Smart Water Metering Market

Smart Water Metering Market by Meter type (Ultrasonic, Electromagnetic, Smart Mechanical), Application (Water Utilities, Industries), Technology (AMI, AMR), Component (Meter & Accessories, Communications) and Region - Global Forecast to 2027

Report Code: EP 4266 Dec, 2022, by marketsandmarkets.com

The global smart water metering market is valued at an estimated USD 3.7 billion in 2022 and is projected to reach USD 6.4 billion by 2027, at a CAGR of 11.6% during the forecast period. The market growth for smart water meters can be attributed to the rise in need for accuracy in water billing solutions. Even utilities taking measures to reduce nonrevenue water has driven the market for smart water meters.

Smart Water Metering Market

To know about the assumptions considered for the study, Request for Free Sample Report

Smart Water Meters Market Dynamics

Driver: Need for a significant reduction in loss caused by non-revenue water

Water utilities, comprising domestic companies, manage the tasks of the safe and timely distribution of water and other associated services. The companies fall under federal, state, and municipal jurisdiction and are tightly regulated by these bodies. Water utility companies also have stringent operational budgets, which are inadequate for upfront capital investments. The rising complexities of managing water usage, such as increasing regulations, high water bills, aging infrastructures, and tight budgets, continue to escalate, leaving water utilities with a bigger challenge called non-revenue water (NRW) losses. NRW is the difference between the water delivered in a network and the volume finally billed.

According to the International Water Association, globally, non-revenue water, on average, accounts for 30–35% of the total water available for consumption annually. The utilities bear the cost of energy used to pump out non-revenue water and repair leaks. This results in increased operational costs and reduced efficiency. According to the Energy and Water department of the World Bank, water utilities globally lose an estimated USD 14 billion in non-revenue water every year. In the US, the federal government reported losses from leaks, which amount to an estimated 2.1 trillion gallons of NRW per year. According to the World Bank, the total cost to water utilities from NRW worldwide can be conservatively estimated at USD 141 billion per year—one-third of it occurs in developing economies.

Restraint: Lack of government initiatives

In the current scenario, where smart grid investments are picking up pace, water meters are still being ignored when compared with electricity and gas meters. The reason behind this is that governments do not have any regulations or mandates for the installation or use of smart water meters. Smart water metering can pick up if governments support and promote the installation and benefits of these meters to users. Despite the growing need for drinking water infrastructure, the US federal government’s share of capital spending in the water sector fell from 63% in 1977 to 9% of total capital spending in 2017.

Water consumption can be reduced by 35% by installing smart water meters. Also, governments can curb non-revenue water and water wastage by implementing laws for smart water metering infrastructure. Wastewater management and recycling of water also are areas where governments can take steps to make optimal use of water

Opportunities: Replacement of aging infrastructure

Water supply issues persist in developing countries; however, in industrialized countries, the water infrastructure built in the early 20th century has the least potential usage. According to the Environmental Protection Agency (EPA), USD 473 billion investment in drinking water infrastructure will be needed over the next 20 years as aging pipes and storage facilities require upgrades and replacements. The water industry is facing the issue of aging infrastructure as the installed conventional meters have worn out and lack accuracy in meter readings.

According to the Organisation for Economic Co-operation and Development (OECD), the total cumulative infrastructure requirements for roads, telecom, electricity, and water will reach about USD 53 trillion by 2030. These include the replacement of the old infrastructure with new smart technologies. The lack of smart water metering infrastructure limits the ability of water utilities to monitor and control the water distribution network. If the utilities install smart infrastructure, they can reduce their water losses and save up to USD 10.0 billion. In addition, the operational costs can also be reduced. The water-intensive industries are more inclined toward replacing conventional meters with technologically advanced smart water meters, as these meters have higher accuracy.

Challenges: High deployment cost and long payback period

The installation of smart water meters requires high capital investments. There is no government aid provided for the installation of smart water meters. This makes it difficult for water utilities and end users to install smart water meters. Further, water utilities are incapable of making heavy capital expenditures by themselves as they face losses due to non-revenue water, water theft, and leakages. The smart water metering infrastructure requires various components like measuring and sensing devices, real-time communication devices, data management systems, and control tools. All these components increase the total cost of smart water metering.

Utility providers across the world need capital to upgrade their infrastructure. Developing countries with poor infrastructure, such as China, Brazil, and India, also need huge financial support to build and update their infrastructure. Besides, the integration of devices becomes more complicated when the number of customers increases, which further delays smart water meter operations. Even in developed smart water meter markets, such as Italy and Sweden, to make the integration of a new generation of smart water meters profitable, utilities are deploying smart water meters in different phases. The deployment of smart water meters in these countries could be extended until 2030 due to a lack of consumer acceptance of these meters. Due to such a long delay in the realization of ROI, companies refrain from installing smart water meters.

Market Trends

Smart Water Metering Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

AMI segment, by technology, is expected to be the largest market during the forecast period

The AMI segment is expected to be the largest market during the forecast period. The meter data is received by the AMI host system and sent to the Meter Data Management System (MDMS) that manages data storage and analysis to provide the information in a useful form to the utility. A large number of water utilities are upgrading to this technology as the price of advanced meters is gradually becoming comparable to one-way meters. Furthermore, AMI requires less human effort for functioning, which helps in reducing labor costs. As a result, the market penetration of AMI is deemed to be high.

By meter type, the ultrasonic meter is expected to be the fastest growing market for the global smart water metering market during the forecast period

By meter type, the smart water metering market has been segmented into ultrasonic meters, electromagnetic meters, and smart mechanical meters. Ultrasonic meters is expected to be the fastest-growing market during the forecast period with the highest CAGR. These meters have the highest growth rate among the three types of meters considered in this study, as they are appropriate for fitting communication and IoT sensors and offer higher accuracy rates

“Asia Pacific: The fastest smart water metering market”

Asia Pacific is expected to be the fastest-growing region for the global smart water metering market between 2022–2027, followed by North America and Europe. The government is adopting active measures for promoting water metering across the regions under its smart cities program. The growing population along with rising demand from the agricultural sector will further augment the business landscape.

Smart Water Metering Market Size, and Share

Key Market Players

The smart water metering market is dominated by a few major players that have a wide regional presence. The major players in the smart water metering market are Badger Meter, Inc. (US), Sensus (US), Diehl Stiftung & Co. KG (Germany), Aclara Technologies (US), and Itron, Inc. (US). Between 2018 and 2022, the companies adopted growth strategies such as sales contracts to capture a larger share of the smart water metering market.

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Attributes

Details

Market size:

  • USD 3.7 billion in 2022
  • USD 6.4 billion in 2027

Growth Rate:

11.6%

Largest Market:

Asia Pacific

Market Dynamics:

Drivers, Restraints, Opportunities & Challenges

Forecast Period:

2022-2027

Forecast Units:

Value (USD Billion)

Report Coverage:

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered: 

Meter Type, Technology, Component, Application, and Region

Geographies Covered:

Asia Pacific, North America, Europe, Middle East & Africa, and South America

Report Highlights:

 

Updated financial information / product portfolio of players

Key Market Opportunities:

The replacement of the old infrastructure with new smart technologies

Key Market Drivers:

Need for a significant reduction in loss caused by non-revenue water

This research report categorizes the smart water metering market by meter type, technology, component, application, and region

Based on Meter type:
  • Ultrasonic Meters
  • Electromagnetic Meters
  • Smart Mechanical Meters
Based on technology:
  • AMI
  • AMR
Based on Component:
  • Meter & Accessories
  • IT Solutions
  • Communications
Based on application:
  • Water Utilities
  • Industries
Based on region:
  • Asia Pacific
  • Europe
  • North America
  • Middle East & Africa
  • South America

Recent Developments

  • In June 2021, Itron Inc. partnered with German IoT solutions firm Digimondo to help water utilities improve the management of distribution networks leveraging LoRaWAN
  • In May 2022, Badger Meter, Inc. launched its ModMAG M2000 Electromagnetic flow meter with the BACnet MS/TP communication protocol.
  • In December 2021, Diehl Metering helped the Maltese Utility Water Services Corporation (WSC) to reduce non-revenue water and overcome the challenges of low flow rates and high levels of limescale
  • In July 2019, The City of Safford established a Smart Utility Network by partnering with Sensus. The technologies used in this network are Sensus iPERL residential water meters and the two-way FlexNet communication system.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 21)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
           1.3.1 SMART WATER METERING MARKET, BY METER TYPE: INCLUSIONS AND EXCLUSIONS
           1.3.2 MARKET, BY TECHNOLOGY: INCLUSIONS AND EXCLUSIONS
           1.3.3 MARKET, BY COMPONENT: INCLUSIONS AND EXCLUSIONS
           1.3.4 MARKET, BY APPLICATION: INCLUSIONS AND EXCLUSIONS
    1.4 MARKET SCOPE 
           1.4.1 SMART WATER METERING MARKET SEGMENTATION
           1.4.2 REGIONAL SCOPE
           1.4.3 YEARS CONSIDERED
    1.5 UNITS CONSIDERED 
    1.6 CURRENCY CONSIDERED 
    1.7 LIMITATIONS 
    1.8 STAKEHOLDERS 
    1.9 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 28)
    2.1 RESEARCH DATA 
           FIGURE 1 SMART WATER METERING MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primaries
    2.2 SCOPE 
           FIGURE 2 MAIN METRICS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR SMART WATER METERS
    2.3 MARKET SIZE ESTIMATION 
           2.3.1 BOTTOM-UP APPROACH
                    FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.3.3 DEMAND-SIDE ANALYSIS
                    2.3.3.1 Regional analysis
                    2.3.3.2 Country analysis
                    2.3.3.3 Assumptions for demand side
                    2.3.3.4 Calculations for demand side
           2.3.4 SUPPLY-SIDE ANALYSIS
                    FIGURE 5 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF SMART WATER METERS
                    FIGURE 6 SMART WATER METERING MARKET: SUPPLY-SIDE ANALYSIS
                    2.3.4.1 Supply-side calculations
                    2.3.4.2 Assumptions for supply side
                               FIGURE 7 COMPANY REVENUE ANALYSIS, 2021
           2.3.5 FORECAST
    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 8 DATA TRIANGULATION METHODOLOGY
 
3 EXECUTIVE SUMMARY (Page No. - 41)
    TABLE 1 SMART WATER METERING MARKET SNAPSHOT 
    FIGURE 9 ELECTROMAGNETIC METERS SEGMENT TO HOLD LARGEST SHARE OF MARKET, BY METER TYPE, DURING FORECAST PERIOD 
    FIGURE 10 AMI SEGMENT TO DOMINATE MARKET, BY TECHNOLOGY, DURING FORECAST PERIOD 
    FIGURE 11 METERS & ACCESSORIES TO FORM LARGEST COMPONENT SEGMENT IN MARKET DURING FORECAST PERIOD 
    FIGURE 12 WATER UTILITIES SEGMENT TO LEAD MARKET, BY APPLICATION, DURING FORECAST PERIOD 
    FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN MARKET FROM 2022 TO 2027 
 
4 PREMIUM INSIGHTS (Page No. - 45)
    4.1 ATTRACTIVE OPPORTUNITIES IN SMART WATER METERING MARKET DURING FORECAST PERIOD 
           FIGURE 14 INVESTMENTS IN WATER METERING INFRASTRUCTURE BY WATER UTILITIES TO REDUCE NON-REVENUE WATER EXPECTED TO DRIVE MARKET GROWTH
    4.2 NORTH AMERICAN MARKET, BY TECHNOLOGY AND COUNTRY 
           FIGURE 15 WATER UTILITIES SEGMENT DOMINATED NORTH AMERICAN MARKET IN 2021
    4.3 MARKET, BY METER TYPE 
           FIGURE 16 ELECTROMAGNETIC METERS SEGMENT TO DOMINATE MARKET, BY METER TYPE, IN 2027
    4.4 MARKET, BY COMPONENT 
           FIGURE 17 METERS & ACCESSORIES SEGMENT TO DOMINATE MARKET, BY COMPONENT, DURING FORECAST PERIOD
    4.5 MARKET, BY TECHNOLOGY 
           FIGURE 18 AMI SEGMENT TO DOMINATE MARKET, BY TECHNOLOGY, IN 2027
    4.6 MARKET, BY APPLICATION 
           FIGURE 19 WATER UTILITIES SEGMENT TO DOMINATE MARKET, BY APPLICATION, IN 2027
    4.7 MARKET, BY REGION 
           FIGURE 20 ASIA PACIFIC MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 49)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 21 SMART WATER METERING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Need for significant reduction in loss caused by non-revenue water
                               FIGURE 22 PERCENTAGE OF NON-REVENUE WATER OBSERVED BY WATER UTILITIES ACROSS COUNTRIES, 2021
                    5.2.1.2 Need for smart water metering to optimize water consumption
                               FIGURE 23 URBAN AND RURAL POPULATION TRENDS (2015–2021)
                    5.2.1.3 Need for accuracy in billing
                    5.2.1.4 Increasing adoption of smart water meters in US and Europe
           5.2.2 RESTRAINTS
                    5.2.2.1 Lack of government initiatives
                    5.2.2.2 Lack of awareness and acceptance by end users
                    5.2.2.3 Reduced shelf-life of smart water meters
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Replacement of aging infrastructure
                    5.2.3.2 Digitalization of water industry operations
                    5.2.3.3 Integration of IoT, artificial intelligence, and machine learning technologies into smart water meters
                    5.2.3.4 Increasing focus of developing countries on improving water distribution networks and water management practices
                               TABLE 2 WATER AND WASTEWATER TREATMENT PROJECTS IN INDIA
           5.2.4 CHALLENGES
                    5.2.4.1 High deployment cost and long payback period
                    5.2.4.2 Lack of interoperability and availability of inexpensive digital upgrades
                    5.2.4.3 Maintenance, security, and integrity of smart water meters and associated data, along with requirement for skilled professionals
                    5.2.4.4 Halted smart city projects due to pandemic outbreak
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
           5.3.1 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR SMART WATER METERING PROVIDERS
                    FIGURE 24 REVENUE SHIFT FOR SMART WATER METERING PROVIDERS
    5.4 MARKET MAP 
           FIGURE 25 MARKET MAP: MARKET
           TABLE 3 MARKET: ROLE IN ECOSYSTEM
    5.5 VALUE CHAIN ANALYSIS 
           FIGURE 26 VALUE CHAIN ANALYSIS: MARKET
           5.5.1 RAW MATERIAL/COMPONENT SUPPLIERS
           5.5.2 SMART WATER METER MANUFACTURERS
           5.5.3 SOLUTION/SERVICE PROVIDERS AND SYSTEM INTEGRATORS
           5.5.4 DISTRIBUTORS AND POST-SALES SERVICE PROVIDERS
           5.5.5 END USERS
    5.6 KEY CONFERENCES AND EVENTS, 2022–2024 
           TABLE 4 SMART WATER METERING MARKET: LIST OF CONFERENCES AND EVENTS
    5.7 CODES AND REGULATIONS 
           5.7.1 CODES AND REGULATIONS RELATED TO SMART WATER METERS
                    TABLE 5 SMART WATER METERS: CODES AND REGULATIONS
           5.7.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 6 GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 7 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 8 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 9 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.8 PATENT ANALYSIS 
           TABLE 11 SMART WATER METERS: INNOVATIONS AND PATENT REGISTRATIONS, JUNE 2016–JUNE 2022
    5.9 PORTER’S FIVE FORCES ANALYSIS 
           FIGURE 27 MARKET: PORTER’S FIVE FORCES ANALYSIS
           TABLE 12 MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.9.1 THREAT OF SUBSTITUTES
           5.9.2 BARGAINING POWER OF SUPPLIERS
           5.9.3 BARGAINING POWER OF BUYERS
           5.9.4 THREAT OF NEW ENTRANTS
           5.9.5 INTENSITY OF COMPETITIVE RIVALRY
    5.10 CASE STUDY ANALYSIS 
           5.10.1 MIDWESTERN UNIVERSITY IMPROVED SUSTAINABILITY WITH ELECTROMAGNETIC METERS
                    5.10.1.1 Problem statement
                    5.10.1.2 Solution
           5.10.2 SMART WATER METERS OVERCOME CHALLENGE AT BELLA VISTA PROPERTY OWNERS ASSOCIATION
                    5.10.2.1 Problem statement
                    5.10.2.2 Solution
           5.10.3 KAMSTRUP HELPS REVERSE WATER LOSS IN RURAL MUNICIPALITY IN ONEIDA, TENNESSEE
                    5.10.3.1 Problem statement
                    5.10.3.2 Solution
           5.10.4 SMART WATER SYSTEM HELPS MONROE, LOUISIANA, TO IDENTIFY INDIVIDUAL LEAKING HOUSES AFTER WINTER STORMS
                    5.10.4.1 Problem statement
                    5.10.4.2 Solution
    5.11 TECHNOLOGY ANALYSIS 
    5.12 TRADE DATA 
                    FIGURE 28 GLOBAL IMPORT AND EXPORT SCENARIO FOR HS CODE 9026, 2018–2021 (USD BILLION)
                    TABLE 13 GLOBAL TRADE DATA FOR HS CODE 9026, 2018–2021 (USD MILLION)
                    FIGURE 29 GLOBAL IMPORT AND EXPORT SCENARIO FOR HS CODE 902810, 2018–2021 (USD BILLION)
                    TABLE 14 GLOBAL TRADE DATA FOR HS CODE 902820, 2018–2021 (USD MILLION)
                    FIGURE 30 GLOBAL IMPORT AND EXPORT SCENARIO FOR HS CODE 902890, 2018–2021 (USD BILLION)
                    TABLE 15 GLOBAL TRADE DATA FOR HS CODE 902890, 2018–2021 (USD MILLION)
    5.13 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 31 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS, BY END-USE INDUSTRY
                    TABLE 16 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS, BY END-USE INDUSTRY (%)
           5.13.2 BUYING CRITERIA
                    FIGURE 32 KEY BUYING CRITERIA FOR END-USE INDUSTRY
                    TABLE 17 KEY BUYING CRITERIA, BY END-USE INDUSTRY
    5.14 AVERAGE SELLING PRICE TREND 
                    FIGURE 33 AVERAGE SELLING PRICES OF DIFFERENT TYPES OF METERS OFFERED BY KEY PLAYERS
                    TABLE 18 AVERAGE SELLING PRICES FOR DIFFERENT TYPES OF SMART WATER METERS OFFERED BY KEY PLAYERS (USD), 2021
 
6 SMART WATER METERING MARKET, BY APPLICATION (Page No. - 80)
    6.1 INTRODUCTION 
           FIGURE 34 WATER UTILITIES SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2021
           TABLE 19 MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
    6.2 WATER UTILITIES 
           6.2.1 SIGNIFICANT DEVELOPMENTS IN SMART METERING INFRASTRUCTURE TO DRIVE GROWTH
                    TABLE 20 WATER UTILITIES: MARKET, BY REGION, 2020–2027 (USD MILLION)
    6.3 INDUSTRIES 
           6.3.1 GROWING FOCUS ON REDUCING EXPENDITURE DUE TO WATER LOSSES TO SPUR GROWTH
                    TABLE 21 INDUSTRIES: MARKET, BY REGION, 2020–2027 (USD MILLION)
 
7 SMART WATER METERING MARKET, BY COMPONENT (Page No. - 83)
    7.1 INTRODUCTION 
           FIGURE 35 METERS & ACCESSORIES SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2021
           TABLE 22 MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
    7.2 METERS & ACCESSORIES 
           7.2.1 TECHNOLOGICAL INNOVATIONS IN METERING DEVICES TO PROPEL GROWTH
                    TABLE 23 METERS & ACCESSORIES: MARKET, BY REGION, 2020–2027 (USD MILLION)
    7.3 IT SOLUTIONS 
           7.3.1 INCREASING DEMAND FOR DATA MANAGEMENT SOFTWARE TO DRIVE GROWTH
                    TABLE 24 IT SOLUTIONS: MARKET, BY REGION, 2020–2027 (USD MILLION)
    7.4 COMMUNICATIONS 
           7.4.1 CONTINUOUS UPGRADES IN COMMUNICATION NETWORKS TO SUPPORT GROWTH
                    TABLE 25 COMMUNICATIONS: MARKET, BY REGION, 2020–2027 (USD MILLION)
 
8 SMART WATER METERING MARKET, BY METER TYPE (Page No. - 87)
    8.1 INTRODUCTION 
           FIGURE 36 ELECTROMAGNETIC METERS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2021
           TABLE 26 MARKET, BY METER TYPE, 2020–2027 (USD MILLION)
    8.2 ELECTROMAGNETIC METERS 
           8.2.1 ELECTROMAGNETIC METERS OFFER INCREASED ACCURACY LEVEL IN WATER TRACKING
                    TABLE 27 ELECTROMAGNETIC METERS: MARKET, BY REGION, 2020–2027 (USD MILLION)
    8.3 ULTRASONIC METERS 
           8.3.1 ULTRASONIC METERS OFFER EFFICIENT DETECTION OF LEAKS, BURSTS, AND REVERSE FLOW
                    TABLE 28 ULTRASONIC METERS: MARKET, BY REGION, 2020–2027 (USD MILLION)
    8.4 SMART MECHANICAL METERS 
           8.4.1 LOW COST OF MECHANICAL METERS TO CREATE GROWTH OPPORTUNITIES IN DEVELOPING COUNTRIES
                    TABLE 29 SMART MECHANICAL METERS: MARKET, BY REGION, 2020–2027 (USD MILLION)
 
9 SMART WATER METERING MARKET, BY TECHNOLOGY (Page No. - 91)
    9.1 INTRODUCTION 
           FIGURE 37 AMI SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2021
           TABLE 30 MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
    9.2 AMR 
           9.2.1 AMR ENABLES REDUCED MANUAL INTERVENTION FOR DATA COLLECTION
                    TABLE 31 AMR: MARKET, BY REGION, 2020–2027 (USD MILLION)
    9.3 AMI 
           9.3.1 INCREASE IN RELIABILITY OF AMI COMMUNICATION INFRASTRUCTURE TO DRIVE GROWTH
                    TABLE 32 AMI: MARKET, BY REGION, 2020–2027 (USD MILLION)
 
10 SMART WATER METERING MARKET, BY REGION (Page No. - 94)
     10.1 INTRODUCTION 
               FIGURE 38 REGIONAL SNAPSHOT: GROWING MARKETS ARE EMERGING AS NEW HOT SPOTS
               FIGURE 39 NORTH AMERICA: LARGEST MARKET (2021)
               TABLE 33 MARKET, BY REGION, 2020–2027 (USD MILLION)
               TABLE 34 MARKET, BY REGION, 2020–2027 (MILLION UNITS)
     10.2 NORTH AMERICA 
               FIGURE 40 NORTH AMERICA: MARKET SNAPSHOT, 2021
               TABLE 35 NORTH AMERICA: MARKET, BY METER TYPE, 2020–2027 (USD MILLION)
               TABLE 36 NORTH AMERICA: MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
               TABLE 37 NORTH AMERICA: MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
               TABLE 38 NORTH AMERICA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
               TABLE 39 NORTH AMERICA: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
             10.2.1 US
                       10.2.1.1 Focus on improving water infrastructure to drive growth
                                   TABLE 40 US: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.2.2 CANADA
                       10.2.2.1 Increased deployment of smart water meters to propel growth
                                   TABLE 41 CANADA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.2.3 MEXICO
                       10.2.3.1 New infrastructural development and installation of smart water meters to boost growth
                                   TABLE 42 MEXICO: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
     10.3 EUROPE 
               TABLE 43 EUROPE: MARKET, BY METER TYPE, 2020–2027 (USD MILLION)
               TABLE 44 EUROPE: MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
               TABLE 45 EUROPE: MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
               TABLE 46 EUROPE: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
               TABLE 47 EUROPE: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
             10.3.1 GERMANY
                       10.3.1.1 Focus on reducing NRW by deploying smart water metering infrastructure to drive growth
                                   TABLE 48 GERMANY: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.3.2 FRANCE
                       10.3.2.1 Government focus on replacing old water meters with smart water meters to drive growth
                                   TABLE 49 FRANCE: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.3.3 UK
                       10.3.3.1 Water utilities in UK plan to install 100% smart water meters by 2030
                                   TABLE 50 UK: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.3.4 NETHERLANDS
                       10.3.4.1 Installation of new water meters by water utilities to drive growth
                                   TABLE 51 NETHERLANDS: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.3.5 DENMARK
                       10.3.5.1 Water utilities in Denmark increasingly focusing on early leak detection
                                   TABLE 52 DENMARK: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.3.6 REST OF EUROPE
                       TABLE 53 REST OF EUROPE: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
     10.4 ASIA PACIFIC 
               FIGURE 41 ASIA PACIFIC: MARKET SNAPSHOT, 2021
               TABLE 54 ASIA PACIFIC: MARKET, BY METER TYPE, 2020–2027 (USD MILLION)
               TABLE 55 ASIA PACIFIC: MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
               TABLE 56 ASIA PACIFIC: MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
               TABLE 57 ASIA PACIFIC: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
               TABLE 58 ASIA PACIFIC: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
             10.4.1 CHINA
                       10.4.1.1 Demand for robust water management systems increasing in China due to rapid urbanization
                                   TABLE 59 CHINA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.4.2 JAPAN
                       10.4.2.1 Large investments for expanding communication networks to drive growth
                                   TABLE 60 JAPAN: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.4.3 MALAYSIA
                       10.4.3.1 High levels of NRW in Malaysia to create opportunities for market growth
                                   TABLE 61 MALAYSIA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.4.4 AUSTRALIA
                       10.4.4.1 Water scarcity issues resulting in rapid installation of smart water meters to manage water consumption
                                   TABLE 62 AUSTRALIA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.4.5 INDIA
                       10.4.5.1 Municipalities in India focusing on managing water and wastewater by installing smart water meters
                                   TABLE 63 INDIA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.4.6 REST OF ASIA PACIFIC
                       TABLE 64 REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
     10.5 SOUTH AMERICA 
               TABLE 65 SOUTH AMERICA: MARKET, BY METER TYPE, 2020–2027 (USD MILLION)
               TABLE 66 SOUTH AMERICA: MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
               TABLE 67 SOUTH AMERICA: MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
               TABLE 68 SOUTH AMERICA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
               TABLE 69 SOUTH AMERICA: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
             10.5.1 BRAZIL
                       10.5.1.1 Demand for smart water meters increasing in Brazil for solving water scarcity issues
                                   TABLE 70 BRAZIL: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.5.2 ARGENTINA
                       10.5.2.1 Smart water meter use can solve increasing water theft challenges in Argentina
                                   TABLE 71 ARGENTINA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.5.3 URUGUAY
                       10.5.3.1 Infrastructural development for water metering to support growth
                                   TABLE 72 URUGUAY: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.5.4 REST OF SOUTH AMERICA
                       TABLE 73 REST OF SOUTH AMERICA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
     10.6 MIDDLE EAST & AFRICA 
               TABLE 74 MIDDLE EAST & AFRICA: MARKET, BY METER TYPE, 2020–2027 (USD MILLION)
               TABLE 75 MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION)
               TABLE 76 MIDDLE EAST & AFRICA: MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
               TABLE 77 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
               TABLE 78 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
             10.6.1 SAUDI ARABIA
                       10.6.1.1 Focus on establishing smart metering infrastructure to drive growth
                                   TABLE 79 SAUDI ARABIA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.6.2 UAE
                       10.6.2.1 UAE witnessing wide adoption of smart water meters to improve water operations and billing accuracy
                                   TABLE 80 UAE: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.6.3 ISRAEL
                       10.6.3.1 Increasing adoption rate of automation technologies by water utilities to drive growth
                                   TABLE 81 ISRAEL: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.6.4 SOUTH AFRICA
                       10.6.4.1 Initiatives for implementing smart infrastructure technologies to boost growth
                                   TABLE 82 SOUTH AFRICA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.6.5 EGYPT
                       10.6.5.1 Water metering infrastructural projects to drive growth
                                   TABLE 83 EGYPT: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
             10.6.6 REST OF MIDDLE EAST & AFRICA
                       TABLE 84 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
 
11 COMPETITIVE LANDSCAPE (Page No. - 120)
     11.1 KEY PLAYER STRATEGIES 
               TABLE 85 REVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF SMART WATER METERS
     11.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2021 
               FIGURE 42 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS IN MARKET, 2021
               TABLE 86 MARKET: DEGREE OF COMPETITION
     11.3 MARKET SHARE ANALYSIS, 2021 
     11.4 FIVE-YEAR COMPANY REVENUE ANALYSIS 
               FIGURE 43 REVENUE ANALYSIS OF TOP 5 PLAYERS IN MARKET FROM 2017 TO 2021
     11.5 COMPANY EVALUATION MATRIX/QUADRANT 
             11.5.1 STARS
             11.5.2 PERVASIVE PLAYERS
             11.5.3 EMERGING LEADERS
             11.5.4 PARTICIPANTS
                       FIGURE 44 MARKET (GLOBAL): KEY COMPANY EVALUATION MATRIX, 2021
     11.6 START-UP/SME EVALUATION QUADRANT 
             11.6.1 PROGRESSIVE COMPANIES
             11.6.2 RESPONSIVE COMPANIES
             11.6.3 DYNAMIC COMPANIES
             11.6.4 STARTING BLOCKS
                       FIGURE 45 MARKET: START-UP/SME EVALUATION QUADRANT, 2021
     11.7 COMPETITIVE BENCHMARKING 
               TABLE 87 MARKET: DETAILED LIST OF KEY START-UPS/SMES
               TABLE 88 MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY APPLICATION
               TABLE 89 MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY METER TYPE
               TABLE 90 MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY TECHNOLOGY
               TABLE 91 MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY REGION
     11.8 MARKET: COMPANY FOOTPRINT 
               TABLE 92 METER TYPE: COMPANY FOOTPRINT
               TABLE 93 TECHNOLOGY: COMPANY FOOTPRINT
               TABLE 94 APPLICATION: COMPANY FOOTPRINT
               TABLE 95 REGION: COMPANY FOOTPRINT
               TABLE 96 COMPANY FOOTPRINT
     11.9 COMPETITIVE SCENARIO 
               TABLE 97 MARKET: KEY NEW PRODUCT LAUNCHES
               TABLE 98 MARKET: KEY DEALS
               TABLE 99 MARKET: OTHER KEY DEVELOPMENTS
 
12 COMPANY PROFILES (Page No. - 135)
(Business overview, Products/services/solutions offered, Recent developments & MnM View)*
     12.1 KEY PLAYERS 
             12.1.1 BADGER METER, INC.
                       TABLE 100 BADGER METER, INC.: COMPANY OVERVIEW
                       FIGURE 46 BADGER METER, INC.: COMPANY SNAPSHOT
                       TABLE 101 BADGER METER, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 102 BADGER METER, INC.: PRODUCT LAUNCHES
                       TABLE 103 BADGER METER, INC.: DEALS
             12.1.2 SENSUS
                       TABLE 104 SENSUS: COMPANY OVERVIEW
                       TABLE 105 SENSUS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 106 SENSUS: DEALS
                       TABLE 107 SENSUS: OTHER DEVELOPMENTS
             12.1.3 DIEHL STIFTUNG & CO. KG
                       TABLE 108 DIEHL STIFTUNG & CO. KG: COMPANY OVERVIEW
                       TABLE 109 DIEHL STIFTUNG & CO. KG: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 110 DIEHL STIFTUNG & CO. KG: OTHER DEVELOPMENTS
             12.1.4 ACLARA TECHNOLOGIES
                       TABLE 111 ACLARA TECHNOLOGIES: COMPANY OVERVIEW
                       TABLE 112 ACLARA TECHNOLOGIES: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 113 ACLARA TECHNOLOGIES: OTHER DEVELOPMENTS
             12.1.5 ITRON INC.
                       TABLE 114 ITRON INC.: COMPANY OVERVIEW
                       FIGURE 47 ITRON INC.: COMPANY SNAPSHOT
                       TABLE 115 ITRON INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 116 ITRON INC.: DEALS
                       TABLE 117 ITRON INC.: OTHER DEVELOPMENTS
             12.1.6 KAMSTRUP A/S
                       TABLE 118 KAMSTRUP A/S: COMPANY OVERVIEW
                       TABLE 119 KAMSTRUP A/S: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 120 KAMSTRUP A/S: DEALS
                       TABLE 121 KAMSTRUP A/S: OTHER DEVELOPMENTS
             12.1.7 LANDIS+GYR
                       TABLE 122 LANDIS+GYR: COMPANY OVERVIEW
                       FIGURE 48 LANDIS+GYR: COMPANY SNAPSHOT
                       TABLE 123 LANDIS+GYR: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 124 LANDIS+GYR: DEALS
                       TABLE 125 LANDIS+GYR: OTHER DEVELOPMENTS
             12.1.8 HONEYWELL INTERNATIONAL
                       TABLE 126 HONEYWELL INTERNATIONAL: COMPANY OVERVIEW
                       FIGURE 49 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT
                       TABLE 127 HONEYWELL INTERNATIONAL: PRODUCTS/SERVICES/SOLUTIONS OFFERED
             12.1.9 B METERS SRL
                       TABLE 128 B METERS SRL: COMPANY OVERVIEW
                       TABLE 129 B METERS SRL: PRODUCTS/SERVICES/SOLUTIONS OFFERED
             12.1.10 ARAD GROUP
                       TABLE 130 ARAD GROUP: COMPANY OVERVIEW
                       TABLE 131 ARAD GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
             12.1.11 ZENNER INTERNATIONAL GMBH & CO. KG
                       TABLE 132 ZENNER INTERNATIONAL GMBH & CO. KG: COMPANY OVERVIEW
                       TABLE 133 ZENNER INTERNATIONAL GMBH & CO. KG: PRODUCTS/SERVICES/SOLUTIONS OFFERED
             12.1.12 NEPTUNE TECHNOLOGY GROUP
                       TABLE 134 NEPTUNE TECHNOLOGY GROUP: COMPANY OVERVIEW
                       TABLE 135 NEPTUNE TECHNOLOGY GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 136 NEPTUNE TECHNOLOGY GROUP: PRODUCT LAUNCHES
             12.1.13 ISKRAEMECO GROUP
                       TABLE 137 ISKRAEMECO GROUP: COMPANY OVERVIEW
                       TABLE 138 ISKRAEMECO GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
                       TABLE 139 ISKRAEMECO GROUP: PRODUCT LAUNCHES
                       TABLE 140 ISKRAEMECO GROUP: DEALS
                       TABLE 141 ISKRAEMECO GROUP: OTHER DEVELOPMENTS
             12.1.14 SAGEMCOM
                       TABLE 142 SAGEMCOM: COMPANY OVERVIEW
                       TABLE 143 SAGEMCOM: PRODUCTS/SERVICES/SOLUTIONS OFFERED
             12.1.15 WASION GROUP
                       TABLE 144 WASION GROUP: COMPANY OVERVIEW
                       FIGURE 50 WASION GROUP: COMPANY SNAPSHOT
                       TABLE 145 WASION GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
*Details on Business overview, Products/services/solutions offered, Recent developments & MnM View might not be captured in case of unlisted companies.
     12.2 OTHER PLAYERS 
             12.2.1 WATERTECH S.P.A.
             12.2.2 BAYLAN WATER METERS
             12.2.3 WEGOT UTILITY SOLUTIONS
             12.2.4 APATOR S.A.
             12.2.5 STMICROELECTRONICS N.V.
 
13 ADJACENT AND RELATED MARKETS (Page No. - 176)
     13.1 INTRODUCTION 
     13.2 LIMITATIONS 
     13.3 SMART WATER METERS: INTERCONNECTED MARKETS 
     13.4 SMART METERS MARKET 
             13.4.1 MARKET DEFINITION
             13.4.2 LIMITATIONS
             13.4.3 MARKET OVERVIEW
             13.4.4 SMART METERS MARKET, BY TYPE
                       13.4.4.1 Smart electric meters
                                   TABLE 146 SMART METERS MARKET FOR ELECTRIC METERS, BY REGION, 2019–2026 (USD MILLION)
                       13.4.4.2 Smart gas meters
                                   TABLE 147 SMART METERS MARKET FOR GAS METERS, BY REGION, 2019–2026 (USD MILLION)
             13.4.5 SMART METERS MARKET, BY COMMUNICATION
                       TABLE 148 SMART METERS MARKET, BY COMMUNICATION, 2019–2026 (USD MILLION)
                       13.4.5.1 RF
                                   TABLE 149 RF: SMART METERS MARKET, BY REGION, 2019–2026 (USD MILLION)
                       13.4.5.2 PLC
                                   TABLE 150 PLC: SMART METERS MARKET, BY REGION, 2019–2026 (USD MILLION)
                       13.4.5.3 Cellular
                                   TABLE 151 CELLULAR: SMART METERS MARKET, BY REGION, 2019–2026 (USD MILLION)
             13.4.6 SMART METERS MARKET, BY COMPONENT
                       TABLE 152 SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
                       13.4.6.1 Hardware
                                   TABLE 153 SMART METERS MARKET FOR HARDWARE, BY REGION, 2019–2026 (USD MILLION)
                       13.4.6.2 Software
                                   TABLE 154 SMART METERS MARKET FOR SOFTWARE, BY REGION, 2019–2026 (USD MILLION)
             13.4.7 SMART METERS MARKET, BY REGION
                       TABLE 155 SMART METERS MARKET, BY REGION, 2019–2026 (USD MILLION)
     13.5 US WATER METERS MARKET 
             13.5.1 MARKET DEFINITION
             13.5.2 LIMITATIONS
             13.5.3 MARKET OVERVIEW
             13.5.4 US WATER METERS MARKET, BY PRODUCT
                       TABLE 156 US WATER METERS MARKET SIZE, BY PRODUCT, 2016–2026 (USD MILLION)
             13.5.5 US WATER METERS MARKET, BY APPLICATION
                       TABLE 157 US WATER METERS MARKET SIZE, BY APPLICATION, 2016–2026 (USD MILLION)
 
14 APPENDIX (Page No. - 186)
     14.1 INSIGHTS FROM INDUSTRY EXPERTS 
     14.2 DISCUSSION GUIDE 
     14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.4 CUSTOMIZATION OPTIONS 
     14.5 RELATED REPORTS 
     14.6 AUTHOR DETAILS 

The study involved major activities in estimating the current size of the smart water metering market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

This research study on the smart water metering market involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg, Businessweek, Factiva, International Energy Agency, and BP Statistical Review of World Energy, to identify and collect information useful for a technical, market-oriented, and commercial study of the global market. The other secondary sources included annual reports, press releases, and investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research

The smart water metering market comprises several stakeholders such as smart water meters manufacturers, manufacturers of components of smart water metering infrastructure, technology providers, and technology support providers in the supply chain. The demand side of this market is characterized by the rising demand for smart water meters in the nations to reduce the non-revenue water losses. The supply side is characterized by rising demand for contracts from the distribution utilities, and mergers and acquisitions among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Smart Water Metering Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the smart water metering market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research, and their market share in the respective regions have been determined through both primary and secondary research.
  • The industry’s value chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Global Smart water metering Market Size: Bottom-up Approach

Smart Water Metering Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, the data triangulation and market breakdown processes have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand- and supply sides. Along with this, the market has been validated using both the top-down and bottom-up approaches.

Objectives of the Study

  • To define, describe, segment, and forecast the smart water metering market size, by technology, meter type, component, and application
  • To provide detailed information on the major drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the market
  • To strategically analyze the market with respect to individual growth trends, prospects, and contributions of each segment to the market
  • To analyze market opportunities for stakeholders and provide a detailed competitive landscape for market leaders
  • To forecast the revenue of the market segments with respect to five main regions (along with countries), namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa
  • To strategically profile key players and comprehensively analyze their market ranking and core competencies
  • To track and analyze competitive developments such as new product developments, contracts & agreements, investments & expansions, and mergers & acquisitions in the smart water metering market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:

Geographic Analysis

  • Further breakdown of region or country-specific analysis

Company Information

  • Detailed analyses and profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization

Instant Answers with GPT - Ask Now!

Ask real questions. Get complete answers !
Report Code
EP 4266
Published ON
Dec, 2022
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Smart Water Metering Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback