December 4 2019
Global Advanced Metering Infrastructure Market Report, By Device Type (Smart Electric Meters), Service (Meter Deployment), System (Meter Data Analytics) - Forecast Till 2023
Advanced Metering Infrastructure Market – Overview
The use of advanced metering devices is set to rise with an increasing focus on smart management of energy sources. Market reports connected with the semiconductors and electronics industry have been presented by Market Research Future which makes reports on other industry verticals that aims to analyze the current market scenarios better. The market is set to achieve USD 9 billion in revenues while expanding at a CAGR of 14% in the duration of the forecast period.
The progress of the energy generation sector is expected to incentivize the expansion of the Advanced Metering Infrastructure Market further. The intensifying forces of industrialization and urbanization are expected to bolster the expansion of the market in the forecast period. Intensifying smart city initiatives by governments around the world are estimated to further motivate the progress of the market in the forecast period.
Jan 2019 Dayton Power and Light (DP&L) has filed an offer with the Public Utility Commission of Ohio to fulfill its digital transformation strategy. If the offer is approved, DP&L will devote $576 million to modernize its energy distribution system over the span of the next decade. The utility will increase the $576 million required by growing energy bills for usual retail customers using 1000kWh by $1.99 for each month.
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Some of the prominent players in the global advanced metering infrastructure market Cisco Systems, Inc. (U.S.), International Business Machines Corporation (U.S.), General Electric (U.S.), Schneider Electric SE (France), Itron, Inc. (U.S.), Aclara Technologies LLC (U.S.), Elster Group GmbH (Germany), Sensus (U.S.), Tieto Corporation (Finland), Trilliant, Inc. (U.S.), Silver Spring Networks (U.S.), Siemens AG (Germany), Cooper Industries (U.S.) among others.
Global Advanced Metering Infrastructure Market Segmentation
The segmentation of the advanced metering infrastructure market consists of service, system, device type, and region. The device type segment of the market consists of smart water meters, smart electric meters, smart gas meters, and advanced communication modules among others. The service segment of the market is segmented into meter deployment, system integration, AMI consulting, AMI management, and others. The system segment of the advanced metering infrastructure comprises of meter data management, meter data analytics, communication infrastructure, and AMI security and others. The market spans across regions such as Europe, North America, Asia Pacific, and the rest of the world.
Market Research Analysis
The regional analysis of advanced metering infrastructure market is studied for regions namely Asia Pacific, North America, Europe and the Rest of the World. The North American region is one of the foremost regions in the market for advanced metering infrastructure in terms of market share. The advanced metering infrastructure market in this region has an enormous demand share owing to the growing implementation of smart grid technology, which is pushing the market growth to a huge extent. The progressive metering infrastructure market in the European region is anticipated to observe speedy growth in the approaching period. While, the countries in the Asia Pacific region such as Japan, China, and India are a developing advanced metering infrastructure market, which is expected to grow at a maximum CAGR in the impending years.
TABLE OF CONTENTS
LIST OF FIGURES
FIGURE 1 Global Advanced Metering Infrastructure Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Advanced Metering Infrastructure Market
FIGURE 4 Value Chain Of Global Advanced Metering Infrastructure Market
FIGURE 5 Share Of Global Advanced Metering Infrastructure Market In 2017, By Country (In %)
FIGURE 6 Global Advanced Metering Infrastructure Market, 2017-2023,
FIGURE 7 Sub Segments Of Device Type
FIGURE 8 Global Advanced Metering Infrastructure Market Size By Service, 2017
FIGURE 9 Share Of Global Advanced Metering Infrastructure Market By Device Type, 2017 TO 2023
FIGURE 10 Global Advanced Metering Infrastructure Market Size By Service, 2017
FIGURE 11 Share Of Global Advanced Metering Infrastructure Market By Device Type, 2017 TO 2023
FIGURE 12 Global Advanced Metering Infrastructure Market Size By System, 2017 TO 2023
FIGURE 13 Share Of Global Advanced Metering Infrastructure Market By System, 2017 TO 2023
Know More about this Report @ https://www.marketwatch.com/press-release/advanced-metering-infrastructure-ami-market-2019-global-size-sales-revenue-opportunities-leading-players-business-growth-segmentation-and-regional-forecast-2023---08-oct-2019-2019-10-08
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