Advanced Metering Infrastructure (AMI) Market
Advanced Metering Infrastructure (AMI) Market Global Industry Assessment & Forecast
#
Pages:
170
2021
Nov - 2021
VMR-2021-0775
Segments Covered
By
Product Smart Meter, Communications Infrastructure, Meter Data Management Systems (MDMS)
-
By
Application Residential, Commercial, Industrial
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
10.47 Billion |
 Revenue 2028:
|
29.66 Billion |
 Revenue CAGR
(2021 - 2028): |
13.90% |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Product, Application, , and region. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecast, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Product, the market is divided into Smart Meter, Communications Infrastructure, Meter Data Management Systems (MDMS),. Communication Infrastructure held the largest share in 2020 and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Residential, Commercial, Industrial. Industrial attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Advanced Metering Infrastructure (AMI) Market: Product Segment Analysis
-
- Smart Meter
- Communications Infrastructure
- Meter Data Management Systems (MDMS)
Global Advanced Metering Infrastructure (AMI) Market: Application Segment Analysis
-
- Residential
- Commercial
- Industrial
FAQ
Frequently Asked Question
What is the global demand for Advanced Metering Infrastructure (AMI) in terms of revenue?
-
The global Advanced Metering Infrastructure (AMI) valued at 10.47 Billion in 2020 and is expected to reach 29.66 Billion in 2028 growing at a CAGR of 13.90%%.
Which are the prominent players in the market?
-
The prominent players in the market are General Electric, Echelon, Silver Spring Networks, Eaton, Landis+Gyr, Tieto, Itron, Sensus, Trilliant Inc., Elster Group, Aclara Technologies Llc., Schneider Electric..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 13.90%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Advanced Metering Infrastructure (AMI) include
- Smart meters are increasingly being adopted for multiple deployments, such as gas, electricity, and water, due to its two-way communication feature, which enables real-time monitoring of utility usage by both utility supplier and consumer, also encourage to start/reading/cutoff of supply remotely by the supplier thereby elevating the market growth.
- Favorable governmental initiatives are creating a major driving force for the overall market.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Advanced Metering Infrastructure (AMI) in 2020.
