Advanced Metering Infrastructure (AMI) Market Growth, Opportunities, New Product Developments, Competitive Landscape, Latest Insights and Forecast by 2029
A new comprehensive research Study is added in Data Bridge Market research’s database of 350 pages, titled as “Advanced Metering Infrastructure (AMI) Market”. All the data and information, especially numerical data, involved in this market report has been represented very well in the form of graphs, charts or tables for the better understanding of users. This report serves the clients to tackle every strategic aspect including product development, exploring niche growth opportunities, product specification, application modelling, and new geographical markets. Few more data models employed for the research methodology are merchant positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, thorough analysis and vendor share analysis. A team of skilled analysts, statisticians, research experts, enthusiastic forecasters, and economists work painstakingly to structure such a great market research report for the businesses seeking a potential growth. We create Strategic reports with the help of very loyal sources such as journals, newspapers, company websites and annual reports of the companies have been referred to collect the data which can be relied upon confidently. This Advanced Metering Infrastructure (AMI) report also gives explanation about strategic profiling of key players in the market, systematic analysis of their core competencies, and provides a competitive landscape for the market.
advanced metering infrastructure (AMI) market was valued at USD 19.24 billion in 2021 and is expected to reach USD 77.37 billion by 2029, registering a CAGR of 12.50% during the forecast period of 2023-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Key Players Mentioned in the Advanced Metering Infrastructure (AMI) Market Research Report:
- General Electric (U.S.)
- Siemens (Germany)
- ABB (Switzerland)
- Emerson Electric Co. (U.S.)
- AVEVA Group plc (U.K.)
- Schneider Electric (France)
- Wipro Limited (India)
- IBM (U.S.)
- Robert Bosch GmbH (Germany)
- Etteplan Oyj (Finland)
- Fujitsu (Japan)
- Cisco Systems, Inc. (U.S.)
- IBM (U.S.)
- Siemens (Germany)
- Itron Inc., (U.S.)
- Oracle (U.S.)
- Fujitsu (Japan)
- Honeywell International Inc., (U.S.)
- Accenture (Ireland)
- SAP SE (Germany)
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- Comprehensive analysis of the Inertial Sensor market, providing valuable insights into the industry.
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- Detailed profiling of the top Inertial Sensor manufacturers, including their sales, revenue, and global market share.
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- Forecast of Inertial Sensor market performance by region, type, and application, from 2022 to 2029.
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Advanced Metering Infrastructure (AMI) Market Dynamics
Drivers
- Numerous Benefits ofAdvanced Metering Infrastructure (AMI)
The advanced metering infrastructure provides a variety of services, including head-end systems, meter data management services systems, metering and communication systems, and others which has largely created the demand for the advanced metering infrastructure (AMI) market. Moreover, the cutting-edge meters offer remote firmware upgrades, remote load limits, and remote meter readings. The bidirectional connection between customers, software, and businesses is made easier by an interconnected system of communication networks, smart meters, and data processing systems. It gives the electrical grid more control. These smart meters represent ground-breaking technologies for the utility sector, as they have the ability to enhance data collection and meter reading. These beneficial uses of the advanced metering infrastructure (AMI) will further accelerate the market growth over the forecast period.
- Supportive Government Regulations
Around the world, many countries are creating legal and regulatory requirements for installing smart grids and smart meters. For instance, the European Union has planned that by 2021, sophisticated metering infrastructure would replace 80% of traditional electricity meters. The Tokyo Electric Power Company (TEPCO) also has ambitions to install 27 million electric smart meters in Japan and develop an integrated platform for energy management that will link to smart devices in households and businesses. During the projected period, this element is probably what will propel the market for advanced metering infrastructure.
Furthermore, the factors such as rising urbanization, industrialization and growing population have further raised the need for generation of energy, which will accelerate the overall market expansion during the forecast period. Additionally, the increasing demand for the establishment of smart cities and smart grid systems are anticipated to drive the growth rate of the advanced metering infrastructure (AMI) market. Moreover, a growth in the demand for low-bandwidth, inexpensive, and delay-insensitive metering is anticipated to result in a significant increase in the demand for advanced metering infrastructure (AMI) communications networks.
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Based on Advanced Metering Infrastructure (AMI) Market Segmentations
Devices
- Smart Gas Meters
- Smart Water Meters
- Smart Electric Meters
Services
- System Integration
- Meter Deployment
- Program Management and Consulting
Solutions
- Meter Data Management
- Meter Data Analytics
- Advanced Metering Infrastructure Security
- Meter Communication Infrastructure
Advanced Metering Infrastructure (AMI) Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2023-2029):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the Advanced Metering Infrastructure (AMI) Report
- Part 03: Advanced Metering Infrastructure (AMI) Landscape
- Part 04: Advanced Metering Infrastructure (AMI) Sizing
- Part 05: Advanced Metering Infrastructure (AMI) Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-advanced-metering-infrastructure-ami-market
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