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Download Free sampleThe global Smart Water Meters market was valued at 202.17 Million USD in 2021 and will grow with a CAGR of 9.14% from 2021 to 2027, based on Research newly published report.
The prime objective of Smart Water Meters Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Smart Water Meters Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Smart water meter is a new type of water metering which uses modern micro electro technology, modern sensor technology, and smart IC card technology. It can not only measure water use, but can transfer water use data and settle trading.The global large producers mainly concentrates in Europe, North America and Asia. The global leading players in this market are Arad Group (Israel), Kamstrup (Denmark), Xylem (Sensus) (United Kingdom), Badger Meter (USA), Takahata Precison (Japan), Diehl Metering (Germany) and Sanchuan (China), etc. Top 5 players took about 1/3 the total market in 2017. The market now is on a fast growing trend, looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
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