Smart Water Meter Market - Forecasts From 2018 To 2023

Description

The Smart Water Meter market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Smart water meter helps customers to monitor their property water flow rates in real time and compare their water usage with the historical data. Minimizing water wastage and increasing need for water preservation are considered as the key drivers for the growth of the market. Moreover technological advancement and rising government initiative to save water also drive the growth of the market. However, lack of adoption and awareness about the technology is expected to hinder the growth of the smart water meter market.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Smart Water Meter value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Smart Water Meter market.

Major industry players profiled as part of the report are Master Meters, Badger Meters, Aclara Technologies LLC., Diehl Metering Group, Itron and Kamstrup A/S among others.

Segmentation

The Smart Water Meter market has been analyzed through following segments:

By Type

AMI

AMR

By Application

Residential

Industrial

By Geography

North America

USA

Canada

Mexico

Others

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Spain

Others

Middle East and Africa

Saudi Arabia

United Arab Emirates

Others

Asia Pacific

China

Japan

South Korea

India

Others

Target audience

Manufacturers

Suppliers

Distributors

Service Providers

Government Agencies

Research Organizations

Consultants

Key insights offered

What will be the Smart Water Meter market size from 2017 to 2023?

How are the major drivers and restraints affecting the Smart Water Meter market growth and the opportunities which exist for key vendors?

Which segment and region will drive or lead the market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behaviour

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.