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Global Smart Water Meter Market to grow at a CAGR of 14.68% Between Forecast 2015-2019

Global Smart Water Meter Market to grow at a CAGR of 14.68% Between

Smart water meters are similar to conventional mechanical water meters except that they are connected to a data logger for continuous monitoring of water consumption. Smart water meters provide real-time information or sufficient data points that allows consumers to understand and monitor water consumption. They also help utilities manage the water networks efficiently and provide better customer service as peak periods of water usage can be accurately determined by the data provided by smart water meters. Pulses are created in the smart water meter by the water consumption event; for instance, the use of a washing machine is logged by the data logger in a pre-defined frequency. Several user-defined parameters such as flow rate, time, and volume are used to disaggregate the information provided by these pulses and assign them to different water use events.

The global smart water meter market to grow at a CAGR of 14.68 percent over the period 2014-2019.

Covered in this report

The report includes the segmentation of the global smart water meter market on the basis of data collection system, applications and geography.

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TechNavio's report, 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key regions

Americas
APAC
EMEA
Key vendors
Badger Meter
Elster Group
Itron
Sensus USA

Other prominent vendors

Aclara Technologies
Aquiba
Homerider Systems
i2O Water
Kamstrup
Mueller Systems
Neptune Technology Group
Schneider Electric
Sentec

Market driver

Increased need to manage water usage
For a full, detailed list, view our report

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Market challenge

High cost
For a full, detailed list, view our report

Market trend

Advances in smart water meter technology
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

MarketResearchReports.biz supports your business intelligence needs with over 100,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments

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