Advanced Metering Infrastructure Market – Industry Size, Development Strategy by 2027
- elizabethsanchez28
- Sep 3, 2021
- 4 min read
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.
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.
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Key Highlights From The Report
· Owing to highly extensible, flexible, and easily configurable, the meter data management solution is expected to dominate the market throughout the forecast period.
· Due to rising customer penetration of smart electric meters, the residential sector is anticipated to hold the largest market share over the forecast timeframe, since it offers greater transparency than traditional electric meters.
· Owing to the rapid implementation of IoT-based devices in various applications, such as water, electricity, gas, and others, in different countries, specifically in the United States and Canada, the North American market is anticipated to be the largest market and will dominate over the forecasted period.
· Key participants include IBM Corporation, General Electric, Schneider Electric SE, Elster Group Gmbh, Cisco Systems, Inc., Siemens AG, Itron, Inc., Eaton Corporation plc, Aclara Technologies LLC, and Landis+Gyr, among others.
Emergen Research has segmented the global Advanced Metering Infrastructure Market on the basis of type, service, solution, end-use, and region:
· Type Outlook (Revenue, USD Billion; 2017-2027)
o Smart Gas Meter
o Smart Electric Meter
o Smart Water Meter
· Service Outlook (Revenue, USD Billion; 2017-2027)
o Meter Deployment
o System Integration
o Program Management and Consulting
· Service Outlook (Revenue, USD Billion; 2017-2027)
o Meter Communication Infrastructure
o Meter Data Analytics
o Meter Data Management
o Advanced Metering Infrastructure Security
· End-Use Outlook (Revenue, USD Billion; 2017-2027)
o Residential
o Industrial
o Commercial
The report begins with basic information about the market, such as definitions, applications, classifications, value chain analysis, among others, to facilitate a better understanding among the readers. The market offers a panoramic view of the industry through a thorough analysis of the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Detailed Analysis of the Regions of the Advanced Metering Infrastructure Market Include Regions such as:
· 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)
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Key points covered in the report:
· The report provides the reader with a detailed study of the global Advanced Metering Infrastructure market, including essential data beneficial for business.
· The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.
· A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.
· It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.
Table Of Content:
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Advanced Metering Infrastructure Market Segmentation & Impact Analysis 4.1. Advanced Metering Infrastructure Market Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Increasing demand for smart home and smart grid 4.2.2.2. Rising adoption of IoT 4.2.3. Market restraints analysis 4.2.3.1. Cyber security challenges 4.2.3.2. Lack of inter-operability standards 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
Chapter 5. Advanced Metering Infrastructure Market By Type Insights & Trends, Revenue (USD Billion) 5.1. Type Dynamics & Market Share, 2019 & 2027 5.1.1. Smart Gas Meter 5.1.2. Smart Electric Meter 5.1.3. Smart Water Meter
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