Global Smart Water Meter Market Analysis and Forecasts 2018-2025 - Increase In Demand For Smart Water Meters With the Increase In Smart City Initiatives
DUBLIN, Sept 28, 2018 /PRNewswire/ --
The "Smart Water Meter Market to 2025 - Global Analysis and Forecasts by Types; Components; and Applications" report has been added to ResearchAndMarkets.com's offering.
The global Smart Water Meter market is estimated to grow at a CAGR of 12.4% during the forecast period 2018 - 2025 and account for US$ 5,832.0 Mn by the year 2025.
The future market for smart water meter is promising, as the OEMs and other research centers are continually intending to deploy smart and connected technologies for efficient monitoring and operations without any human interference. As a result, technologically enriched sensors systems are being developed, which is expected to attract the significant number of industries in the coming years. The AMR type market is continuously evolving with the introduction of new and innovative products. There is a surge in demand for AMR based smart water meter in type segment. This device provides improved monitoring of water consumption and aims at mitigating the losses of water utility companies.
In our study, we have segmented the smart water meter market by types, components, and end-users. The smart water meters are broadly categorized into two types as Advanced Metering Infrastructure (AMI), and Automated Meter Reading (AMR). Further, the market has been segmented on the basis of components of a smart water meter system into controlling unit; display, storage & integrated software; and others. The end-users for these smart water meters comprise of residential and industrial sectors. On the basis of geography, the Smart Water Meter market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
The market is observing proliferation in the adoption of AMR based devices along with some developed regions preparing for two-way communication-based infrastructure network. Although, AMI sub-segment is projected to represent fastest growth rate, while, the AMR sub-segment due to significant growth rate and high market share is expected to create highest revenue opportunity over the forecast period.
The top companies operating in the field of smart water meter include Sensus, Neptune Technologies, Elster Group GmbH, Aclara Technologies LLC, Badger Meters, Kamstrup, DIEHL Metering Group, ARAD Group, Mueller, Itron, Various other companies are also operating in the market and are coming up with new technologies and offerings which is helping the market for smart water meter to expand over the years in terms of volume as well as revenues.
Key Topics Covered:
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
2. Key Takeaways
3. Smart Water Meter Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Global Smart Water Meter Market - by Types
3.2.2 Global Smart Water Meter Market - by Components
3.2.3 Global Smart Water Meter Market - by End User
3.2.4 Global Smart Water Meter Market - by Geography
3.3 Pest Analysis
4. Smart Water Meter Market - Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Increasing Water Scarcity and Misuse of Water
4.1.2 Non-Revenue Water Monitoring and Control
4.2 Key Market Restraints
4.2.1 High Initial Investment and Lack of Knowledge
4.2.2 Vulnerable To Cyber Attacks
4.3 Key Market Opportunities
4.3.1 Smart Irrigation Systems Through Smart Water Management
4.4 Future Trends
4.4.1 Increase In Demand For Smart Water Meters With the Increase In Smart City Initiatives
4.5 Impact Analysis of Drivers and Restraints
5. Smart Water Meter Market - Global Market Analysis
5.1 Global Smart Water Meter Market Overview
5.2 Global Smart Water Meter Market Forecast and Analysis
6. Smart Water Meter Market Revenue and Forecasts To 2025 - Types
6.1 Overview
6.2 Global Smart Water Meter Market Breakdown, by Types, 2017 & 2025
6.3 Automatic Meter Reader (Amr) Market
6.3.1 Overview
6.3.2 Automatic Meter Reader Market Forecasts and Analysis
6.4 Advanced Metering Infrastructure (Ami) Market
6.4.1 Overview
6.4.2 Advanced Metering Infrastructure Market Forecasts and Analysis
7. Smart Water Meter Market Revenue and Forecasts To 2025 - Components
7.1 Overview
7.2 Global Smart Water Meter Market Breakdown, by Components, 2017 & 2025
7.3 Controlling Unit Market
7.3.1 Overview
7.3.2 Controlling Unit Market Forecasts and Analysis
7.4 Display, Storage & Integrated Software Market
7.4.1 Overview
7.4.2 Display, Storage & Integrated Software Market Forecasts and Analysis
7.5 Others Market
7.5.1 Overview
7.5.2 Others Market Forecasts and Analysis
8. Smart Water Meter Market Revenue and Forecasts To 2025 - End Users
8.1 Overview
8.2 Global Smart Water Meter Market Breakdown, by End Users, 2017 & 2025
8.3 Residential Market
8.3.1 Overview
8.3.2 Residential Market Forecasts and Analysis
8.4 Industrial Market
8.4.1 Overview
8.4.2 Industrial Market Forecasts and Analysis
9. Smart Water Meter Market - Geographical Analysis
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Development
11. Competitive Landscape
11.1 Competitive Product Mapping
11.2 Market Positioning - Global Top 5 Players Ranking
12. Smart Water Meter Market, Key Company Profiles
- ARAD Group
- DIEHL Metering Group.
- Elster
- Kamstrup A/S
- Mueller
- Sensus
- Neptune Technologies
- Badger Meters
- Itron
- Aclara Technologies LLC.
For more information about this report visit https://www.researchandmarkets.com/research/hr46bv/global_smart?w=5
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