Press release
Intelligent Water Meters Market, Analysis and Prospect, Market Players | DIEHL Metering Group., Elster, Aclara Technologies LLC
The Intelligent Water Meters research report provides a thorough and comprehensive analysis of the global Industry. It contains quantitative and qualitative data on the entire industry structure. This Intelligent Water Meters Market research report provides an overview of the market based on segmentation, allowing the client to readily comprehend the market. During the projection period of 2022 to 2028, the markets are estimated to rise at a fast pace. It provides unbiased information about the Service Industry, empowering the client to make informed conclusions that will help them achieve major business goals.According to MID's Intelligent Water Meters Market Size is projected to grow at a CAGR of 7.65% during the Period 2022-2028
Market Overview -
With the rising penetration of advanced systems, the IoT (internet of things) has acquired pace in many industries all over the globe. These systems help in precise management of supply chains, with the required algorithms being set up that avoid any human interference and therefore reduce the chances of any malfunctioning. Intelligent Water Meters systems using IoT has connected computing devices, smart meters, and customers are provided with unique identifiers (UIDs) that enable the data transfer over the network without any kind of human interference.
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The top companies in this report include:
DIEHL Metering Group., Elster, Aclara Technologies LLC, Itron, Neptune Technologies, Sensus, Kamstrup A/S, Badger Meters, Mueller, ARAD Group
The research provides vendor information as well as the competitive landscape of the market. It includes details on the report's leading market vendors, as well as their growth factors and business strategies. Due to the highest market value in 2022, the Global Intelligent Water Meters market is predicted to grow at a significant rate with a strong CAGR throughout the review period.
Industry News -
Aclara Technologies has acquired in 2 different US states, and 2 countries. The Company's most targeted sectors include electrical equipment (34%) and information technology (34%).
Itron's largest acquisition to date was in 2007, when it acquired Actaris Metering Systems SA for $1.7B. Itron has acquired in 5 different US states, and 4 countries. The Company's most targeted sectors include software (45%) and communications (12%).
Dividing the Global Drinking Intelligent Water Meters Market based on Product types and Application
This report segments the Global Intelligent Water Meters Market on the assumption of the consequent types:
Automatic Meter Reader (AMR)
Advanced Metering Infrastructure (AMI)
On the premise of application, the Global marketplace for Intelligent Water Meters is segmental into:
Household
Commercial
Industry
Transportation
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Regional Outlook -
The smart water meter size in Europe stood at USD 0.48 billion in 2018. The market in the region is characterized by roll-outs to promote sustainable use of water coupled with acquiring economic advantages. These factors, along with higher awareness regarding smart meters among the people as compared to other regions, has led to the region occupy a major share in the market. Also, the region has numerous independent nations that are carrying out these roll-outs with government support. Following Europe, North America is the other major region for the market. The U.S. is the major country in the region that also has the presence of key players in the market of smart water meter. Canada has also shown significant growth in the adoption of smart meters in recent years. Asia-Pacific is expected to have the highest growth among the region, with China and other Southeast Asian countries acting as the catalysts for growth. The Middle East and Africa and Latin America are expected to have slow growth with Gulf Coorporation Council (GCC) countries, Brazil, and Mexico being the leading nations in rolling out installation plans for these systems.
Geographical regions included, such as -
On the basis of Geography, The Global Intelligent Water Meters Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
North America (the United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
Asia Pacific is expected to dominate the global market in 2022 and is likely to continue the same trend over the forecast period.
North America is expected to hold the largest market share in the forecast period. Increased disbursements of enterprises in Research and Development would expand the market growth across the region.
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Table of Contents-
Report Overview - The report overview includes studying the market scope, leading players, market segments, market analysis by type, application, geography of the market.
Executive - The report summarizes about "Intelligent Water Meters" market trends and shares, market size analysis by region, and countries. Under market size analysis by region, analysis of market share, and growth rate by region is provided.
Profiles of International Players - This section also profiles some of the major players functioning in the "Intelligent Water Meters", based on various factors such as the company overview, revenue, product offering and SWOT analysis.
Geographic Study - The regions and countries mentioned in this research study have been studied based on the market size by application, product, key players, and market forecast.
Key Players - This section of the "Intelligent Water Meters" report explains about the expansion plans of the leading players, investment analysis, funding, company establishment dates, revenues of manufacturers, and the regions served.
To be Continued…
Reason to Buy Intelligent Water Meters market Report-
Develop/modify business growth plans by using substantial growth offering established and emerging markets.
Study in-depth regional market trends and view coupled with the factors driving the market, as well as those hindering it.
Improve the decision-making process by thoughtful the strategies that support commercial interest to components, type, and end-users.
Outlook findings schemes crucial key products, companies references that the in-depth by growth, long-term with identifying strategies.
Develop/modify progressive and develop their business in time to realign market.
Improve coupled market, respect emerging growth well segments.
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Market intelligence data is a global leader in the research sector, providing contextual and data-driven research services to customers. Customers are assisted in building business plans and achieving long-term success in their respective marketplaces by the company. The company assists customers in developing business plans and achieving long-term success in their particular markets. Consulting services, Market Intelligence Data research studies, and customized research reports are all offered by the industry.
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