Smart Water Metering Market: Advanced Technologies & Growth Opportunities Worldwide By 2017-2024

Commercial applications of smart water metering market share accounted for over 35% for 2016. Utility & commercial end users realizing the importance of effectively mapping water usage and its conservation, which will help to positively influence the business landscape.

Smart water metering market from residential applications is projected to surpass 90 million units by 2024 owing to rising demand for accuracy and transparency in billing. This product has witnessed high demand due to its convenience in effective tracking of water consumption, and help in reducing water and financial losses.

" Global Smart Water Metering Market is set to grow over 9% exceed USD 14 billion by 2024. Growing concerns towards accountability of Non-Revenue Water (NRW) will augment the industry . Evolving sustainable solutions for water management along with rising water conservation efforts will positively influence the business growth. In 2016, the International Water Association (IWA) has adopted 17 sustainable development goals including solution for global water challenges as top priority, it will prove to be beneficial for wastewater, water, and sanitation.

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Stringent regulations for accurate resource allocation assessment and increasing water supply network effectiveness will propel the global smart water metering market. The EU directive 2000/60/EC, mandates the member countries to give more importance to conservation & prevention of water deterioration, due to increase in drought situations across the region.

Evolving need for smart grid infrastructure due to rise in adoption of clean energy technologies for generation of electricity will positively impact the global smart water metering market. Governments around the globe are investing heavily on modernizing grid structure, which will create a demand for smart water meters and will positively encourage business outlook. In February 2017, National Integrated Drought Information System (NIDIS) in their findings reported that over nine regions in North America are facing drought situation ranging from unusually dry to extremely dry conditions.

Technological advancement coupled with low prices has led to high penetration of AMR smart water metering market. The product gather data from several customers and utilities to understand their requirements.

Smart water metering market from AMI is anticipated to grow over 11% by 2024. The product assists utility and commercial establishments in reorganization the billing process including accumulation of real time data and efficient billing. Data gathered by Automatic Meter Infrastructure units helps in managing allocation of water in an efficient manner.

The U.S. smart water metering Market is set to exceed over USD 3 billion by 2024 due to increase in adoption of product in utility & commercial applications. The product convenience, affordable prices and strict norms towards non-revenue water will foster the industry growth in the country.

Japan smart water metering market was valued over USD 300 million for 2016. In 2016, Government of Japan has planned to achieve 100% roll-out of smart water meters to customers by 2025. The above underlined plan will positively influence the business outlook in the country.

Key players in smart water metering market are Siemens AG, Elster, Itron, Sensus, Kamstrup, Aclara Technologies, Landis+Gyr, Xylem, Datamatic, Badger Meter, Diehl, Arad, Neptune Technology, Arqiva.
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Browse key industry insights spread across 311 pages with 552 market data tables & 16 figures & charts from the report, “Smart Water Metering Market Size By Technology (AMR, AMI), By Application (Residential, Commercial, Utility), By Product (Smart Hot Water Meter, Smart Cold Water Meter), Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, France, Russia, Sweden, Italy, Denmark, Austria, Spain, Japan, China, South Korea, India, Australia, UAE, Saudi Arabia, Oman, Kuwait, Iran, Jordan, Egypt, South Africa, Nigeria, Mexico, Brazil, Uruguay, Argentina, Chile), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:

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Glimpse of Table of Content (ToC)

Chapter 3 Smart Water Metering Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013 – 2024 (USD Million)

3.3 Industry ecosystem analysis

3.3.1 Vendor Matrix

3.4 Innovation & sustainability

3.5 Regulatory landscape

3.5.1 U.S.

3.5.1.1 DEP/HPD Water Conservation

3.5.1.2 The Reimbursable Metering Program

3.5.2 Europe

3.5.2.1 European Legal framework

3.5.2.2 Key Policy Developments: Non-revenue Water (NRW)

3.5.3 New Zealand

3.5.4 Smart Water Metering Plans

3.5.4.1 U.S.

3.5.4.2 Australia

3.5.4.3 UK

3.6 Industry impact forces

3.6.1 Growth drivers

3.6.1.1 Non-revenue water (NRW) monitoring and control

3.6.1.2 Emerging Intelligent sustainable water management solutions

3.6.1.3 Favorable government regulations

3.6.1.4 Accuracy & savings in billings

3.6.1.5 Effective monitoring of consumption patterns

3.6.2 Industry pitfalls & challenges

3.6.2.1 High initial investments and fragmented nature of the industry

3.6.2.2 Privacy concerns

3.7 Technology Landscape

3.7.1 Automatic Meter Infrastructure (AMI)

3.7.2 Automatic Meter Reading (AMR)

3.8 Customer requirement

3.9 Growth potential analysis

3.10 Price trend analysis

3.10.1 AMI price trend, by region

3.10.2 AMR price trend, by region

3.11 Comparative Analysis, (Main water pipe meters, Apartment meters)

3.12 Communication protocols used in AMI/AMR

3.12.1 Advanced metering infrastructure (AMI)

3.12.2 Automated Meter Reading (AMR)

3.13 Porter’s analysis

3.14 Competitive landscape, 2016

3.14.1 Strategy dashboard

3.14.1.1 Itron

3.14.1.2 Badger Meter

3.14.1.3 Aclara Technologies

3.14.1.4 Kamstrup

3.14.1.5 Sensus

3.15 PSTEL analysis

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