Advanced Metering Infrastructure (AMI) Market
Advanced Metering Infrastructure (AMI) Market Study by Smart Gas Meters, Smart Water Meters, and Smart Electric Meters for Residential, Commercial, and Industrial Use from 2024 to 2034
Analysis of Advanced Metering Infrastructure (AMI) Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Advanced Metering Infrastructure (AMI) Market Outlook (2024 to 2034)
The global advanced metering infrastructure (AMI) market is projected to increase from a valuation of US$ 21.46 billion in 2024 to US$ 54.66 billion by the end of 2034. The market has been analyzed to expand at a CAGR of 9.8% from 2024 to 2034.
Global uptake of smart water meters is driven by increasing demand for precise billing solutions in residential areas, which is fueling market growth. This trend is bolstered by extensive freshwater conservation initiatives launched by NGOs and governments worldwide.
Remote meter reading solutions are gaining popularity, especially in remote or geographically distant locations, due to their ability to provide accurate and timely billing. Additionally, the market is expanding with the rising adoption of ultrasonic flowmeters in water and wastewater treatment industries. These meters are crucial for measuring chemical dosages, monitoring methane emissions, and assessing large volumes of fluid containing various components like suspended particulates and sludge by-products.
Leading manufacturers are introducing advanced technologies such as programmable thermostats and in-home screens. These innovations enable utilities to offer new time-based rate plans and incentives, empowering consumers to manage energy costs and usage and reduce peak demand. This, coupled with advancements in grid modernization is expected to positively influence advanced metering infrastructure market growth.
AMI's primary goal is to provide utilities with precise data on energy consumption, enabling them to manage distribution networks efficiently, reduce energy waste, and improve customer service. It also helps utilities identify energy-saving opportunities and proactively address power failures while providing consumers with real-time insights into their energy usage, enhancing their ability to manage and potentially lower energy costs.
Expanding use of Internet of Things (IoT) technologies is further driving the growth of the global advanced metering infrastructure market. Moreover, there is a growing demand for AMI communication networks that are cost-effective, low-bandwidth, and capable of handling latency-insensitive metering requirements. Early adopters relied on technologies like RF-Mesh and narrow-band power-line communication (PLC), but advancements have led to the popularity of broadband PLC and low-power wide-area networks (LPWAN).
Report Attribute | Detail |
---|---|
AMI Market Size (2024E) | US$ 21.46 Billion |
Forecasted Market Value (2034F) | US$ 54.66 Billion |
Global Market Growth Rate (2024 to 2034) | 9.8% CAGR |
Canada Market Growth Rate (2024 to 2034) | 9.9% CAGR |
China Market Value (2034F) | US$ 6 Billion |
North America Market Share (2024E) | 24.8% |
East Asia Market Share (2034F) | 23.1% |
Key Companies Profiled | Aclara Technologies LLC; Elster Group GmbH; Schneider Electric SE; Itron Inc.; International Business Machines Corporation; Cisco Systems Inc.; Eaton Corporation; Siemens AG; Renesas Electronics Corp.; Aclara Technologies LLC; Mueller Systems LLC; Schneider Electric SE; Eaton Corporation Plc. |
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What are the Primary Factors Driving Demand for Advanced Metering Infrastructure?
“Head-end System Data Management Becoming Useful Feature and Attracting More Customers”
Demand for advanced metering infrastructure (AMI) has been primarily propelled by its comprehensive range of services, including head-end systems, meter data management services, metering and communication systems, and others. State-of-the-art meters also offer features like remote readings, load management, and firmware upgrades. An integrated system comprising communication networks, smart meters, and data processing systems enables bidirectional interaction among customers, software platforms, and enterprises, thereby enhancing control over the electrical grid.
These smart meters represent revolutionary innovations in the utility industry due to their ability to enhance meter reading accuracy and streamline data collection processes. Over the projected period, the market's growth is expected to be further accelerated by these advantageous applications of AMI.
Many countries are establishing legal and regulatory frameworks to oversee the deployment of smart meters and smart grids.
- For instance, the European Union had set a target to replace eighty percent of traditional power meters with advanced metering infrastructure by 2021.
- Similarly, Tokyo Electric Power Company (TEPCO) plans to develop an integrated energy management platform that will integrate with smart devices in homes and businesses, alongside the installation of 27 million electric smart meters throughout Japan. This initiative is likely to drive the global market for advanced metering infrastructure throughout the forecasted period.
“Increased Adoption of Smart Meters and Digitization Trends”
The industry is set to experience significant benefits from the expanding adoption of smart meters, which will accelerate the growth rate of the AMI market in the upcoming years. Research into smart meter technology is underway, and several manufacturers are striving to develop a standardized design that complies with international regulations to enhance their product's market appeal.
There are abundant growth opportunities in the market due to the rising trend of digitization. The proliferation of smart home technologies is leading to increased utilization of IoT-based smart devices. Consequently, the upward trajectory in energy consumption, a favorable consequence of digitization, is anticipated to propel the expansion of the advanced metering infrastructure market size.
Which Factors are Restraining Market Growth to Some Extent?
“Lack of Technical Expertise and High Initial Cost”
Expansion of the advanced metering infrastructure market is being hindered by several factors. Firstly, the high costs associated with AMI systems pose a significant barrier to sector growth. Additionally, substantial installation expenses further inflate total costs. Maintenance requirements for these meters, often at high rates, present another obstacle to market expansion. Moreover, inadequate financial incentives and the need for improved customer support contribute to the challenges facing the AMI market. Consequently, the anticipated high prices of these meters are expected to constrain market growth during the forecast period.
The pace of market development is constrained by a shortage of technological expertise and skilled labor, particularly in developing and underdeveloped nations. As a result, the AMI market is projected to encounter significant challenges throughout the forecast period due to deficiencies in technical competence.
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Country-wise Analysis
The market in Japan is projected to expand at a CAGR of 10.3% from 2024 to 2034. Japan is analyzed to occupy an advanced metering infrastructure market share of 29.4% in East Asia by the end of 2034.
Why is the Expanding Housing Market in the United States an Opportunity for Gas Utility Companies?
“Increasing Home Constructions Boosting Demand for Smart Gas Meters”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 2.4 Billion |
Growth Rate (2024 to 2034) | 9.8% CAGR |
Projected Value (2034F) | US$ 6.1 Billion |
Funding secured through the Smart Grid Investment Grant (SGIG) program under the American Recovery and Reinvestment Act (ARRA) is a key advanced metering infrastructure market trend in the United States. The widespread integration of AMI in newly constructed homes is poised to stimulate demand for smart meters across the country.
In the United States, the expanding housing market represents a substantial opportunity for utilities involved in gas supply, as sales of smart gas meters are projected to rise alongside the construction of new homes. Manufacturers of smart gas meters in the United States are keen to capitalize on this growth potential as demand escalates.
How is China Strengthening its Position in the East Asia Market?
“Continuously Increasing Industrial and Residential Power Requirements”
Attribute | China |
---|---|
Market Value (2024E) | US$ 2.36 Billion |
Growth Rate (2024 to 2034) | 9.8% CAGR |
Projected Value (2034F) | US$ 6 Billion |
China's vast scale illustrates its continually growing industrial and residential power needs. The country's advancements in smart grid technologies have positioned it as a global leader in the power sector. Robust government backing and substantial investments have been pivotal in driving market expansion in China.
The adoption of 5G technologies is projected to further accelerate growth and strengthen China's smart grid infrastructure. The AMI sector in China is projected to achieve significant growth at a remarkable compound annual growth rate (CAGR) over the next decade. Consequently, there is expected to be substantial growth in demand for AMI program management and consulting services as well.
Category-wise Analysis
Based on product, sales of smart water meters are forecast to rise at a CAGR of 13.6% from 2024 to 2034.
Which Product Type is Becoming More Desirable in the Market?
“Digitalization of Energy Infrastructure Driving Sales of Smart Electric Meters”
Attribute | Smart Electric Meters |
---|---|
Segment Value (2024E) | US$ 12.88 Billion |
Growth Rate (2024 to 2034) | 8.8% CAGR |
Projected Value (2034F) | US$ 30.06 Billion |
The adoption of smart electric meters is gaining traction, and the development of smart grids is expected to drive a substantial increase in their implementation. Recently, there has been a growing adoption of smart meters in developing countries such as India. Smart electric meters, equipped with features like bi-directional connectivity and meter data analytics, are seen as the optimal solution for managing the complex power infrastructure needs of the digital age.
Which End-user Segment Occupies a Substantial Market Share?
“Focus on Promoting Energy Conservation Practices among Residential Users”
Attribute | Residential |
---|---|
Segment Value (2024E) | US$ 12.23 Billion |
Growth Rate (2024 to 2034) | 8.8% CAGR |
Projected Value (2034F) | US$ 28.42 Billion |
Residential consumers extensively utilize advanced metering infrastructure (AMI). Given that residential buildings have been the primary focus of AMI adoption, this technology plays a crucial role in efficient energy management and monitoring of home consumption. AMI enables homeowners to effectively monitor and manage their energy usage.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Market Competition
The market for advanced metering infrastructure is extremely fragmented globally. The main suppliers of AMI invest in research and development to produce practical, cost-effective solutions that adhere to regulations and optimize revenue opportunities.
Key players in the advanced metering infrastructure industry are seeking growth strategies to boost market share and sales revenue, such as capacity expansion, partnerships, distribution agreements, and mergers, and adapting themselves to evolving market trends such as mobile metering systems and smart meter data management.
- The Iron Engage Sales Channel Partner Program for utilities and municipalities in Asia Pacific was introduced by Itron, Inc. in July 2022. Itron Engage's growth has made it possible for reliable, knowledgeable partners to implement Iron's solutions to their clients' advantage by providing them with the resources, assistance, and training they require.
- In November 2022, Renesas Electronics Corp. started utilizing NanoLock Security, a technology that provides cyber security protection for smart meter devices at the zero-trust meter level.
Fact.MR provides detailed information about the price points of key advanced metering infrastructure product manufacturers positioned across the world, sales growth, production capacity, and speculative technological expansion in this updated market report.
Key Segments of AMI Market Research
-
By Product Type :
- Smart Metering Devices
- Solutions
- Services
-
By Device :
- Smart Gas Meters
- Smart Water Meters
- Smart Electric Meters
-
By End Use :
- Residential
- Commercial
- Industrial
-
By Region :
- North America
- Latin America
- Eastern Europe
- Western Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Device
- 6.2. Product Type
- 6.3. End Use
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Device
- 7.1. Smart Gas Meters
- 7.2. Smart Water Meters
- 7.3. Smart Electric Meters
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type
- 8.1. Smart Metering Devices
- 8.2. Solutions
- 8.3. Services
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use
- 9.1. Residential
- 9.2. Commercial
- 9.3. Industrial
- 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. East Asia
- 10.6. South Asia & Pacific
- 10.7. Middle East & Africa
- 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 18. Sales Forecast 2024 to 2034 by Device, Product Type, End Use, and Region for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. Aclara Technologies LLC
- 20.2. Elster Group GmbH
- 20.3. Schneider Electric SE
- 20.4. Itron Inc.
- 20.5. International Business Machines Corporation
- 20.6. Cisco Systems Inc.
- 20.7. Eaton Corporation
- 20.8. Siemens AG
- 20.9. Renesas Electronics Corp.
- 20.10. Aclara Technologies LLC
- 20.11. Mueller Systems LLC
- 20.12. Schneider Electric SE
- 20.13. Eaton Corporation Plc
- 21. Assumptions and Acronyms Deviced
- 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Device, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Device, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Device, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Device, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Device, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Device, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Device, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Device, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Device, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Device, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Device, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Device, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Device, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Device, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Device, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Device, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Device, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Device, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Device, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Device, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Device, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Device, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Device, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Device, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Device, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Device, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Device, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Device, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Device, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Device, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Device, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Device, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Device, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Device, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Device, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Device, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Device, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Device, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Device, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Device, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Device, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Device, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Device, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Device, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Device, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Device, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Device, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Device, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by End Use, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
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- FAQs -
How big is the advanced metering infrastructure (AMI) market in 2024?
The global market for advanced metering infrastructure (AMI) is expected to be valued at US$ 21.46 billion in 2024.
What are the projections for the global market over the next decade?
The market is forecasted to expand at 9.8% CAGR and reach US$ 54.66 billion by the end of 2034.
Which country has a significant market share in this business?
Revenue from the United States market is projected to reach US$ 2.37 billion in 2024.
What are the projections for the market in South Korea?
South Korea is estimated to reach a market value of US$ 1.07 billion in 2024.
Which end user accounts for significant sales of AMI?
The residential segment is projected to reach a value of US$ 12.23 billion in 2024.
What is the share of Japan in the East Asia market?
Japan accounts for a market share of 28.9% in East Asia in 2024.
Who are the leaders in the business of AMI?
Key players in the market are Aclara Technologies LLC, Elster Group GmbH, Schneider Electric SE, Itron Inc., and International Business Machines Corporation.