Press release
Water Meter Market Expected to Reach $29,159.4 Million by 2030
Water meters are devices that track volume and usage of water used in various household, commercial, and industrial settings. Smart metering solutions, on the other hand, are expansions of traditional meters that use meters or modules with communication capabilities (either one-way or two-way) built in or connected to the meter.The global water meter market size was valued at $19,700.0 million in 2020, and is projected to reach $29,159.4 million by 2030, registering a CAGR of 4.1% from 2021 to 2030.
The report also highlights the qualitative aspects in the study. Additionally, the unit takes in the key findings, in terms of market overview and investment prospects. The market report also involves the competitive landscape containing the profiles of top ten major players in the industry. The frontrunners have been thoroughly assessed based on their revenue size, service/product portfolio, regional presence, key plans & policies, and overall contribution to the growth of the market.
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Major Key Players of the Water Meter Market are:
Key companies profiled in the Water meter market report include Apator SA, Arad Group, Badger Meter, Inc., Elster Group GmbH, Gioanola S.R.L., Kamstrup A/S, Maddalena Spa, Master Meter, Inc., Mueller Systems, LLC., and Sensus (Xylem Inc.).
Over the years, we have been administering market intelligence studies across an array of industries for organizations of different types such as profit & not-for-profit organizations, big-scale & large-scale organizations, and many more. We look at numerous aspects of internal & external business environment disturbing the growth stratagems of business ventures.
The global Water Meter report offers quantitative and qualitative analysis of the market from 2021 to 2030. The qualitative study emphasizes on the value chain analysis, pain point analysis, and key regulations.
• Value chain analysis: AMR offers a complete analysis of all the stages along with the key stakeholders functioning in every stage with their strategic decisions on board.
• Key regulations: Allied Market Research provides key regulations and standards for the Water Meter Market. The section also presents some of the regulatory documents of the product type.
• Pain point analysis: The report also offers insights on the key challenges faced by the stakeholders in the industry. The strategic decisions adopted by the market players to maintain their foothold in the market are also discussed through the report.
COVID-19 Impact Analysis on the global Water Meter:
The outbreak of the pandemic has had a huge impact across the globe, which impeded the socio-economic development. Therefore, the Water Meter Market report doles out a micro- and macro-economic assessment of the industry throughout the pandemic. The study further provides a qualitative breakdown of the impact of Covid-19 on the market.
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Key Market Segments -
By Product Type
• Standard Water Meter
• Smart Water Meter
By End User
• Residential
• Commercial
• Industrial
The report provides a study of the past and current market trends and evaluates the future opportunities. The Water Meter market study focuses on the market trends and upcoming opportunities that help understand the driving factors of the market. In addition, the report offers granular, robust, and qualitative data.
The report includes a brief summary of the market along with a SWOT analysis of the major market players and their financial analysis. The report covers a business overview and portfolio analysis of services that major companies offer. The study analyzes the recent market developments such as expansion, joint ventures, and product launches. Moreover, the study aids new business entrants and stakeholders to understand the long-term profitability of the market.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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