Smart water meter is a new type of water metering which uses modern micro electro technology, modern sensor technology, and smart IC card technology. It can not only measure water use, but can transfer water use data and settle trading.
The technical barriers of Smart water meter are low, and the Smart water meter market concentration degree is relatively lower. The manufacturing bases scatter around the world in terms of geography; some of the key players dominating this market are Arad Technologies, Kamstrup, Takahata Precison, Neptune Technology Group, SenTec, Badger Meter, Sensus, and others.
The market for Smart water meter will be majorly driven by civil construction. With the policy support in most countries, more and more real estate business use Smart water meter. With the improvement of people's awareness of energy saving and the industry level, Civil Building will gradually apply Smart water meter system. Smart water meter industry will usher in a huge growth space.
In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the Smart water meter cost will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Smart water meter.
According to this study, over the next five years the Smart Water Meter market will register a 2.8% CAGR in terms of revenue, the global market size will reach US$ 2550 million by 2024, from US$ 2160 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Smart Water Meter business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Water Meter market by product type, application, key manufacturers and key regions and countries.
This study considers the Smart Water Meter value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pre-payment Electricity Meter
Remote Transmitting Water Meter
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
IC Card Water Meter
TM Card Prepayment Water Meter
RF Smart Card Meter
Coded Water Meter
Impulse Type Remote Water Meter
Direct-reading Remote Water Meter
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Arad Technologies
Kamstrup
Takahata Precison
Neptune Technology Group
SenTec
Badger Meter
Sensus
Aquiba
Itron
Elster
Johnson Valves
Datamatic
Sanchuan
Suntront
Integrated Electronic Systems Lab
Chongqing Smart Water Meter
Ningbo Water Meter
Wasion Group
Shenzhen Huaxu
Hunan Changde Water Meter Manufacturing
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Smart Water Meter consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Smart Water Meter market by identifying its various subsegments.
Focuses on the key global Smart Water Meter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Smart Water Meter with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Smart Water Meter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Smart Water Meter . Industry analysis & Market Report on Smart Water Meter is a syndicated market report, published as Global Smart Water Meter Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Smart Water Meter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.