LONDON, July 16, 2015 /PRNewswire/ -- About smart water meters
Smart water meters are similar to conventional mechanical water meters except that they are connected to a data logger for continuous monitoring of water consumption. Smart water meters provide real-time information or sufficient data points that allows consumers to understand and monitor water consumption. They also help utilities manage the water networks efficiently and provide better customer service as peak periods of water usage can be accurately determined by the data provided by smart water meters. Pulses are created in the smart water meter by the water consumption event; for instance, the use of a washing machine is logged by the data logger in a pre-defined frequency. Several user-defined parameters such as flow rate, time, and volume are used to disaggregate the information provided by these pulses and assign them to different water use events.
TechNavio's analysts forecast the global smart water meter market to grow at a CAGR of 14.68 percent over the period 2014-2019.
Covered in this report
The report includes the segmentation of the global smart water meter market on the basis of data collection system, applications and geography.
TechNavio's report, 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the Key vendors ?operating in this market.
Key regions
• Americas
• APAC
• EMEA
Key vendors
• Badger Meter
• Elster Group
• Itron
• Sensus USA
Other prominent vendors
• Aclara Technologies
• Aquiba
• Homerider Systems
• i2O Water
• Kamstrup
• Mueller Systems
• Neptune Technology Group
• Schneider Electric
• Sentec
Market driver
• Increased need to manage water usage
• For a full, detailed list, view our report
Market challenge
• High cost
• For a full, detailed list, view our report
Market trend
• Advances in smart water meter technology
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the Key Market Trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the Key vendors ?in this market space?
• What are the market opportunities and threats faced by the Key vendors ?
• What are the strengths and weaknesses of the Key vendors ?
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Companies Mentioned
Badger Meter, Elster Group, Itron, Sensus USA, Aclara Technologies, Aquiba, Homerider Systems, i2O Water, Kamstrup, Mueller Systems, Neptune Technology Group, Schneider Electric, Sentec
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