Advanced Metering Infrastructure (AMI) Market Analysis, Market
Size,
Application
Analysis,
Regional
Outlook,
Competitive Strategies And Forecasts, 2014 To 2020
The AMI market is expected to witness rapid growth with increase in global energy demand over the forecast period. Grid modernization initiatives, regulatory mandates and need for energy conservation have been growing rapidly. Governments across the globe are encouraging utilities to deploy smart meters across various industry verticals. AMI offers several benefits to consumers and utilities, which include financial benefits, system operation and customer services. Reducing energy peak demands and increasing emphasis on improving energy efficiency by encouraging participation in demand response programs is expected to drive AMI market growth.