The global smart water meters market size is anticipated to register a significant CAGR of over 9% during the forecast period from 2021 to 2027. The increasing consumption of water, increasing investment in digitalization, and government initiatives are some major factors to drive the market growth. The increasing water scarcity, rapid urbanization, aging infrastructure, and leak detection are further anticipated to propel the market growth. Moreover, the increasing adoption of smart water meters in developed economies such as the US, UK, etc, is further expected to fuel the market over the forecast period. In addition, the increasing investment in smart homes, adoption of IoT-based smart metering, and smart water grid evolution are estimated to boost the market.
The report titled "Smart Water Meters Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2021 – 2027" offers a holistic view of the Smart Water Meters industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Smart Water Meters market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Smart Water Meters Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Smart Water Meters Market Segmentation:
By Technology:
- Auto Meter Reading (AMR)
- Advanced Metering Infrastructure (AMI)
By Meter Type:
- Ultrasonic Meter
- Electromagnetic Meter
- Mechanical Meter
By Application:
- Residential
- Industrial
- Commercial
By Region:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
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List of Key companies:
- Kamsturp A/S
- Badger Meter, Inc.
- Diehl Metering GmbH
- Landis+Gyr
- Itron, Inc.
- Neptune Technology Group Inc.
- Aclara Technologies LLC
- Sensus
- B METER s.r.l.
- Honeywell International
Key Questions Answered by Smart Water Meters Market Report
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- number of employees and market concentration, among others
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