Market Overview:
The global water smart metering 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 water conservation and efficient management of resources, coupled with the rising need for advanced metering infrastructure (AMI) in developed and developing countries. The global water smart metering market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into pre-payment electricity meters, remote transmitting water meters, and electronics meters. Pre-payment electricity meters are expected to hold a major share in this market due to their growing popularity among consumers for controlling their energy expenses. On the basis of application, residential applications are expected to account for a majority share in this market owing to rising concerns about wastage of potable water across households worldwide.
Product Definition:
Water smart metering is a technology that helps water utilities manage and optimize their water distribution systems. The technology uses sensors and communication devices to collect data on water use, which can then be used to improve the efficiency of the system and help reduce wastage.
Pre-payment Electricity Meter:
Pre-payment electricity meter (PEM) is a device used to measure the electricity consumed by a customer before it is credited to their account. It works on the basis of pre- payment or prepayment, wherein the consumer makes an initial deposit with the utility and in return, receives immediate credit on their electric bill for consumption exceeding certain parameters. The meter tracks and measures both usage and credits received in real time.
Remote Transmitting Water Meter:
A remote transmitting water meter is a device used to measure the volume of water or other liquids being transported through pipes. It works on radio frequency identification technology and can be mounted at any place along the pipeline. The main function of this device is to monitor and control flow rate in real time, which helps customers manage consumption efficiently.
Application Insights:
The commercial segment dominated the global water smart metering market in terms of revenue share in 2017. The growth can be attributed to the increasing number of commercial establishments, such as offices, IT parks, malls and complexes. Furthermore, growing investments by public-private partnerships for developing or upgrading existing infrastructure is expected to boost product demand over the forecast period.
The residential application segment is expected to witness significant growth over the forecast period owing to rising awareness among consumers regarding consumption patterns and need for efficient metering systems that help them monitor usage with ease at their homes. In addition, a rise in residential construction activities across various countries would also contribute toward market growth during this period.
Prepayment electricity meter (PEM) was one of the prominent technologies adopted by utilities globally due its benefits including easy installation and maintenance along with advanced billing options offered by utility companies worldwide which include time-of-use pricing plans for end users who have meters installed on their premises or property respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness regarding water conservation and smart metering in countries such as China, Japan, and India. In addition, rising investments by governments for improving urban infrastructure are anticipated to fuel industry growth over the next eight years.
The European region accounted for a significant revenue share in 2017 owing to early adoption of advanced technologies across various sectors including energy & power, transportation & logistics among others. Moreover, growing environmental concerns have resulted in increased deployment of water meters that can measure both consumption as well as supply side remotely which is further expected to drive demand over the forecast period.
North America region accounted for more than 20% revenue share in 2017 due to early acceptance of electricity metering systems based on prepayment models that allow consumers not only bill their suppliers but also manage their own accounts remotely thus reducing billing errors.
Growth Factors:
- Increasing demand for water conservation and efficient utilization of resources
- Rapid urbanization and industrialization in developing countries
- Stringent government regulations for water management and conservation
- Rising awareness about the benefits of smart metering among consumers
- Technological advancements in smart metering solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Water Smart Metering Market Research Report
By Type
Pre-payment Electricity Meter, Remote Transmitting Water Meter, Electronics Meter
By Application
Residential, Industrial, Commercial
By Companies
Honeywell International, Itron, Elster Gmbh, Datamatic, Landis+Gyr, Osaki Electric, Icsa, Siemens, Toshiba, Holley Metering, Schneider Electric, Iskraemeco, Anglian Water, Master Meter, Aclara Technologies, Badger Meter, Neptune Technology Group, Oracle Utilities, Kamstrup, Xylem, Arad Group, Takahata Precison, Diehl Metering, B METERS, Sanchuan, Suntront, IESLab, Chongqing Intelligence, Ningbo Water Meter, Wasion Group, Shenzhen Huaxu, Hunan Changde
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Water Smart Metering Market Report Segments:
The global Water Smart Metering market is segmented on the basis of:
Types
Pre-payment Electricity Meter, Remote Transmitting Water Meter, Electronics Meter
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
Residential, Industrial, Commercial
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:
- Honeywell International
- Itron
- Elster Gmbh
- Datamatic
- Landis+Gyr
- Osaki Electric
- Icsa
- Siemens
- Toshiba
- Holley Metering
- Schneider Electric
- Iskraemeco
- Anglian Water
- Master Meter
- Aclara Technologies
- Badger Meter
- Neptune Technology Group
- Oracle Utilities
- Kamstrup
- Xylem
- Arad Group
- Takahata Precison
- Diehl Metering
- B METERS
- Sanchuan
- Suntront
- IESLab
- Chongqing Intelligence
- Ningbo Water Meter
- Wasion Group
- Shenzhen Huaxu
- Hunan Changde
Highlights of The Water Smart Metering 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:
- Pre-payment Electricity Meter
- Remote Transmitting Water Meter
- Electronics Meter
- By Application:
- Residential
- Industrial
- Commercial
- 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 Water Smart Metering 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.
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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?
Water smart metering is a technology that allows water utilities to remotely monitor and manage water usage in real-time. This helps utilities save energy and money, while also improving the quality of water supplies.
Some of the key players operating in the water smart metering market are Honeywell International, Itron, Elster Gmbh, Datamatic, Landis+Gyr, Osaki Electric, Icsa, Siemens, Toshiba, Holley Metering, Schneider Electric, Iskraemeco, Anglian Water, Master Meter, Aclara Technologies, Badger Meter, Neptune Technology Group, Oracle Utilities, Kamstrup, Xylem, Arad Group, Takahata Precison, Diehl Metering, B METERS, Sanchuan, Suntront, IESLab, Chongqing Intelligence, Ningbo Water Meter, Wasion Group, Shenzhen Huaxu, Hunan Changde.
The water smart metering market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Water Smart Metering Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Water Smart Metering Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Water Smart Metering Market - Supply Chain
4.5. Global Water Smart Metering Market Forecast
4.5.1. Water Smart Metering Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Water Smart Metering Market Size (000 Units) and Y-o-Y Growth
4.5.3. Water Smart Metering Market Absolute $ Opportunity
5. Global Water Smart Metering Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Water Smart Metering Market Size and Volume Forecast by Type
5.3.1. Pre-payment Electricity Meter
5.3.2. Remote Transmitting Water Meter
5.3.3. Electronics Meter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Water Smart Metering Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Water Smart Metering Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Industrial
6.3.3. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Water Smart Metering Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Water Smart Metering Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Water Smart Metering Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Water Smart Metering Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Water Smart Metering Demand Share Forecast, 2019-2026
9. North America Water Smart Metering Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Water Smart Metering Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Water Smart Metering Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Industrial
9.4.3. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Water Smart Metering Market Size and Volume Forecast by Type
9.7.1. Pre-payment Electricity Meter
9.7.2. Remote Transmitting Water Meter
9.7.3. Electronics Meter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Water Smart Metering Demand Share Forecast, 2019-2026
10. Latin America Water Smart Metering Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Water Smart Metering Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Water Smart Metering Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Industrial
10.4.3. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Water Smart Metering Market Size and Volume Forecast by Type
10.7.1. Pre-payment Electricity Meter
10.7.2. Remote Transmitting Water Meter
10.7.3. Electronics Meter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Water Smart Metering Demand Share Forecast, 2019-2026
11. Europe Water Smart Metering Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Water Smart Metering Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Water Smart Metering Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Industrial
11.4.3. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Water Smart Metering Market Size and Volume Forecast by Type
11.7.1. Pre-payment Electricity Meter
11.7.2. Remote Transmitting Water Meter
11.7.3. Electronics Meter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Water Smart Metering Demand Share, 2019-2026
12. Asia Pacific Water Smart Metering Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Water Smart Metering Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Water Smart Metering Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Industrial
12.4.3. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Water Smart Metering Market Size and Volume Forecast by Type
12.7.1. Pre-payment Electricity Meter
12.7.2. Remote Transmitting Water Meter
12.7.3. Electronics Meter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Water Smart Metering Demand Share, 2019-2026
13. Middle East & Africa Water Smart Metering Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Water Smart Metering Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Water Smart Metering Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Industrial
13.4.3. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Water Smart Metering Market Size and Volume Forecast by Type
13.7.1. Pre-payment Electricity Meter
13.7.2. Remote Transmitting Water Meter
13.7.3. Electronics Meter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Water Smart Metering Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Water Smart Metering Market: Market Share Analysis
14.2. Water Smart Metering Distributors and Customers
14.3. Water Smart Metering Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Itron
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elster Gmbh
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Datamatic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Landis+Gyr
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Osaki Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Icsa
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Siemens
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Toshiba
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Holley Metering
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Schneider Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Iskraemeco
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Anglian Water
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Master Meter
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Aclara Technologies
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Badger Meter
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Neptune Technology Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Oracle Utilities
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Kamstrup
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Xylem
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook