Market Research Future published a research report on “Advanced Metering Infrastructure Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Pune, India -- (SBWire) -- 04/27/2018 --Market Highlights

The global advanced metering infrastructure market is spanned across the Americas, Europe, Asia Pacific, and the Rest of world. North America dominates the advanced metering infrastructure market is due to the growing installation of smart meter in smart city project. On November 9, 2015, Aclara Technologies LLC signed an agreement to acquire GE Energy Management's Grid Solutions subdivision. With this acquisition, the company is aiming toward smart infrastructure solutions by modifying the number of benefits to networks that perform automated metering and to enhance their electric utilities across the world.

The North American region is experiencing a higher demand due to its increasing prominence of smart water networks which is propelling the demand of Advanced Metering Infrastructure Market. The prominent companies such Cisco Systems, Inc. (U.S.), International Business Machines Corporation (U.S.), General Electric (U.S.), Trilliant, Inc. (U.S.), Silver Spring Networks (U.S.), Siemens AG (Germany), Cooper Industries (U.S.) are providing advanced metering infrastructure solutions in the market. These major players are investing in offering of advanced metering infrastructure solution across the world.

The global advanced metering infrastructure market is expected to reach USD ~ 9 billion at a CAGR of over 14% by the end of the forecast period.

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Segmentation of Advanced Metering Infrastructure Market:

The global advanced metering infrastructure market is segmented into device type, service, system, and region. The device type is segmented into smart electric meters, smart water meters, smart gas meters, and advanced communication modules and others. The service segment is sub-segmented into system integration, meter deployment, AMI management, AMI consulting and others. The system segment is sub-segmented into meter data analytics, meter data management, communication infrastructure and AMI security and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.

Regional Analysis

The regional analysis of advanced metering infrastructure market is studied for regions namely Asia Pacific (China, Japan, and India), North America (the U.S., Mexico, and Canada), Europe (the U.K, Germany) and the Rest of the World. North America is one of the leading regions of the world in terms of market share. The advanced metering infrastructure market in this region has a huge demand due to the increasing adoption of smart grid technology, which is propelling the market growth to a large extent. The advanced metering infrastructure market in Europe is expected to witness rapid growth in the forthcoming period. Whereas, Asia Pacific countries such as China, Japan, and India is an emerging advanced metering infrastructure market, which is expected to grow at the highest CAGR in the coming years.

Key Players:

Some of the prominent players in the global advanced metering infrastructure market Cisco Systems, Inc. (U.S.), International Business Machines Corporation (U.S.), General Electric (U.S.), Schneider Electric SE (France), Itron, Inc. (U.S.), Aclara Technologies LLC (U.S.), Elster Group GmbH (Germany), Sensus (U.S.), Tieto Corporation (Finland), Trilliant, Inc. (U.S.), Silver Spring Networks (U.S.), Siemens AG (Germany), Cooper Industries (U.S.) among others.

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Intended Audience

- Advanced metering infrastructure companies
- Advanced metering infrastructure providers
- Technical universities
- System integrators
- Managed Security Service Providers
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators

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