The Advanced Metering Infrastructure Industry sales study offers a comprehensive analysis on diverse features including production capacities, Advanced Metering Infrastructure demand, product developments, sales revenue generation and Advanced Metering Infrastructure market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Advanced Metering Infrastructure market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
The global advanced metering infrastructure (AMI) market is likely to account for a valuation of nearly US$ 7 Bn in the year 2022, expected to expand nearly 2X by the end of 2032, surging at a CAGR of approximately 9%.
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The readability score of the Advanced Metering Infrastructure market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Advanced Metering Infrastructure market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Advanced Metering Infrastructure along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Advanced Metering Infrastructure market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.
Key Companies Profiled
- Aclara Technologies LLC
- Elster Group GmbH
- Schneider Electric SE
- Itron Inc.
- International Business Machines Corporation
- Cisco Systems Inc.
- Eaton Corporation
- Siemens AG
Country Wise Analysis
Through funding received for the Smart Grid Investment Grant (SGIG) program by the American Recovery and Reinvestment Act (ARRA), the U.S. has bolstered its advanced metering infrastructure. Widespread adoption of AMI in newly built homes is expected to drive demand for smart meters in the country.
In the U.S., the number of houses represents the potential market scope for utilities providing gas, and as new homes are being built, sales of smart gas meters are also expected to rise. Manufacturers of smart gas meters in the U.S. are eyeing to cash in this potential as demand increases. A CAGR of 10% is anticipated for the market in the U.S.
Competitive Landscape
The worldwide advanced metering infrastructure market is highly fragmented. AMI’s key providers spend in R&D to offer effective and efficient solutions that are consistent with rules and maximize income possibilities. Aside from that, firms are pursuing growth initiatives such as capacity expansion, collaborations, distribution agreements, and mergers in order to increase market share and sales income.
- NICIGAS is a liquefied petroleum gas (LPG), city gas, and power business. The business devised a one-of-a-kind technique for digitizing data collecting from various smart meters in Japan. A Network Controlling Unit (NCU) in Space Hotarus gives direct consumption data to the company’s IoT data platform, NICIGAS Stream.
Key Segments Covered in Advanced Metering Infrastructure Industry Report
- Device
- Smart Gas Meters
- Smart Water Meters
- Smart Electric Meters
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