Latin America Smart Water Meter Market 2022-2028
MARKET OUTLOOK
Latin America’s smart water meter market is predicted to grow with a CAGR of 8.64% during the projected period from 2022 to 2028, as per a report by Triton Market Research. Brazil, Mexico, and Rest of Latin America together comprise the market in this region.
AEGEA, a utility holding company in Brazil, has announced that it will support its subsidiary Nascentos do Xingu in providing solutions for water management. The technology is used to better understand water consumption patterns in order to develop tailored water efficiency plans. This can also be used to upgrade the power distribution system in the country to meet the rising demand for smart water meters due to a rapidly expanding customer base. The energy-saving aspect of smart infrastructure is anticipated to drive the growth of the market in Brazil.
In Mexico, various cities are promoting the adoption of smart water meters. For example, the City of Santa Fe selected BEACON smart water metering solution by Badger Meter for installation at all of its water metering endpoints, for residential as well as commercial customers. Further, the Arad Group based in Israel has acquired Cicasa, a Mexican water meter manufacturer, for $2.04 million. While the deal boosts Arad’s revenue, the group is also gaining a foothold in the fast-growing Mexican market, as well as in the vast Latin American market.
COMPETITIVE OUTLOOK
The distinguished players operating in the smart water meter market include Elster Group GmbH, Badger Meter Inc, Itron Inc, Arad Group, Zenner International GmbH & Co KG, Kamstrup AS, Diehl Stiftung & Co KG, and Datamatic Inc.
- 1. Latin America Smart Water Meter Market – Summary
- 2. Industry Outlook
- 2.1. Impact Of Covid-19 On The Smart Water Meter Market
- 2.2. Parent Market Analysis: Smart Meter Market
- 2.3. Key Insights
- 2.3.1. Shrinking Water Resources Across The World
- 2.3.2. Increasing Focus On Accountability Of Non-revenue Water (Nrw)
- 2.3.3. Advanced Metering Infrastructure (Ami) Anticipated To Project The Highest Cagr
- 2.4. Porter’s Five Forces Analysis
- 2.4.1. Threat Of New Entrants
- 2.4.2. Threat Of Substitutes
- 2.4.3. Bargaining Power Of Buyers
- 2.4.4. Bargaining Power Of Suppliers
- 2.4.5. Threat Of Competitive Rivalry
- 2.5. Market Attractiveness Index
- 2.6. Vendor Scorecard
- 2.7. Industry Components
- 2.8. Key Strategic Developments
- 2.8.1. Mergers & Acquisitions
- 2.8.2. Product Launches & Developments
- 2.8.3. Partnerships & Agreements
- 2.9. Market Drivers
- 2.9.1. Rising Demand For Sustainable Water Supply Across Various Industries
- 2.9.2. Benefits Offered By Smart Water Meters
- 2.10. Market Challenges
- 2.10.1. Limited Budgets Allocation For Smart Systems
- 2.10.2. Higher Cost Of Smart Water Meter Installation
- 2.10.3. Operational Issues
- 2.11. Market Opportunities
- 2.11.1. Evolving Sustainable Water Management Systems
- 2.11.2. Smart City Projects In The Pipeline Across The World
- 3. Latin America Smart Water Meter Market Outlook – By Technology
- 3.1. Automatic Meter Reading (Amr)
- 3.2. Advanced Metering Infrastructure (Ami)
- 4. Latin America Smart Water Meter Market Outlook – By End-user
- 4.1. Residential
- 4.2. Commercial & Industrial
- 5. Latin America Smart Water Meter Market – Country Outlook
- 5.1. Brazil
- 5.2. Mexico
- 5.3. Rest Of Latin America
- 6. Competitive Landscape
- 6.1. Aclara Technologies Llc (Acquired By Hubbell Incorporated)
- 6.2. Arad Group
- 6.3. Badger Meter Inc
- 6.4. Datamatic Inc
- 6.5. Diehl Stiftung & Co Kg
- 6.6. Master Meter Inc (Acquired By Arad Ltd)
- 6.7. Mueller Water Products Inc
- 6.8. Neptune Technology Group Inc
- 6.9. Sensus (Acquired By Xylem)
- 6.10. Zenner International Gmbh & Co Kg
- 6.11. Elster Group Gmbh
- 6.12. Icsa (India) Limited
- 6.13. Itron Inc
- 6.14. Kamstrup As
- 6.15. Landis+Gyr Ag
- 7. Research Methodology & Scope
- 7.1. Research Scope & Deliverables
- 7.2. Sources Of Data
- 7.3. Research Methodology
- Table List
- Table 1: Latin America Smart Water Meter Market, By Country Outlook, 2022-2028 (In $ Million)
- Table 2: Vendor Scorecard
- Table 3: List Of Mergers & Acquisitions
- Table 4: List Of Product Launches & Developments
- Table 5: List Of Partnerships & Agreements
- Table 6: 10 Countries With The Highest % Of The Population Lacking Basic Access To Water, 2019
- Table 7: Number Of People Not Having Access To Safe Water In Top 10 Countries, 2017
- Table 8: Latin America Smart Water Meter Market, By Technology Outlook, 2022-2028 (In $ Million)
- Table 9: Various Advantages Of Amr Systems
- Table 10: Latin America Smart Water Meter Market, By End-user Outlook, 2022-2028 (In $ Million)
- Table 11: Latin America Smart Water Meter Market, By Country Outlook, 2022-2028 (In $ Million)
- Figure List
- Figure 1: Process Flow Of Smart Water Meters
- Figure 2: Market Attractiveness Index
- Figure 3: Industry Components – Smart Meters
- Figure 4: Types Of Smart Meters
- Figure 5: Latin America Smart Water Meter Market, Technology Outlook, 2021 & 2028 (In %)
- Figure 6: Latin America Smart Water Meter Market, By Automatic Meter Reading (Amr), 2022-2028 (In $ Million)
- Figure 7: Latin America Smart Water Meter Market, By Advanced Metering Infrastructure (Ami), 2022-2028 (In $ Million)
- Figure 8: Latin America Smart Water Meter Market, End-user Outlook, 2021 & 2028 (In %)
- Figure 9: Latin America Smart Water Meter Market, By Residential, 2022-2028 (In $ Million)
- Figure 10: Latin America Smart Water Meter Market, By Commercial & Industrial, 2022-2028 (In $ Million)
- Figure 11: Latin America Smart Water Meter Market, Country Outlook, 2021 & 2028 (In %)
- Figure 12: Brazil Smart Water Meter Market 2022-2028 (In $ Million)
- Figure 13: Mexico Smart Water Meter Market 2022-2028 (In $ Million)
- Figure 14: Rest Of Latin America Smart Water Meter Market 2022-2028 (In $ Million)
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