MarketersMEDIA / Newsroom / Global Smart Water Metering Market is expected to reach $14.96 billion by 2027 growing at a CAGR of 12.1% during 2018 to 2027.

Global Smart Water Metering Market is expected to reach $14.96 billion by 2027 growing at a CAGR of 12.1% during 2018 to 2027.

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Some of the key players profiled in the Smart Water Metering market include Zenner, Sensus, Neptune Technology Group, Mueller Systems LLC, Landis+Gyr, Kamstrup, Itron, Elster Group, Diehl, Datamatic, Badger Meter, B Meters, and Aclara Technologies.

— High demand for sustainable water supply for all end-users, increasing adoption of IoT solutions in utility vertical and developing non-government body initiatives to save water are some of the factors fuelling the market growth. Moreover, high digitalization of the water industry operations is providing opportunities for market growth. However, lack of acceptance owing to the high installation cost involved and software licensing are the restraining factors for the market.

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Water meters are devices that measure the amount of water utilized in various industrial, commercial, and residential applications. On the other hand, smart metering solutions are the extensions of these conventional meters, and utilize meters or modules with correspondence capacities (either one-way or two-way) embedded within the meter or attached to the meter. Smart water meters are essentially intended to track accurately and monitor water usage in homes, industries, and other avenues.

Based on Technology, Advanced Metering Infrastructure (AMI) segment is likely to have a huge demand. Advanced Metering Infrastructure (AMI) is the most recent meter reading technology, which is being adopted by the utilities in the water industry. The AMI technology enables 2-way communication between the meter and the client/utility.

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By Geography, North America is going to have a lucrative growth during the forecast period due to factors such as government initiatives for the decrease in nonrevenue water, exact meter reading and increasing urbanization in this region.

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Types Covered:
• Ultrasonic Meter
• Mechanical Meter
• Electromagnetic Meter

Meter Types Covered:
• One-way Meter
• Two-way Meter

Products Covered:
• Smart hot-water meter
• Smart cold-water meter

Technologies Covered:
• Automatic Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)

Offerings Covered:
• Software & platforms
• Hardware
• Services

Components Covered:
• Meters & Accessories
• IT Solutions
• Communications

Applications Covered:
• Water Utilities
• Residential
• Industries
• Government
• Commercial
• Agriculture

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
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Website: https://www.strategymrc.com

Source URL: https://marketersmedia.com/global-smart-water-metering-market-is-expected-to-reach-1496-billion-by-2027-growing-at-a-cagr-of-121-during-2018-to-2027/88917013

Source: MarketersMedia

Release ID: 88917013

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