Smart Water Meter Market to 2027 – Competitor Itron, Badger Meters, Mueller, Kamstrup A/S, DIEHL Metering Group, ARAD Group

The population is growing at an exponential rate across the globe and owing to the growth rate, the demand for water is anticipated to grow certainly. With an objective to supply the required or demanded quantity of water, the water providers or utilities are upgrading their traditional water metering systems with new advanced technologies including automatic meter readers or advanced metering infrastructure. Among the end users, residential sector in developed countries and developing economies is adopting the technologically enriched water meters in order to monitor and check the water consumption pattern. The smart water meters also facilitates the residential areas by alarming in case of pipeline leakage, tampering efforts, reverse flow, thereby reducing water loss and associated loss. The industrial sector is also upgrading their water meters with intelligent water meters as these smart technologies help the industries to understand the quantity of water allotted to them, quantity of water supplied at the end and quantity of water billed at the end of the time period. In order to reduce non-revenue water bill generation, the industries are increasingly procuring these smart water meters, thereby helping the market to propel over the years.

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The Global Smart Water Meter market is expected to grow from US$ US$ 1506.2 Mn in 2017 to US$ 3832.0 Mn by 2025 at a CAGR of 12.4% between 2018 and 2025.

The majority of the world is facing an acute water scarcity pertaining to various factors such as illegal water tapping, pipeline tampering, and leakage. Other factors including rapid urbanization and ageing infrastructure is also a key factor behind water scarcity. Water providers and water utilities are constantly adopting various technologies in order to supply adequate quantity of water to every area, along with reducing the operational costs, managing assets as well as supporting conservation.

The key players influencing the market are:

1. ARAD Group
2. DIEHL Metering Group.
3. Elster
4. Kamstrup A/S
5. Mueller
6. Sensus
7. Neptune Technologies
8. Badger Meters
9. Itron
10. Aclara Technologies LLC.

This report contains:

  • Market sizing for the global Smart Water Meter Market.
  • Compare major Smart Water Meter providers strategies and approaches to the challenges they face
  • Analysis of the effects deglobalisation trends may have for Smart Water Meter providers
  • Profiles of major Smart Water Meter providers
  • 5-year CAGR forecasts for logistics-intensive vertical sectors

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The Smart Water Meter market segmentation is done on the basis of type, components and end-users. The market for smart water meter is segmented on the basis of type into Advanced Metering Infrastructure (AMI), and Automated Meter Reading (AMR). The major components of a smart water meter form the basis of market segmentation into controlling unit; display, storage & integrated software; and others. The end-user segmentation for smart water meter market includes residential and industrial users.

A number of industry verticals are set to be positively impacted post the rollout of Smart Water Meter technology services in the market space. The major industry verticals include smart automotive, healthcare, smart transportation & logistics, consumer electronics, industrial automation, building & home automation, and others. On the basis of geography, the Smart Water Meter market is analyzed by North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

North America is expected to remain dominant over the forecast period and is anticipated to 30 BPS over 2018 -2028 to account for 41.6% by 2028. The growth in the region is primarily driven by older infrastructure development and high labour cost in the region. However, in other regions such as the Asia Pacific and the Middle East the utilities are not able to leverage the capabilities of such expensive systems as the smart water meters are not just about installing digital interfaces in traditional infrastructure or streamlining city operations. It is more about using technology and data purposefully to make better decisions and deliver a better quality of service to end-users.

Key Benefits

  • This report provides a detailed study of market trends and forecast from 2019 to 2027, which assist to identify the prevailing market opportunities.
  • In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
  • This study further includes market share analysis in terms of type and applications.
  • Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
  • Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.

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Reason To Buy

Highlights key business priorities in order to assist companies to realign their business strategies

– Highlights Smart Water Meter Market  hereby allowing organizations to gain revenues by focusing majorly on select products
– The key findings and recommendations highlight crucial progressive industry trends in the Smart Water Meter Market, thereby allowing players across the value chain to develop effective long term strategies
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
– Examine the current and future impact of the market and PEST analysis for regions such as North America, Europe, APAC, Middle-East & Africa and South America

Posted by on Tuesday August 20 2019, 5:18 AM EDT. All trademarks acknowledged. Filed under Business Services, Consumer Electronics, Featured Press Release, Media, Robotics, Semiconductors, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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