The global Smart Water Meter Market was valued at USD 6.4 billion in 2019 and is projected to reach USD 10.9 billion by the year 2027, at a CAGR of 6.2%. Smart water meter is a technological device that uses the internet in order to measure consumption data for billing purposes. This system can be used for billing water, natural gas, and energy consumption in the residential, industrial, and commercial areas. A smart meter device comprises of a water meter, electric meter, and a control unit. It is used to reduce non-revenue water (NRW) wastage, obtain accuracy in billing, and reduce the carbon footprint. These systems have various applications in many areas due to the demand for data processing, measurement, and control.
The research report further analyses the market trends and radical features affecting the growth of the market during the estimation timeframe. The report also provides a thorough analysis of the factors limiting the growth of the industry and the factors driving the growth. The report offers an overview of the business vertical, taking into consideration the influence of the currently unfolding COVID-19 pandemic on the overall industry. The report also studies threats and challenges the industry players will have to face due to the changes induced by the COVID-19 pandemic.
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The report on the global Smart Water Meter market offers a comprehensive analysis of the competitive landscape with a special focus on the production and manufacturing value, pricing, product portfolio, gross profit margin, market position, and financial standing. According to the research report, the companies actively engaged in the report include Badger Meter, Kamstrup, Diehl, Landis+GYR, Aclara Technologies, Sensus, Itron, Datamatic, B Meters and Elster Group.
Type Outlook (Revenue, USD Million; 2017-2027)
· Ultrasonic Meter
· Electromagnetic Meter
· Mechanical Meter
Meter Type Outlook (Revenue, USD Million; 2017-2027)
· Automatic Meter Reading
· Advanced Meter Infrastructure
Component Outlook (Revenue, USD Million; 2017-2027)
· Meters and Accessories
· IT Solutions
Product Outlook (Revenue, USD Million; 2017-2027)
· Smart Hot-Water Meter
· Smart Cold-Water Meter
Application Outlook (Revenue, USD Million; 2017-2027)
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The regional landscape of the Smart Water Meter market has been divided into the key geographical regions such as North and South America, Europe, Asia-Pacific, and the Middle East and Africa. The report offers detailed insights into the market share, sales channels, revenue generation, estimated growth rate, production and consumption rate, market value, and the presence of the key companies in each region. The report also offers a country-wise analysis of the Smart Water Meter market.
Regional Analysis of the Smart Water Meter Market includes an in-depth assessment of the following key regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Highlights of TOC of the Smart Water Meter Market Report:
Chapter 1: Methodology & Scope
Chapter 2: Summary of the Smart Water Meter Market
Chapter 3: Insights into Smart Water Meter Industry
Chapter 4: Regional Analysis
Chapter 5: Company profiles
Chapter 6: Recent Developments and Expansion Plans
Chapter 7: SWOT Analysis
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Development Trend Analysis
Chapter 10: Market Concentration Analysis
..and many more.
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