Market Overview:
The global AMI smart water meter market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy and water conservation, rising concerns over water scarcity, and growing investments in smart city initiatives. The global AMI smart water meter market by type is segmented into three categories: water meter reading, service connection and disconnection, fault and leakage identification, and others. The others category includes functions such as remote monitoring of meters, data collection & management, billing & invoicing etc. Among these segments, the fault and leakage identification segment is expected to witness the highest growth during the forecast period owing to increased concerns over wastage of potable water across various regions worldwide. The global AMI smart water meter market by application is segmented into two categories: energy sector and manufacturing sector.ontheotherhand,.
Product Definition:
AMI Smart Water Meter is an electronic device which is used to measure and monitor the water usage in a building or a home. The importance of AMI Smart Water Meter is that it helps in reducing the water wastage by providing accurate readings of the water usage. It also helps in detecting any leakage or abnormal flow of water, which can help in preventing any damage to the property.
Water Meter Reading:
Water meter reading is the process of measuring water consumption and billing for the same. It is an important part of water management as it helps in effective utilization of available resources, which results in reduced wastage. Meter readings are taken at regular intervals and analyzed to determine if there are any irregularities in usage patterns. These readings also help analyze customer’s behavior & trends related to water consumption, thereby helping departments plan efficient strategies for conservation efforts.
Service Connection and Disconnection:
Service connection and disconnection is the process of establishing a communication link between the customer’s tap water meter and their service connection at the main. The AMI smart water meter is connected to an intelligent network that enables real-time data transmission from customer’s tap water meter to AMI Smart Water Meter. This enables utility companies to manage supply & demand for freshwater as well as helps in reducing leakageages, which are otherwise unmet by conventional systems.
Application Insights:
The manufacturing segment dominated the overall industry in terms of revenue share in 2017. The application of smart water meters is witnessing a rapid growth owing to their benefits such as real-time data, online monitoring, and easy installation. Moreover, these devices help reduce water loss by 50% which helps conserve natural resources and reduces environmental impact.
Energy applications are expected to witness the fastest growth over the forecast period due to increasing demand for energy efficient solutions that improve operational efficiency while reducing costs associated with conventional methods of measuring consumption levels at generating stations or loads on transmission & distribution lines. These meters provide continuous reading from 0% to 100% allowing users to track energy usage trends thereby driving its adoption across this sector globally over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for smart water meters in countries, such as China and India. In 2016, China accounted for a share of more than 30% of global AMI smart water meter installations. Moreover, rising awareness regarding energy conservation and emission control is anticipated to drive product demand in Asia Pacific region over the forecast period.
The Middle East & Africa (MEA) market was valued at USD X million in 2017 owing to high consumption levels coupled with growing investments by governments across various sectors including residential buildings, commercial buildings, oil & gas industry among others.
Growth Factors:
- Increasing demand for AMI smart water meters from municipal and industrial sectors due to the advantages of real-time monitoring and data analytics.
- Rising concerns over water wastage and its impact on environment, which is driving the demand for AMI smart water meters across all end-use industries.
- Proliferation of IoT technology and big data analytics is aiding the growth of AMI smart water meter market by providing real-time information about water usage patterns.
- Stringent government regulations related to efficient management of resources are favoring the adoption of AMI smart water meters in various countries worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
AMI Smart Water Meter Market Research Report
By Type
Water Meter Reading, Service Connection and Disconnection, Fault and Leakage Identification, Others
By Application
Energy, Manufacturing, Others
By Companies
Badger Meter, Inc., Honeywell International Inc., Itron Inc., Kamstrup AS, Landis+Gyr AG, Maddalena Spa, Sanchuan Wisdom Technology Co. Ltd., SUEZ SA, Veolia Environnement SA, Xylem Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global AMI Smart Water Meter Market Report Segments:
The global AMI Smart Water Meter market is segmented on the basis of:
Types
Water Meter Reading, Service Connection and Disconnection, Fault and Leakage Identification, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Badger Meter, Inc.
- Honeywell International Inc.
- Itron Inc.
- Kamstrup AS
- Landis+Gyr AG
- Maddalena Spa
- Sanchuan Wisdom Technology Co. Ltd.
- SUEZ SA
- Veolia Environnement SA
- Xylem Inc.
Highlights of The AMI Smart Water Meter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water Meter Reading
- Service Connection and Disconnection
- Fault and Leakage Identification
- Others
- By Application:
- Energy
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AMI Smart Water Meter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
AMI Smart Water Meter is a smart water meter that helps you to manage your water usage and save money.
Some of the major players in the ami smart water meter market are Badger Meter, Inc., Honeywell International Inc., Itron Inc., Kamstrup AS, Landis+Gyr AG, Maddalena Spa, Sanchuan Wisdom Technology Co. Ltd., SUEZ SA, Veolia Environnement SA, Xylem Inc..
The ami smart water meter market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AMI Smart Water Meter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 AMI Smart Water Meter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AMI Smart Water Meter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the AMI Smart Water Meter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global AMI Smart Water Meter Market Size & Forecast, 2020-2028
4.5.1 AMI Smart Water Meter Market Size and Y-o-Y Growth
4.5.2 AMI Smart Water Meter Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Water Meter Reading
5.2.2 Service Connection and Disconnection
5.2.3 Fault and Leakage Identification
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Energy
6.2.2 Manufacturing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AMI Smart Water Meter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AMI Smart Water Meter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Water Meter Reading
9.6.2 Service Connection and Disconnection
9.6.3 Fault and Leakage Identification
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Energy
9.10.2 Manufacturing
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Water Meter Reading
10.6.2 Service Connection and Disconnection
10.6.3 Fault and Leakage Identification
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Energy
10.10.2 Manufacturing
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Water Meter Reading
11.6.2 Service Connection and Disconnection
11.6.3 Fault and Leakage Identification
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Energy
11.10.2 Manufacturing
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Water Meter Reading
12.6.2 Service Connection and Disconnection
12.6.3 Fault and Leakage Identification
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Energy
12.10.2 Manufacturing
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Water Meter Reading
13.6.2 Service Connection and Disconnection
13.6.3 Fault and Leakage Identification
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Energy
13.10.2 Manufacturing
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AMI Smart Water Meter Market: Competitive Dashboard
14.2 Global AMI Smart Water Meter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Badger Meter, Inc.
14.3.2 Honeywell International Inc.
14.3.3 Itron Inc.
14.3.4 Kamstrup AS
14.3.5 Landis+Gyr AG
14.3.6 Maddalena Spa
14.3.7 Sanchuan Wisdom Technology Co. Ltd.
14.3.8 SUEZ SA
14.3.9 Veolia Environnement SA
14.3.10 Xylem Inc.
