Smart Water Metering Market by Technology (AMI, AMR), Meter Type (Electromagnetic Meter, Mechanical Meter, Ultrasonic Meter), Component, Application - Global Forecast 2023-2030
The Smart Water Metering Market size was estimated at USD 7.81 billion in 2022 and expected to reach USD 8.63 billion in 2023, at a CAGR 12.55% to reach USD 20.14 billion by 2030.
Market Segmentation & Coverage:This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Smart Water Metering Market.
- Based on Technology, market is studied across AMI and AMR. The AMI commanded largest market share of 66.42% in 2022, followed by AMR.
- Based on Meter Type, market is studied across Electromagnetic Meter, Mechanical Meter, and Ultrasonic Meter. The Electromagnetic Meter commanded largest market share of 42.46% in 2022, followed by Mechanical Meter.
- Based on Component, market is studied across Billing & Customer Engagement, Communication Networks, Implementation Services, Sensors & Controls, Smart Meters, and Software Solutions. The Smart Meters commanded largest market share of 22.61% in 2022, followed by Implementation Services.
- Based on Application, market is studied across Commercial and Residential. The Commercial commanded largest market share of 73.12% in 2022, followed by Residential.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 35.56% in 2022, followed by Americas.
Market Statistics:The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:The FPNV Positioning Matrix is an indispensable tool for assessing the Smart Water Metering Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:The Market Share Analysis offers invaluable insights into the vendor landscape Smart Water Metering Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:The report delves into recent significant developments in the Smart Water Metering Market, highlighting leading vendors and their innovative profiles. These include Aclara Technologies LLC, Arad Group, B Meters S.r.l., Badger Meter, Inc., Datamatics Global Services Ltd, Electronet Equipments Private Limited, Honeywell International Inc., Itron Inc., Kamstrup, Landis+Gyr AG, Neptune Technology Group, STMicroelectronics N.V., Telbit (Pty) Ltd, Xylem Inc., and Zenner International GmbH & Co. KG.
The report offers valuable insights on the following aspects:- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:- What is the market size and forecast for the Smart Water Metering Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Smart Water Metering Market?
- What is the competitive strategic window for identifying opportunities in the Smart Water Metering Market?
- What are the latest technology trends and regulatory frameworks in the Smart Water Metering Market?
- What is the market share of the leading vendors in the Smart Water Metering Market?
- Which modes and strategic moves are suitable for entering the Smart Water Metering Market?
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