Smart Water Meter Market Size, Share, Development, Growth and Demand

The global smart water meter market was valued at $839.6 million in 2015 and is expected to witness a CAGR of 11.1% during 2016 – 2025. Positive displacement smart water meters contributed the largest share to the global market in 2015. The global smart water meter market is growing with double digit CAGR owing to increasing demand for optimal use of water. The non-revenue water is one of the major challenges for the water utilities as well as governments. The surging water crisis further elevates the demand for a sustainable solution towards water management. Explore Full Report at: https://www.psmarketresearch.com/market-analysis/smart-water-meter-market

The global smart water meter market was valued at $839.6 million in 2015 and is expected to witness a CAGR of 11.1% during 2016 – 2025. Positive displacement smart water meters contributed the largest share to the global market in 2015. The global smart water meter market is growing with double digit CAGR owing to increasing demand for optimal use of water. The non-revenue water is one of the major challenges for the water utilities as well as governments. The surging water crisis further elevates the demand for a sustainable solution towards water management.

Explore Full Report at: https://www.psmarketresearch.com/market-analysis/smart-water-meter-market

The benefits of smart water meter are propelling its demand across several regions. Middle-East & Africa (MEA) is one of the regions that is expected to grow significantly during the forecast period. The smart water meter market in MEA is lowest among all the regions; however the growing concern for water conservation especially in Middle-East is bolstering the demand of smart water meters during the forecast period. The smart water meter companies such as Kamstrup and Cyan are entering the MEA market owing to the observed growth potential of the region. Iran is among the forerunners in the adoption of smart meters, whereas Saudi Arabia is the largest market in the region.

Some of the key players operating in the global smart water meter market include Badger Meter, Itron, Landis+Gyr, Elster Group, Kamstrup, Aclara Technologies, Sensus, Neptune, Diehl and Acquiba.

The information and data in the publication “Global Smart Water Meter Market Size, Share, Development, Growth and Demand Forecast to 2025” represent the research and analysis of data from various primary and secondary sources. Top down approach has been used to calculate the regional market size, whereas bottom up approach has been used to calculate the market by type and application. P&S Market Research analysts and consultants interact with leading companies of the concerned domain to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.

The key opportunity areas in the smart water meters market include prospects laid by IoT infrastructural development and emergence of Middle-East & Africa as a high-growth market. The smart water meter industry is largely dependent on communication technology. The new era of internet of things (IoT) has been presenting growth opportunity for the smart water meters market. The informed consumers are one of the key reflections of the connected places, including connected cities and connected buildings. The IoT technology has been developing with high magnitude and its impact is being felt in its every application industry. IoT can be significantly helpful in the areas having uncertainty about rain as it maximizes the productive use of rain water. The water infrastructure IoT can improve the water quality of water utilities by helping them towards improvement in water quality, supply, treatment, transportation and storage facilities. IoT can be largely helpful in drought-affected places such as California, the U.S.

Some of the key players operating in the global smart water meter market include Badger Meter, Itron, Landis+Gyr, Elster Group, Kamstrup, Aclara Technologies, Sensus, Neptune, Diehl and Acquiba.

GLOBAL SMART WATER METER MARKET SEGMENTATION
By Type

Positive Displacement
Electromagnetic
Single-jet
Multi-jet
Velocity Flow
Fluidic Oscillator
By Application

Water Utilities
Industrial
Residential
GEOGRAPHICAL SEGMENTATION
By Region

North America
U.S.
Canada
Rest of North America
Latin America
Brazil
Rest of Latin America
Europe
Germany
France
Italy
U.K.
Spain
Rest of Europe
Asia-Pacific
China
Japan
Rest of Asia-Pacific
Middle-East & Africa (MEA)
Saudi Arabia
U.A.E.
Rest of MEA



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