Smart Water Meter Market Definition
A smart water meter measures the flow of water and uses wireless communication to associate to local or wide area networks permitting remote location monitoring and infrastructure maintenance over leak detection and automatic billing. Smart meters are battery powered and are low-power devices play a crucial role in major system configurations. Smart metering allows water companies to manage the consumption of water, build a better association with their customers and bill precisely for the amount of water consumed by each household and business.
The market study is broken down by Type (Displacement Meters, Velocity Meters, Electromagnetic Meters and Others) and major geographies with country level splits.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Smart Water Meter market throughout the predicted period.
Aclara Technologies LLC (United States), Arad Group (Israel), Fanna Technology (United Arab Emirates), Master Meter, Inc. (United States), Contazara SA (Spain), Aquiba Pty Ltd. (Australia), B METERS s.r.l. (Italy), Badger Meter, Inc. (United States), Bermad Water Technologies (Australia), Diehl Metering GmbH (Germany), Elster Water Metering (United Kingdom) and Suntront Technology Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Kamstrup A/S (Denmark), Silver Spring Networks, Inc. (United States), Ningbo Water Meter Co., Ltd. (China), MARS Company (United States) and Wasion Group Co., Ltd. (China).
AdvanceMarketAnalytics has segmented the market of Global Smart Water Meter market by Type, Application and Region.
On the basis of geography, the market of Smart Water Meter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Automatic Meter Reading (AMR) will boost the Smart Water Meter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Residential will boost the Smart Water Meter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On June 13, 2018 - Badger Meter, a leading global innovator and manufacturer of flow measurement, control and communications solutions, has announced the launch of its next generation E-Series Ultrasonic meters for commercial applications. The new meters will be available in 3-inch and 4-inch sizes.
- Innovative Technologies and Enabling Solutions Drive Smart Water Metering Deployments
- Several Benefits for Water Utilities from Complete Automation of Operations
- Increasing Adoption among Utilities
- Growing Investments in Digital Solutions by Water Utilities
- Rising Demand for Smart Grids and Energy Efficiency in Developing Countries
- High Cost Related To Smart Water Meter
- Creating Awareness among Consumers Along With Bringing Interoperability
- Inappropriate Installation of Smart Meters
Key Target AudienceManufacturers of Smart Water Meter, Suppliers of Smart Water Meter, Wholesalers, Distributors and Retailers of Smart Water Meter, Regulatory Bodies and Governmental Bodies
Key Finding and Research ObjectivesThe main objective is to emphasise the competitive structure of Smart Water Meter Industry. The research includes study of several small to medium-sized companies that compete with each other and also with the large enterprises. Insights on Regulatory & Economic policies by geography giving ease to Market entry. What product features & benefits offered by Industry players studied and broken down by diverse group of customer class.
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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