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Smart Water Meter Market

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The study segments Smart Water Meter industry in light of major classification such as product type, potential markets, application, and end-user. – PowerPoint PPT presentation

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Date added: 10 June 2020
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Title: Smart Water Meter Market


1
Smart Water Meters Market To Reach USD 10.7
Billion By 2026
www.reportsanddata.com
sales_at_reportsanddata.com
2
Market Summary
Utilities Focus Toward Reducing Non-revenue Water
(NRW) and Need for Smart Water Metering to
Optimize the Consumption are key factors
contributing to high CAGR during the forecast
period. Market Size USD 4.7 billion in 2018,
Market Growth - CAGR of 10.6, Market Trends
Digitalization of the Industry Operations Accordi
ng to the current analysis of Reports and Data,
the Smart water meters market was valued at USD
4.7 billion in 2018, and it is projected to reach
USD 10.7 billion by the year 2026, at a CAGR of
10.6. The growth factors that are driving the
global smart water meters market are the
increasing demand for reconstruction of old
infrastructures, the need for accurate billing
process, and wastage reduction. The rising demand
for the reduction in the overall costing, demand
for an efficient accurate operation in the
residential, industrial, and commercial sectors,
and reduction in greenhouse gas footprint, are
also significant reasons for fuelling the growth
of the global market. The checking of operations
at the end user level and at the distributor end
saves money, which in turn boosts the smart water
meters market. The government utility bodies are
adapting smart water meters technology in various
regions to overcome problems in the near future,
which is driving the global market.
3
Our Approach
Market Summary
  • The Smart Water Meters market has strengthened
    the global initiatives and growing measures that
    reduce the NRW for efficient resource
    utilization, that eventually drives this market.
    Besides, stringent government regulations that
    effectively monitor the distribution network
    along with a precise assessment of resource
    allocation boosts the market growth. The
    development of infrastructure that provides
    proactive services and sleeks the supply
    management also stimulates the industry outlook.
    Furthermore, ongoing technological advancement
    for the development of effective and precise
    metering technologies will drive the market,
    while fewer concerns pertaining to the scarcity
    and increasing of wastage of water will further
    restrain the industry landscape.
  • The increasing awareness about the smart
    management techniques along with rising
    investments for level production installation of
    meters is anticipated to fuel growth in the Asia
    Pacific region. Additionally, increasing
    government regulations to control the wastage,
    along with environmental protection initiatives,
    is also driving the demand in countries such as
    Japan and China. India, Japan, China and
    Singapore account for a dominant market share in
    the region owing to applications in end-use
    industries, rising foreign investments, and
    technological advancements.
  • Request for a sample of this research report _at_
    https//www.reportsanddata.com/sample-enquiry-form
    /2569

4
Our Approach
Market Summary
  • Key participants include Badger Meter, Kamstrup,
    Diehl, LandisGyr, Aclara Technologies, Sensus,
    Itron, Datamatic, B Meters, and Elster Group,
    among others.
  • For the purpose of this report, Reports and Data
    has segmented the Smart water meters market on
    the basis of type, meter type, technology,
    component, product, application, and region
  • Type (Revenue, USD Billion 20162026)
  • Ultrasonic Meter
  • Electromagnetic Meter
  • Mechanical Meter
  • Meter Type (Revenue, USD Billion 20162026)
  • One-way Meter
  • Two-way Meter
  • Technology (Revenue, USD Billion 20162026)
  • AMR
  • AMI

5
Our Approach
Market Summary
  • Component (Revenue, USD Billion 20162026)
  • Meters Accessories
  • IT Solutions
  • Communications
  • Product (Revenue, USD Billion 20162026)
  • Smart hot-water meter
  • Smart cold-water meter
  • Regional Outlook (Revenue in USD Million
    20162026)
  • North America
  • Europe
  • Asia Pacific
  • Middle East Africa
  • Latin America
  • View press release for more information _at_
    https//www.globenewswire.com/news-release/2020/03
    /09/1997441/0/en/Smart-Water-Meters-Market-To-Reac
    h-USD-10-7-Billion-By-2026-Reports-and-Data.html

6
About Us
Our Approach
About Us
  • Reports and Data is a market research and
    consulting company that provides syndicated
    research reports, customized research reports,
    and consulting services. Our solutions purely
    focus on your purpose to locate, target and
    analyze consumer behavior shifts across
    demographics, across industries and help clients
    make a smarter business decision. We offer market
    intelligence studies ensuring relevant and
    fact-based research across a multiple industries
    including Healthcare, Technology, Chemicals,
    Power, and Energy. We consistently update our
    research offerings to ensure our clients are
    aware about the latest trends existent in the
    market. Reports and Data has a strong base of
    experienced analysts from varied areas of
    expertise.
  • Contact Us
  • John Watson
  • Head of Business Development
  • Reports And Data Web www.reportsanddata.com
  • Direct Line 1-212-710-1370
  • E-mail sales_at_reportsanddata.com
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