Advanced Metering Infrastructure Market Research Report 2021: Boosting the growth Worldwide: Market dynamics, trends, Market Scope and Market Size Estimation, Forecast to 2031

PRESS RELEASE
Published March 24, 2023

Advanced Metering Infrastructure (AMI) is a system of integrated hardware and software components that automates the process of collecting energy consumption data from customers and communicating that information back to the utility. The system typically includes meters that are equipped with two-way communications capabilities, data collection devices, and a network that connects all of the components.

AMI systems offer many benefits to utilities, including the ability to remotely connect and disconnect service, detect power outages, and track energy usage in real-time. AMI also provides the foundation for other advanced applications such as demand response, time-of-use pricing, and load management.

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Covid 19 Impact

The impact of COVID-19 on Advanced Metering Infrastructure technology is two-fold. First, the pandemic has created a greater demand for energy data and analytics to support decision-making around grid operations and customer engagement. This has spurred innovation in the development of new data management platforms and software applications that can help utilities make better use of the data collected by AMI systems. Second, the pandemic has also highlighted the importance of remote meter reading and customer self-service capabilities in AMI systems, as these can help reduce the need for in-person interactions and support social distancing efforts.

Key Trends

Advanced Metering Infrastructure (AMI) is a growing technology that is being used by utilities to manage the delivery of electricity to customers. AMI provides two-way communication between the customer and the utility, allowing for better management of the electricity grid. AMI also provides customers with information about their electricity usage, so they can make informed decisions about their energy consumption.

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Key Drivers

Advanced Metering Infrastructure (AMI) is a system that uses two-way communication technology to collect data about a customer’s electricity usage. This data is then used to improve customer service, lower operational costs, and make the electricity grid more efficient.

AMI is often seen as a key driver of the smart grid, as it provides the data needed to make informed decisions about how to manage the electricity grid. In addition, AMI can help utilities avoid or mitigate power outages, and it can provide valuable data for demand-response programs.

The benefits of AMI depend on how the data collected by the system is used. For example, if AMI data is used to improve customer service, customers may see shorter wait times for service, more accurate bills, and more personalized service.

If AMI data is used to lower operational costs, utilities may see reduced line losses, improved asset utilization, and reduced truck rolls.

And if AMI data is used to make the electricity grid more efficient, the grid may be able to handle more renewable energy, provide better service during peak demand periods, and be more resilient to disruptions.

Market Segments

By Product Type

  • Smart Metering Devices
    • Electricity
    • Water
    • Gas
  • Solutions
    • Meter Communication Infrastructure
    • Software
  • Services
    • System Integration
    • Deployment
    • Program Consulting

By End-user

  • Residential
  • Commercial
  • Industrial

Key Players

  • Aclara
  • Badger Meter
  • C3 IoT
  • Cisco
  • Comverge
  • Elster
  • Echelon
  • GE
  • Honeywell
  • Itron
  • Landis+Gyr
  • Schneider Electric
  • Siemens
  • Sensus
  • Silver Spring Networks
  • Tendril
  • Trilliant

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