Advanced Metering Infrastructure (AMI) Market Size to Worth USD 61.99 billion by 2030 | With a 12.5% CAGR
Advanced Metering Infrastructure (AMI) Market
Global Advanced Metering Infrastructure (AMI) Market include -Aclara Technologies LLC, ADD Grup, Apator SA, Badger Meter
LUTON, BEDFORDSHIRE, UNITED KINGDOM, February 28, 2024 /EINPresswire.com/ -- The “Advanced Metering Infrastructure (AMI) Market" Size, Scope, and Forecast 2024-2030 report has been added to the market research collection of Research Reports. The report offers an in-depth analysis of the growth of the industry by segmenting it by type and geography. It provides an overview of the current market size and its forecast in terms of revenue and volume. Industry experts and researchers have offered an authoritative and concise analysis of the Advanced Metering Infrastructure (AMI) Market with respect to various aspects such as growth Factors, challenges, Restraints, Developments, and Opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Advanced Metering Infrastructure (AMI) Market. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Also this report analysis Porters five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth
The global Advanced Metering Infrastructure (AMI) market size was valued at USD 27.18 billion in 2023, and is projected to reach USD 61.99 billion by 2030, registering a CAGR of 12.5% from 2024 to 2030
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Top Key Players in Advanced Metering Infrastructure (AMI) Market:
Aclara Technologies LLC, ADD Grup, Apator SA, Badger Meter, Inc, Circutor SA, Diehl Metering GmbH, EDMI Limited, Elster Group GmbH, Holley Technology Ltd., Honeywell International Inc., Iskraemeco, Itron Inc., Kamstrup A/S, Landis+Gyr, Schneider Electric SE, Sensus, Siemens AG, Silver Spring Networks, Trilliant Holdings, Inc., Zenner International GmbH & Co. KG
Recent Developments:
December 12, 2023 — Xylem Unveils New Residential Electric Meter with Advanced Grid Edge Capabilities. The new Stratus IQ+™ electricity meter from Sensus, a Xylem brand, is taking the grid to next-level smart. Its powerful processor and expanded data set options allow utilities to pull more system diagnostics than ever before, giving them a robust health check of their distribution system and heightened awareness of customer electricity usage.
Feb. 14, 2024 — Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, today announced a new brand identity reflecting the company’s evolution and a new era of delivering enhanced intelligence to create a more resourceful world. The new brand identity reflects Itron’s commitment to creating new efficiencies, connecting communities, encouraging sustainability and increasing resourcefulness.
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Segmentation of Advanced Metering Infrastructure (AMI) Market:
Segments Covered in the Advanced Metering Infrastructure (AMI) Market Report
Advanced Metering Infrastructure (AMI) Market by Device
Smart electric meters
Smart water meters
Smart gas meters
Advanced Metering Infrastructure (AMI) Market by Product Type
Smart Metering Devices
Solutions
Services
Advanced Metering Infrastructure (AMI) Market by End User
Residential
Commercials
Industrial
Advanced Metering Infrastructure (AMI) Market by Region
North America
Europe
Asia Pacific
South America
Middle East and Africa
Advanced Metering Infrastructure (AMI) Market, By Geography
Regional Analysis
The dominant region in the Advanced Metering Infrastructure (AMI) market tends to vary based on factors like technological progress, regulatory policies, and infrastructure development. However, in recent years, North America has emerged as a primary contender in this sector. This dominance can be attributed to several factors. Firstly, North America boasts a leading position in technological innovation, with significant investments from major utility companies aimed at upgrading infrastructure for enhanced grid reliability, decreased energy losses, and improved operational efficiency. Additionally, regulatory measures within North America, including mandates for smart meter deployment and demand response program implementation, have accelerated the adoption of AMI solutions.
Study Objectives of this report are:
To study and analyse the global s market size (value and volume) by company, key regions/countries, products and application forecast to 2030.
To understand the structure of Advanced Metering Infrastructure (AMI) market by identifying its various sub segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Advanced Metering Infrastructure (AMI) manufacturers, to define, describe and analyse the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyse the Advanced Metering Infrastructure (AMI) with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Advanced Metering Infrastructure (AMI) submarkets, with respect to key regions (along with their respective key countries).
To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyse their growth strategies.
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There are several compelling reasons to consider purchasing this report on the global Advanced Metering Infrastructure (AMI) Market:
Comprehensive Market Insights: The report provides a detailed and comprehensive analysis of the global Advanced Metering Infrastructure (AMI) Market, covering key trends, growth drivers, challenges, and opportunities. It offers valuable insights into market dynamics, enabling informed decision-making and strategic planning.
In-Depth Industry Analysis: The report delves into the competitive landscape, market segmentation, and key players' profiles. It presents a thorough assessment of the market's current and future potential, helping businesses identify potential partnerships, acquisitions, or investment opportunities.
Market Size and Forecast: The report includes accurate market sizing and forecasting data, enabling businesses to gauge the market's growth potential and plan their investments accordingly. This data-driven approach assists in optimizing resource allocation and mitigating risks.
Emerging Trends and Innovations: By highlighting emerging trends and innovations in the Advanced Metering Infrastructure (AMI) Market, the report equips businesses with valuable foresight. Staying ahead of the curve on technological advancements and consumer preferences can offer a competitive edge.
Regional Analysis: The report examines the Advanced Metering Infrastructure (AMI) Market across different regions, providing a comprehensive understanding of regional dynamics and market variations. This information aids businesses in devising region-specific strategies and tapping into high-growth markets.
Regulatory Insights: With an analysis of relevant regulations and policies impacting the Advanced Metering Infrastructure (AMI) Market, the report helps businesses navigate compliance requirements and mitigate regulatory risks.
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