Smart Water Meter Market

The global Smart Water Meter market was valued at 225.69 Million USD in 2021 and will grow with a CAGR of 2.8% from 2021 to 2027, based on newly published report.

The prime objective of Smart Water Meter 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 Meter 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 technical barriers of Smart water meter are low, and the Smart water meter market concentration degree is relatively lower. The manufacturing bases scatter around the world in terms of geography; some of the key players dominating this market are Arad Technologies, Kamstrup, Takahata Precison, Neptune Technology Group, SenTec, Badger Meter, Sensus, and others. The market for Smart water meter will be majorly driven by civil construction. With the policy support in most countries, more and more real estate business use Smart water meter. With the improvement of people`s awareness of energy saving and the industry level, Civil Building will gradually apply Smart water meter system. Smart water meter industry will usher in a huge growth space. In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the Smart water meter cost will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Smart water meter.

By Market Verdors:

• Arad Technologies
• Kamstrup
• Takahata Precison
• Neptune Technology Group
• SenTec
• Badger Meter
• Sensus
• Aquiba
• Itron
• Elster
• Johnson Valves
• Datamatic
• Sanchuan
• Suntront
• Integrated Electronic Systems Lab
• Chongqing Smart Water Meter
• Ningbo Water Meter
• Wasion Group
• Shenzhen Huaxu
• Hunan Changde Water Meter Manufacturing

By Types:

• Pre-payment Electricity Meter
• Remote Transmitting Water Meter

By Applications:

• IC Card Water Meter
• TM Card Prepayment Water Meter
• RF Smart Card Meter
• Coded Water Meter
• Impulse Type Remote Water Meter
• Direct-reading Remote Water Meter

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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