New York City, NY, 21 May, 2018/24 Market Reports: Smart Water Metering market size will grow from USD 4.24 Billion in 2017 to USD 6.48 Billion by 2023, at an estimated CAGR of 7.32%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
Increasing focus towards reducing non-revenue water, retrofitting of aging water infrastructure, and the need for accurate billing are the major factors driving the market.The report segments the smart water metering market on the basis of application into water utilities and industries.
Based on component, the smart water metering market has been categorized into meters & accessories, communication, and IT solution. The market has also been categorized on the basis of type as AMR and AMI. Meters & accessories, which account for the maximum cost among all the components, held the largest market size, in terms of value, in 2017, followed by the IT solution and communication segments, respectively.
By Market Players:- Aclara Technologies LLC. , B Meters , Badger Meters , Datamatic , Diehl Metering Group , Elster Group , Itron , Kamstrup A/S , Landis+GYR , Master Meters , Neptune Technology , Sensus , Zenner,
By Type:- AMI , AMR, ,
By Component:- IT Solution , Communication , Meters & Accessories, ,
By Application:- Water Utilities , Industries, , ,
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Points Covered in The Report:
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