Middle East Water Meters Market Overview
Middle East Water Meters Market is anticipated to gain growth during the coming years. With rapid economic and population growth resulting in higher energy demand, the need for energy management is substantial in the Middle East region. Smart water-metering solutions include meters or modules, with communication capabilities embedded within the meter or attached to the meter. This has resulted in several on-going projects turning to smart meters for enabling efficient management and utilization of gas, water, and electricity resources. However, the absence of clear governmental policy is decreasing investments in this sector. The region is also witnessing major international players entering the market through various partnerships or mergers and acquisitions to increase their global presence and gain a stronghold in burgeoning markets like Saudi Arabia.
According to 6Wresearch, Middle East Water Meters Market is anticipated to gain growth during the forecast period 2021-27. The recent COVID-19 outbreak and lockdown restrictions across the region had impacted the overall rollout of smart meters in the region. The water shortage in schools in South Africa has led to the high adoption of smart water meters. The growing infrastructure development in the region is further expected to drive the market for smart meters and attract market vendors to target a wide range of commercial customers.
The Water Meters Market in the Middle East report thoroughly covers the market by technology, Components, applications and regions including Qatar, Bahrain, Saudi Arabia, Kuwait and the rest of the Middle East. The Middle East Water meters market outlook report provides an unbiased and detailed analysis of the on-going the Middle East Water meters market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Middle East Water Meters Market Outlook
- Middle East Water Meters Price Trends
- Middle East Water Meters Market Drivers and Challenges
- Middle East Water Meters Porter's Five Forces
- Middle East Water Meters Industry Life Cycle
- Middle East Water Meters Market - Top Companies Market Share
- Middle East Water Meters Market - Top Companies Profiles
- Middle East Water Meters Market - Strategic Recommendations
- Middle East Water Meters Market Trend Evolution
- Middle East Water Meters Market - Key Performance Indicators
- Middle East Water Meters Market - Opportunity Assessment By Countries
- Middle East Water Meters Market - Opportunity Assessment By Technology
- Middle East Water Meters Market - Import Export Trade Statistics
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