Advanced Metering Infrastructure (AMI) Market to Grow at 9% CAGR by 2019 Says a New Research Report at ReportsnReports.com
Dallas, TX (PRWEB) July 07, 2015 -- The report, Global Advanced Metering Infrastructure (AMI) Market 2015-2019, provides a complete overview on the scope of Advanced Metering Infrastructure (AMI) in coming years. There is a systematic articulation of an entire market research stating all the potential market possibilities, along with the current market situation of the industry.
The Global Advanced Metering Infrastructure (AMI) Market 2015-2019 report spreads across 72 pages and provides 26 Exhibits. Browse the complete report at http://www.reportsnreports.com/reports/403577-global-advanced-metering-infrastructure-ami-market-2015-2019.html.
Based on the market analysis by experts, the Global Advanced Metering Infrastructure Market is projected to grow at a rate of CAGR of 9% over the period of 2015-2020. The implementation of AMI, was felt essential when the power companies (especially in developing countries) started facing huge capital loss to power theft. So, many power companies rapidly started adapting smart monitoring system and high-tech governing modules. Even the regulatory authorities of various countries such as China, Japan, Italy, India and the U.S. have expressed a vast interest in the adaptation of a smart energy system and MDM system over the recent span of time. These changes in the market have boomed the demand of the Advanced Metering Infrastructure (AMI), in substantial numbers and have made available huge market opportunities.
The Advanced Metering Infrastructure (AMI) is not only limited to installation of a smart meters, it comprises of a complete Infrastructure that enables two way communication with the client through various networking and data processing channels. It also helps monitor the loss of energy during transmission by installation of automation system on transformers.
The key function of AMI includes:
- Remote meter reading for error-free data
- Identifying energy system problems
- Load outlining
- Energy inspection
- Reduction of load during shedding
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The Global Advanced Metering Infrastructure (AMI) Market 2015-2019 contains market surveys and segments that provide an insight on the market breakup based on geography and growth prospect in the coming years. Also, the report comprises a discussion of the key vendors in industry.
The key vendors of the industry are Eaton, General Electric, Itron, Landis+Gyr and Schneider Electric.
Other Prominent Vendors: Echelon, Elster Group, Sensus, Silver Spring Networks
Further, the report explores the challenges that are being faced by the existing vendors of the industry like data management, meter replacement and support of the authorities of the respective nation. Also, a section including the leading countries like U.S, Italy and China is incorporated for better understandings of the market competitors while formulating marketing strategies.
Some of the other key highlights of the report are:
- Analysis of the key vendors
- Market Driver like the need to reduce electricity theft
- Market Challenges like Meter replacement and data management etc.
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global AMI Market 2014-2019 ($ millions)
Exhibit 3: Global AMI Market by Components 2014
Exhibit 4: Global AMI Market by Components 2019
Exhibit 5: Global AMI Market by Components 2014-2019
Exhibit 6: Global AMI Market by Smart Meters 2014-2019 ($ millions)
Exhibit 7: Global AMI Market by MCI 2014-2019 ($ millions)
Exhibit 8: Global AMI Market by MDM 2014-2019 ($ millions)
Exhibit 9: Global AMI Market by Geography 2014
Exhibit 10: Global AMI Market by Geography 2019
And more.
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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