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Global Advanced Metering Infrastructure (AMI) Market Report 2020-2027: IoT, Blockchain & AI Play Key Roles in Advancing the Efficiency of AMIDUBLIN, March 31, 2021 /PRNewswire/ -- The "Advanced Metering Infrastructure (AMI) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The Global Advanced Metering Infrastructure (AMI) Market to Reach $13.8 Billion by 2027 Amid the COVID-19 crisis, the global market for Advanced Metering Infrastructure (AMI) estimated at US$ 7.3 Billion in the year 2020, is projected to reach a revised size of US$ 13.8 Billion by 2027, growing at a CAGR of 9.5% over the analysis period 2020-2027. Smart Gas Meters, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$ 2.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smart Electric Meters segment is readjusted to a revised 9.7% CAGR for the next 7-year period. The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 11.0% CAGR Advanced Metering Infrastructure (AMI) market in the U.S. is estimated at US$ 1.2 Billion in the year 2020. China is forecast to reach a projected market size of US$ 5.3 Billion by the year 2027 trailing a CAGR of 11.0% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Canada, Japan and Europe, each forecast to grow at 7.1% 6.3% and 7.3% respectively over the 2020-2027 period. Smart Electric Meters Segment to Record 9.7% CAGR In the global Smart Electric Meters Segment, USA, Japan, China, and Europe will drive the 9.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$ 3.1 Billion in the year 2020 will reah a projected size of US$ 5.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets and is forecast to reach US$ 3.2 Billion by the year 2027 The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027. Key Topics Covered:
2. FOCUS ON SELECT PLAYERS (Total 231 Featured):
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS IV. COMPETITION Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-advanced-metering-infrastructure-ami-market-report-2020-2027-iot-blockchain--ai-play-key-roles-in-advancing-the-efficiency-of-ami-301259402.html SOURCE Research and Markets |