Companies - Itron, Landis+Gyr, Sensus (Xylem)

Leander, Texas and Tokyo, Japan - Feb.4.2026
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 market is driven by the need for efficient energy management and modernization of utility networks. Smart meters, communication networks, and data management systems dominate deployment. Utilities and energy providers are primary end-users. Government mandates for smart grids, reduction of energy losses, and growing demand for real-time consumption monitoring fuel market growth.

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Advanced Metering Infrastructure (AMI) Market: Competitive Intelligence
Itron, Inc., Landis+Gyr, Sensus (Xylem Inc.), Elster Group (Honeywell), Siemens AG, Kamstrup, Badger Meter, Inc., Schneider Electric, Aclara Technologies, and Trilliant

The Advanced Metering Infrastructure (AMI) Market is gaining strong momentum as utilities modernize grids to improve operational efficiency, demand-side management, and real-time energy visibility. Companies such as Itron, Inc., Landis+Gyr, Sensus (Xylem Inc.), Elster Group (owned by Honeywell), Siemens AG, Kamstrup, Badger Meter, Schneider Electric, Aclara Technologies, and Trilliant are shaping the market by delivering smart meters, communication networks, data management platforms, and analytics solutions. These technologies enable two-way communication between utilities and consumers, supporting accurate billing, outage detection, theft prevention, and integration of renewable and distributed energy resources.

The competitive strength of the AMI Market lies in the combination of metering expertise, communication technologies, and grid intelligence platforms. Itron, Landis+Gyr, Sensus, Kamstrup, and Badger Meter bring deep specialization in electricity, gas, and water metering with proven large-scale deployment capabilities. Siemens AG, Schneider Electric, and Honeywell strengthen the ecosystem through grid automation, cybersecurity, and advanced energy management software. Meanwhile, Aclara Technologies and Trilliant focus on flexible communication networks and interoperable AMI solutions tailored to diverse regulatory and geographic environments. Together, these companies reinforce market reliability, accelerate smart grid adoption, and position Advanced Metering Infrastructure as a foundational element of the digital energy ecosystem.

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Fund Raisings
✅ January 2026 - Itron, Inc. (United States)
Itron secured strategic investment to expand its advanced metering and grid intelligence solutions. The funding supports next-generation smart meters, IoT-enabled communication networks, and real-time energy data analytics for utilities.

✅ December 2025 - Landis+Gyr (Switzerland)
Landis+Gyr raised growth capital to scale its AMI platforms for electricity, gas, and water utilities. The investment focuses on cybersecurity, edge intelligence, and interoperability with smart grid and demand-response systems.

✅ November 2025 - Sensus (Xylem Inc.) (United States)
Sensus attracted fresh investment to strengthen its AMI communication infrastructure and smart meter technologies. The funding supports RF mesh and cellular-based systems that improve grid visibility and operational efficiency.

✅ October 2025 - Honeywell Smart Energy (United States)
Honeywell directed internal capital toward advancing its AMI and utility automation solutions. The investment emphasizes data-driven energy management, secure meter data management (MDM), and integration with utility enterprise systems.

✅ September 2025 - Genus Power Infrastructures Ltd. (India)
Genus Power raised funding to expand smart electricity meter manufacturing and AMI deployments across emerging markets. The investment focuses on large-scale rollouts, cost optimization, and compliance with utility digitalization initiatives.

Product Launches & Strategic Partnerships
✅ January 2026 - Itron Inc. (United States)
Itron launched an enhanced Advanced Metering Infrastructure platform combining smart meters, secure communication networks, and advanced analytics. The solution supports real-time energy monitoring, accurate billing, and improved grid visibility for utilities.

✅ December 2025 - Landis+Gyr (Switzerland / Global)
Landis+Gyr introduced a next-generation AMI solution with improved cybersecurity, interoperability, and remote management capabilities. The platform enables utilities to optimize demand response, outage management, and customer engagement.

✅ October 2025 - Siemens Smart Infrastructure (Germany / Global)
Siemens released an upgraded AMI ecosystem integrating IoT-enabled meters with meter data management and grid analytics. The solution enhances load forecasting, loss reduction, and operational efficiency across smart grids.

✅ August 2025 - Schneider Electric (France / Global)
Schneider Electric partnered with utility providers to deploy scalable AMI solutions that support grid modernization and renewable energy integration. The collaboration focuses on improving energy efficiency, reliability, and digital transformation.

Mergers & Acquisitions
✅ January 2026 - Itron, Inc. (United States)
Itron acquired a grid analytics and smart metering software company to expand its AMI portfolio. The acquisition strengthens capabilities in real-time data analytics, outage management, and utility-driven energy optimization.

✅ December 2025 - Landis+Gyr (Switzerland)
Landis+Gyr completed the acquisition of a communications technology provider specializing in RF mesh and cellular networks. The deal enhances AMI connectivity, cybersecurity, and large-scale smart meter deployments for utilities.

✅ October 2025 - Siemens Smart Infrastructure (Germany)
Siemens expanded its digital grid solutions through the acquisition of an AMI platform provider. The acquisition reinforces Siemens' position in end-to-end smart grid management, integrating metering data with advanced grid automation systems.

Segments Covered in the Advanced Metering Infrastructure Market:
By Technology
The market is segmented into Radio Frequency (RF) 45%, Power Line Communication (PLC) 30%, Cellular 20%, and Others 5%. RF technology dominates due to reliable two-way communication, scalability, and cost-effectiveness for large utility deployments. PLC remains widely used where existing power line networks are strong, while cellular technology is gaining traction with the expansion of IoT and 4G/5G networks.

By Service
Services include Meter Data Management (MDM) 35%, System Integration & Deployment 30%, Network Management 20%, and Analytics & Maintenance Services 15%. Meter data management leads as utilities increasingly rely on real-time data for billing accuracy, demand response, and outage management. Integration and analytics services are growing with smart grid modernization initiatives.

By End-User
End-users comprise Electric Utilities 55%, Water Utilities 25%, Gas Utilities 15%, and Others 5%. Electric utilities dominate adoption due to large-scale smart grid investments and regulatory mandates, while water and gas utilities are expanding AMI deployment to reduce losses, improve operational efficiency, and enhance customer engagement.

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Regional Analysis
North America - 38% Share
North America leads with around 38% share, driven by large-scale smart meter rollouts, grid modernization programs, and strong regulatory support. The U.S. and Canada are widely deploying AMI for electricity, gas, and water utilities to improve billing accuracy, demand response, and outage management.

Europe - 27% Share
Europe accounts for approximately 27% share, supported by EU directives on smart metering, energy efficiency goals, and renewable integration. Countries such as the UK, Italy, France, Germany, and Spain are key markets, with widespread adoption of smart electricity and gas meters.

Asia Pacific - 25% Share
Asia Pacific holds nearly 25% share due to rapid urbanization, rising electricity demand, and government-led smart grid initiatives. China, India, Japan, South Korea, and Australia are accelerating AMI deployments to reduce losses, enhance grid reliability, and support smart city projects.

Latin America - 6% Share
Latin America represents about 6% share, fueled by efforts to reduce non-technical losses and modernize utility infrastructure. Brazil, Mexico, and Chile are increasingly adopting AMI solutions for electricity distribution and energy theft reduction.

Middle East & Africa - 4% Share
Middle East & Africa holds around 4% share, with growth supported by smart city developments, utility digitalization, and infrastructure investments. GCC countries, South Africa, and Egypt are gradually implementing AMI for improved energy management and operational efficiency.

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