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

Key future insights

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

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

By Technology

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

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

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 of 2015–2025. The said research study covers an in-depth analysis of market segments based on technology, end-use application, and a cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights into the key trends followed in the market.

The report also includes competitive profiling of the leading smart water meter vendors, their business strategy analysis, market positioning, and key developments to assist strategic decision-makers. Some of the major players profiled in the report are Landis+GYR, Sensus, Itron Inc., Elster Group GmbH, Aclara Technologies, Arad Group, Badger Meter, Aquila, 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 is discussed. The section also provides an overview of the key business strategies employed by the leading market participants.

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 and 2025
  • Market fuelers, market impediments, and their impact on 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 the following segments:

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

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

On the basis of geography, the global market for smart water meters is segmented into the 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

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 current trend toward water conservation through water monitoring and leakage prevention has aided in the adoption of smart water meters in North America. In addition, the 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 of 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 the growing adoption of smart water metering among water utility companies.

Frequently Asked Questions:

The market for Smart Water Meter Market is expected to reach US$ XX Mn by 2025.

The Smart Water Meter Market is expected to see significant CAGR growth over the coming years, at 16.3%.

The report is forecasted from 2015-2025.

The base year of this report is 2014.

Itron Inc., Elster Group GmbH, Aclara Technologies, Arad Group, Badger Meter, Aquila, Diehl Metering, Enware, Homerider Systems, Kamstrup, Master Meter, KROHNE, Mueller Systems are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jul 2017
Category:  Technology & Media
Report ID:   58582
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
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