Advanced Metering Infrastructure Market, One of the Smart Grid solutions that enables two-way communication between service providers and customers is called Advanced Metering Infrastructure (AMI). Smart metros installed in a variety of sectors, including residential, commercial, and industrial, are used by this system to collect data. These systems assist in reducing energy waste and cost control. This element is anticipated to have a favorable effect on the market for advanced infrastructure metering.
Over the forecast period, the market for advanced metering infrastructure is anticipated to expand significantly. With the addition of AMI technologies to the current system, smart grid optimization has significantly advanced. Initiatives to modernize the grid, the need for energy conservation, and the implementation of regulatory requirements are some of the things that are anticipated to have a positive effect on the market. Text messaging, calculating external profiles, disconnecting and reconnecting, miter reading procedures, and exchanging technical master data are all task areas handled by AMI enterprise services. Along with enhanced non-technical loss identification, decreased operational costs, and increased customer engagement activities, it also enhances two-way communication. Over the projected period, it is anticipated that utilizing two-way radio frequency (RF) networks with top-notch services will promote green technologies.
The sector for advanced metering infrastructure has grown in breadth as a result of the advent of disruptive technologies like IoT and linked devices. The growth of networked devices, including home gateways, smart metros, and smart plugs, has led to the development of creative methods for managing and anticipating energy use. The sector for enhanced metering infrastructure is anticipated to see tremendous potential as a result of the IoT and smart grid’s growing convergence. The current system’s ability to optimism the smart grid has significantly improved with the addition of AMI technology. Additionally, the industry is projected to benefit from grid modernization initiatives, rising energy-saving demand, and the fulfilment of regulatory duties.
The term advanced metering infrastructure (AMI) refers to the entire system, including the smart miter and the network set up for two-way communication, which governs all the applications that facilitate the collection and transfer of energy usage data in close to real-time. By offering real-time information on power usage, it enhances miter reading accuracy, energy theft detection, response to power outages, and reduces the need for on-site miter reading. The demand for AMI is being driven by growing government initiatives for digitization in the energy sector. For instance, Senses, a public service supplier for utilities to cities, was chosen by The City of Philadelphia Water Department (PWD) to deliver smart water technology for its metering and customer care programmed.
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Segmentations:
Global Advanced Metering Infrastructure Market: Major Players
Sensus
Kamstrup
Siemens
Itron GmbH
Elster Group
Landis+Gyr
Global Advanced Metering Infrastructure Market: Types
Water
Gas
Electricity
Global Advanced Metering Infrastructure: Applications
Residential
Commercial
Industrial
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The Advanced Metering Infrastructure by Device type, which is divided into Smart Gas Meters, Smart Water Meters, and Smart Electric Meters, is covered in detail in this study. The report’s scope includes programmed management, system integration, miter deployment, and consultancy. The segment solution type was divided into advanced metering infrastructure security, miter data management, and miter data analytics. The Advanced Metering Infrastructure is further divided into regional markets by countries.
Smart meter’s, communications networks, and data management systems are all part of the advanced metering infrastructure (AMI), which allows for two-way communication between customers and service providers. This system uses smart meter’s that have been installed in homes, businesses, and industries to maintain data. It aids in cost management and reducing energy waste.
Key Points:
- Define, describe and forecast Advanced Metering Infrastructure product market by type, application, end user and region.
- Provide enterprise external environment analysis and PEST analysis.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide market dynamic analysis, including market driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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