GLOBAL SMART WATER METER MARKET 2022-2028

 

 

TABLE OF CONTENTS

1. GLOBAL SMART WATER METER MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE SMART WATER METER MARKET

2.2. PARENT MARKET ANALYSIS: SMART METER MARKET

2.3. KEY INSIGHTS

2.3.1. SHRINKING WATER RESOURCES ACROSS THE WORLD

2.3.2. INCREASING FOCUS ON ACCOUNTABILITY OF NON-REVENUE WATER (NRW)

2.3.3. ADVANCED METERING INFRASTRUCTURE (AMI) ANTICIPATED TO PROJECT THE HIGHEST CAGR

2.4. PORTER’S FIVE FORCES ANALYSIS

2.4.1. THREAT OF NEW ENTRANTS

2.4.2. THREAT OF SUBSTITUTES

2.4.3. BARGAINING POWER OF BUYERS

2.4.4. BARGAINING POWER OF SUPPLIERS

2.4.5. THREAT OF COMPETITIVE RIVALRY

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. INDUSTRY COMPONENTS

2.8. KEY STRATEGIC DEVELOPMENTS

2.8.1. MERGERS & ACQUISITIONS

2.8.2. PRODUCT LAUNCHES & DEVELOPMENTS

2.8.3. PARTNERSHIPS & AGREEMENTS

2.9. MARKET DRIVERS

2.9.1. RISING DEMAND FOR SUSTAINABLE WATER SUPPLY ACROSS VARIOUS INDUSTRIES

2.9.2. BENEFITS OFFERED BY SMART WATER METERS

2.10. MARKET CHALLENGES

2.10.1. LIMITED BUDGET ALLOCATION FOR SMART SYSTEMS

2.10.2. HIGH COST OF SMART WATER METER INSTALLATION

2.10.3. OPERATIONAL ISSUES

2.11. MARKET OPPORTUNITIES

2.11.1. EVOLVING SUSTAINABLE WATER MANAGEMENT SYSTEMS

2.11.2. SMART CITY PROJECTS IN THE PIPELINE ACROSS THE WORLD

3. GLOBAL SMART WATER METER MARKET OUTLOOK – BY TECHNOLOGY

3.1. AUTOMATIC METER READING (AMR)

3.2. ADVANCED METERING INFRASTRUCTURE (AMI)

4. GLOBAL SMART WATER METER MARKET OUTLOOK – BY END-USER

4.1. RESIDENTIAL

4.2. COMMERCIAL & INDUSTRIAL

5. GLOBAL SMART WATER METER MARKET – REGIONAL OUTLOOK

5.1. NORTH AMERICA

5.1.1. MARKET BY TECHNOLOGY

5.1.2. MARKET BY END-USERS

5.1.3. COUNTRY ANALYSIS

5.1.3.1. UNITED STATES

5.1.3.2. CANADA

5.2. EUROPE

5.2.1. MARKET BY TECHNOLOGY

5.2.2. MARKET BY END-USERS

5.2.3. COUNTRY ANALYSIS

5.2.3.1. UNITED KINGDOM

5.2.3.2. GERMANY

5.2.3.3. FRANCE

5.2.3.4. SPAIN

5.2.3.5. ITALY

5.2.3.6. REST OF EUROPE

5.3. ASIA-PACIFIC

5.3.1. MARKET BY TECHNOLOGY

5.3.2. MARKET BY END-USERS

5.3.3. COUNTRY ANALYSIS

5.3.3.1. CHINA

5.3.3.2. JAPAN

5.3.3.3. INDIA

5.3.3.4. SOUTH KOREA

5.3.3.5. ASEAN COUNTRIES

5.3.3.6. AUSTRALIA & NEW ZEALAND

5.3.3.7. REST OF ASIA-PACIFIC

5.4. LATIN AMERICA

5.4.1. MARKET BY TECHNOLOGY

5.4.2. MARKET BY END-USERS

5.4.3. COUNTRY ANALYSIS

5.4.3.1. BRAZIL

5.4.3.2. MEXICO

5.4.3.3. REST OF LATIN AMERICA

5.5. MIDDLE EAST AND AFRICA

5.5.1. MARKET BY TECHNOLOGY

5.5.2. MARKET BY END-USERS

5.5.3. COUNTRY ANALYSIS

5.5.3.1. UNITED ARAB EMIRATES

5.5.3.2. SAUDI ARABIA

5.5.3.3. TURKEY

5.5.3.4. SOUTH AFRICA

5.5.3.5. REST OF MIDDLE EAST & AFRICA

6. COMPETITIVE LANDSCAPE

6.1. ACLARA TECHNOLOGIES LLC (ACQUIRED BY HUBBELL INCORPORATED)

6.2. ARAD GROUP

6.3. BADGER METER INC

6.4. DATAMATIC INC

6.5. DIEHL STIFTUNG & CO KG

6.6. MASTER METER INC (ACQUIRED BY ARAD LTD)

6.7. MUELLER WATER PRODUCTS INC

6.8. NEPTUNE TECHNOLOGY GROUP INC

6.9. SENSUS (ACQUIRED BY XYLEM)

6.10. ZENNER INTERNATIONAL GMBH & CO KG

6.11. ELSTER GROUP GMBH

6.12. ICSA (INDIA) LIMITED

6.13. ITRON INC

6.14. KAMSTRUP AS

6.15. LANDIS+GYR AG

7. RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

          

          

TABLE LIST

TABLE 1: GLOBAL SMART WATER METER MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION) 

TABLE 2: VENDOR SCORECARD        

TABLE 3: LIST OF MERGERS & ACQUISITIONS      

TABLE 4: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS   

TABLE 5: LIST OF PARTNERSHIPS & AGREEMENTS       

TABLE 6: 10 COUNTRIES WITH THE HIGHEST % OF THE POPULATION LACKING BASIC ACCESS TO WATER, 2019           

TABLE 7: NUMBER OF PEOPLE NOT HAVING ACCESS TO SAFE WATER IN TOP 10 COUNTRIES, 2017

TABLE 8: GLOBAL SMART WATER METER MARKET, BY TECHNOLOGY OUTLOOK, 2022-2028 (IN $ MILLION)            

TABLE 9: VARIOUS ADVANTAGES OF AMR SYSTEMS     

TABLE 10: GLOBAL SMART WATER METER MARKET, BY END-USER OUTLOOK, 2022-2028 (IN $ MILLION)            

TABLE 11: GLOBAL SMART WATER METER MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)            

TABLE 12: NORTH AMERICA SMART WATER METER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 13: NORTH AMERICA SMART WATER METER MARKET, BY TECHNOLOGY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 14: NORTH AMERICA SMART WATER METER MARKET, BY END-USER OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 15: EUROPE SMART WATER METER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)            

TABLE 16: EUROPE SMART WATER METER MARKET, BY TECHNOLOGY OUTLOOK, 2022-2028 (IN $ MILLION)            

TABLE 17: EUROPE SMART WATER METER MARKET, BY END-USER OUTLOOK, 2022-2028 (IN $ MILLION)            

TABLE 18: ASIA-PACIFIC SMART WATER METER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)            

TABLE 19: ASIA-PACIFIC SMART WATER METER MARKET, BY TECHNOLOGY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 20: ASIA-PACIFIC SMART WATER METER MARKET, BY END-USER OUTLOOK, 2022-2028 (IN $ MILLION)            

TABLE 21: LATIN AMERICA SMART WATER METER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)              

TABLE 22: LATIN AMERICA SMART WATER METER MARKET, BY TECHNOLOGY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 23: LATIN AMERICA SMART WATER METER MARKET, BY END-USER OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 24: MIDDLE EAST AND AFRICA SMART WATER METER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION) 

TABLE 25: MIDDLE EAST AND AFRICA SMART WATER METER MARKET, BY TECHNOLOGY OUTLOOK, 2022-2028 (IN $ MILLION) 

TABLE 26: MIDDLE EAST AND AFRICA SMART WATER METER MARKET, BY END-USER OUTLOOK, 2022-2028 (IN $ MILLION) 

          

          

FIGURE LIST

FIGURE 1: PROCESS FLOW OF SMART WATER METERS

FIGURE 2: MARKET ATTRACTIVENESS INDEX      

FIGURE 3: INDUSTRY COMPONENTS – SMART METERS

FIGURE 4: TYPES OF SMART METERS        

FIGURE 5: GLOBAL SMART WATER METER MARKET, TECHNOLOGY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 6: GLOBAL SMART WATER METER MARKET, BY AUTOMATIC METER READING (AMR), 2022-2028 (IN $ MILLION

FIGURE 7: GLOBAL SMART WATER METER MARKET, BY ADVANCED METERING INFRASTRUCTURE (AMI), 2022-2028 (IN $ MILLION)          

FIGURE 8: GLOBAL SMART WATER METER MARKET, BY END-USER OUTLOOK, 2021 & 2028 (IN %)

FIGURE 9: GLOBAL SMART WATER METER MARKET, BY RESIDENTIAL, 2022-2028 (IN $ MILLION)          

FIGURE 10: GLOBAL SMART WATER METER MARKET, BY COMMERCIAL & INDUSTRIAL, 2022-2028 (IN $ MILLION)

FIGURE 11: GLOBAL SMART WATER METER MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 12: UNITED STATES SMART WATER METER MARKET 2022-2028 (IN $ MILLION)

FIGURE 13: CANADA SMART WATER METER MARKET 2022-2028 (IN $ MILLION)     

FIGURE 14: UNITED KINGDOM SMART WATER METER MARKET 2022-2028 (IN $ MILLION)         

FIGURE 15: GERMANY SMART WATER METER MARKET 2022-2028 (IN $ MILLION)

FIGURE 16: FRANCE SMART WATER METER MARKET 2022-2028 (IN $ MILLION)     

FIGURE 17: SPAIN SMART WATER METER MARKET 2022-2028 (IN $ MILLION)

FIGURE 18: ITALY SMART WATER METER MARKET 2022-2028 (IN $ MILLION)

FIGURE 19: REST OF EUROPE SMART WATER METER MARKET 2022-2028 (IN $ MILLION)         

FIGURE 20: CHINA SMART WATER METER MARKET 2022-2028 (IN $ MILLION)

FIGURE 21: JAPAN SMART WATER METER MARKET 2022-2028 (IN $ MILLION)

FIGURE 22: INDIA SMART WATER METER MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: SOUTH KOREA SMART WATER METER MARKET 2022-2028 (IN $ MILLION)      

FIGURE 24: ASEAN COUNTRIES SMART WATER METER MARKET 2022-2028 (IN $ MILLION)         

FIGURE 25: AUSTRALIA & NEW ZEALAND SMART WATER METER MARKET 2022-2028 (IN $ MILLION)     

FIGURE 26: REST OF ASIA-PACIFIC SMART WATER METER MARKET 2022-2028 (IN $ MILLION)          

FIGURE 27: BRAZIL SMART WATER METER MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: MEXICO SMART WATER METER MARKET 2022-2028 (IN $ MILLION)     

FIGURE 29: REST OF LATIN AMERICA SMART WATER METER MARKET 2022-2028 (IN $ MILLION)

FIGURE 30: UNITED ARAB EMIRATES SMART WATER METER MARKET 2022-2028 (IN $ MILLION)          

FIGURE 31: SAUDI ARABIA SMART WATER METER MARKET 2022-2028 (IN $ MILLION)  

FIGURE 32: TURKEY SMART WATER METER MARKET 2022-2028 (IN $ MILLION)     

FIGURE 33: SOUTH AFRICA SMART WATER METER MARKET 2022-2028 (IN $ MILLION)      

FIGURE 34: REST OF MIDDLE EAST & AFRICA SMART WATER METER MARKET 2022-2028 (IN $ MILLION)        

 

 

 

MARKET OUTLOOK

Triton Market Research estimates the global market for smart water meter to progress with a CAGR of 7.65% during the forecast period 2022-2028.

The rising demand for sustainable water supply across various industries is primarily driving the growth of this market. Also, the benefits of smart water meters, such as remote read capability, the accurate billing process, leak detection, etc., are aiding in the growth of the studied market.

However, the high installation cost of smart water meters compared to conventional meters is largely hindering the growth process. Besides, in some regions, lack of capital funding remains a challenge that ultimately affects the adoption of smart water meters. On the bright side, the rising investments in smart city projects, globally, are opening new avenues for the market.

 

 

REGIONAL OUTLOOK

The global smart water meter market spans across North America, Latin America, the Asia-Pacific, Europe, and the Middle East and Africa. Presently, North America leads the global market and is estimated to maintain its position over the forthcoming years.

Various utilities in North America are undertaking projects to replace AMR meters with AMI meters. It is because AMI-based smart metering and associated data analytics solutions allow utilities to remotely shut off valves, detect leaks, and receive intelligent alerts for immediate action. Moreover, factors such as stringent government norms, the rapid development of water infrastructures, and the evolution of smart cities have further driven the smart water meter market in North America.

 

Get more insights into the Smart Water Meter Market:

https://www.tritonmarketresearch.com/reports/smart-water-meter-market

 

COMPETITIVE OUTLOOK

The notable players listed in the smart water meter market include Arad Group, Elster Group GmbH, Datamatic Inc, Master Meter Inc (acquired by Arad Ltd), Sensus (acquired by Xylem), Diehl Stiftung & Co KG, ICSA (India) Limited, Badger Meter Inc, Zenner International GmbH & Co KG, Aclara Technologies LLC (acquired by Hubbell Incorporated), Mueller Water Products Inc, Itron Inc, Landis+Gyr AG, Neptune Technology Group Inc, and Kamstrup AS.

Zenner International GmbH & Co KG develops, produces, and sells measurement technology worldwide. The company’s product portfolio comprises apartment water meters, residential water meters, bulk water meters, hot water meters, and plastic waste meters. It has a vast clientele, including industrial companies, power suppliers & public utilities, wholesalers, and measurement service providers. Also, the company operates in North America, Europe, the Middle East & Africa, and Latin America. It supplies water meters, heat meters, and systems technology in more than 90 countries. Zenner International is headquartered in Germany and was founded in 1903.

 

 

SEGMENTATION

1. ACLARA TECHNOLOGIES LLC (ACQUIRED BY HUBBELL INCORPORATED)

2. ARAD GROUP

3. BADGER METER INC

4. DATAMATIC INC

5. DIEHL STIFTUNG & CO KG

6. MASTER METER INC (ACQUIRED BY ARAD LTD)

7. MUELLER WATER PRODUCTS INC

8. NEPTUNE TECHNOLOGY GROUP INC

9. SENSUS (ACQUIRED BY XYLEM)

10. ZENNER INTERNATIONAL GMBH & CO KG

11. ELSTER GROUP GMBH

12. ICSA (INDIA) LIMITED

13. ITRON INC

14. KAMSTRUP AS

15. LANDIS+GYR AG