Advanced Metering Infrastructure Market Analysis, Segment, Trends and Forecasts to 2020
Summary
Favorable regulatory conditions in Asia Pacific and North American countries are expected to assist rollouts of smart meters over the forecast period.San Francisco, CA, January 01, 2015 --( PR.com )-- The AMI market is expected to witness rapid growth with an increase in global energy demand over the forecast period.In addition, efficient incorporation of renewable energy, carbon saving and AMI for water utilities may offer huge opportunities for potential market growth.However, inadequate financial incentives for utilities, safety concerns and health issues are some factors that may curb the AMI market.The smart meters segment is expected to dominate the market owing to short meter life span, lower transportation costs, use of power communications and low installation costs.Favorable regulatory conditions in Asia Pacific and North American countries are expected to assist rollouts of smart meters over the forecast period.