A water meter is a device that is used to measure the volume of water used by residential and commercial building that is supplied with water by a public water supply system. They can also be used at a well, water source or water system to determine the flow of water via a specific portion of the system. Some water meters measure water in gallons while others measure in cubic feet.
This industry is highly fragmented. Most companies are small except for a few large companies. These small businesses have different levels of technical management and production management.
Especially in China, there are as many as 600 production companies in the water meter industry in China, with low industry concentration and fierce competition. And many small companies blindly imitate the products of large enterprises. In the competition, these companies often occupy the market by low prices. Water Meter industry concentration is too low, which can only rely on increasing the supervision of product quality and relying on the continuous purification of the market to gradually solve. With the continuous development of key enterprises in the industry, some small enterprises will gradually withdraw from the Water Meter market. In the Worldwide, the major players of Water Meter, Sensus Metering maintained its first place in the ranking in 2017,followed by Itron and Elster (Honeywell).
According to study, there are two types of Water Meter, including Smart Water Meter and Mechanical Water Meter. The Mechanical Water Meter segment is projected to account for the largest volume share during the forecast period, however, with the acceleration of urbanization process and strengthened the comprehensive utilization of water resources by government, the smart water meter has entered a period of rapid replacement of mechanical water meters. In recent years, the production of smart water meters has been growing at a rate of around 15%, which will greatly meet market demand.
The global Residential Used Water Meters market was valued at 4690 million US$ in 2018 and will reach 7240 million US$ by the end of 2025, growing at a CAGR of 5.6% during 2019-2025.
This report focuses on Residential Used Water Meters volume and value at global level, regional level and company level. From a global perspective, this report represents overall Residential Used Water Meters market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Residential Used Water Meters in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Residential Used Water Meters manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Sensus Metering
Itron
Elster (Honeywell)
Diehl Stiftung & Co. KG
Badger Meter Inc
Ningbo Water Meter Co., Ltd
Zenner International GmbH & Co. KG
Kamstrup Water Metering
Neptune Technology Group (Roper Industries)
Shanchuan Group
Donghai Group
Mueller Water Products
LianLi Water Meter
SUNTRONT Technology
Hunan Changde Water Meter Manufacture Co., Ltd.
Shenzhen Huaxu
Beijing Huiyi
Chongqing Smart Water Meter Group
Lianyungang Water Meter Co., Ltd.
China Minsen Metet Co., Ltd
Integrated Electronic Systems Lab Co., Ltd.
B METERS s.r.l.
Hangzhou Jingda Electronic Co., Ltd.
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Mechanical Water Meter
Smart Water Meter
Segment by Application
City
Rural
Summary:
Get latest Market Research Reports on Residential Used Water Meters. Industry analysis & Market Report on Residential Used Water Meters is a syndicated market report, published as Global Residential Used Water Meters Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Residential Used Water Meters market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.