Global Advanced Metering Infrastructure (AMI) Market to Reach $12.5 Billion by 2026

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Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies - Strong/Active/Niche/Trivial.

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Global Advanced Metering Infrastructure (AMI) Market to Reach $12.5 Billion by 2026

The principal objective of AMIs is to monitor and manage the utilization of energy resources. AMI enhances existing AMR (advanced meter reading) technology by enabling bi-directional meter communication which facilitates automatic real-time data collection, as well as bi-directional information transmission throughout the grid. The popularity of AMI till date has been guided by the demand for power, particularly from emerging economies, constantly changing energy policies all over the world, rapid technological developments in the power generation equipment sector, rapidly exhausting non-renewable resources, requirement for efficient utility solutions which adhere to regulatory mandates. The installation of AMI-integrated meters in smart grids for new housing starts and infrastructure projects bodes well for the growth of the AMI in the long run. The use of AMI in utility architectures significantly reduces total operating expenses through effective load management, reliability and two-way communication. The reduced operational costs thus translate into additional revenues and improved asset utilization. AMI also helps reduce the carbon foot-print of power plants and other utility stations by promoting energy conservation programs and enhanced outage management services. From the vendor`s side, there is increasing focus on standardization in terms of smart meters design and manufacture to comply with various government regulations worldwide.

Amid the COVID-19 crisis, the global market for Advanced Metering Infrastructure (AMI) estimated at US$7.3 Billion in the year 2020, is projected to reach a revised size of US$12.5 Billion by 2026, growing at a CAGR of 9.5% over the analysis period. Smart Gas Meters, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$2.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smart Electric Meters segment is readjusted to a revised 9.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.2 Billion in 2021, While China is Forecast to Reach $4.7 Billion by 2026

Advanced Metering Infrastructure (AMI) market in the U.S. is estimated at US$1.2 Billion in the year 2021. China is forecast to reach a projected market size of US$4.7 Billion by the year 2026 trailing a CAGR of 11.0% over the analysis period. Among the other noteworthy geographic markets are Canada, Japan and Europe, each forecast to grow at 7.1% 6.3% and 7.3% respectively over the analysis period. The establishment of new power plants, refurbishment of existing power generation facilities, and the migration to energy-efficient models will drive growth of AMI, particularly smart meters. Liberalization and privatization of the electricity generation sector in several countries across the globe is another factor positively influencing demand for AMI. Ever growing energy needs offer a stable and secure business case for advanced metering systems worldwide. The launch of dynamic pricing programmes and demand response services is prompting utility providers to conserve non-renewable resources and decrease or shift utility consumption towards non-peak hours. AMI is useful for all participants of the supply chain including utility companies which gain from stable load levels on the grid without the need to expand production capacity through heavy investments. On the other hand, end-users including industrial and residential consumers benefit through lower bills and increased efficiency. In addition, the information provided by AMI technology facilitates the optimization of business operations, maintenance, system engineering as well as customer service operations.

Smart Electric Meters Segment to Reach $7.7 Billion by 2026

In the global Smart Electric Meters Segment, USA, Japan, China, and Europe will drive the 9.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.1 Billion in the year 2020 will reach a projected size of US$5.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets and is forecast to reach US$2.8 Billion by the year 2026.
Select Competitors (Total 96 Featured) -

• Aclara Technologies LLC

• Cisco Systems, Inc.

• Eaton Corporation plc

• Elster Group GmbH

• General Electric

• IBM Corporation

• Itron, Inc.

• Landis+Gyr AG

• Schneider Electric SE

• Sensus

• Siemens AG

• Trilliant Holdings Inc

Read the full report: https://www.reportlinker.com/p03101164/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Advanced Metering Infrastructure (AMI) - Global Key Competitors
Percentage Market Share in 2022 (E)
Why Now is the Time for Smart Meters in a World Where Energy is
the Building Block for Socio Economic Development
As 2020 Draws to a Close, It Has Been a Year of Astounding
Disruption & Unbelievable Transformation
COVID-19 Leaves the World in Shambles & Industries and Markets
Upended: World Economic Growth Projections (Real GDP, Annual %
Change) for 2019, 2020 & 2021
COVID-19 Induced Financial Crisis Aggravates an Already Large
Global Infrastructure Spending Gap: Government Smart Meter
Programs Weaken in 2020
U.S. Government Budget Deficits (In US$ Billion)
Cumulative Global Infrastructure Spending Gap 2018-2040 (In US$
Billion)
Among the Many Industries Derailed by the Pandemic Is the
Energy Industry. Energy Infrastructure Investments Take a
Direct Blow
% Change in Electricity Consumption April 2019 vs 2020
Tale: % Share of Energy Use Impacted by Lockdowns
Advanced Metering Infrastructure (AMI) Explained
Recent Market Activity
World Brands
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Post COVID-19 Market Outlook
While Year 2020 Will Remain an Anomaly, the World’s Energy
Needs Will Continue to Rise
Supplying Cost-Effective, Reliable Electricity Will Always Be a
Priority for Utilities, Making Smart Meters a Valuable
Investment: Projected Global Demand for Electricity (MWh) for
Years 2025, 2030 & 2035
Post COVID-19 Focus on the Environment Will Throw the Spotlight
on the Eco-Friendly Benefits Offered by Smart Meters
Here’s Why the Environment & Sustainability Will be Top
Priorities After the Pandemic
How Smart Meters Can Reduce the Carbon Footprint?
Persistent Power Quality Issues Drive the Importance of AMI in
Outage Management Systems & Service Restoration
Average Number of Power Outages in Firms Per Month, Worldwide
by Region: 2019
Cost of Load Failures Due to Power Disruptions/Outages in US$
Per Hour by Select Commercial Activity
Value Lost Due to Electrical Outages as a Percentage (%) of
Sales of Affected Firms
Energy Theft Losses Reinforces the Need for Efficient AMI
Rise of Smart Cities & Smart Grids Are Two Key Trends With the
Potential to Drive Revenues Opportunities for AMI
COVID-19 Highlights the Value of Smart Cities During Times of
Crisis
Global Smart Cities Opportunity (In US$ Billion) for Years
2021, 2024, 2027
Smart Grid: A Critical Part of Energy Infrastructure in Smart
Cities & a Revenue Source for AMI
Global Smart Grid Market Opportunity (In US$ Billion) for Years
2021, 2023 & 2024
Growing Global Interest in Demand Response (DR) Drives Focus on
AMI As a Key Enabler
Big Data & Data Analytics Imperative for Finding Value in
Advanced Metering Infrastructure
COVID-19 Accelerates Digital Transformation & Kick-Starts
Utilities’ Digital Efforts into High Gear
COVID-19 Has Created an Environment Where Digital
Transformation Equals Survival: Global Digital Transformation
Spending (In US$ Billion) for Years 2017 Through 2023
A Deeper Analysis of How AMI Meter Data Will Benefit From the
Power of Big Data and Data Analytics
IoT, Blockchain & AI Play Key Roles in Advancing the Efficiency
of AMI
Growing Prominence of IoT in Energy Industry Highlights the
Potential for IoT-Based AMI Solutions: Global IoT in Energy
Market (In US$ Billion) for the Years 2019, 2021, 2023, 2025 &
2026
Cloud Computing Transforms Smart Metering Market
Increasing Integration of Cellular Technology in Smart Meters
Impact of 5G Connectivity on AMI
5G’s Contribution to Global GDP (In US$ Trillion) for Years
2020, 2025 & 2030
Growing Focus On Water Management Efficiency Against the
Backdrop of Worsening Water Shortages Benefits Adoption of
Smart Water Meters
What Barriers Impact Successful Deployment of AMI?

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for
Advanced Metering Infrastructure (AMI) by Geographic Region -
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets - Independent Analysis of Annual Revenues in US$
Million for Years 2020 through 2027 and % CAGR

Table 2: World 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Geographic Region - Percentage
Breakdown of Value Revenues for USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets for Years 2021 &
2027

Table 3: World Recent Past, Current & Future Analysis for Smart
Gas Meters by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR

Table 4: World 7-Year Perspective for Smart Gas Meters by
Geographic Region - Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 5: World Recent Past, Current & Future Analysis for Smart
Water Meters by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR

Table 6: World 7-Year Perspective for Smart Water Meters by
Geographic Region - Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 7: World Recent Past, Current & Future Analysis for Smart
Electric Meters by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Revenues in US$ Million for
Years 2020 through 2027 and % CAGR

Table 8: World 7-Year Perspective for Smart Electric Meters by
Geographic Region - Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

III. MARKET ANALYSIS

UNITED STATES
Advanced Metering Infrastructure (AMI) Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in the United
States for 2022 (E)
Table 9: USA Recent Past, Current & Future Analysis for
Advanced Metering Infrastructure (AMI) by Device - Smart Gas
Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 10: USA 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Device - Percentage Breakdown of Value
Revenues for Smart Gas Meters, Smart Water Meters and Smart
Electric Meters for the Years 2021 & 2027

CANADA
Table 11: Canada Recent Past, Current & Future Analysis for
Advanced Metering Infrastructure (AMI) by Device - Smart Gas
Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 12: Canada 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Device - Percentage Breakdown of Value
Revenues for Smart Gas Meters, Smart Water Meters and Smart
Electric Meters for the Years 2021 & 2027

JAPAN
Advanced Metering Infrastructure (AMI) Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Japan for
2022 (E)
Table 13: Japan Recent Past, Current & Future Analysis for
Advanced Metering Infrastructure (AMI) by Device - Smart Gas
Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 14: Japan 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Device - Percentage Breakdown of Value
Revenues for Smart Gas Meters, Smart Water Meters and Smart
Electric Meters for the Years 2021 & 2027

CHINA
Advanced Metering Infrastructure (AMI) Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in China for
2022 (E)
Table 15: China Recent Past, Current & Future Analysis for
Advanced Metering Infrastructure (AMI) by Device - Smart Gas
Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 16: China 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Device - Percentage Breakdown of Value
Revenues for Smart Gas Meters, Smart Water Meters and Smart
Electric Meters for the Years 2021 & 2027

EUROPE
Advanced Metering Infrastructure (AMI) Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Europe for
2022 (E)
Table 17: Europe Recent Past, Current & Future Analysis for
Advanced Metering Infrastructure (AMI) by Geographic Region -
France, Italy, UK and Rest of Europe Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR

Table 18: Europe 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Geographic Region - Percentage
Breakdown of Value Revenues for France, Italy, UK and Rest of
Europe Markets for Years 2021 & 2027

Table 19: Europe Recent Past, Current & Future Analysis for
Advanced Metering Infrastructure (AMI) by Device - Smart Gas
Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 20: Europe 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Device - Percentage Breakdown of Value
Revenues for Smart Gas Meters, Smart Water Meters and Smart
Electric Meters for the Years 2021 & 2027

FRANCE
Advanced Metering Infrastructure (AMI) Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in France for
2022 (E)
Table 21: France Recent Past, Current & Future Analysis for
Advanced Metering Infrastructure (AMI) by Device - Smart Gas
Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 22: France 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Device - Percentage Breakdown of Value
Revenues for Smart Gas Meters, Smart Water Meters and Smart
Electric Meters for the Years 2021 & 2027

ITALY
Table 23: Italy Recent Past, Current & Future Analysis for
Advanced Metering Infrastructure (AMI) by Device - Smart Gas
Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 24: Italy 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Device - Percentage Breakdown of Value
Revenues for Smart Gas Meters, Smart Water Meters and Smart
Electric Meters for the Years 2021 & 2027

UNITED KINGDOM
Advanced Metering Infrastructure (AMI) Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in the United
Kingdom for 2022 (E)
Table 25: UK Recent Past, Current & Future Analysis for
Advanced Metering Infrastructure (AMI) by Device - Smart Gas
Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 26: UK 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Device - Percentage Breakdown of Value
Revenues for Smart Gas Meters, Smart Water Meters and Smart
Electric Meters for the Years 2021 & 2027

REST OF EUROPE
Table 27: Rest of Europe Recent Past, Current & Future Analysis
for Advanced Metering Infrastructure (AMI) by Device - Smart
Gas Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 28: Rest of Europe 7-Year Perspective for Advanced
Metering Infrastructure (AMI) by Device - Percentage Breakdown
of Value Revenues for Smart Gas Meters, Smart Water Meters and
Smart Electric Meters for the Years 2021 & 2027

ASIA-PACIFIC
Advanced Metering Infrastructure (AMI) Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific
for 2022 (E)
Table 29: Asia-Pacific Recent Past, Current & Future Analysis
for Advanced Metering Infrastructure (AMI) by Device - Smart
Gas Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 30: Asia-Pacific 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Device - Percentage Breakdown of Value
Revenues for Smart Gas Meters, Smart Water Meters and Smart
Electric Meters for the Years 2021 & 2027

REST OF WORLD
Table 31: Rest of World Recent Past, Current & Future Analysis
for Advanced Metering Infrastructure (AMI) by Device - Smart
Gas Meters, Smart Water Meters and Smart Electric Meters -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 32: Rest of World 7-Year Perspective for Advanced
Metering Infrastructure (AMI) by Device - Percentage Breakdown
of Value Revenues for Smart Gas Meters, Smart Water Meters and
Smart Electric Meters for the Years 2021 & 2027

IV. COMPETITION
Total Companies Profiled: 96
Read the full report: https://www.reportlinker.com/p03101164/?utm_source=GNW

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