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Advanced Metering Infrastructure Market Size Worth $21.05 Bn by 2026, With Leading Players – IBM Corporation, Cisco Systems Inc., General Electric Corporation

Advanced Metering Infrastructure Market Size Worth $21.05 Bn by 2026, With Leading Players – IBM Corporation, Cisco Systems Inc., General Electric Corporation

April 02
02:13 2021
Advanced Metering Infrastructure Market Size Worth $21.05 Bn by 2026, With Leading Players - IBM Corporation, Cisco Systems Inc., General Electric Corporation

Advanced Metering Infrastructure Market
The increasing focus on utility efficiency, stringent government regulations focusing on sustainable use of non-renewable energy are some of the factors boosting the Advanced Metering Infrastructure market

The global Advanced Metering Infrastructure Market is forecast to reach USD 21.05 Billion by 2026, according to a new report by Reports and Data. Advanced metering infrastructure (AMI) can be considered as an integrated system of communications networks, data management systems and smart meters that enables two-way communication between customers and utility providers. The market is witnessing continuous growth due to its effectiveness in providing various essential functions, which were needed to be performed manually or were not possible earlier. As an instance, remotely measuring electric use, disconnect and connect services, isolate outages, detect tampering among others are some of these functions possible with this infrastructure. One of the mentionable feature of this system is, it provides with customer technologies like programmable communicating thermostats and in-home displays along with enabling utilities to provide with new time-based rate programs and incentives. The presence of these facilities results in encouraging customers to minimize wastage of energy, efficiently manage the consumption and costs. Some of the other mentionable advantages of this infrastructure are, it increases profit percentage of water, gas, and utility companies by reducing the equipment and maintenance costs, enabling faster restoration of electric service at the time of outages. In regards to region, Europe can be seen to occupy a prominent market position. The market position held by the region is resultant of goals determines by European Union, like 80% of meters to be replaced with smart meters by 2020, which is elevating the demand for the infrastructure in this region.

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Key findings in the report:

  • The AMI market held a market share of USD 6.82 Billion in the year 2018 and forecasted to grow at a rate of 15.1% during the forecast period.
  • In regards to Product Type, the Communication Modules segment can be seen to witness a faster growth rate of 16.4% during the forecast period, which is expected to occupy 35.0% of the market by 2026. The growth rate experienced by the segment is resultant of rising demand for remotely managing metering mechanisms that can be effectively performed by communication modules, which helps in collecting information in real-time.  
  • In the context of the Service, the Meter Deployment segment held the largest market share of 38.0% in 2018, with a growth rate of 15.3% during the forecast period. A meter is an essential component of the infrastructure; expansion of the market would result in elevating the demand for its deployment, which contributes to the market share occupied by this segment.
  • In regards to the End-user, the Commercial segment occupies the largest market share of 48.0% in 2018, with a growth rate of 14.8% during the forecast period. The rise in the number of smart buildings for commercial use and elevated emphasis on the effective use of energy in these buildings contributes to the market share occupied by this segment.
  • In context to region, Asia Pacific is projected to witness the fastest growth rate of 16.0% during the forecast period, which is expected to occupy 25.5% of the market by 2026. The growth rate experienced by the region is attributed to its digital transformation and increasing awareness about sustainable use of resources.
  • Key participants include 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.

Advanced Metering Infrastructure Market Size, Share And Industry Analysis By Component Type, By Product Type Size, By Solution Type, By Service Type, By End-user Type And Region, Segment Forecasts To 2026, To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/advanced-metering-infrastructure-market

For the purpose of this report, Reports and Data have segmented the global AMI market based on Component, Product Type, Solution, Service, End-user, and region:

Component Type Outlook (Revenue, USD Billion; 2016-2026)

  • Meter
  • Collector
  • Head-end System
  • Communication infrastructure
    • Neighborhood Area Network
    • Wide Area Network
    • Home Area Network
  • Others

Product Type Size Type Outlook (Revenue, USD Billion; 2016-2026)

  • Two-way smart meters
  • Communication Modules

Solution Type Outlook (Revenue, USD Billion; 2016-2026)

  • Meter Data Analytics
  • Meter Data Management
  • Meter Communication Infrastructure
  • Advanced Metering Infrastructure Security

Service Type Outlook (Revenue, USD Billion; 2016-2026)

  • Meter Deployment
  • System Integration
  • Program Management and Consulting

End-user Type Outlook (Revenue, USD Billion; 2016-2026)

  • Commercial
  • Residential
  • Industrial

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Regional Outlook (Revenue in USD Billion; 2017–2026)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Egypt
    • Rest of MEA

Table Of Content

Chapter 1. Market Synopsis

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technology

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Advanced Metering Infrastructure (AMI) Market Segmentation & Impact Analysis

    4.1. Advanced Metering Infrastructure (AMI) Market Segmentation Analysis

    4.2. Industrial Outlook

…………..

Chapter 11. Competitive Landscape

    11.1. Market Revenue Share By Manufacturers

    11.2. Manufacturing Cost Breakdown Analysis

    11.3. Mergers & Acquisitions

    11.4. Market positioning

    11.5. Strategy Benchmarking

    11.6. Vendor Landscape

Chapter 12. Company Profiles

     12.1. IBM Corporation

             12.1.1. Company Overview

             12.1.2. Financial Performance

             12.1.3. Technology Insights

             12.1.4. Strategic Initiatives

    12.2. Cisco Systems, Inc.

            12.2.1. Company Overview

            12.2.2. Financial Performance

            12.2.3. Technology Insights

            12.2.4. Strategic Initiatives

    12.3. General Electric Corporation

             12.3.1. Company Overview

             12.3.2. Financial Performance

             12.3.3. Technology Insights

             12.3.4. Strategic Initiatives

    12.4. Aclara Technologies LLC.

             12.4.1. Company Overview

             12.4.2. Financial Performance

             12.4.3. Technology Insights

             12.4.4. Strategic Initiatives

    12.5. Itron Inc.

             12.5.1. Company Overview

             12.5.2. Financial Performance

             12.5.3. Technology Insights

             12.5.4. Strategic Initiatives

Continue …

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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