Dallas, Texas (PRWEB) June 06, 2013
This market research report forecasts the global Advanced Metering Infrastructure (AMI) market is estimated to grow from $15.89 billion in 2013 to $28.45 billion in 2018, at a compounded annual growth rate of 12.4%. In terms of regions, the Europe Union is expected to be the biggest market in terms of revenue contribution, while Asia-Pacific (APAC) is expected to experience increased market traction, during the forecast period.
Advanced Metering Infrastructure (AMI) is one of the primary steps for smart grid optimization. To understand the customer needs and to fulfil them in an effective manner, involvement of both consumer and utility companies is essential which has led to implementation of AMI. Different federal and state governments are implementing AMI systems which not only reduce cost but also provide other benefits at customer and operational level such as more effective theft intrusion and detection, personalized tariff plans, improved service quality and easy bill options. Integration of AMI technologies into existing system is growing rapidly; still there are some challenges that hinder the implementation of AMI such as standardization, regulatory control and technological barriers.
AMI integrates smart meters, Meter Communication Infrastructure (MCI) and Meter Data Management (MDM) to provide seamless energy solutions to consumers. The Advanced Metering Infrastructure (AMI) market (http://www.reportsnreports.com/reports/250359-advanced-metering-infrastructure-ami-market-smart-meters-communications-energy-management-devices-meter-data-management-mdm-meter-communication-infrastructure-mci-security-analytics-worldwide-market-forecasts-and-analysis-2013-2018-.html) research report analyzes adoption trends region-wise, future growth potential, key drivers, restraints, opportunities, and best practices in this market. This research report categorizes the Advanced Metering Infrastructure (AMI) market to forecast the revenues and analyze the trends in each of the following sub-markets with respect to 5 regions - North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC), Middle East and Africa (MEA)
On the basis of Regions:
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Company Profiles (Marketsandmarkets Overview, Overview, Products & Services, Financials, Swot And Strategy & Insights):
2. Cisco Systems, Inc.
3. Cooper Power Systems
4. Echelon Corporation
5. Elster Group Se
6. General Electric
10. Landis+Gyr AG
11. Schneider Electric SA.
13. Silver Spring Networks,Inc
14. Tieto Corporation
Other Potential Players:
1. Badger Meter
4. Master Meter Systems
5. NURI Telecom
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