This research report helps provide insights into innovations, opportunities and new development in the Smart Water Meter and its connected industries. It includes vital trends and dynamics of the market at regional as well as global level for the given forecast period
The smart water meter market is classified based on components into three segments namely meters & accessories, communication, and IT solution. The Automatic Meter Reading segment is estimated to be the largest market for smart water meter in 2016.
It is a metering technology that collects consumption data from the water meters and transfers it to a central database for billing and other purposes. Popular in North America and Europe, other regions have also started to implement this metering infrastructure to reduce non-revenue water.
Owing to the ease in integration of smart water metering systems installed in houses to the smart water network, the residential areas segment accounted for the major shares and dominated the market during 2016. In addition to making it easy for the utilities sector to bill the customer and monitor the amount of water being sent over the distribution network, smart water meters also aid the customers in monitoring the daily consumption of water, detect and fix leakages, and participate in demand response, which will drive the demand for the adoption of residential water meters.
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Sensus,Itron,Elster (Honeywell),Diehl Stiftung & Co. KG,Landis+Gyr,Roper Industries(Neptune),Siemens,Kamstrup,Jiangxisanchuan,Suntront Tech Co., Ltd?,Badger Meter Inc,Iskraemeco,Arad Group(Master Meter),Huizhong Instrumentation Co., Ltd?,Zenner,Ningbo Water Meter
Global Smart Water Meter market to grow +19% CAGR during the forecast period 2017-2022
Microeconomic and macroeconomic factors which affect the Smart Water Meters market and its growth, both positive and negative, are also studied. The report features the impact of these factors on the ongoing market throughout the mentioned forecast period.
The upcoming changing trends, factors driving as well as restricting the growth of the market are mentioned.
The regions which have been studied in depth are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. This helps gain better idea about the spread of this particular market in respective regions.
A list of leading manufacturers have been given prime value to ensure their strategies are understood in this particular market.
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This report defines the specifications, applications, classifications of Smart Water Meters market and explains the industrial chain structure in detail. Recent policies and developments are researched in depth to help enhance this report.
A detailed cost structure is examined and prices are coated by labors, raw material supplier and others. An insight about demand supply chain is also mentioned in detail.
Key players operating in the Smart Water Meters market have been elucidated in the report. Business and financial overview of each and every companies are included.
The keys strategies which are employed by players in the market are studied and explained. In addition, recent and upcoming developments by players and strategic expansions to gain and maintain a wider reach have been given.
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A major chunk of the report talks about the technologies that are and will influence the growth of the Smart Water Meters market. Forecasts for these technology sectors are presented in the report.
Integration is the key to advancement in technology in the global Smart Water Meters market. Companies that offers the latest integrated technologies at an affordable cost are expected to thrive in the Smart Water Meters market.
The dominating technologies in the Smart Water Meters market along with the upcoming technologies that are expected to revolutionize the market are explained in the report
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