openPR Logo
Press release

Smart Water Metering Market anticipated to grow at a CAGR of 13.3% by 2025 | Valuates Reports

07-09-2019 08:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Valuates Reports

Smart Water Metering Market anticipated to grow at a CAGR of 13.3%

The global smart water metering market is anticipated to grow at a CAGR of 13.3% during the forecast period 2019–2025.
The study on “global smart water metering market” details the market size and analysis across various segments, which include Type (Automated Meter Reading [AMR] and Advanced Metering Infrastructure [AMI]); Component (Endpoint Hardware, Network Infrastructure, Installation, and Others); and Region (Americas, Europe, Asia Pacific, and Middle East & Africa).
Overview: Smart Water Metering Market

The global smart water metering market is anticipated to witness significant growth during the forecast period. In recent years, the demand for water has increased significantly due to climate changes and other factors such as increasing population and rapid urbanization. As a result, governments across countries are heavily focusing on developing frameworks related to water management policies and a comprehensive strategy for long-term water resource management. This has pressurized water utilities to reduce water losses from both an environmental and financial standpoint.

View Full Report: https://reports.valuates.com/sreport/INFO-Othe-0I51

Currently, the technology development and adoption of advanced technologies, such as IoT and analytics, in the water sector is lagging when compared to other utilities such as electricity and gas. Moreover, water systems in many countries are running on aged infrastructure, and technologies that utilities rely on managing water are largely outdated, which has resulted in increased non-revenue water (NRW).

Governments and utilities are emphasizing on reducing non-revenue water, and transformation of aging water infrastructure with growing focus on developing sustainable water infrastructure. The market will witness demand for water metering solutions that can be integrated with smart communicating devices, as rising focus on reducing the operating cost driving the global smart water metering market. Emerging low power IoT connectivity technologies (NB-IoT) allow utilities to eliminate the need for investing in establishing their own communication infrastructure for remote meter reading, a prominent trend likely to accelerate the growth of the global smart water metering market during the forecast period. Additionally, increasing smart city initiatives and expanding urban landscape in developing economies are identified as opportunities anticipated to fuel the growth of the smart water metering market during the forecast period 2019–2025.
Additionally, utilities operating in developed economies are mandated to meet certain guidelines and standards to eliminate the commercial loss – water that is incorrectly billed because of poor/incorrect metering and physical loss – leaks and theft from the water distribution system, which is further accelerating the growth of the smart water metering market. Moreover, advancement in IoT and sensing technologies, declining deployment cost of IoT solutions, and increasing focus on utilizing data-driven solutions to improve operating revenue of utilities are further fuelling the growth of smart water metering market.

The global smart water metering market is segmented based on type, component, and region. In terms of type, the global smart water metering market is sub-segmented into automated meter reading (AMR) and advanced metering infrastructure (AMI). The AMR segment dominated in 2018 and is expected to lose its market share to the AMI segment during the forecast period. This is primarily due to higher operating costs of AMR when compared to AMI since meter readers must still drive the routes. The AMI system offers various water management capabilities such as enhanced tracking of flow patterns and water consumption, ability to monitor changes in demands and trends, and abnormalities in distribution network among others. By type, AMI is anticipated to be the fastest growing segment attributed to its advanced water management capabilities of AMI system and increasing interest on smart grid solutions. In terms of component, the global smart water metering market is sub-segmented into endpoint hardware, network infrastructure, installation, and others.

Inquire for Sample: https://reports.valuates.com/request/sample/INFO-Othe-0I51/Smart_Water_Metering_Market

Regional Analysis
In 2018, the Americas was the dominant region in the global smart water metering market followed by Europe. Asia Pacific is identified as the fastest growing region in the global smart water metering market, i.e., growing at a CAGR of 20.8% during the forecast period 2019–2025. This is mainly due to rapid urbanization and expanding urban landscape along with increasing investment in smart city initiatives.
Benefits and Vendors
The report on smart water metering market contains an in-depth analysis of vendors, which includes financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. Few of the key players profiled in this study include Xylem Inc. (Sensus), Itron Inc., Badger Meter, Inc., Kamstrup A/S, Landis+Gyr., Neptune Technology Group, Arad Group, Diehl Stiftung & Co. KG, Hubbell (Aclara Technologies LLC), and Mueller Water Products, Inc.

The study offers a comprehensive analysis of the “global smart water metering market”. Bringing out the complete key insights of the industry, the report aims to provide an insight into the latest trends, current market scenario, and technologies related to the market. In addition, it helps the venture capitalists to understand revenue opportunities across different segments to take better decisions.
Key Segments of the Report Include:
• Smart Water Metering Market - By Type
o Automated Meter Reading (AMR)
o Advanced Metering Infrastructure (AMI)
• Smart Water Metering Market - By Component
o Endpoint Hardware
o Network Infrastructure
o Installation
o Others
• Smart Water Metering Market - By Region
o Americas
o Europe
o Asia Pacific
o Middle East & Africa (MEA)

Inquire for Discount: https://reports.valuates.com/request/discount/INFO-Othe-0I51/Smart_Water_Metering_Market

About US:

Our aim is to collate unparalleled Market insights and notify our customers as and when it happens. Valuates is curating premium Market Research Reports from the leading publishers around the globe. We will help you map your information needs to our report repository of Market research reports and guide you through your purchasing decision.

We are based out of silicon valley of India (Bengaluru) and provide 24/7 online and offline support to all our customers and just a phone call away.

Contact Us:
Valuates Reports
sales@valuates.com
For U.S. Toll Free Call +1 (425) 388-2538
For IST Call +91-8040957137
Source: Valuates Reports

Website:https://reports.valuates.com/
Blog: https://reports.valuates.com/blogs/
LinkedIn: www.linkedin.com/company/valuatesreports/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Water Metering Market anticipated to grow at a CAGR of 13.3% by 2025 | Valuates Reports here

News-ID: 1799638 • Views: 383

More Releases from Valuates Reports

Cloud Fax Market Size, Share, Growth, Trends, Segments, Forecast | Valuates Repo …
Cloud Fax is a simple, cost-effective cloud-based alternative to traditional fax machines and servers. Suitable for organizations of all sizes, it provides a streamlined faxing process, while substantially lowering your overall faxing costs. It lets you send and receive faxes to and from anywhere in the world via email and is fully compatible with all email platforms. It is secure, reliable and eliminates the need for fax machines, toner, paper,
VCSEL Market Size , Share, Trends, Growth, Forecast, Analysis | Valuates Reports
The global VCSEL market size is projected to reach USD 2996.8 Million by 2026, from USD 1730.7 Million in 2020, at a CAGR of 9.6% during 2021-2026. Major factors driving the growth of VCSEL market size are, increasing applications of VCSELs in data communication, growing adoption of 3D sensing applications in smartphones, technological advancements, increasing interest of OEMs to adopt VCSELs in consumer devices, and the use of VCSELs in the
Hand Sanitizers Market Size USD 4362.9 Million by 2026 at CAGR 4.7% | Valuates R …
Hand Sanitizers Market Size USD 4362.9 Million by 2026 at CAGR 4.7% | Valuates Reports The Hand Sanitizer Market is Segmented by Product Type (Foam, Soap, Gel, Spray, Others), by Application (Individuals, Education, Office Buildings, Health Care, Food Handling, Hotel, Other), Key Vendors and Regional Growth: Global Opportunity Analysis and Industry Forecast, 2021–2026. This report is published on Valuates Reports in the Cleaning Agents Category. The global Hand Sanitizer market size
Over the Top Market | OTT Market Worth USD 1,039.03 Billion by 2027
The global OTT market size was valued at USD 121.61 Billion in 2019 and is projected to reach USD 1,039.03 Billion by 2027, growing at a CAGR of 29.4% from 2020 to 2027. Ad-supported VoD platforms is experiencing strong growth in ad revenues, thereby making the advertisement-based revenue model popular amidst the COVID-19 pandemic. For instance, five of the major ad-supported streaming platforms such as Hulu, Peacock, Roku, Pluto TV and

All 5 Releases


More Releases for Meter

Global Humidity Meter Market Research
Global Humidity Meter Market Research the reason for a hygrometer or moistness meter is for observing or estimating the dampness substance of the air to interpret mugginess. The counts of the different estimations of stickiness can be very unpredictable. Significant utilization of meters incorporate nurseries and modern spaces where moistness is a central point for activities. Dampness meters are additionally utilized in a few hatcheries, saunas, humidors and exhibition halls.
Global Water Meter Market | MarketResearchReports.biz
Latest industry research report on: Global Water Meter Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts The water meter market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast period and 2015 is the base year. The report covers all the major trends and technologies playing a key role in water meter market growth over the forecast
MAAT Reincarnates TT DR Meter
Company announces release of a contemporary recreation of the DR dynamic range metering plug–in MAAT Incorporated, a manufacturer of exceptional performance professional audio solutions, today announced the release of DRMeter version 1.0, a universal metering plug–in for stereo bus masters. DRMeter, a faithful recreation of the legendary TT DR Meter for modern production environments, addresses an unfulfilled need for all engineers concerned with dynamic range issues. Available for all major plug–in formats,
Smart Gas Meter Market Outlook 2017- Trilliant, Sensus, Billion, Wasion, Meter I …
A market study ” Global Smart Gas Meter Market ” examines the performance of the Smart Gas Meter market 2017. It encloses an in-depth Research of the Smart Gas Meter market state and the competitive landscape globally. This report analyzes the potential of Smart Gas Meter market in the present and the future prospects from various angles in detail. The Global Smart Gas Meter Market 2017 report includes Smart Gas Meter
Global Smart Meter Market (Electricity, Gas, Water): By Type - Smart Electricity …
MarketResearchReports.Biz adds “Global Smart Meter Market 2011 Share, Size, Trends and Forecast to 2022 Market Research Report” reports to its database. This report provides a strategic analysis of the Smart Meter market and the growth estimates for the forecasted period. Global rise in energy demand along with the emerging trends in smart grid technologies, integration, and advanced infrastructure along with IoT (Internet of Things) has led to the growth of Smart
Global Water Meter Market: ABB, Arad Group(Master Meter), Chongqing Smart Meter, …
Global Water Meter Market report 2017 is an in-depth research on the current situation of the Water Meter industry. The Scope of the Water Meter research report: The Global Water Meter Market primarily includes a basic overview of the Water Meter industry. It also includes Water Meter definitions, classifications and applications. It segments the market by applications, types, regions, competitive players and also analyzes Water Meter market size, business share and Water