Press release
Rising Smart City Projects propel Global Smart Water Meter Market Demands
According to a new market research report launched by Inkwood Research, the Global Smart Water Meter Market is expected to record a CAGR of 8.39% during the forecast period of 2022 to 2030, reaching a revenue of $9045.65 million by 2030.Browse 31 market data Tables and 36 figures spread over 194 Pages, along with an in-depth analysis of the Global Smart Water Meter Market by Type, End-User, & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Smart Water Meter Market Scenario
Smart water meters are electronic applications that enable the autonomous collection of data consumption, eliminate manual meter reading, cut expenses, and enhance efficiency. Also, smart water metering systems rely on wireless and wired communications technology like Wi-Fi to connect LAN, facilitating remote location monitoring. One of the key growth drivers of the global smart water meter market is the growing smart city projects.
The smart city entails smart mobility, smart governance, smart energy, smart infrastructure, and smart buildings. Smart energy encompasses intelligent energy storage, smart meter, and smart grids. Government investments worldwide are propelling smart city projects. For instance, in 2017, the Indian government invested around $1.2 billion in implementing smart city initiatives. Additionally, there have been investments in smart water management. For instance, the Netherlands government contributed almost $50 million to promote and adopt wastewater management and smart water management techniques. Such factors boost the global smart water meter market demands.
The Global Smart Water Meter Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Smart Water Meter Market by Type, End-User, & by Geography: https://inkwoodresearch.com/reports/global-smart-water-meter-market/#request-free-sample
Market Segmentation
Market by Type
• Advanced Metering Infrastructure (AMI)
• Automatic Meter Reading (AMR)
Market by End-User
• Commercial & Industrial
• Residential
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
Companies Profiled
• ARAD GROUP
• MASTER METER INC (ACQUIRED BY ARAD LTD)
• LANDIS+GYR AG (ACQUIRED BY TOSHIBA CORPORATION)
• KAMSTRUP AS
• ZENNER INTERNATIONAL GMBH & CO KG
• BADGER METER INC
• SENSUS USA INC (ACQUIRED BY XYLEM)
• ITRON INC
• ELSTER GROUP GMBH (ACQUIRED BY HONEYWELL INTERNATIONAL)
• ACLARA TECHNOLOGIES LLC (ACQUIRED BY HUBBELL INCORPORATED)
• MUELLER WATER PRODUCTS INC
• DATAMATIC INC
• NEPTUNE TECHNOLOGY GROUP INC
• DIEHL STIFTUNG & CO KG
• ICSA (INDIA) LIMITED
Related Reports
GLOBAL SMART METER DATA MANAGEMENT MARKET - The global smart meter data management market is set to project a CAGR of 15.26% during 2020-2028.
GLOBAL WATER QUALITY MONITORING MARKET - The global water quality monitoring market is expected to record a CAGR of 5.86% during 2019-2027.
GLOBAL SMART ELECTRIC METER MARKET - The global smart electric meter market is predicted to register a CAGR of 4.45% during 2019-2027.
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