openPR Logo
Press release

Benefits Of Advanced Metering Infrastructure (AMI) Global Market During The Forecast Period 2014 - 2020

Market Research Report

Market Research Report

Researchmoz added Most up-to-date research on "Benefits Of Advanced Metering Infrastructure (AMI) Global Market During The Forecast Period 2014 - 2020" to its huge collection of research reports.

The need for grid modernization and positive steps taken by utilities across the world to replace conventional electronic meters with improved smart meters capable of providing improved meter reading and data collection are the most important factors facilitating growth in the global advanced metering infrastructure (AMI) market. Furthermore, launch of dynamic pricing schemes and demand response programs are considered as motivational factors for the use of smart meters. Demand response programs are considered as enablers of growth in the global AMI market. AMI is the integration of hardware, software, and technologies that provide an intelligent connection between consumers. Consumers by participating in demand response programs will benefit from lower electricity bills, while electric distribution utilities will be able to avoid investments in expensive new capacity buildings and benefits from a stable load on a utility grid. Through bi-directional communication between the meter and meter data management, the electrical distribution utilities will be able to remotely manage metering assets and collect information on energy usage in a real-time.

Use of AMI offers several benefits to the utilities and end consumers, which includes customer service, system operations, and financial benefits. Early detection of meter failures, improved billing accuracy, time-based tariff options to consumers, faster service restoration, and consumer participation in demand response programs are some of the customer service benefits of the AMI. Increased meter reading accuracy, reduction in number of meter reads, easier outage management, and easier energy theft detection are some of the system operation benefits. Financial benefits include shorter outages and faster restoration, reduced support expenses and reduced equipment and equipment maintenance cost. An AMI typically includes smart meters, communication networks, communicating thermosets and other sensors, and meter data management systems (MDMS), and platforms for integrating of data into existing and new software.

The overall market for AMI can be segmented into devices and geographies. On the basis of AMI devices, the market can be segmented into smart meters, communication infrastructure, home area networks (HANS), MDMS, and support systems (in-home display units). An increased emphasis on improving energy efficiency and reducing energy peak demands by encouraging participation in demand response programs are the key drivers of growth in the global AMI market. Installation of smart meters as part of advanced metering infrastructure will enable electric distribution utilities to reduce their operational cost as well as improved identification of energy theft, and outage notification. AMI systems help in meter reading accuracy and reducing theft of utilities resulting in an overall financial benefit to the consumer as well as a service provider. Lack of inter-operability standards in most of the countries of the world may hamper growth in the AMI market. The total capital cost of AMI includes costs of hardware, software, MDMS, IT integration, and installation. The declining cost of AMI hardware is likely to impact positively to the growth in the global AMI market.

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=235598

Some of the key players in the global AMI market include: Sensus, Schneider Electric SA, Silver Spring Network, General Electric, Landis+Gyr, Itron, Eaton Corporation and Echelon Corporation.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World

This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure

Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future

Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=235598

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

Mr. Nachiket
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Email: sales@researchmoz.us
Website @ http://www.researchmoz.us/
Tel: 866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-621-2074
Follow us on LinkedIn @ http://bit.ly/1TBmnVG

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Benefits Of Advanced Metering Infrastructure (AMI) Global Market During The Forecast Period 2014 - 2020 here

News-ID: 524301 • Views:

More Releases for AMI

AMI Healthcare and GAD International Announce Hospital Management Partnership
Boston and Riyadh, Saudi Arabia, Aug 21, 2021 -- Today, AMI Healthcare Group, Inc. (“AMI”) and GAD International company (“GAD”) signed a Memorandum of Understanding to establish a Strategic Partnership for the operation and management of hospitals and healthcare facilities in the Middle East, principally in the Kingdom of Saudi Arabia, the State of Kuwait, the Kingdom of Bahrain and the United Arab Emirates. AMI and GAD will collaborate to
AMI-1 Market Size, Share, Development by 2024
Global Info Research offers a latest published report on AMI-1 Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global AMI-1 players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the AMI-1 with respect to individual growth trends, future prospects,
Global Advanced Metering Infrastructure (AMI) Market Research Report 2017
MarketResearchReports.Biz presents this most up-to-date research on "Global Advanced Metering Infrastructure (AMI) Market Research Report 2017" Description In this report, the global Advanced Metering Infrastructure (AMI) market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD),
Advanced Metering Infrastructure (AMI) Market: drive the growth of AMI market in …
Advanced metering infrastructure (AMI) is an architectured system which allows two way communications between customer & utilities through communication networks, smart meters, and data management systems. The primary function of AMI is to provide utility companies real time data related to power consumption and allow customer to make energy usage based on the price at the time of use. AMI helps utility companies to manage energy demand by identifying peak
AMI details capabilities of AMI Enterprise Intelligence™ Version 6.0
Cambridge, UK (June 30th, 2011) - AMI, a leading provider of information retrieval and content analysis software designed to help organisations develop effective Strategic and Competitive Intelligence, today announced the availability and capabilities of AMI Enterprise Intelligence Version 6.0. AMI Enterprise Intelligence version 6.0 represents a very significant upgrade to the company's flagship product including new applications, user interface design, and integration with the world's leading social media platforms and news
AMI Launch UK User Group
Cambridge, United Kingdom (09 June 2011) - AMI Software, a market-leader in insight software, competitor analysis and horizon scanning techniques, recently launched the first AMI UK User Group meeting. The meeting was held in London on April 14th 2011 at the RSA (Royal Society for Arts, Manufacturing and Commerce), and was attended by existing AMI users as well as non-users with an interest in AMI. The venue opened their doors to