By recognizing peak load times, advanced metering infrastructure (AMI) assists private and public utilities in managing energy demand. Furthermore, smart metering infrastructure helps consumers manage their energy consumption and Time-Of-Use (TOU) tariff. Advanced Metering Infrastructure provides an IT-enabled interface for electrical system operators. This system includes smart meters, meter connection infrastructure, and data management.
Advanced Metering Infrastructure Market Report Scope:
The Advanced Metering Infrastructure market has been analysed at regional and country levels. The segment-wise and region-wise analysis of the Advanced Metering Infrastructure market dynamics including drivers, restraints, challenges and opportunities has been provided in the report. This detailed analysis of the market makes the report an investor’s guide.
A bottom-up approach has been used to estimate the Advanced Metering Infrastructure market size. Key Players in the Advanced Metering Infrastructure market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included a review of annual and financial reports of leading manufacturers, while primary research included interviews with important opinion leaders and Advanced Metering Infrastructure industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals. SWOT analysis was used to provide strengths, weaknesses, opportunities and threats of the Advanced Metering Infrastructure key players in the industry.
Advanced Metering Infrastructure Market Report Overview:
The new market intelligence report published by research firm, Stellar Market Research, indicates the lucrative growth for Advanced Metering Infrastructure Market suppliers in the forecast period through 2029. The Advanced Metering Infrastructure Market report includes the growth drivers, major restraints, upcoming challenges and prevailing opportunities in the market.
Advanced Metering Infrastructure Market Size was valued at USD 10.67 billion in 2021. Global Advanced Metering Infrastructure Market size is estimated to grow at a CAGR of 16.1 % over the forecast period.
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Advanced Metering Infrastructure Market Regional Analysis:
Government initiatives in the sector and regulations drive the Advanced Metering Infrastructure Market growth in the region. The Advanced Metering Infrastructure market report includes a geographic condition of the market, market size and share as well as in-depth research into the business network structure, opportunities, and news updates. The report includes all the regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.
Advanced Metering Infrastructure Market Segmentation:
According to Device, the power segment would have the most market in 2021, accounting for 36.5%, while the water segment would have the highest CAGR of 15.2% over the projection period. Smart meters are a game changer in the utility industry. These technologically advanced meters provide additional information regarding energy consumption. Smart meters have been used to develop complex metering infrastructure initiatives all over the world.
According to Solution, the software sector held the greatest market share in 2021 and is predicted to grow at a CAGR of 12.2% over the forecast period. Meter Data Management temporarily stores a large number of meter data repositories, such as customer billing, credit management, outage management, and meter asset management.
Advanced Metering Infrastructure Market Key Players:
Cisco Systems, Inc.
Schneider Electric SE
Elster Group GmbH
Aclara Technologies LLC
Key Questions answered in the Advanced Metering Infrastructure Market Report are:
- What is Advanced Metering Infrastructure Market?
- What is the forecast period of the Advanced Metering Infrastructure Market?
- What are the Advanced Metering Infrastructure market segments?
- Which segment held the largest Advanced Metering Infrastructure market share?
- What will be the CAGR of the Advanced Metering Infrastructure market during the forecast period?
- What is the competitive scenario of the Advanced Metering Infrastructure market?
- What are the opportunities for the Advanced Metering Infrastructure Market?
- What are the factors restraining the Advanced Metering Infrastructure market growth?
- Which region held the largest market share in the Advanced Metering Infrastructure Market?
- Market Share, Size, and Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis of segments and sub-segments
- Competitive Landscape- Leading key players and other prominent key players.
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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