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Advanced Metering Infrastructure Market Size: $ 9.19 Bn by 2020
Advanced Metering Infrastructure Market
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Increasing global energy demand, and government mandates and compliances related to energy conservations are expected to drive the AMI market
The AMI market size is expected to grow from USD 4.48 billion in 2015 to USD 9.19 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 15.5%. There is a persistent rise in global energy usage as Energy Information Administration (EIA) projects that the global energy consumption is likely to increase to 56% by 2040. Rapid industrialization in the emerging economies, such as India and China has compelled the energy demand to accelerate in these regions. Further, turmoil in the Middle East, political conflicts, and over consumption of energy are some of the reasons that act as a catalyst to the rising energy demand. Moreover, rising demand for energy has compelled utilities to upgrade the electric and distribution network, thereby driving the adoption of AMI systems. Inadequate financial incentives for utilities, and interoperability and standard interface are the restraints of the AMI market.
Meter Data Management (MDM) solution is expected to gain the maximum traction during the forecast period
In 2015, MDM solution accounts for the highest market share in the AMI market by solution. Moreover, the penetration rate for MDM solutions is also gaining traction, which is the central point of integration for the AMI system with the utility companies. Whereas, the meter deployment services segment is expected to grow at the highest CAGR from 2015 to 2020. Moreover, the meter deployment services segment is expected to hold the largest market share during the forecast period.
Advanced Metering Infrastructure Market Analysis, By Device
Introduction
Smart Meters
Smart Electric Meters
Smart Water Meters
Smart Gas Meters
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Fundamentals of Table of Content:
8 Advanced Metering Infrastructure Market Analysis, By Solution
8.1 Introduction
8.2 Meter Data Management
8.3 Meter Data Analytics
8.4 AMI Security
8.5 Meter Communication Infrastructure
9 Advanced Metering Infrastructure Market Analysis, By Service
9.1 Introduction
9.2 System Integration
9.3 Meter Deployment
9.4 Program Management and Consulting
12 Company Profiles
12.1 Introduction
(Overview, Financials, Products & Services, Strategy, and Developments)*
12.2 Cisco Systems, Inc.
12.3 General Electric Corporation
12.4 IBM Corporation
12.5 Itron Inc.
12.6 Schneider Electric SE
12.7 Aclara Technologies LLC.
12.8 Elster Group GmbH
12.9 Sensus
12.10 Tieto Corporation
12.11 Trilliant Inc.
*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Companies.
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