Smart Water Meter Market To Flourish And Reach 3,832.0 Mn By 2025
The Global Smart Water Meter market is expected to grow from US$ US$ 1,506.2 Mn in 2017 to US$ 3,832.0 Mn by 2025 at a CAGR of 12.4% between 2018 and 2025.
The majority of the world is facing an acute water scarcity pertaining to various factors such as illegal water tapping, pipeline tampering, and leakage. Other factors including rapid urbanization and aging infrastructure is also a key factor behind water scarcity. Water providers and water utilities are constantly adopting various technologies in order to supply adequate quantity of water to every area, along with reducing the operational costs, managing assets as well as supporting conservation.
The Smart Water Meter Market report give a 360-degree holistic view of the market and highlights the key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. In addition, the report also provides profiles of major companies along with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
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Leading Smart Water Meter Market Players are ARAD Group, DIEHL Metering Group., Elster, Kamstrup A/S, Mueller, Sensus, Neptune Technologies, Badger Meters, Itron, Aclara Technologies LLC
Key findings of the study:
- From a growth perspective, India in the Asia-Pacific region is anticipated to witness a lucrative CAGR growth rate of 8.5% during the forecast period
- Based on end-users, the industrial segment is projected to witness significant lucrative profitable opportunities with projected CAGR growth rate of 12.8%
- Based on type, the advanced metering infrastructure segment is projected to grow with a CAGR of 15.6%
Smart Water Meter Market to 2025 – Global Analysis and forecast is a specialized and in-depth study of the Smart Water Meter industry with a focus on the global market trend. The report provides an overview of global Smart Water Meter Market with detailed market segmentation by product/application and regions. The global Smart Water Meter Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the key players and offers key trends and opportunities in the market.
The Smart Water Meter Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Smart Water Meter Market based on product and application. It also provides market size and forecast till 2025 for overall Smart Water Meter Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America and Central America (SCAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Smart Water Meter Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
GLOBAL SMART WATER METER MARKET SEGMENTATION
Smart Water Meter Market – By Type
- Automatic Meter Reader (AMR)
- Advanced Metering Infrastructure (AMI)
Smart Water Meter Market – By Component
- Controlling Units
- Display, Storage & Integrated Software
Smart Water Meter Market – By End-user
Smart Water Meter Market – By End-user
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