The global Advanced Metering Infrastructure Market is forecasted to be worth USD 24.68 Billion by 2027, according to a new report by Emergen Research. The growing industrialization, urbanization, and population growth are expected to drive the advanced meter infrastructure market growth during the forecast period. The rising demand for smart cities and smart grid projects is also anticipated to boost the market growth shortly.
The latest research report by Emergen Research, named ‘Global Advanced Metering Infrastructure Market - Forecast to 2027’, entails a comprehensive review of the global Advanced Metering Infrastructure market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.
Get a sample of the report @https://www.emergenresearch.com/request-sample/163
Market Scope:
One of the report’s central components is the broad Advanced Metering Infrastructure market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
Key Highlights From The Report
- In May 2018, A contract to form a joint venture to acquire Acumen from Australia's largest energy supplier, Origin Energy Limited, was announced by Landis+Gyr and Pacific Equity Partners. The merged company is poised to deploy a significant proportion of the projected 8 million smart meters to be deployed across Western Australia, and South Australia by the acquisition of the Acumen business.
- This is expected that the smart electric meter segment will dominate the market over the forecast timeframe. Supported by government spending and appropriate water meter regulations, the smart water meter segment is expected to grow with a CAGR of 15.7% during the forecast period.
- In the advanced metering infrastructure market, the system integration segment is expected to hold the largest market due to features such as enhanced real-time monitoring, service reliability, important data collection, cost benefits, and better control and analysis.
Regional Overview:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Get access to the full description of the report @https://www.emergenresearch.com/industry-report/advanced-metering-infrastructure-market
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Contact Us:
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Market Scenario Companies such as market Cisco Systems, Inc. (U.S.), International Business Machines Corporation (U.S.), General Electric (U.S.), Schneider Electric SE (France), are the leading providers of advanced metering infrastructure solution in the global market.
The increasing adoption of smart grid communication that enables the utilities and energy retailers to improve energy efficiency, integrate renewable energy resources, bring down operating costs, and improves grid reliability, and others.
The companies are investing in research and development of SCRUM methodology which is benefiting in smart electric and gas meters, communication hub and others.
It supports remote meter data reading, remote firmware upgrade, remote load limiter, and others.
The advanced metering infrastructure offers various services including advanced metering infrastructure, communication infrastructure, head end system, meter data management system, and others.The increasing of energy generation which is gaining demand in the Advanced Metering Infrastructure Market is due to the increasing urbanization, industrialization, and growing population which is propelling advanced metering infrastructure market growth to a large extent.
Advanced metering infrastructure solution, helps in managing the outsourcing and reducing the risk for the utility of professional operation providers in an organization.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5185Key Players: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.Segmentation of Advanced Metering Infrastructure Market:The global advanced metering infrastructure market is segmented into device type, service, system, and region.
The Advanced Metering Infrastructure market report by Reports and Data provides an extensive overview of the vital elements of the Advanced Metering Infrastructure market and factors such as the drivers, restraints, latest trends, supervisory scenario, competitive landscape, technological advancements, and others.
Space-age industrial and digitalization tools are used to provide the readers with actionable insights regarding the global Advanced Metering Infrastructure market.This is the latest report covering the current COVID-19 scenario.
The coronavirus pandemic has greatly affected every aspect of the worldwide industry.
The rapidly changing market scenario and the initial and future assessment of possible aftereffects are covered in the research report.
The report discusses all the major aspects of the market with expert opinions on the current status along with historical data.Get a sample PDF copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2549The report proposes a full-fledged solution for all your business needs and helps you understand the overall dynamics of the market.
It offers an in-depth evaluation of all aspects that are expected to impact the growth of the market.Key Advanced Metering Infrastructure Market players covered in the report are:IBM Corporation, Cisco Systems, Inc., General Electric Corporation, Aclara Technologies LLC., Itron Inc., Schneider Electric SE, Elster Group GmbH, Trilliant Inc., Sensus and Tieto Corporation.
