Europe Advanced Metering Infrastructure Market, by Type (Hardware (Smart Meters, Communication Module, and Others (IT Hardware, etc.)), Software (Meter Data Management (MDM), Head End System (HES), Meter Data Analytics, and Others (AMI Security, etc.)), and Services (System Integration, Meter Deployment, and Others (AMI Consulting, etc.)), by End User (Residential, Commercial and Industrial), and by Country (Germany, U.K., Italy, France, Spain, Russia, and Rest of Europe) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
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 2021, 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 (2022-2028), considering 2021 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
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.)
By End User:
Residential
Commercial
Industrial
U.K.
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.)
By End User:
Residential
Commercial
Industrial
Italy
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.)
By End User:
Residential
Commercial
Industrial
France
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.)
By End User:
Residential
Commercial
Industrial
Spain
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.)
By End User:
Residential
Commercial
Industrial
Russia
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.)
By End User:
Residential
Commercial
Industrial
Rest of Europe
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.)
By End User:
Residential
Commercial
Industrial
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.
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