SKU: DEU93 | Published On: Jan 21 2021 | No. of Pages: 180 | Available Formats
Global Smart Water Metering Market is expected to grow at a CAGR of 10.1% during the forecast period (2020-2027)
A smart water meter measures water flow and uses wireless communication to connect to local or wide area networks allowing remote location monitoring and infrastructure maintenance through leakage detection and automatic billing and customer management including detection and countering tampering attempts. Smart meters are battery-powered and thus low-power devices play a crucial role in defining system configurations.
Need for smart water metering to improve water consumption and services focus on reducing nonrevenue water are the driving factors for the growth of the market. The main benefits of the smart water system are the provision of accurate and regular readings to the centralized metering application, freed-up personnel and avoiding a human factor from the data collection, processing, and billing. An additional profit is introduced by the quickly leaks identification which allows preventing substantial water losses or property damages.
Companies are focusing to launch smart water metering solutions to improve water consumption. For instance, The ADD GRUP has introduced smart water prepayment solution with multi-services and features that includes ADD water meter, a shut-off valve, LoRaWAN gateway, a user interface, and a smart measuring system for remote reading and data management. Adding to this, manufacturers are also concentrating on combining IoT concepts with LPWAN communication technology. For instance, WAVIoT has developed integrated solutions for automated metering infrastructure. WAVIoT offers state of the art metering cost-effective solution with extraordinary scalability.
However, Lack of government initiatives is the key restraint hindering market growth globally. One of the most significant barriers to the adoption of advanced water metering systems is the high cost of deployment and the unsuitability of traditional communications systems.
Based on the meter type, the smart water metering market is classified into the mechanical meter, electromagnetic meter, and ultrasonic meter. The ultrasonic meter holds remote reading capabilities without use of any add-on devices. The ultrasonic meter enables efficient detection of leaks, bursts, reverse flows, etc. and thereby lower the amount of Non-Revenue Water in distribution network and prevent revenue loss. Companies are launching smart water meters that related to ultrasonic meters. For instance, Kamstrup has launched flowIQ 2100, flowIQ 3101 ultrasonic smart water meters that suited for commercial and industrial uses. These meters are made of metal and the meter house is fully watertight.
The North America smart water metering market size was worth USD YY million in 2019 and is estimated to reach USD YY million by 2026, at a CAGR of 10.1 during the forecast period. Rising initiatives and campaigns by governmental and non-governmental organizations to save water is fueling industry growth in North America countries like the U.S. and Canada. For instance, The US state of California is one of the leading regions, with cities installing smart water meters to help consumers improve management of water consumption through access to real-time usage data.
Adding to this, Pleasanton City is deploying some 22,000 smart water meters in a USD 7 million initiative whilst the East Valley Water District invested USD 2 million with Equarius Waterworks of Torrance for the supply and installation of smart meters over a period of five years. Furthermore, Key players in North America, particularly in USA, are focusing to extend their market presence. For instance, U.S. water technology company Xylem has bought Sensus USA, a provider of advanced metering technologies to utilities, for around USD 1.7 billion in cash.
The Smart Water Metering market is competitive with existing players in the market. Some of the major players include Landis+Gyr, B Meters, Neptune Technology Group, Aclara Technologies, Datamatic, Badger Meter, Kamstrup, Zenner, Xylem inc and Arad Group.
In July 2019, SMART.MET has launched the prototyping of new smart water metering solutions.
In September 2019, McWane India has launched a new Complete End-to-End Smart Water Metering Solution.
The Smart Water Metering report would provide access to an approx, 69 data tables, 54 figures, and 185 pages.
Table 01 Global Smart Water Metering Market Value, By Application, 2018,2022 & 2027 (USD Million)
Table 02 Global Smart Water Metering Market Value, By Meter Type, 2018,2022 & 2027 (USD Million)
Table 03 Global Smart Water Metering Market Value, By Technology, 2018,2022 & 2027 (USD Million)
Table 04 Global Smart Water Metering Market Value, By Component, 2018,2022 & 2027 (USD Million)
Table 05 Global Smart Water Metering Market Value, By Region, 2018,2022 & 2027 (USD Million)
Table 06 Global Smart Water Metering Market Value, By Application, 2018,2022 & 2027 (USD Million)
Table 07 Global Smart Water Metering Market Value, By Application, 2017-2027 (USD Million)
Table 08 Global Smart Water Metering Market Value, By Meter Type, 2018,2022 & 2027 (USD Million)
Table 09 Global Smart Water Metering Market Value, By Meter Type, 2017-2027 (USD Million)
Table 10 Global Smart Water Metering Market Value, By Technology, 2018,2022 & 2027 (USD Million)
Table 11 Global Smart Water Metering Market Value, By Technology, 2017-2027 (USD Million)
Table 12 Global Smart Water Metering Market Value, By Component, 2018,2022 & 2027 (USD Million)
Table 13 Global Smart Water Metering Market Value, By Component, 2017-2027 (USD Million)
Table 14 Global Smart Water Metering Market Value, By Region, 2018,2022 & 2027 (USD Million)
Table 15 Global Smart Water Metering Market Value, By Region, 2017-2027 (USD Million)
Table 16 North America Smart Water Metering Market Value, By Application, 2017-2027 (USD Million)
Table 17 North America Smart Water Metering Market Value, By Meter Type, 2017-2027 (USD Million)
Table 18 North America Smart Water Metering Market Value, By Technology, 2017-2027 (USD Million)
Table 19 North America Smart Water Metering Market Value, By Component, 2017-2027 (USD Million)
Table 20 North America Smart Water Metering Market Value, By Country, 2017-2027 (USD Million)
Table 21 South America Smart Water Metering Market Value, By Application, 2017-2027 (USD Million)
Table 22 South America Smart Water Metering Market Value, By Meter Type, 2017-2027 (USD Million)
Table 23 South America Smart Water Metering Market Value, By Technology, 2017-2027 (USD Million)
Table 24 South America Smart Water Metering Market Value, By Component, 2017-2027 (USD Million)
Table 25 South America Smart Water Metering Market Value, By Country, 2017-2027 (USD Million)
Table 26 Europe Smart Water Metering Market Value, By Application, 2017-2027 (USD Million)
Table 27 Europe Smart Water Metering Market Value, By Meter Type, 2017-2027 (USD Million)
Table 28 Europe Smart Water Metering Market Value, By Technology, 2017-2027 (USD Million)
Table 29 Europe Smart Water Metering Market Value, By Component, 2017-2027 (USD Million)
Table 30 Europe Smart Water Metering Market Value, By Country, 2017-2027 (USD Million)
Table 31 Asia-Pacific Smart Water Metering Market Value, By Application, 2017-2027 (USD Million)
Table 32 Asia-Pacific Smart Water Metering Market Value, By Meter Type, 2017-2027 (USD Million)
Table 33 Asia-Pacific Smart Water Metering Market Value, By Technology, 2017-2027 (USD Million)
Table 34 Asia-Pacific Smart Water Metering Market Value, By Component, 2017-2027 (USD Million)
Table 35 Asia-Pacific Smart Water Metering Market Value, By Country, 2017-2027 (USD Million)
Table 36 Middle East & Africa Smart Water Metering Market Value, By Application, 2017-2027 (USD Million)
Table 37 Middle East & Africa Smart Water Metering Market Value, By Meter Type, 2017-2027 (USD Million)
Table 38 Middle East & Africa Smart Water Metering Market Value, By Technology, 2017-2027 (USD Million)
Table 39 Middle East & Africa Smart Water Metering Market Value, By Component, 2017-2027 (USD Million)
Table 40 Landis+Gyr: Overview
Table 41 Landis+Gyr: Product Portfolio
Table 42 Landis+Gyr: Key Developments
Table 43 B Meters: Overview
Table 44 B Meters: Product Portfolio
Table 45 B Meters: Key Developments
Table 46 Neptune Technology Group: Overview
Table 47 Neptune Technology Group: Product Portfolio
Table 48 Neptune Technology Group: Key Developments
Table 49 Aclara Technologies: Overview
Table 50 Aclara Technologies: Product Portfolio
Table 51 Aclara Technologies: Key Developments
Table 52 Datamatic: Overview
Table 53 Datamatic: Product Portfolio
Table 54 Datamatic: Key Developments
Table 55 Badger Meter: Overview
Table 56 Badger Meter: Product Portfolio
Table 57 Badger Meter: Key Developments
Table 58 Kamstrup: Overview
Table 59 Kamstrup: Product Portfolio
Table 60 Kamstrup: Key Developments
Table 61 Zenner: Overview
Table 62 Zenner: Product Portfolio
Table 63 Zenner: Key Developments
Table 64 Xylem inc: Overview
Table 65 Xylem inc: Product Portfolio
Table 66 Xylem inc: Key Developments
Table 67 Arad Group: Overview
Table 68 Arad Group: Product Portfolio
Table 69 Arad Group: Key Developments
Figure 01 Global Smart Water Metering Market Share, By Application, 2018 & 2027 (%)
Figure 02 Global Smart Water Metering Market Share, By Meter Type, 2018 & 2027 (%)
Figure 03 Global Smart Water Metering Market Share, By Technology, 2018 & 2027 (%)
Figure 04 Global Smart Water Metering Market Share, By Component, 2018 & 2027 (%)
Figure 05 Global Smart Water Metering Market Share, By Region, 2018 & 2027 (%)
Figure 06 Global Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 07 Global Smart Water Metering Market Y-o-Y Growth, By Application, 2018-2027 (%)
Figure 08 Industrial: Global Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 09 Residential: Global Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 10 Commercial: Global Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 11 Global Smart Water Metering Market Y-o-Y Growth, By Meter Type, 2018-2027 (%)
Figure 12 Mechanical Meter: Global Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 13 Electromagnetic Meter: Global Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 14 Ultrasonic Meter: Global Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 15 Global Smart Water Metering Market Y-o-Y Growth, By Region, 2018-2027 (%)
Figure 16 North America Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 17 North America Smart Water Metering Market Share, By Application, 2018 & 2027 (%)
Figure 18 North America Smart Water Metering Market Share, By Meter Type, 2018 & 2027 (%)
Figure 19 North America Smart Water Metering Market Share, By Technology, 2018 & 2027 (%)
Figure 20 North America Smart Water Metering Market Share, By Component, 2018 & 2027 (%)
Figure 21 North America Smart Water Metering Market Share, By Country, 2018 & 2027 (%)
Figure 22 South America Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 23 South America Smart Water Metering Market Share, By Application, 2018 & 2027 (%)
Figure 24 South America Smart Water Metering Market Share, By Meter Type, 2018 & 2027 (%)
Figure 25 South America Smart Water Metering Market Share, By Technology, 2018 & 2027 (%)
Figure 26 South America Smart Water Metering Market Share, By Component, 2018 & 2027 (%)
Figure 27 South America Smart Water Metering Market Share, By Country, 2018 & 2027 (%)
Figure 28 Europe Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 29 Europe Smart Water Metering Market Share, By Application, 2018 & 2027 (%)
Figure 30 Europe Smart Water Metering Market Share, By Meter Type, 2018 & 2027 (%)
Figure 31 Europe Smart Water Metering Market Share, By Technology, 2018 & 2027 (%)
Figure 32 Europe Smart Water Metering Market Share, By Component, 2018 & 2027 (%)
Figure 33 Europe Smart Water Metering Market Share, By Country, 2018 & 2027 (%)
Figure 34 Asia-Pacific Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 35 Asia-Pacific Smart Water Metering Market Share, By Application, 2018 & 2027 (%)
Figure 36 Asia-Pacific Smart Water Metering Market Share, By Meter Type, 2018 & 2027 (%)
Figure 37 Asia-Pacific Smart Water Metering Market Share, By Technology, 2018 & 2027 (%)
Figure 38 Asia-Pacific Smart Water Metering Market Share, By Component, 2018 & 2027 (%)
Figure 39 Asia-Pacific Smart Water Metering Market Share, By Country, 2018 & 2027 (%)
Figure 40 Middle East & Africa Smart Water Metering Market Value, 2017-2027 (USD Million)
Figure 41 Middle East & Africa Smart Water Metering Market Share, By Application, 2018 & 2027 (%)
Figure 42 Middle East & Africa Smart Water Metering Market Share, By Meter Type, 2018 & 2027 (%)
Figure 43 Middle East & Africa Smart Water Metering Market Share, By Technology, 2018 & 2027 (%)
Figure 44 Middle East & Africa Smart Water Metering Market Share, By Component, 2018 & 2027 (%)
Figure 45 Landis+Gyr: Financials
Figure 46 B Meters: Financials
Figure 47 Neptune Technology Group: Financials
Figure 48 Aclara Technologies: Financials
Figure 49 Datamatic: Financials
Figure 50 Badger Meter: Financials
Figure 51 Kamstrup: Financials
Figure 52 Zenner: Financials
Figure 53 Xylem inc: Financials
Figure 54 Arad Group: Financials
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