New York, NY -- (SBWIRE) -- 03/09/2021 -- 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.

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.

Advanced Metering Infrastructure Market: Leading Participants

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.

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For the purpose of this report, Reports and Data have segmented into the global Advanced Metering Infrastructure market on the basis of type, distribution channel, end-users, and region:

Product (Revenue, USD Million; 2016–2026)

Low-tech devices

Foam-Based Mattress
Gel-based Mattress
Fiber-filled Mattress
Water/Fluid-filled Mattress
Air-filled Mattress
High-tech Devices
Kinetic Bed
Dynamic Air Therapy Bed

End Use (Revenue, USD Million; 2016–2026)

Hospitals
Clinics
Long-term Care Centers

Regional Outlook (Revenue in USD Million; 2016-2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

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Further key findings from the report suggest:

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….Continued

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Table of Content:

Chapter 1. Market Synopsis

1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

3.1. Macro Indicators
3.1.1. Global consumption of fertilizers
3.1.2. Global fertilizer consumption by Crop Type
3.1.3. Contribution from different sectors to the global GHG emissions
3.1.4. Total Emissions (N2O) (Synthetic fertilizers) - Region wise
3.1.5. Region-wise area under organic farming

Chapter 4. Advanced Metering Infrastructure Market Segmentation & Impact Analysis

4.1. Advanced Metering Infrastructure Segmentation Analysis
4.2. Industrial Outlook
4.3. Regulatory Framework
4.4. Advanced Metering Infrastructure Market Impact Analysis

Continued…

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