Europe Advanced Metering Infrastructure Market Analysis
EUROPE ADVANCED METERING INFRASTRUCTURE MARKET ANALYSIS
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)
In March 2023, Landis+Gyr, a leading global provider of integrated energy management solutions, expanded its operations in Eastern Europe to enhance service delivery. This strategic move aims to strengthen the company's presence in key markets and improve support for utilities in the region. The expansion is part of Landis+Gyr's broader initiative to meet the growing demand for smart metering and grid management solutions, driven by the increasing focus on energy efficiency and sustainability. By leveraging its advanced technologies and expertise, Landis+Gyr is poised to offer innovative solutions that help utilities optimize their operations and better serve their customers in Eastern Europe, further solidifying its position as a market leader in the energy sector.
In September 2022, Schneider Electric, a global specialist in energy management and automation, partnered with a utility provider to deploy advanced metering infrastructure (AMI) in several European cities. This collaboration aims to enhance the efficiency and reliability of energy distribution by integrating smart metering technologies that provide real-time data and analytics. The deployment of AMI will enable utilities to optimize their operations, improve customer engagement, and facilitate better energy management practices.
In July 2021, Itron, Inc., a prominent technology company specializing in energy and water resource management, acquired a software company to enhance its advanced metering infrastructure (AMI) solutions. This strategic acquisition is aimed at improving Itron, Inc.'s capabilities in delivering innovative software that supports utilities in managing their energy and water resources more efficiently. By integrating the new software into its existing portfolio, Itron, Inc. seeks to provide utilities with advanced analytics and operational insights, ultimately driving better decision-making and resource management. This move aligns with Itron, Inc.'s commitment to innovation and its goal of helping utilities and cities optimize their operations in an increasingly complex energy landscape.
In February 2021, Siemens, a global leader in digital industries and smart infrastructure, launched a new smart meter equipped with enhanced data analytics features. This innovative meter is designed to provide utilities with advanced capabilities for monitoring energy consumption and optimizing grid management. By leveraging sophisticated data analytics, the smart meter enables utilities to gain real-time insights into usage patterns, identify inefficiencies, and improve operational decision-making.