Emerging Trends and Innovations for the Europe Advanced Metering Infrastructure Market | projected to reach USD 14,070 Million by 2030

According to a research report "Europe Advanced Metering Infrastructure Market”, by Smart Metering Devices (Electricity, Water and Gas), Communication Module (Cellular Communication Module, RF Mesh Communication Module and Power Line Communication (PLC) Module), Service (System Integration, Program Consulting and Meter Deployment), Solutions (Advanced Metering Infrastructure Security, Meter Communication Infrastructure, Meter Data Analytics, Meter Data Management and Other), End-user (Residential, Commercial and Industrial) & Region - Europe Forecast to 2030.

Europe Advanced Metering Infrastructure Market was valued USD 6,272 Million in 2023 and projected to reach USD 14,070 Million by 2030, growing at a CAGR of 12.3% during the forecast period of 2024-2030.

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Browse in-depth TOC on Europe Advanced Metering Infrastructure Market

• 324 - Tables
• 56 - Figures
• 370 - Pages

Market Overview: The Europe Advanced Metering Infrastructure (AMI) Market is undergoing significant growth and transformation driven by various factors reshaping the energy landscape across the continent. Several factors contribute to the growth of the Europe AMI market. Is, regulatory mandates at the European Union (EU) level, such as the Clean Energy Package and the Energy Efficiency Directive, emphasize the importance of energy efficiency, emissions reduction, and grid modernization. These regulations incentivize utilities to invest in AMI infrastructure to comply with energy efficiency targets and enhance grid reliability. the Energy Efficiency Directive focuses on promoting energy efficiency across various sectors, including buildings, transport, industry, and energy production. It sets binding targets for energy savings and requires member states to develop and implement energy efficiency measures, such as promoting energy audits, improving building standards, and incentivizing energy-efficient technologies and practices.

Market Dynamics

Drivers:

• Adoption of multiple deployments, including gas, electricity, and water
• Rise in grid scale storage services

Opportunities:

• Growing demand for electric vehicles and smart charging
• Advancement in AMI technologies

UK dominates the market for Europe Advanced Metering Infrastructure.

The United Kingdom (UK) emerges as a dominant force in shaping the Europe Advanced Metering Infrastructure (AMI) market, leading the region in both adoption and innovation. With its progressive regulatory environment, technological expertise, and commitment to sustainability, the UK stands at the forefront of AMI deployment and development. The UK's AMI market has witnessed significant growth in recent years, driven by several key factors, regulatory mandates such as the Smart Metering Implementation Programme (SMIP) have mandated the deployment of smart meters across households and businesses. This initiative aims to modernize the country's energy infrastructure, enhance energy efficiency, and empower consumers with real-time consumption data.

Top key players covered in the market report:

• Cisco Systems, Inc
• Eaton
• EDMI Limited
• General Electric
• Honeywell International Inc.
• IBM
• Itron Inc.
• Schneider Electric
• Siemens
• TRILLIANT HOLDINGS INC
• ZENNER International GmbH & Co

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Segmentations Analysis of Europe Advanced Metering Infrastructure Market: -

• By Smart Metering Devices
• By Communication Module
• By Services
• By Solutions
• By End-use
• By Region

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