The global market for Advanced Metering Infrastructure (AMI) is estimated at US$15.5 Billion in 2023 and is projected to reach US$27.9 Billion by 2030, growing at a CAGR of 8.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the AMI market is driven by several factors, including technological advancements, regulatory support, and increasing demand for efficient energy management. Innovations in smart meter technology and communication networks are enhancing the capabilities and reliability of AMI systems, making them more attractive to utilities. Regulatory mandates and incentives aimed at reducing carbon emissions and promoting energy efficiency are encouraging the adoption of AMI.
The rising consumer demand for detailed and real-time information on energy usage is also propelling the market, as AMI systems provide the necessary tools for consumers to manage their energy consumption effectively. Additionally, the growing integration of renewable energy sources into the grid necessitates advanced metering solutions to manage the variability and optimize the use of green energy. These factors collectively contribute to the robust growth of the AMI market, ensuring its critical role in the modernization of the electrical grid.
The growth in the AMI market is driven by several factors, including technological advancements, regulatory support, and increasing demand for efficient energy management. Innovations in smart meter technology and communication networks are enhancing the capabilities and reliability of AMI systems, making them more attractive to utilities. Regulatory mandates and incentives aimed at reducing carbon emissions and promoting energy efficiency are encouraging the adoption of AMI.
The rising consumer demand for detailed and real-time information on energy usage is also propelling the market, as AMI systems provide the necessary tools for consumers to manage their energy consumption effectively. Additionally, the growing integration of renewable energy sources into the grid necessitates advanced metering solutions to manage the variability and optimize the use of green energy. These factors collectively contribute to the robust growth of the AMI market, ensuring its critical role in the modernization of the electrical grid.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the AMI Hardware segment, which is expected to reach US$16.3 Billion by 2030 with a CAGR of a 8.3%. The AMI Software segment is also set to grow at 9.0% CAGR over the analysis period.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Advanced Metering Infrastructure (AMI) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Advanced Metering Infrastructure (AMI) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Advanced Metering Infrastructure (AMI) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Siemens AG, Toshiba Corporation, Schneider Electric SE, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 186 Featured):
- Siemens AG
- Toshiba Corporation
- Schneider Electric SE
- Silicon Laboratories, Inc.
- Itron, Inc.
- Trilliant Holdings, Inc.
- Elster Group GmbH
- Toshiba Transmission & Distribution Systems Asia Sdn. Bhd.
- Networked Energy Services (NES) Corporation
- Amplex Denmark
- AusNet Services Group
- CAS Tecnologia
- Mueller Water Products, Inc.
- Korea Electric Power Corporation (KEPCO)
- Sanchuan Wisdom Technology Co., Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- Siemens AG
- Toshiba Corporation
- Schneider Electric SE
- Silicon Laboratories, Inc.
- Itron, Inc.
- Trilliant Holdings, Inc.
- Elster Group GmbH
- Toshiba Transmission & Distribution Systems Asia Sdn. Bhd.
- Networked Energy Services (NES) Corporation
- Amplex Denmark
- AusNet Services Group
- CAS Tecnologia
- Mueller Water Products, Inc.
- Korea Electric Power Corporation (KEPCO)
- Sanchuan Wisdom Technology Co., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 565 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 15.5 Billion |
| Forecasted Market Value ( USD | $ 27.9 Billion |
| Compound Annual Growth Rate | 8.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
