Press release
Water Meter Market size was valued at $20.12 billion in 2021 and is expected to grow at a CAGR of 4.20% from 2022 to 2029, reaching nearly $27.96 billion
Water Meter Market Report Scope and Research MethodologyThe water meter is a device used to measure the flow of water through a pipe system or another outlet. Water utilities have expressed a strong desire to implement water meters, which have evolved over time to assist consumers and service providers in understanding the amount of water consumed. The accuracy of this equipment has simplified billing processes, and utilities have been able to assess water consumption and waste. Several types of water meters have gained market share in the global market over the years as a result of their relevance in conserving water, energy, and lowering water bill expenditures.
The market size for 2021 is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2021 is a year of exception and analyzed specially with the impact of lockdown by region.
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What are Water Meter Market Dynamics?
Due to increased water demand, the water meter market is expected to rise at a quick rate over the forecast period. The need for water grows in tandem with the world's population. The amount of water utilized that is not recycled to the source is referred to as water absorption. Water meters influence water use since they charge customers dependent on how often water they utilize. They also make finding leaks in water pipelines easier, resulting in less wasted water.
The rising adoption of IoT-enabled water meters is a crucial trend that is gaining traction in the water meter industry. IoT-enabled water meter lets the customer know the exact amount of water consumed and creates two-way communication between the provider and the consumer to access data. It also assists in saving and decreasing energy, anticipating the water demand, and locating leaks.
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What is Water Meter Market Segmentation?
by Product Type
• Mechanical Water Meter
• Smart Water Meter
by Component
• Meters and Accessories
• Communication
• IT Solutions
by Applications
• Building & Construction
• Residential
• Commercial
• Industrial
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Who are Water Meter Market Key Players?
• Diehl Stiftung & Co. KG
• Azbil Kimmon Co., Ltd.
• Badger Meter, Inc.
• Elster Group GmbH
• Neptune Technology Group Inc.
• G. Gioanola S.R.L.
• Aichi Tokei Denki Co., Ltd
• Apator SA
• Arad Group
• Fedrel Meter
• B Meter
• Itron Inc.
• Master Meter, Inc.
• Maddalena Spa
• Kamstrup A/S
• Sensus (Xylem Inc.)
• ZENNER International GmbH & Co. KG
• Mueller Systems, LLC.
• Plata Meter Co., Ltd
• NINGBO WATER METER CO.,LTD.
• Jiaxing Eastron Electronic Instruments Co., Ltd.
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Table of content for the Water Meter Market includes:
1. Global Water Meter Market: Research Methodology
2. Global Water Meter Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Water Meter Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Water Meter Market Segmentation
• Global Market, by Product Type (2021-2029)
• Global Market, by Component (2021-2029)
• Global Market, by Application (2021-2029)
5. Regional Water Meter Market (2021-2029)
• Regional Market, by Product Type (2021-2029)
• Global Market, by Component (2021-2029)
• Global Market, by Application (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ https://www.maximizemarketresearch.com/market-report/global-water-meter-market/6469/
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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