The smart water metering market is expected to reach USD 9.73 billion by 2028, growing at a CAGR of 7.5% from 2022 to 2028. Smart water metering is an improved electronic application designed to enable utilities to automatically collect consumption data, improve efficiency, eliminate manual meter reading, and reduce costs. In addition, the smart water metering system relies on wired and wireless communication technology such as Wi-Fi water meter to connect local area network or wide area networks, allowing remote location monitoring and infrastructure maintenance through leak detection. In addition, the intelligent water metering system can be used for billing water, energy consumption and natural gas in the industrial, residential and commercial sectors.
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Company Profile
- HONEYWELL INTERNATIONAL INC.
- ITRON INC.
- Kamstrup A/S.
- LANDIS+GYR
- Mueller Water Product Inc
- NEPTUNE TECHNOLOGY GROUP INC.
- SIEMENS AG
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Market Segmentation
By Meter type
- Electromagnetic Meter
- Ultrasonic Meter
- Mechanical Meter
By technology
- Automatic Meter Reading
- Advanced Meter Infrastructure
By Component
- Meter & Accessories
- IT Solutions
- Communications
By Applications
- Residential
- Commercial
- Industries
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Scope of the Report
The research study analyzes the Smart Water Metering Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Water Metering Market Report
- What was the Smart Water Metering Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Smart Water Metering Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Smart Water Metering Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Key Benefits of Buying the Smart Water Metering Market Report:
- Comprehensive analysis of the changing competitive landscape.
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
- The report offers an 8-year forecast and assessment of the Smart Water Metering
- Helps in understanding the key product segments and their estimated growth rate.
- In-depth analysis of market drivers, restraints, trends, and opportunities.
- Comprehensive regional analysis of the Smart Water Metering
- Extensive profiling of the key stakeholders of the business sphere.
- Detailed analysis of the factors influencing the growth of the Smart Water Metering Market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Smart Water Metering market.
- The market share of the Smart Water Metering market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Smart Water Metering market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Smart Water Metering market.
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