Global Advanced Metering Infrastructure (AMI) Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
Description
Global Advanced Metering Infrastructure (AMI) Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
Advanced Metering Infrastructure, or Advanced Metering Infrastructure (AMI), refers to a network of communication hardware and software between smart meters and public enterprise systems, as well as related system and data management software, and has the capabilities to provide residential , the function of collecting and transmitting data information for commercial and industrial users. AMI is a complete network used to measure, collect, store, analyze and use user electricity information and consists of the three major components of AMI technology (i.e. smart meters, communication infrastructure, meter data management system). Its main functions are: improved customer service, power outage management, electricity theft monitoring, line loss monitoring, remote connection/disconnection of users, power quality management, load forecasting, remote change of metering parameters, remote upgrade of instrument firmware, and prepaid electricity purchase. , electricity price/event information notification, so AMI is a dynamic two-way circulation architecture between smart meters and power grid companies.
Market Overview:
The latest research study on the global Advanced Metering Infrastructure (AMI) market finds that the global Advanced Metering Infrastructure (AMI) market reached a value of USD 13517.0 million in 2023. It’s expected that the market will achieve USD 82.39 million by 2029, exhibiting a CAGR of -57.26% during the forecast period.
With the increasing pressure on global resources and environment, the continuous advancement of the power marketization process, and the continuous improvement of users' requirements for the reliability and quality of electric energy, the future power grid must be more adaptable to the needs of multiple energy types for power generation, and more adaptable to high altitudes. The needs of market-oriented electricity trading are more suitable for customers' independent choice needs. To this end, different countries and organizations have unanimously proposed the construction of smart grids that are flexible, clean, safe, economical, and friendly, and regard smart grids as the development direction of future power grids. AMI completes the collection and storage of data through two-way communication with underlying measurement equipment, smart meters and smart terminals. Through AMI's main station management system, it organizes the collected huge data and helps electricity users in the form of graphical reports. Carry out analysis and decision-making, and provide rational suggestions based on the use of electric energy.
Market opportunities and potential
The main problems existing in the current AMI system lie in the compatibility, reliability and management of the system. When industry users are looking for solutions, the IP (Internet Protocol) network architecture has all the potential to meet these requirements due to its inherent openness and reliability, and has become an important factor in building the next generation of advanced data. The natural choice for the network infrastructure of the measurement system. AMI is the solid foundation for realizing the informatization, digitization, automation, and interaction of smart grids. It is the technical guarantee for realizing safe, green, and user-friendly power transmission, supply, and usage modes. It is the key technology for realizing smart electricity use.
Security risks brought by AMI
As a key component of the smart grid, AMI effectively supports important links such as real-time interactive distributed energy generation and storage in the smart grid. The access to networks in AMI also makes smart grids face increasingly severe security risks. With the continuous development of cloud computing, Internet of Things and other technologies, the physical equipment of the power system is gradually integrated with the communication network, and the traditional power grid is constantly transforming into a smart grid. The smart grid deploys AMI on the entire power system to store and transmit power grid information such as power generation policies, real-time electricity prices, and fault detection to achieve two-way information interaction between power suppliers and consumers.
Region Overview:
From 2023-2028, China is estimated to witness robust growth prospects.
Company Overview:
Landis+Gyr
Landis+Gyr is a publicly listed multinational company with operations in more than 30 countries and its headquarters in Cham, Switzerland. Landis+Gyr manufactures instrumentation and related software for electric and gas companies. In fact, Landis+Gyr is a world leader in building smart metering systems that are critical to reducing costs and improving efficiency. Leveraging its advanced metering infrastructure and other cutting-edge smart grid technologies, Landis+Gyr helps utilities around the world improve operations, protect assets, reduce operating costs and provide better customer service.
Itron
Itron is an American technology company that provides products and services for energy and water management. The company's products are used to measure and analyze electricity, natural gas and water consumption. Its products include electricity, gas, water and thermal energy measurement equipment and control technology, communications systems, software and management and consulting services.
Landis+Gyr Enterprises is one of the major players in the market, holding 10.61% market share in 2023.
Segmentation Overview:
By type, the smart meters segment held the largest market share in 2023.
Application Overview:
By application, the residential application market held the largest market share in 2023.
Key Companies in the global Advanced Metering Infrastructure (AMI) market covered in Chapter 3:
Eaton
EDMI
Kelu Electronics
GE
DNV
Schneider
Samsung Healthcare
Lin Yang
Honeywell Elster
Trilliant
Wasion
Itron
Aclara
Cisco
Sensus
Sagemcom
Landis+Gyr
Haixing
In Chapter 4 and Chapter 14.2, on the basis of types, the Advanced Metering Infrastructure (AMI) market from 2019 to 2030 is primarily split into:
Meter Data Management Systems (MDMS)
Communications Infrastructure
Smart Meter
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Advanced Metering Infrastructure (AMI) market from 2019 to 2030 covers:
Residential
Commercial
Industrial
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Advanced Metering Infrastructure, or Advanced Metering Infrastructure (AMI), refers to a network of communication hardware and software between smart meters and public enterprise systems, as well as related system and data management software, and has the capabilities to provide residential , the function of collecting and transmitting data information for commercial and industrial users. AMI is a complete network used to measure, collect, store, analyze and use user electricity information and consists of the three major components of AMI technology (i.e. smart meters, communication infrastructure, meter data management system). Its main functions are: improved customer service, power outage management, electricity theft monitoring, line loss monitoring, remote connection/disconnection of users, power quality management, load forecasting, remote change of metering parameters, remote upgrade of instrument firmware, and prepaid electricity purchase. , electricity price/event information notification, so AMI is a dynamic two-way circulation architecture between smart meters and power grid companies.
Market Overview:
The latest research study on the global Advanced Metering Infrastructure (AMI) market finds that the global Advanced Metering Infrastructure (AMI) market reached a value of USD 13517.0 million in 2023. It’s expected that the market will achieve USD 82.39 million by 2029, exhibiting a CAGR of -57.26% during the forecast period.
With the increasing pressure on global resources and environment, the continuous advancement of the power marketization process, and the continuous improvement of users' requirements for the reliability and quality of electric energy, the future power grid must be more adaptable to the needs of multiple energy types for power generation, and more adaptable to high altitudes. The needs of market-oriented electricity trading are more suitable for customers' independent choice needs. To this end, different countries and organizations have unanimously proposed the construction of smart grids that are flexible, clean, safe, economical, and friendly, and regard smart grids as the development direction of future power grids. AMI completes the collection and storage of data through two-way communication with underlying measurement equipment, smart meters and smart terminals. Through AMI's main station management system, it organizes the collected huge data and helps electricity users in the form of graphical reports. Carry out analysis and decision-making, and provide rational suggestions based on the use of electric energy.
Market opportunities and potential
The main problems existing in the current AMI system lie in the compatibility, reliability and management of the system. When industry users are looking for solutions, the IP (Internet Protocol) network architecture has all the potential to meet these requirements due to its inherent openness and reliability, and has become an important factor in building the next generation of advanced data. The natural choice for the network infrastructure of the measurement system. AMI is the solid foundation for realizing the informatization, digitization, automation, and interaction of smart grids. It is the technical guarantee for realizing safe, green, and user-friendly power transmission, supply, and usage modes. It is the key technology for realizing smart electricity use.
Security risks brought by AMI
As a key component of the smart grid, AMI effectively supports important links such as real-time interactive distributed energy generation and storage in the smart grid. The access to networks in AMI also makes smart grids face increasingly severe security risks. With the continuous development of cloud computing, Internet of Things and other technologies, the physical equipment of the power system is gradually integrated with the communication network, and the traditional power grid is constantly transforming into a smart grid. The smart grid deploys AMI on the entire power system to store and transmit power grid information such as power generation policies, real-time electricity prices, and fault detection to achieve two-way information interaction between power suppliers and consumers.
Region Overview:
From 2023-2028, China is estimated to witness robust growth prospects.
Company Overview:
Landis+Gyr
Landis+Gyr is a publicly listed multinational company with operations in more than 30 countries and its headquarters in Cham, Switzerland. Landis+Gyr manufactures instrumentation and related software for electric and gas companies. In fact, Landis+Gyr is a world leader in building smart metering systems that are critical to reducing costs and improving efficiency. Leveraging its advanced metering infrastructure and other cutting-edge smart grid technologies, Landis+Gyr helps utilities around the world improve operations, protect assets, reduce operating costs and provide better customer service.
Itron
Itron is an American technology company that provides products and services for energy and water management. The company's products are used to measure and analyze electricity, natural gas and water consumption. Its products include electricity, gas, water and thermal energy measurement equipment and control technology, communications systems, software and management and consulting services.
Landis+Gyr Enterprises is one of the major players in the market, holding 10.61% market share in 2023.
Segmentation Overview:
By type, the smart meters segment held the largest market share in 2023.
Application Overview:
By application, the residential application market held the largest market share in 2023.
Key Companies in the global Advanced Metering Infrastructure (AMI) market covered in Chapter 3:
Eaton
EDMI
Kelu Electronics
GE
DNV
Schneider
Samsung Healthcare
Lin Yang
Honeywell Elster
Trilliant
Wasion
Itron
Aclara
Cisco
Sensus
Sagemcom
Landis+Gyr
Haixing
In Chapter 4 and Chapter 14.2, on the basis of types, the Advanced Metering Infrastructure (AMI) market from 2019 to 2030 is primarily split into:
Meter Data Management Systems (MDMS)
Communications Infrastructure
Smart Meter
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Advanced Metering Infrastructure (AMI) market from 2019 to 2030 covers:
Residential
Commercial
Industrial
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Table of Contents
98 Pages
- Chapter 1 Market Definition and Statistical Scope
- Chapter 2 Research Findings and Conclusion
- Chapter 3 Key Companies’ Profile
- Chapter 4 Global Advanced Metering Infrastructure (AMI) Market Segmented by Type
- Chapter 5 Global Advanced Metering Infrastructure (AMI) Market Segmented by Downstream Industry
- Chapter 6 Advanced Metering Infrastructure (AMI) Industry Chain Analysis
- Chapter 7 The Development and Dynamics of Advanced Metering Infrastructure (AMI) Market
- Chapter 8 Global Advanced Metering Infrastructure (AMI) Market Segmented by Geography
- Chapter 9 North America
- Chapter 10 Europe
- Chapter 11 Asia Pacific
- Chapter 12 Latin America
- Chapter 13 Middle East & Africa
- Chapter 14 Global Advanced Metering Infrastructure (AMI) Market Forecast by Geography, Type, and Downstream Industry 2024-2030
- Chapter 15 Appendix
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