Press Release

Advanced Metering Infrastructure Market Forecast to 2019-2024 by Industry Share, Size, Growth Rate, and Regional Analysis by Top Key Players

Advanced Metering Infrastructure

Report Titled: “Advanced Metering Infrastructure Market – Growth, Trends, and Forecast (2019 – 2024)

The report provides deep insights into Advanced Metering Infrastructure Market related to industry size, share, types, applications, and forecast details. The report covers all the essential information of top key players and relevant regions. Advanced Metering Infrastructure market report analyzed the market present condition, profit, loss, capacity, productions, consumption and growth rate of the market. In the end, the report introduced SWOT analysis, investment feasibility, and return analysis of the market.

Scope of the Report:

  • Advanced Metering Infrastructure (AMI) helps in two-way communications and provide system operators with an IT-enabled interface with residential and commercial consumers. Curtailing energy theft is another strong motivator for adopting smart grid technology and AMI. AMI provides different kinds of devices and services such as smart meter, meter communication infrastructure, data management which is being used by residential, commercial, and industrial sectors.

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    Market Overview:

  • The advanced metering infrastructure market was estimated to witness a CAGR of 14% during the forecast period (2019-2024). Smart Meters represent a transformative technology for the utility industry. These technologically advanced meters provide greater insight into the usage of energy. In the case of smart electric meters, they ensure enhanced control of the electrical grid. Smart Meters have been employed as a part of Advanced Metering Infrastructure development initiatives around the world.
  • – Development of an integrated and IT-enabled power grid and other support software to analyze the patterns offers significant benefits to the user. Such a grid, known as a ‘smart grid’, supports the expansion of distributed production, lowers costs, promotes energy efficiency and improves both the reliability and security of the entire production, transmission and distribution system.
  • – Governmental regulations in North America and Europe regions are pushing them towards smart grids and helping them attain top spots in terms of market shares. With companies around the world increasingly being aware of the technologies, organizations are investing in integrating new technologies to produce advanced metering devices with improved performance and efficiency.
  • – Thus, there are huge opportunities for companies to invest in the technology segment. This might also help in realizing low-cost devices that could help companies capture unexplored markets in developing nations.

    List of Top Key Players are as Follow:

  • Itron Inc.
  • IBM Corporation
  • Landis+Gyr
  • Sensus Solutions
  • Siemens AG
  • Silver Spring Networks
  • Aclara Technologies LLC
  • Cisco Systems Inc.
  • General Electric Corporation
  • Trilliant Inc.
  • Schneider Electric SE
  • Honeywell International Inc.

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    Key Market Trends:

    Smart Meter is Expected to Hold Significant Share

    – Smart meters are an internet capable measuring device used for water, energy and natural gas usage in commercial, residential and industrial areas. These systems consist of an electric meter, water meter, and control unit in a single package.
    – Conventional meters can only measure water consumption whereas smart water meters helps in recording the total resource consumption, which also includes wastewater usage in several industries and many other applications.
    – Currently, around 50% to 60% of the installed gas meter base in the United States and Canada are automated reading devices. Roughly, 52% of all the new meters sold in 2016 are AMI or AMR solutions. This share is predicted to increase more during the forecast period.
    – The factors responsible for the growth of the smart water meter market are due to funding from the US federal and important water metering legislation. The various policies and privatization in this industry, about the usage of smart water meters for advanced metering infrastructure, is also supporting the growth of the market.
    – In the United Kingdom, different energy end-user industries are using domestic smart meters to manage efficiency, reduce the carbon footprint, reduce expenditure and thereby increase the overall operations.

    North America to Execute a Significant Growth

    – In the US, the largest driver of the smart electricity meters market in conjunction with the deployment of smart electricity meter infrastructure has been American Recovery and Reinvestment Act (ARRA) of 2009, which included funding for the Smart Grid Investment Grant (SGIG) program.
    – More than 50% of the USD 7.9 billion in the SGIG (USD 3.4 billion from ARRA and USD 4.5 billion in matched funds from the private sector) was designated for advanced metering infrastructure. The top five smart meter manufacturers (Elster, GE Energy, Itron, Landis+Gyr, and Sensus) received a significant amount of more than USD 30 million in ARRA funds or matching funds. These factors have resulted in the direct growth of the smart electricity meters market in the United States.
    – Further, Canada has also witnessed large-scale incorporation of smart electricity meters after the governmental mandate was introduced more than five years ago with the prime motive of reducing peak time loads. Thus, owing to increasing demand and stringent regulations are stimulating the adoption of smart meters across end users.
    – The growth of the market is also increasing due to the growing population and rise in the number of water applications in the United States and Canada. Several features offered by smart water meters like time bases synchronized meter readings and system monitoring and control is expected to extend the market.

    Reasons to Buy Advanced Metering Infrastructure Market Report:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography, and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Advanced Metering Infrastructure Market on the global and regional level.

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    Detailed TOC of Advanced Metering Infrastructure Market Report are:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study
    1.4 Market Definition



    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Shift Toward Energy Efficient/Saving Alternatives
    4.3.2 Favorable Governmental Regulations Driving Adoption
    4.4 Market Restraints
    4.4.1 High Initial Costs
    4.5 Market Opportunities
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5.1 By Devices & Services
    5.1.1 Smart Meters
    5.1.2 Meter Communication Infrastructure
    5.1.3 Data Management
    5.1.4 Services
    5.2 By End-user Industry
    5.2.1 Residential
    5.2.2 Commercial
    5.2.3 Industrial
    5.3 Geography
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia-Pacific
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    6.1 Company Profiles
    6.1.1 Itron Inc.
    6.1.2 IBM Corporation
    6.1.3 Landis+Gyr
    6.1.4 Sensus Solutions
    6.1.5 Siemens AG
    6.1.6 Silver Spring Networks
    6.1.7 Aclara Technologies LLC
    6.1.8 Cisco Systems Inc.
    6.1.9 General Electric Corporation
    6.1.10 Trilliant Inc.
    6.1.11 Schneider Electric SE
    6.1.12 Honeywell International Inc.




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