Smart Water Metering Market share to exceed 290 million units by 2024 - PowerPoint PPT Presentation

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Smart Water Metering Market share to exceed 290 million units by 2024

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More Information @ Smart water metering market share for 2016 from commercial applications accounted for over 35% of the global share. Increasing water prices with uncertain supply and availability may boost the industry growth. Commercial and utility end users are realizing the importance of conserving water and effectively mapping their usage as unregulated spending on resources can affect the profitability of the enterprise. – PowerPoint PPT presentation

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Title: Smart Water Metering Market share to exceed 290 million units by 2024


1
Smart Water Metering Market share to reach 14bn
by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Water Metering Market
  • Commercial smart water metering market share is
    projected to witness growth over 15 during the
    forecast timeline. Rising concerns towards
    control of overhead expenses including water
    bills can impact the profitability of a
    commercial establishment, complementing the
    business outlook.
  • China accounted for over 55 of the Asia Pacific
    smart water metering market share in 2016. In
    2012, the Ministry of Industry and Information
    Technology (MIIT) of China unveiled the 12th
    Five-Year Plan focusing towards the development
    of intelligent grids, household and cities, Under
    the proposed blueprint the investment of USD 294
    billion were allocated for water resources
    projects. As per the plan, the pricing policies
    on ladder water price will be implemented in most
    of the municipal utilities, necessitating a paced
    deployment of these products in the region.

3
Continued...
  • Increasing administrative emphasis with
    favourable government initiatives will positively
    drive the Germany smart water metering market
    growth. Growing foreign collaborations and
    investments toward the development of high
    performance advanced systems will further
    stimulate the product demand. Being an active
    member of the Open Metering System Group the
    country regulates the standardization activities
    of these products for water, gas and electricity.
  • Notable players in the smart water metering
    market include Itron, Siemens, LandisGYR,
    Schneider Electric, Circutor, Icsa, Iskraemeco,
    Holley Metering, Honeywell, Osaki, Elster, Sensus
    Sentec, Badger Meter and Neptune Technology.

4
Germany Smart Water Metering Market Size, By
Application, 2016 (Million Units)

5

Browse Full Market Research Report On Water
Metering Market _at_ https//goo.gl/tHBPZ3 Reques
t for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/697
6
360 Analysis
  • Application Trends
  • Smart water metering market share for 2016 from
    commercial applications accounted for over 35 of
    the global share. Increasing water prices with
    uncertain supply and availability may boost the
    industry growth. Commercial and utility end users
    are realizing the importance of conserving water
    and effectively mapping their usage as
    unregulated spending on resources can affect the
    profitability of the enterprise.
  • Regional Trends
  • U.S. smart water metering market size is set to
    exceed USD 3 billion by 2024 owing to increasing
    adoption of these systems in commercial and
    utility applications owing to affordable prices
    and convenience. Strict norms towards non-revenue
    water may further complement the business
    outlook.
  • Competitive Market Share
  • Global smart water metering market participants
    include Siemens AG, Itron, Elster, Sensus,
    LandisGyr, Kamstrup, Aclara Technologies, Xylem,
    Badger Meter, Datamatic, Diehl, Neptune
    Technology, Arad, Arqiva and others.


7
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