North America Smart Water Meter Market Forecast 2022-2030
KEY FINDINGS
The North America smart water meter market is projected to record a CAGR of 7.90% during the forecast period, 2022-2030. The development of smart cities in the region, the rapid development of smart water infrastructures in the region, and strict government regulations are boosting the market demands.
MARKET INSIGHTS
The North America smart water meter market growth evaluation includes the assessment of the United States and Canada. Various water regulatory and utility authorities are encouraging the adoption of smart technology solutions for the smooth running of their operations in the North American region. AMI and AMR water meters integrated with ICT are being adopted by utilities for better management of assets and distribution networks. Many utilities in North America have shown a keen interest in environmental awareness and rational utilization of resources. Several measures like mandatory water restrictions and the deployment of smart water meters to help conserve water are being undertaken due to severe drought in several states of the US.
COMPETITIVE INSIGHTS
Aclara Technologies LLC (Aclara), Itron Inc, Datamatic Inc, Master Meter Inc, Mueller Water Products Inc, etc., are some of the eminent 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. North America
- 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. United States
- 7.1.5.2. Canada
- 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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