Report Description Table of Contents The advanced metering infrastructure meter market was worth USD 27.5 billion in 2023 and will be worth USD 53.20 billion by 2030, growing at a CAGR of 8.6% during the forecast period. The advanced metering infrastructure meter market is primarily influenced by the requirement for improved energy management and smart grid integration. AMI meters are becoming popular in governments and utility companies as they improve real-time utility use tracking, lower costs of operation, and improve the distribution grid. For instance, the U.S. Department of Energy has spelled out goals to roll out tens of millions of smart meters and save as much as 15 percent of electricity consumption through accurate metering and consumer knowledge. More recent innovations are using Internet of Things (IoT) technology on the AMI meters to effectively send information and analytic information for optimum energy use. European and Asian countries have also implemented smart metering deployment strategies to meet climate change objectives and cut CO2 emissions. These initiatives are deploying AMI meters to a large extent and are one of the main growth factors for the market. The Advanced Metering Infrastructure (AMI) Meter market holds great potential as the world smart grid investments could reach $200+ billion by 2030. AMI meters can benefit utilities by enabling them to better manage the energy flow, minimizing power blackouts, and increasing customer loyalty. For example, AMI meters can detect energy theft or electrical faults on the spot, thus saving the utility time to respond and reducing losses to as low as one-third. Some of the latest changes include the incorporation of renewables like solar and wind into the grid, which calls for smart meters mainly used in energy metering. Also, with its constantly developing urbanization, especially in Asia-Pacific, governments encourage the implementation of smart meters in millions of homes to mitigate energy waste. Given the continuing development of the global energy demand, this opens up vast market opportunities for the AMI market. Market Segmentation By Product Type: Smart Electricity Meters Smart Water Meters Smart Gas Meters By Component: Hardware (Meters, Sensors, Communication Modules) Software (Meter Data Management, Analytics) Services (Installation, Maintenance, Upgrades) By Technology: Power Line Communication (PLC) Radio Frequency (RF) Cellular Networks By Application: Energy Management Demand Response Distribution Automation By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA North America holds the largest share in the AMI Meter market due to the large scale smart grid projects and policy pressures for advancements in energy metering in the region. The smart meters have already been installed in its more than hundred million households in the U.S., serving more than 60% of the total residential customers. This widespread adoption is augmented by federal policies that have been adopted to ensure that utility advances the grid in order to improve energy management and decrease carbon output. AMI meters are being employed to integrate renewable energy sources and support of charging points for electric vehicles, latest development is the large-scale investments in grid modernization by key utility companies across the United States and Canada. These advancement, coupled with favorable government policies and increasing desire of consumers for energy efficient solutions among others, assert the dominance of North America AMI meter market. Key Players Itron Inc. Siemens AG Landis+Gyr Schneider Electric Honeywell International Inc. Aclara Technologies LLC General Electric Sensus (Xylem) Kamstrup Badger Meter, Inc. Frequently Asked Question About This Report . Table of Contents 1. ADVANCED METERING INFRASTRUCTURE METER MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. ADVANCED METERING INFRASTRUCTURE METER MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – ADVANCED METERING INFRASTRUCTURE METER MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Product Type of Advanced Metering Infrastructure Meter and End Use Outlook Analysis 4. HISTORIC TRENDS IN ADVANCED METERING INFRASTRUCTURE METER MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA ADVANCED METERING INFRASTRUCTURE METER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America Advanced Metering Infrastructure Meter Historical Market ($MILLION), (2017 – 2023) 6.2. North America Advanced Metering Infrastructure Meter Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type 6.3.1. Smart Electricity Meters 6.3.2. Smart Water Meters 6.3.3. Smart Gas Meters 6.4. North America Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 6.4.1. Hardware (Meters, Sensors, Communication Modules) 6.4.2. Software (Meter Data Management, Analytics) 6.4.3. Services (Installation, Maintenance, Upgrades) 6.5. North America Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 6.5.1. Power Line Communication (PLC) 6.5.2. Radio Frequency (RF) 6.5.3. Cellular Networks 6.6. North America Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.6.1. Energy Management 6.6.2. Demand Response 6.6.3. Distribution Automation 6.7. North America Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA ADVANCED METERING INFRASTRUCTURE METER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE ADVANCED METERING INFRASTRUCTURE METER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe Advanced Metering Infrastructure Meter Historical Market ($MILLION), (2017 – 2023) 8.2. Europe Advanced Metering Infrastructure Meter Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type 8.4. Europe Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 8.5. Europe Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 8.6. Europe Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.7. Europe Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC ADVANCED METERING INFRASTRUCTURE METER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC Advanced Metering Infrastructure Meter Historical Market ($MILLION), (2017 – 2023) 9.2. APAC Advanced Metering Infrastructure Meter Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type 9.4. APAC Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 9.5. APAC Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 9.6. APAC Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 9.7. APAC Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA ADVANCED METERING INFRASTRUCTURE METER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America Advanced Metering Infrastructure Meter Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America Advanced Metering Infrastructure Meter Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type 10.4. Latin America Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 10.5. Latin America Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 10.6. Latin America Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 10.7. Latin America Advanced Metering Infrastructure Meter Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. ITRON INC. 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Siemens AG 11.3. Landis+Gyr 11.4. Schneider Electric 11.5. Honeywell International Inc. 11.6. Aclara Technologies LLC 11.7. General Electric 11.8. OTHER MARKET PLAYERS