The global Advanced Metering Infrastructure Market is forecasted to be worth USD 24.68 Billion by 2027, according to a new report by Emergen Research. The growing industrialization, urbanization, and population growth are expected to drive the advanced meter infrastructure market growth during the forecast period. The rising demand for smart cities and smart grid projects is also anticipated to boost the market growth shortly.
However, the lack of government spending on infrastructure installations and lack of inter-operability standards in different regions are expected to hinder the market growth during the forecast timeframe.
The report provides detailed insights into Advanced Metering Infrastructure market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Advanced Metering Infrastructure market size over the forecast period, 2020–2028. The report includes profiles of major Advanced Metering Infrastructure players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Advanced Metering Infrastructure market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.
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Global Advanced Metering Infrastructure market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Advanced Metering Infrastructure market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Advanced Metering Infrastructure market.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Advanced Metering Infrastructure market share contribution of these countries. In addition, Advanced Metering Infrastructure market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Key Highlights From The Report
- In May 2018, A contract to form a joint venture to acquire Acumen from Australia's largest energy supplier, Origin Energy Limited, was announced by Landis+Gyr and Pacific Equity Partners. The merged company is poised to deploy a significant proportion of the projected 8 million smart meters to be deployed across Western Australia, and South Australia by the acquisition of the Acumen business.
- This is expected that the smart electric meter segment will dominate the market over the forecast timeframe. Supported by government spending and appropriate water meter regulations, the smart water meter segment is expected to grow with a CAGR of 15.7% during the forecast period.
- In the advanced metering infrastructure market, the system integration segment is expected to hold the largest market due to features such as enhanced real-time monitoring, service reliability, important data collection, cost benefits, and better control and analysis.
Top key vendors in Advanced Metering Infrastructure Market include are:
- IBM Corporation,
- General Electric,
- Schneider Electric SE,
- Elster Group Gmbh,
- Cisco Systems
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
On the basis of product, this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into
- Smart Gas Meter
- Smart Electric Meter
- Smart Water Meter
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In terms of Advanced Metering Infrastructure market share and revenue contribution to the global Advanced Metering Infrastructure market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Advanced Metering Infrastructure market share.
The market intelligence report on the Advanced Metering Infrastructure Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Advanced Metering Infrastructure industry
North America Advanced Metering Infrastructure market revenue growth was relatively higher than that of other regional markets in 2020. North America Advanced Metering Infrastructure market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.
Asia Pacific Advanced Metering Infrastructure market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Advanced Metering Infrastructure market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Advanced Metering Infrastructure market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.
Europe Advanced Metering Infrastructure market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting [email protected] https://www.emergenresearch.com/request-for-customization/163
The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Advanced Metering Infrastructure industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Advanced Metering Infrastructure market across different regions?
- Who are the major driving forces expected to decide the fate of the Advanced Metering Infrastructure industry worldwide?
- Who are the prominent market players making a mark in the Advanced Metering Infrastructure market with their winning strategies?
- Which Advanced Metering Infrastructure industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Advanced Metering Infrastructure market?
Table of Content
Chapter 1. Methodology Sources
1.1. Advanced Metering Infrastructure Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Advanced Metering Infrastructure Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Advanced Metering Infrastructure Market Segmentation Impact Analysis
4.1. Advanced Metering Infrastructure Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Advanced Metering Infrastructure Market indicators analysis
4.2.2. Advanced Metering Infrastructure Market drivers analysis
188.8.131.52. Rapid urbanization and industrialization
184.108.40.206. Stringent government regulations regarding carbon emissions
220.127.116.11. Increasing prevalence of respiratory diseases
18.104.22.168. Rising need to enhance indoor air quality
4.2.3. Advanced Metering Infrastructure Market restraints analysis
22.214.171.124. High cost associated with the maintenance of Advanced Metering Infrastructure products
126.96.36.199. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Advanced Metering Infrastructure Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
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