Report Format: PDF
Published Date: Oct-2018 | 179 Pages | Report ID: VSR001564
Global Smart Water Metering Market Size is estimated to expand rapidly in coming years, at a CAGR of 10.5 % from 2018 to 2025. In 2017, the global market valuation was USD 9.6 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Smart water network alternatives, integrating sophisticated technologies, hardware and efficient messaging technologies, have appeared with increasing supply pressure on air supplies, increased air pressure, increased power costs, and outdated water structures. The incorporation of these elements makes it possible to enhance leak detection and data acquisition for the consumers to compensate for each fall and convert the water to income. Geographically, North America is expected to be the highest growing region in the global market of smart water metering.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global smart water metering market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global smart water metering market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Technology Insights: On the basis of technology, the global smart water metering market has been segmented into AMI, AMR. AMI is the recent technology for meter scanning which is embraced by water companies. With AMI, communication between the meter and the user/utility is possible in two ways. Therefore, consumers can monitor their water consumption more conveniently. In addition, leak detection is simple with the aid of this technology. As a consequence, companies were prepared to considerably decrease their non-revenue water. AMI also has stronger asset management, conservation of water and enhanced client delivery.
By Application Insights: On the basis of application, global smart water metering market has been segmented into water utilities, industries. During the forecast period, water utilities segments shall develop as soon as possible. This section is also divided into housing and business segments. The residential subdivision should increase more rapidly than the business subdivision. This is primarily because the population is growing, urbanization and intelligent infrastructure is being developed. In addition, this section will increase its development because housing consumers need greater precision in accounting.
Regional Analysis
The smart water metering market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.
It was predicted that North America will be the biggest industry between 2018 and 2025 powered by public efforts for nonrevenue water decrease, precise metering and growth in the US and Canada in the field of intelligent city infrastructure. Furthermore, the growth of the economy is anticipated by enhancing urban development and agricultural development. During the forecast period, APAC is anticipated to play an important role in the worldwide smart water meter industry. The region's leading position is mainly due to the powerful existence of well-established competitors throughout the region. The China Government invests strongly, particularly in the prominent economy of China, in the development of advanced smart water meters in a position of elderly water meters throughout the nation.
Global Smart Water Metering Market Size, Share Analysis by Region 2017
Global Smart Water Metering Market Study Objective
1. To forecast the market size of smart water metering market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of smart water metering market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of smart water metering market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of smart water metering market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the smart water metering market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Kamstrup A/S, Diehl Stiftung & Co. KG, Badger Meter, Inc., Itron Inc., and Sensus USA Inc. are some of the key players in the market of smart water metering.
Global Smart Water Metering Market Study Report Offer You!
The global smart water metering market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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