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Advanced Metering Infrastructure (AMI) - Global Strategic Business Report

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    Report

  • 570 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3301152

Global Advanced Metering Infrastructure (AMI) Market to Reach $18.7 Billion by 2030

The global market for Advanced Metering Infrastructure (AMI) estimated at US$9.3 Billion in the year 2023, is projected to reach a revised size of US$18.7 Billion by 2030, growing at a CAGR of 9.1% over the analysis period 2023-2030.

Smart Gas Meters, one of the segments analyzed in the report, is projected to record 7.5% CAGR and reach US$3.3 Billion by the end of the analysis period. Growth in the Smart Water Meters segment is estimated at 10.1% CAGR for the next 8-year period.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 96 Featured)

  • Siemens AG
  • Toshiba Corporation
  • Schneider Electric SE
  • Silicon Laboratories, Inc.
  • Itron, Inc.
  • Trilliant Holdings, Inc.
  • Elster Group GmbH
  • Toshiba Transmission & Distribution Systems Asia Sdn. Bhd.
  • Networked Energy Services (NES) Corporation
  • Amplex Denmark
  • AusNet Services Group
  • CAS Tecnologia
  • Mueller Water Products, Inc.
  • Korea Electric Power Corporation (KEPCO)
  • Sanchuan Wisdom Technology Co., Ltd.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Advanced Metering Infrastructure (AMI) - Global Key Competitors Percentage Market Share in 2023 (E)
  • Why Now is the Time for Smart Meters in a World Where Energy is the Building Block for Socio Economic Development
  • Advanced Metering Infrastructure (AMI) Explained
  • Recent Market Activity
  • World Brands
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Post COVID-19 Market Outlook
  • 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
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • 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 2023 through 2030 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 2024 & 2030
  • Table 9: World Advanced Metering Infrastructure (AMI) Market Analysis of Annual Sales in US$ Million for Years 2020 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Advanced Metering Infrastructure (AMI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 10: 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 2023 through 2030 and % CAGR
  • Table 11: 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 2024 & 2030
CANADA
  • Table 12: 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 2023 through 2030 and % CAGR
  • Table 13: 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 2024 & 2030
JAPAN
  • Advanced Metering Infrastructure (AMI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 14: 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 2023 through 2030 and % CAGR
  • Table 15: 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 2024 & 2030
CHINA
  • Advanced Metering Infrastructure (AMI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 16: 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 2023 through 2030 and % CAGR
  • Table 17: 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 2024 & 2030
EUROPE
  • Advanced Metering Infrastructure (AMI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 18: 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 2023 through 2030 and % CAGR
  • Table 19: 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 2024 & 2030
  • Table 20: 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 2023 through 2030 and % CAGR
  • Table 21: 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 2024 & 2030
FRANCE
  • Advanced Metering Infrastructure (AMI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 22: 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 2023 through 2030 and % CAGR
  • Table 23: 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 2024 & 2030
ITALY
  • Table 24: 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 2023 through 2030 and % CAGR
  • Table 25: 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 2024 & 2030
UNITED KINGDOM
  • Advanced Metering Infrastructure (AMI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 26: 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 2023 through 2030 and % CAGR
  • Table 27: 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 2024 & 2030
REST OF EUROPE
  • Table 28: 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 2023 through 2030 and % CAGR
  • Table 29: 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 2024 & 2030
ASIA-PACIFIC
  • Advanced Metering Infrastructure (AMI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 30: 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 2023 through 2030 and % CAGR
  • Table 31: 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 2024 & 2030
REST OF WORLD
  • Table 32: 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 2023 through 2030 and % CAGR
  • Table 33: 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 2024 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Siemens AG
  • Toshiba Corporation
  • Schneider Electric SE
  • Silicon Laboratories, Inc.
  • Itron, Inc.
  • Trilliant Holdings, Inc.
  • Elster Group GmbH
  • Toshiba Transmission & Distribution Systems Asia Sdn. Bhd.
  • Networked Energy Services (NES) Corporation
  • Amplex Denmark
  • AusNet Services Group
  • CAS Tecnologia
  • Mueller Water Products, Inc.
  • Korea Electric Power Corporation (KEPCO)
  • Sanchuan Wisdom Technology Co., Ltd.

Table Information