Europe Advanced Metering Infrastructure Market

Advanced metering infrastructure (AMI) is an integrated system of smart meters, communications networks, and data management systems that allows utilities and consumers to communicate in two directions. The system provides a number of important functions that were not previously possible or had to be performed manually, such as the ability to automatically and remotely measure electricity use, connect & disconnect service, detect tampering, identify & isolate outages, and monitor voltage. Moreover, growing demand for smart meters from industrial sector is driving the market growth during the forecast period. In industrial sector, advanced metering is adopted for gaining insights into energy consumption pattern, which further enables the organization to generate accurate load profiles for better resource planning and for better time-based billing. In addition to this, growing end-use industries such as automotive, manufacturing, healthcare, banking, construction, and energy and gas is expected to create lucrative opportunity for smart metering infrastructure market players. For instance, according to The Oxford Institute for Energy Studies, the demand for natural gas in European countries was 564 Bcm in 2020, and it is expected to rise to 618 Bcm in 2030, which would create lucrative demand for smart meters for gas consumption monitoring.

Market Dynamics

The emergence of disruptive technologies is driving the market growth during the forecast period. Disruptive technologies such as IoT (Internet of Things) and connected household devices have created growth opportunities for companies operating in the advanced metering infrastructure market. Moreover, increasing integration of IoT with smart grid poses major growth potential for market players over the forecast period.

Furthermore, industry 4.0 is mainly focused on digitization of manufacturing factories across Europe. Digitization also includes the adoption of smart meters for monitoring electricity consumption of manufacturing factories through an online portal or mobile application. This monitoring is expected to help manufacturers manage and control their electricity consumption. This is expected to generate lucrative growth opportunities for players operating in this market.

Key features of the study:

• This report provides in-depth analysis of the Europe advanced metering infrastructure market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021– 2028), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading  market players
• It profiles leading players in the Europe advanced metering infrastructure market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study include Landis+Gyr, Itron Inc., Siemens AG, General Electric Co., IBM Corporation, Eaton Corporation, Aclara Technologies LLC, Elster Group GmbH, Schneider Electric SE, Gemalto, Cisco Systems, Inc., EDMI Limited, Diehl Stiftung & Co. KG, Apator SA, Flonidan A/S, and Sensirion AG
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• The Europe advanced metering infrastructure market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Europe advanced metering infrastructure market

Detailed Segmentation

• Europe Advanced Metering Infrastructure Market, By Component:
  • Hardware
    • Smart Meters
    • Communication Module
    • Others (IT Hardware, etc.)
  • Software
    • Meter Data Management (MDM)
    • Head End System (HES)
    • Meter Data Analytics
    • Others (AMI Security, etc.)
  • Services
    • System Integration
    • Meter Deployment
    • Others (AMI Consulting, etc.)
• Europe Advanced Metering Infrastructure Market, End User:
  • Residential
  • Commercial
  • Industrial
• Europe Advanced Metering Infrastructure Market, By Country:
  • Germany
  • U.K.
  • Italy
  • France
  • Spain
  • Russia
  • Rest of Europe
• Company Profiles
  • Landis+Gyr *
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/ Updates
  • Itron Inc.
  • Siemens AG
  • General Electric Co.
  • IBM Corporation
  • Eaton Corporation
  • Aclara Technologies LLC
  • Elster Group GmbH
  • Schneider Electric SE
  • Gemalto
  • Cisco Systems, Inc.
  • EDMI Limited
  • Diehl Stiftung & Co. KG
  • Apator SA
  • Flonidan A/S
  • Sensirion AG

 “*” marked represents similar segmentation in other categories in the respective section.