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Advanced Metering Infrastructure Market - Global Industry Analysis

Advanced Metering Infrastructure Market: By Service (Meter Deployment, Program Management & Consulting, and System Integration), By Device (Smart Water Meters, Smart Electric Meters, and Smart Gas Meters), By Solution (Meter Data Analytics, Advanced Metering Infrastructure Security, Meter Communication Infrastructure, and Meter Data Management), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 12-Feb-2020 Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-54 Status : Published

The global advanced metering infrastructure market is slated to be valued at 7.91 (USD Billion) in 2019 and 18.29 (USD Billion) by 2025 at a CAGR of 15%.

Description

The global advanced metering infrastructure market is slated to be valued at 7.91 (USD Billion) in 2019 and 18.29 (USD Billion) by 2025 at a CAGR of 15%. The report offers valuation and analysis of advanced metering infrastructure market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, sales estimates, opportunities, current & emerging trends, and industry-validated market figures. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Introduction

The advanced metering infrastructure system also referred to as a smart metering infrastructure system comprises of digital electricity meters and communication networks facilitating 2-way communication between utilities and end-users.

Moreover, advanced metering infrastructure is only possible if smart meters are used in smart grids. Moreover, the advent of smart grid technologies has facilitated prompt response to outages and renewable energy generation along with enhancing the efficiency of the power distribution. On the other hand, smart grid technology can create daunting challenges for the utilities or power suppliers, systems & equipment providers, and policy makers. However, an advanced metering infrastructure can help the latter in overcoming these challenges. Apparently, with advanced metering being one of the key applications of the smart grid, it is projected to inflate the growth of the smart grid market over the coming years.

Key Growth Drivers

Escalating the need for abating manual meter reading & meter reading device usage is expected to encourage the demand for advanced metering over the coming years. This is likely to transform into huge growth opportunities for the advanced metering infrastructure industry over the years to come. Furthermore, the large-scale acceptance of advanced metering infrastructure has created a new opportunity for the utility sector to add intelligence to the grid.

Global Advanced Metering Infrastructure Market

In addition to this, the potential of the global framework for addressing GHG emissions, the presence of ample funds for constructing robust power infrastructure, and growing renewable energy trends is likely to provide an impetus for the smart grid ventures. This, in turn, will also drive the growth of the advanced metering infrastructure industry over the forecast period.

Reportedly, an advanced metering infrastructure business was predicted to save nearly USD 9 billion for the U.S. economy by 2019. In addition to this, advanced metering provides direct information to utilities, thereby assisting the utility sector in comprehending not only the site of outages but also the outage proportion. This has helped the utilities restore power and continue selling of power quickly.

Moreover, advanced metering through its distant reconnection & disconnection abilities is likely to inflate revenue of the utilities through theft minimization and strict enforcement of disconnection policies. This is predicted to help the advanced metering infrastructure market growth gain momentum over the years ahead.  

North America To Dominate Global Advanced Metering Infrastructure Market By 2025

The growth of the regional market over the forecast period is owing to the advanced metering infrastructure providers in the countries like the U.S. offering operational benefits via enhanced meter functions, effective controls, and improved visibility in the grid conditions. Furthermore, grid applications are predicted to favorably leverage the growth of the advanced metering infrastructure market in North America over the forecast timespan.

The key players likely to impact the growth of the advanced metering infrastructure market include General Electric, IBM Corporation, Schneider Electric SE, Trilliant, Inc., Cisco Systems, Inc., Elster Group GmbH, Aclara Technologies LLC, Itron, Inc., Sensus, and Tieto Corporation.

The global advanced metering infrastructure market is segmented as follows:

By Service

  • Meter deployment

  • System integration

  • Program management and consulting

By Device

  • Smart water meters

  • Smart gas meters

  • Smart electric meters

By Solution

  • Meter data analytics

  • Meter data management

  • Meter communication infrastructure

  • Advanced Metering Infrastructure security

By Region

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Advanced Metering Infrastructure Market, 2016-2025 (USD Billion)
    • 2.2. Advanced Metering Infrastructure Market: Snapshot
  • Chapter 3. Global Advanced Metering Infrastructure Market- Industry Analysis
    • 3.1. Advanced Metering Infrastructure Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Massive need for reducing manual meter reading along with minimization in meter reading equipment use
      • 3.2.2. Growing requirement of alleviating thefts and strict enforcement of disconnection policies
    • 3.3. Porter's Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Service
      • 3.4.2. Market attractiveness analysis By Device
      • 3.4.3. Market attractiveness analysis By Solution
      • 3.4.4. Market attractiveness analysis by Region
  • Chapter 4. Global Advanced Metering Infrastructure Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Advanced Metering Infrastructure Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Service launches
      • 4.2.3. Agreements, partnerships, collaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Advanced Metering Infrastructure Market-Service Analysis
    • 5.1. Global Advanced Metering Infrastructure Market overview: By Service
      • 5.1.1. Global Advanced Metering Infrastructure Market share, By Service,2018 and 2025
    • 5.2. Meter Deployment
      • 5.2.1. Global Advanced Metering Infrastructure Market by Meter Deployment, 2016-2025 (USD Billion)
    • 5.3. Program Management & Consulting
      • 5.3.1. Global Advanced Metering Infrastructure Market by Program Management & Consulting, 2016-2025 (USD Billion)
    • 5.4. System Integration
      • 5.4.1. Global Advanced Metering Infrastructure Market by System Integration, 2016-2025 (USD Billion)
  • Chapter 6. Global Advanced Metering Infrastructure Market- Device Analysis
    • 6.1. Global Advanced Metering Infrastructure Market overview: By Device
      • 6.1.1. Global Advanced Metering Infrastructure Market share, By Device, 2018 and 2025
    • 6.2. Smart Water Meters
      • 6.2.1. Global Advanced Metering Infrastructure Market By Smart Water Meters, 2016-2025 (USD Billion)
    • 6.3. Smart Electric Meters
      • 6.3.1. Global Advanced Metering Infrastructure Market By Smart Electric Meters, 2016-2025 (USD Billion)
    • 6.4. Smart Gas Meters
      • 6.4.1. Global Advanced Metering Infrastructure Market By Smart Gas Meters, 2016-2025 (USD Billion)
  • Chapter 7. Global Advanced Metering Infrastructure Market- Solution Analysis
    • 7.1. Global Advanced Metering Infrastructure Market overview: By Solution
      • 7.1.1. Global Advanced Metering Infrastructure Market share, By Solution, 2018 and 2025
    • 7.2. Meter Data Analytics
      • 7.2.1. Global Advanced Metering Infrastructure Market By Meter Data Analytics, 2016-2025 (USD Billion)
    • 7.3. Advanced Metering Infrastructure Security
      • 7.3.1. Global Advanced Metering Infrastructure Market By Advanced Metering Infrastructure Security, 2016-2025 (USD Billion)
    • 7.4. Meter Communication Infrastructure
      • 7.4.1. Global Advanced Metering Infrastructure Market By Meter Communication Infrastructure, 2016-2025 (USD Billion)
    • 7.5. Meter Data Management
      • 7.5.1. Global Advanced Metering Infrastructure Market By Meter Data Management, 2016-2025 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. General Electric
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Service Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Schneider Electric SE
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Service Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Elster Group GmbH
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Service Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. IBM Corporation
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Service Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. Trilliant, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Service Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. Cisco Systems, Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Service Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Elster Group GmbH
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Service Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Aclara Technologies LLC
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Service Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. Itron, Inc.
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Service Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Sensus
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Service Portfolio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development
    • 8.11. Tieto Corporation
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Service Portfolio
      • 8.11.4. Business Strategy
      • 8.11.5. Recent Development

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