Smart Water Meter Market Breakdown Data Analysis 2019-2025 | key Players - Mueller, Sensus, Neptune Technologies, Badger Meters, Itron, Aclara Technologies LLC, ARAD Group, DIEHL Metering Group, Elster, Kamstrup A/S

Premium Market Insights has thoroughly assessed the Smart Water Meter market landscape, delivering a must-read report for industry stakeholders wishing to understand the strategic landscape. The research assesses the leading markets and identifies the key areas for future deployment, as well as providing in-depth forecasts across a range of key metrics. The study also contains an insightful player analysis of leading Smart Water Meter vendors, alongside key expectations for stakeholders in the industry.

The List of Companies:
1. ARAD Group
2. DIEHL Metering Group.
3. Elster
4. Kamstrup A/S
5. Mueller
6. Sensus
7. Neptune Technologies
8. Badger Meters
9. Itron
10. Aclara Technologies LLC.

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The global Smart Water Meter market is estimated to grow at a CAGR of 12.4% during the forecast period 2018 - 2025 and account for US$ 5,832.0 Mn by the year 2025.

Several governmental initiatives are helping the smart water meter market to flourish in the current scenario. Various parts of the US have successfully implemented smart water meter with the help of government funding. For instance, Queensland (Australia) state government invested US$ 10 Mn with an objective to implement smart water meters in various parts of the region.
The investment's objective is to improve water efficiency programs in FY 2017 - 2018. Similarly, in November 2017, the Ministry of Water and Sanitation, Ghana awarded a contract of Kamstrup A/S for the supply of 500,000 smart water meters in order to fight water scarcity and high non-revenue water. The smart water meters' market is anticipated to witness a notable growth in the coming years owing to various other political initiatives undertaken by the governments of developed as well as developing countries across the globe. Governments of countries such as the US, Canada, the UK, Germany, China, India, and Singapore are continuously emphasizing on developing smart cities, focusing on energy, transportation and traffic sectors.

The future market for smart water meter is promising, as the OEMs and other research centers are continually intending to deploy smart and connected technologies for efficient monitoring and operations without any human interference. As a result, technologically enriched sensors systems are being developed, which is expected to attract the significant number of industries in the coming years. The AMR type market is continuously evolving with the introduction of new and innovative products. There is a surge in demand for AMR based smart water meter in type segment. This device provides improved monitoring of water consumption and aims at mitigating the losses of water utility companies.

In our study, we have segmented the smart water meter market by types, components, and end-users. The smart water meters are broadly categorized into two types as Advanced Metering Infrastructure (AMI), and Automated Meter Reading (AMR). Further, the market has been segmented on the basis of components of a smart water meter system into controlling unit; display, storage & integrated software; and others. The end-users for these smart water meters comprise of residential and industrial sectors. On the basis of geography, the Smart Water Meter market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

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