Smart Water Meter Market 2022 Growth and Industry Outlook- Arad Group, Kamstrup AS, Mueller Systems LLC

Smart Water Meter Market 2022-2027 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Smart Water Meter Market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Smart Water Meter Market all told its geographical and merchandise segments.

The unit shipments of the Global Smart Water Meters were at 16.578 million units in 2020, with the market expected to register a CAGR of 9.7% during the forecast period 2022-2027. 

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The Global Smart Water Meter Market is highly competitive and consists of a number of Major Key Players are: Sensus USA Inc., Aichi Tokei Denki Co. Ltd, Zenner International Gmbh & Co. KG, Mueller Systems LLC, Diehl Stiftung & Co. KG, Apator SA, Neptune Technology Group Inc, Badger Meter Inc., Azbil Kimmon Co. Ltd, Kamstrup AS, Arad Group others.

Industry News:

in 2017, ZENNER took over Alfa Centauri SpA, further expanding its position in the international smart meter market. The new company is likely to be registered in the future as ZENNER Gas S.r.l., and may move its headquarters from Fara Filiorum Petri (Italy), to Pescara. With this, the company is setting another milestone in its global digitalization. ZENNER has already been providing smart water meters, heat meters, and heat cost allocators for several years.

Key Market Trends:

Residential Segment is Anticipated to Hold a Major Market Share
Most housing complexes do not track the consumption or usage of water in apartments. The growing number of residential buildings and the consequent increase in water consumption are expected to have a positive impact on the integration of smart water meters.
The integration or incorporation of smart meters in the residential sector is likely to save or mitigate water consumption by about 35%, which will not only foster efficiency, but also help residents manage their bills.
The countries prone to droughts present an immense opportunity to the smart water meters market, which will help save water consumption, and effectively manage the water flow to residential areas.

The North American market is Anticipated to Hold a Major Market Share
Water scarcity in the West, along with ageing infrastructures in the regions of the Mid-West and East, has helped promote the requirement to tackle efficient remote meter readings that can help benefit revenue generation and improve consumer service.
Furthermore, the reduced leakage and efficient use of water are also major drivers for the smart water meters market. As North America is a more developed market, the utility base is in harmony with the smart meter technology, and is starting to implement advanced data solutions.

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The key insights of the Smart Water Meter Market report:

The report provides key statistics on the market status of the Smart Water Meter Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Smart Water Meter Market report presents the company profile, product specifications, capacity, production value, and 2016-2021 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2022-2027 market development trends of Smart Water Meter Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Smart Water Meter Market Industry before evaluating its feasibility.

Finally, Smart Water Meter Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Automotive Actuators industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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