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  • To Be Published : Sep 2023
  • Code : CMI1388
  • Pages : N/A
  • Formats :
      Excel and PDF
  • Industry : Smart Technologies

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 demand for energy is one of the major factor driving growth of the 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. Moreover, increasing adoption of smart home technology in turn increases the utilization of smart devices, which are based on IOT. Hence, consumption of energy, which positively increase with digitization is expected to propel growth of the market.

Advanced Metering Infrastructure: Taxonomy

On the basis of meter type, the global advanced metering infrastructure market is segmented into:

  • Smart water meter
  • Smart gas meter
  • Smart electric meter

On the basis of solution, the global advanced metering infrastructure market is segmented into:

  • MDM(Meter Data Management)
  • Meter data analytics
  • AMI( Advanced Meter Infrastructure) Security
  • Meter Communication Infrastructure

On the basis of service, the global advanced metering infrastructure market is segmented into:

  • System integration
  • Meter deployment
  • Program management and consulting

On the basis of application, the global advanced metering infrastructure market is segmented into:

  • Residential Application
  • I&C(Instrument and Control System) Application

On the basis of regions, the global advanced metering infrastructure market is classified into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Global Advanced Metering Infrastructure Market: Regional Insights

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. For instance, in June 2018, Itron, American Technology Company, announced the launch of its new intelligent gas meter, Itron Intelis gas meter. The Itron Intelis gas meter can be operate in mobile mode and on the Itron OpenWay Riva and Gen5 IoT networks to deliver post-processing analytics and near real-time data. Therefore, IoT-based devices are fuelling growth of the global advance metering infrastructure market.

Global Advanced Metering Infrastructure Market: Key Players

Global advance metering infrastructure market is characterized by the consolidated presence of some of the key players in the industry which includes, IBM Corporation, General Electric, Itron, Inc. The major vendors covered in the global advance metering infrastructure market includes, Cisco Systems, Inc., IBM Corporation, General Electric, Schneider Electric SE, Itron, Inc., Clara Technologies, Elster Group GmbH, Sensus, Tieto Corporation, and Trilliant, Inc.

Global Advanced Metering Infrastructure Market: Key Developments

  • In January 2019, Union Minister of State (IC) for Power and New & Renewable Energy India, Shri RK Singh, announced the completion of the project to replace 50,000 conventional electricity meters with smart meters in the New Delhi Municipal Council (NDMC) area.
  • In August 2019, Jacobs Engineering Group Inc., American international technical professional services firm, has been appointed as the Advanced Metering Infrastructure (AMI) Specialist for PUB, Singapore's National Water Agency's Smart Water Meter Programme held in Singapore.
  • In June 2017, the US District of Columbia Water and Sewer Authority (DC Water) announced a partnership with Aclara Technologies, infrastructure solutions provider, to provide an advanced metering infrastructure (AMI) network.


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