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The global Advanced Metering Infrastructure Market is presumed to reach a market value of USD 24.68 Billion by 2027, according to the latest report published by Emergen Research. The significant factors bolstering market growth are rapid urbanization, augmenting industrialization, and the surging population growth. The escalating demand for smart grid and smart cities’ projects are anticipated to add traction to the growth of the Advanced Metering Infrastructure market.
Key Highlights from the Report:
The system integration segment is forecast to command the market in terms of market share attributable to service reliability, vital data gathering, cost-effectiveness, augmented better control and analysis, and improved real-time monitoring.
Some of the prominent players operating in the market are 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.
In 2018, Landis+Gyr and Pacific Equity Partners announced the acquisition of Acumen from Origin Energy Limited, the largest energy supplier of Australia. The acquisition formed a new company that was poised to deploy a large number of the 8 million smart meters across Western and South Australia.
Type Outlook (Revenue, USD Billion; 2017-2027)
- Smart Electric Meter
- Smart Water Meter
- Smart Gas Meter
Service Outlook (Revenue, USD Billion; 2017-2027)
- Meter Deployment
- System Integration
- Program Management and Consulting
Solution Outlook (Revenue, USD Billion; 2017-2027)
- Meter Communication Infrastructure
- Meter Data Analytics
- Meter Data Management
- Advanced Metering Infrastructure Security
End-Use Outlook (Revenue, USD Billion; 2017-2027)
However, the scarcity of government funds for infrastructure installations and the inadequacy of inter-operability standards across different areas are presumed to hamper the growth and expansion of the market over the forecast timeline.
For the purpose of this report, Emergen Research has segregated the Advanced Metering Infrastructure Market on the basis of type, service, solution, end-use, and region.
Global Advanced Metering Infrastructure Market – Table of Contents:
1. Market Summary:
2. Product Outlook:
- Production, by product type
- Revenue, by product type
- Price, by product type
3. Application Outlook:
- Consumption, by application
- Market Share, by application
4. Geographical Breakdown:
- Production, by region
- Revenue, by region
- Consumption, by region
5. Manufacturers’ Overview:
- Production Locations and Areas Served
- Product Launch, Application, and Specification
- Production, Revenue, Ex-factory Price, and Gross Margin
- Key Businesses