Global Advanced Metering Infrastructure Market | Qualitative Analysis And Key Manufacturers IBM, General Electric, Schneider Electric SE, Itron

Advanced Metering Infrastructure (AMI) is one of the Smart Grid tools that allows two-way communication between services provider and customers. This system obtains data with help of smart meter installed in various sectors such as residential, commercial business, and industries. These system help with cost controlling and minimizing the wastage of energy. This factor is expected to positively impact the growth advanced infrastructure metering market.

Increasing trend of digitalization is responsible for increasing the demand of energy consumption. According to the Energy Information Administration's (EIA), world energy consumption is estimated to grow by 28% between 2015 and 2040. Growing population and economic development are factors responsible for increasing demand of the energy.

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The main key players in the industry are-
IBM Corporation, General Electric, Schneider Electric SE, Itron, Inc., Clara Technologies, Elster Group GmbH, Sensus, Tieto Corporation, and Trilliant, Inc.

Can the country of specific interest be added?
Currently, the research report pays particular attention to the following regions:
North America (United States, Canada, Mexico), Europe (Germany, United Kingdom, France, Italy, Russia, Spain, etc.), South America (Brazil, Argentina, etc.) and Middle East and Africa (Saudi Arabia, South Africa, etc.)

Can we add or profile a new company according to our needs?
Yes, we can add or profile a new company according to customer needs in the report. Final confirmation should be provided by the research team depending on the difficulty of the investigation.
** The availability of data will be confirmed by research in the case of a private company. Up to 3 players can be added at no additional cost.

On the basis of region, the global advance metering infrastructure market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. The North America held the dominant position in the market in 2017 and is projected to retain its dominance throughout the forecast period. The U.S. is anticipated to hold highest market share, followed by Canada throughout the forecast period.
According to Coherent Market Insights analysis, the yearly shipments of smart electricity meters in North America will grow from 8.8 million units in 2018 to 19.9 million units in 2024. Moreover, the growth in number of the IoT-based devices in various verticals such as electricity, water, and gas are the another major factors expected to boost the growth of the global advance metering infrastructure market. A major trend observed in these countries of the region is installing smart water meters, which helps consumers to improve management of water consumption through access of real-time usage data.

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