Europe Advanced Metering Infrastructure Market, By Type (Smart Meters, Communication Networks, and Meter Data Management Systems), By Technology (Advanced Metering Infrastructure (AMI), and Automated Meter Reading (AMR)), By End User (Utilities (Electric, Water, Gas), Residential, and Commercial)

Published In : Sep 2024

Code : CMI4883

Pages :170

Formats :

Excel and PDF

Industry : Information and Communication Technology

Market Concentration and Competitive Landscape

Europe Advanced Metering Infrastructure Market Concentration By Players

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Government regulations promoting smart meter deployment

Most European nations have recognized the role smart metering can play in transforming the energy sector landscape. Several countries have announced policies and set targets to rollout advanced metering infrastructure on priority. The European Commission has also outlined guidelines under the Third Energy Package to accelerate AMI adoption. In U.K., the nationwide smart meter program is a flagship US$2.5 billion initiative to install smart meters in homes and small businesses by mid-2020s. Italy passed a law in 2017 making installation of second generation smart meters mandatory in medium and large businesses by 2022 and residential premises by 2024. Germany too set a goal of equipping over 90% households with smart meters by 2032. Even Nordic countries like Sweden and Finland have high penetration driven by government led modernization programs. Regulators are actively monitoring progress and applying policy nudges like easier approval for utility spending on digitalization of grid, incentives for consumers to shift loads and reward mechanisms for distributors to rollout at faster pace.

Key Players Insights