Asia-pacific Smart Water Meter Market Forecast 2022-2030
KEY FINDINGS
The Asia-Pacific smart water meter market is evaluated to record a CAGR of 9.42% during the forecast period, 2022-2030. The adoption of smart water meters is boosted by rapid urbanization. Also, the government is pushing for a one-household-one-meter policy, encompassing 656 cities to upgrade their water metering systems.
MARKET INSIGHTS
The Asia-Pacific smart water meter market growth analysis includes the evaluation of Japan, South Korea, China, India, Thailand, Australia and New Zealand, Vietnam, and Rest of Asia-Pacific. Countries like Indonesia are partnering with various government agencies to develop smart water management. For instance, Perum Jasa Tirta II (PJT II) collaborated with Korea Water Resources Corporation (K-Water) for information technology development. In countries like Thailand, smart water management has become essential due to the periodic occurrence of natural disasters. The initiatives taken by the government for systematic water resource management are expected to enhance the adoption of smart water meters.
In Vietnam, the smart water meter is used to tackle the problem of huge water loss every year. Also, various programs are being undertaken wherein, through the installation of small scale water treatment technology systems, it aims to provide safe drinking water to the students. In Australia, the advanced technology used to solve acute water scarcity affects market growth indirectly, in a positive manner.
COMPETITIVE INSIGHTS
Landis+Gyr AG (Acquired by Toshiba Corporation), ICSA (India) Limited, Mueller Water Products Inc, Badger Meter Inc, etc., are some of the leading companies in the market.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 3. Market Dynamics
- 3.1. Parent Market Analysis: Smart Meters Market
- 3.2. Key Drivers
- 3.2.1. Need For Sustainable Management And Appropriate Availability Of Existing Water
- 3.2.2. Superiority Of Smart Water Meters Over Traditional Water Meters
- 3.2.3. Rising Smart City Projects
- 3.3. Key Restraints
- 3.3.1. High Installation Costs
- 3.3.2. Lack Of Availability Of Capital Funding
- 3.3.3. Vulnerabilities Of Smart Water Meters
- 4. Key Analytics
- 4.1. Impact Of Covid-19 On Smart Water Meter Market
- 4.2. Key Market Trends
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Opportunity Matrix
- 4.5. Vendor Landscape
- 4.6. Value Chain Analysis
- 5. Market By Type
- 5.1. Automatic Meter Reading (Amr)
- 5.2. Advanced Metering Infrastructure (Ami)
- 6. Market By End-user
- 6.1. Residential
- 6.2. Commercial & Industrial
- 7. Geographical Analysis
- 7.1. Asia-pacific
- 7.1.1. Market Size & Estimates
- 7.1.2. Key Growth Enablers
- 7.1.3. Key Challenges
- 7.1.4. Key Players
- 7.1.5. Country Analysis
- 7.1.5.1. China
- 7.1.5.2. Japan
- 7.1.5.3. India
- 7.1.5.4. South Korea
- 7.1.5.5. Indonesia
- 7.1.5.6. Thailand
- 7.1.5.7. Vietnam
- 7.1.5.8. Australia & New Zealand
- 7.1.5.9. Rest Of Asia-pacific
- 8. Competitive Landscape
- 8.1. Key Strategic Developments
- 8.1.1. Mergers & Acquisitions
- 8.1.2. Product Launches & Developments
- 8.1.3. Partnerships & Agreements
- 8.1.4. Business Expansions & Divestitures
- 8.2. Company Profiles
- 8.2.1. Aclara Technologies Llc (Acquired By Hubbell Incorporated)
- 8.2.2. Arad Group
- 8.2.3. Badger Meter Inc
- 8.2.4. Datamatic Inc
- 8.2.5. Diehl Stiftung & Co Kg
- 8.2.6. Elster Group Gmbh (Acquired By Honeywell International)
- 8.2.7. Icsa (India) Limited
- 8.2.8. Itron Inc
- 8.2.9. Kamstrup As
- 8.2.10. Landis+Gyr Ag (Acquired By Toshiba Corporation)
- 8.2.11. Master Meter Inc (Acquired By Arad Ltd)
- 8.2.12. Mueller Water Products Inc
- 8.2.13. Neptune Technology Group Inc
- 8.2.14. Sensus Usa Inc (Acquired By Xylem)
- 8.2.15. Zenner International Gmbh & Co Kg
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