Advanced Metering Infrastructure Market-Overview
The upswing in the implementation of smart grid communication is estimated to guide the advanced metering infrastructure market 2020. The semiconductors and electronics reports are made by Market Research Future, which includes market options for progress. A USD 9 billion income is foreseen for the market by 2023 with a CAGR of 14%.
The initiatives being undertaken by the utilities and energy retailers to advance energy efficiency is estimated to transform the advanced metering infrastructure industry. Moreover, the upsurge in energy generation, especially is developed countries is predicted to spur the advanced metering infrastructure market positively in the course of the forecast period.
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Segmental Analysis
The segmental study of the advanced metering infrastructure market is conducted on the basis of service, system, device type, and region. Based on the service, the advanced metering infrastructure market is segmented into meter deployment, AMI management, system integration, AMI consulting and others. Based on the regions, the advanced metering infrastructure market analysis is segmented into Europe, North America, Asia Pacific, and other vital regional markets. The device type based segmentation of the advanced metering infrastructure market is segmented into smart gas meters, smart electric meters, smart water meters, and advanced communication modules. Based on the system, the advanced metering infrastructure market is segmented into meter data management, communication infrastructure, meter data analytics, and AMI security and others.
Detailed Regional Analysis
The regional investigation of advanced metering infrastructure market includes Europe, North America, Asia Pacific, and other vital regional markets. The advanced metering infrastructure market in the North American region is one of the foremost regions in terms of market share. The regional market of the North America has a huge demand base which is boosting the market development to a huge extent. The European advanced metering infrastructure market is anticipated to observe a speedy growth in the forthcoming period. During the forecast period, the European advanced metering infrastructure is estimated to display a mounting demand for gas-based power generation by the enormous implementation of smart gas meters in these regions. However, Asia Pacific countries such as, Japan, and India are emerging in the advanced metering infrastructure market, which is anticipated to mature at the uppermost CAGR in the approaching years.
Competitive Analysis
The recalibration of the supply chains is estimated to undertaken at a fast pace in this period ahead. The economic downturn is predicted to induce contenders into carrying out deliberation of their opportunities to plan for the long term expansion. The marketing budgets in the market are estimated to be restricted due to the lack of liquidity in the market, and this is foreseen to transform the overall market in the impending period. Also, the market is estimated to focus on a locally based structure to reduce operating cost in these times. The imperative conditions for growth are estimated to spur the market considerably in the impending period. The need to transform the service and the product delivery is projected to create a favorable scope for development of the market. The competition in the market is estimated to ramp up because of the lack of profitable opportunities in the market. The optimization of the resources in the market is predicted to create promising options for growth in the impending period.
The illustrious contenders in the advanced metering infrastructure market are Elster Group GmbH (Germany), Sensus (U.S.), Siemens AG (Germany), General Electric (U.S.), Schneider Electric SE (France), Itron, Inc. (U.S.), Aclara Technologies LLC (U.S.), Tieto Corporation (Finland), Trilliant, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Cooper Industries (U.S.), International Business Machines Corporation (U.S.), Silver Spring Networks (U.S.), among others.
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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 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 ReportIn 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 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.
