Smart Water Meter Market By Technology (Automated Metering Infrastructure (Ami), Automated Meter Reading (Amr)), By End-Use Application (Residential, Non-Residential) - Growth, Future Prospects, And Competitive Analysis, 2015 -2025

Water wastage due to leakages and illegitimate tapping has been major reasons for water scarcity in several countries.  The use of smart water meters help utilities to easily detect leaks by minimizing the element of human error into readings, thereby reducing water losses considerably. Along with the improving awareness regarding the benefits offered, the installation of smart water meters technology is also becoming easier for utilities that previously were hesitant in investing in smart technology. These aforementioned factors are expected to contribute towards a compounded annual growth rate (CAGR) of 16.3% during the forecast period 2017 – 2025.

Key Future Insights

  • Smart water metering as a service is presumed to gain momentum, offering healthy growth opportunities
  • Price wars is presumed to start among manufacturers as international players face stern competition from cheaper domestic variants
  • Government mandates to remain strong driver of the smart water meter market

 Smart Water Meter Market

The global smart water meter market is classified into following categories:

  • By Technology
    • Automated Metering Infrastructure (AMI)
    • Automated Meter Reading (AMR)
  • By End-use Application
    • Residential
    • Non-residential
  • By Region
    • North America
      • The U.S.
      • Rest of North America
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia-Pacific (APAC)
      • India
      • China
      • Japan
      • Rest of APAC
    • Rest of the World
      • Latin America
      • Middle East and Africa

 Smart Water Meter Market

The research study titled “Global Smart Water Meter Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global smart water meter industry along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on technology, end-use application, and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.

In order to help strategic decision makers, the report also includes competitive profiling of the leading smart water meter vendors, their business strategy analysis, market positioning, and key developments. Some of the major players profiled in the report are Landis+GYR, Sensus, Itron Inc., Elster Group GmbH, Aclara Technologies, Arad Group, Badger Meter, Aquiba, Diehl Metering, Enware, Homerider Systems, Kamstrup, Master Meter, KROHNE, Mueller Systems, Neptune Technology, and SenTec among others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the global smart water meter industry
  • Comparative analysis for different segments for the years 2016 & 2025
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global smart water meter market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

On the basis of technology, the global smart water meter market is categorized into following segments:

  • Automated Metering Infrastructure (AMI)
  • Automated Meter Reading (AMR)

The following figure represents contribution of these technology segments to the global smart water meter market in 2016.

Smart Water Meter Market

In the base year 2016, the Automated Meter Reading (AMR) segment led the overall smart water meters market. The trend is expected to continue as the segment is forecast to register strong gains during the forecast period 2017 – 2025. The growth of the Automated Meter Reading (AMR) segment can be majorly credited to the benefits offered by AMR smart water meters including ability to offer   real time billing information, limiting meter-reading expense and billing errors among others. On the other hand, Automated Metering Infrastructure (AMI) segment is poised to register stronger gains in the coming years. With the advancements in technology, utilities are expected to grow sophisticated in their operations and data analytics. This is where the AMI technology is expected to gain and outperform AMR. The operations including leak detection, pressure testing, hydraulic monitoring, etc. can be carried out more quickly, regularly, and with higher quality assurance using AMI technology.

On the basis of geography, the global smart water meter market is segmented into following regions and countries.

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The following figure represents contribution of different regions to the global smart water meter market in 2016.

Smart Water Meter Market

North America covering the United States and Canada represents the largest smart water meter market closely trailed by Europe and Asia Pacific respectively. As of 2016, the region accounted for over one-third of the global smart water meter market revenue. The prevailing trend towards water conservation through water monitoring and water leakage prevention has been instrumental in driving uptake of smart water meters in North America. In addition, modernization of aging water infrastructure in the region is further expected to support market demand. On the other hand Europe is presumed to register maximum growth during the forecast period 2017 – 2025. The anticipated growth in the region is expected to be driven by rising installations of two-way water meters, strong government support, and growing adoption of smart water metering among water utility companies.

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Published Date:  Jul 2017
Category:  Technology & Media
Report ID:   58582
Report Format:   PDF
Pages:   120
Rating:    4.3 (70)
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