The purpose of the report is to illustrate the state of the market of Smart Water Meter, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Smart water meters are electronic devices that are used to read and measure water consumption. These are generally deployed by public water utilities that keep track of water consumption and water sent over the distribution network. Growing needs to reduce water losses through leakages and identify non revenue water, the utilities across the globe are integrating ICT solutions into their operation. This is expected to have positive impact on the overall adoption of smart water metering technologies. In addition, government mandates in several developed economies are promoting rollout of smart water meters for greater accuracy and efficient management of water utilities. These aforementioned factors are expected to contribute towards a compounded annual growth rate (CAGR) of xx.x% during the forecast period 2017 – 2025. Easy integration of residential smart water meters with the smart water network is one of the major factors driving their adoption in the residential segment. The use of smart water has gaining wide acceptance among on account of their ability to help residential owners monitor daily water consumption, identify and repair leakages, and participate in demand response. On the other hand, smart water meter installations also make it extremely easy for water utilities to bill their customers.
Some of the leading players identified in the global smart water meter market include Landis+GYR, Sensus, Itron Inc., Elster Group GmbH, Aclara Technologies, Arad Group, Badger Meter, Aquiba, Diehl Metering, Enware, Homerider Systems, Kamstrup, Master Meter, KROHNE, Mueller Systems, Neptune Technology, and SenTec among others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Smart Water Meter buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Smart Water Meter contains:
Analysis and forecast of Smart Water Meter market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Smart Water Meter market;
Assessment and forecast of Smart Water Meter market development;
Financial and business profiles of the leading companies in the Smart Water Meter industry.
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– Up to date working Smart Water Meter data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Smart Water Meter for the period 2018 to 2026
– Planned Smart Water Meter additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Smart Water Meter projects by region, key countries, and companies
– Details of major planned Smart Water Meter projects in the world up to 2026
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