Smart Water Meters Market Size Will Reach US$ 3350 Million By 2024 Features: Arad Group, Kamstrup, Xylem (Sensus), Badger Meter, Takahata Precison, Diehl Metering, Itron, Neptune Technology Group, Honeywell (Elster), B METERS, Sanchuan and Suntront

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.

Smart Water Meter are mainly classified into the following types: Pre-payment electricity Type, Remote transmitting Type and Electronics Type, etc. Remote transmitting Type now is the most widely used type which takes up about 42% of the total market in 2017.

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Smart Water Meter have wide range of applications, such as Residential, Industrial and Commercial, etc. Residential was the most widely used area which took up about 77.5% of the global total in 2017.
The global large producers mainly concentrates in Europe, North America and Asia. The global leading players in this market are Arad Group (Israel), Kamstrup (Denmark), Xylem (Sensus) (United Kingdom), Badger Meter (USA), Takahata Precison (Japan), Diehl Metering (Germany) and Sanchuan (China), etc. Top 5 players took about 1/3 the total market in 2017.

According to this study, over the next five years the Smart Water Meters market will register a 6.7% CAGR in terms of revenue, the global market size will reach US$ 3350 million by 2024, from US$ 2420 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Smart Water Meters business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Water Meters market by product type, application, key manufacturers and key regions and countries.

This study considers the Smart Water Meters 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
Electronics Meter
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Industrial
Commercial

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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 Group
Kamstrup
Xylem (Sensus)
Badger Meter
Takahata Precison
Diehl Metering
Itron
Neptune Technology Group
Honeywell (Elster)
B METERS
Sanchuan
Suntront
iESLab
Chongqing Intelligence
Ningbo Water Meter
Wasion Group
Shenzhen Huaxu
Hunan Changde

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 Meters 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 Meters market by identifying its various subsegments.
Focuses on the key global Smart Water Meters 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 Meters 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 Meters 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.

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