Smart Water Meter Market Expected to Reach Tremendous Growth by 2025 with key player Like ARAD Group,DIEHL Metering Group.,Elster,Kamstrup A/S

The Smart Water Meter market is expected to grow from US$ US$ 1,506.2 Mn in 2017 to US$ 3,832.0 Mn by 2025 at a CAGR of 12.4% between 2018 and 2025.

In 2017, North America accounted for the largest revenue share of little more than two-fifth of the total market share, followed by Europe.

As per the United Nations Department of Economic and Social Affairs, close to 1.8 Billion people was suffering from acute water shortage problems by the year 2025 as well as more than two-thirds of the population was facing the constraints of limited water usage. The water paucity issues witnessed across the world has called for various stakeholders in diverse water usage fields to come together and develop for solutions that would result in water savings and sustainable usage of water for future generations.

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Top Key Players:-

1. ARAD Group
2. DIEHL Metering Group.
3. Elster
4. Kamstrup A/S
5. Mueller
6. Sensus
7. Neptune Technologies
8. Badger Meters
9. Itron
10. Aclara Technologies LLC

North America, and Europe have developed water infrastructures but face the problems of aging water infrastructures whereby huge physical losses of water is experienced from the leaks and bursts developed. This adds to the cost for Government bodies, thereby adding to the economic cost of non-revenue water which further impacts customer satisfaction as well as quality of life. Apart from the developed region, the developing regions face other issues related to water supplies that is the high non-revenue water costs, water theft and inaccurate billing of water.

The public drinking water systems is regulated by the Environmental Protection Agency (EPA) in the US. There are close to 151,000 public water systems in the US 100,700 non-community water systems such as schools and hospitals. On the basis of the number of people served by a public water system, it is classified under three broad categories as Community Water System (CWS), Non-Transient Non-Community Water System (NTNCWS), and Transient Non-Community Water System (TNCWS). These different water systems drastically vary in size, and the top 8% of the water systems serve water to 82% of the total North American population.

Market Segmentation:

Smart Water Meter Market - By Type

o Automatic Meter Reader (AMR)
o Advanced Metering Infrastructure (AMI)

Smart Water Meter Market - By Component

o Controlling Units
o Display, Storage & Integrated Software

Smart Water Meter Market - Application

o Household
o Commercial
o Industry
o Transportation

Smart Water Meter Market - By End-user

o Residential
o Industrial

The advanced metering infrastructure is a wireless connectivity mechanism, which enhances the water consumption pattern on a daily basis. The mechanism is a two-way connectivity technology enabling the service provider and the end users to review the collected information and requesting for pricing signals. The advanced metering infrastructure enables on request interrogation with the service providers and end users. Advanced metering infrastructure typically offers significant quantity payload of information such as cumulative kWh usage, peak kW demand, daily kWh usage, last interval demand, voltage, load profile, outage counts, outage logs, and tamper notification among others.

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