Market Share of Advanced Metering Infrastructure Industry
The advanced metering infrastructure market is highly fragmented. The development of integrated and IT-enabled power grids and other support software to analyze the patterns, the increase in the use of smart meters and water metering solutions, and digitization initiatives across regions provide lucrative opportunities in the advanced metering infrastructure market. Overall, the competitive rivalry among existing competitors is high.
In December 2022, Siemens will be awarded a new contract to establish a distribution management system and advanced metering infrastructure for North Delta Electricity Distribution Company. Additionally, the control centers aim to enhance the efficiency, quality, and stability of the power supply by implementing the most advanced IT applications and intelligent systems to ensure smart grid management.
In December 2022, ESB Networks will choose Trilliant Networks Operations (UK) Ltd., a division of the leading global provider of solutions for advanced metering infrastructure (AMI), the smart grid, smart cities, and the Internet of Things (IIoT), as one of the suppliers to provide smart meters in support of the implementation of Ireland's National Smart Metering Programme. Customers will find it simpler to manage their energy use, save money, and reduce their carbon footprint thanks to the program.
Advanced Metering Infrastructure (AMI) Market Leaders
Itron Inc.
IBM Corporation
Siemens AG
Schneider Electric SE
Honeywell International Inc.
*Disclaimer: Major Players sorted in no particular order
