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Smart Water Meter Market Insights by Type, Application, Geography, Growth and Demand Forecast to 2025 For Major Players: Badger Meter, Itron, Inc. & Diehl

Smart Water Meter Market Insights by Type, Application, Geography, Growth and Demand Forecast to 2025 For Major Players: Badger Meter, Itron, Inc. & Diehl

 

 
The surging water crisis furthermore lifts the interest for a sensible plan towards water administration. Water utilities are the genuine consumers of these water meters and it is predicted to lead the market in the midst of the gauge time frame. This is a result of their necessity of channelizing the conveyance methods of considerable measure of water.

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The smart water meter industry is, all things considered, subject to communication technology. The new time of internet of things (IoT) has been displaying growth opportunity for this industry. The IoT can be generally valuable in the locales having vulnerability about rain as it helps the advantageous utilization of rain water.

The interest for advanced metering infrastructure (AMI) has been developing at a steady pace and is expected to encourage further growth opportunities to the smart water meter industry. Most of this demand is expected to originate from water utilities as they have larger budgets as compared to the industrial and residential consumers.

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The Keystone Utility Systems, through a contract with Sammamish Plateau Water in the U.S., was supposed to install around 18,000 smart water meters in the country by late 2016. Based on information from Smart Water Summit, around 80% of water utilities in the U.S. have included the up-gradation and repairs of their water infrastructure in their capital plans.

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Owing to an average number of smart water meter manufacturers, the intensity of rivalry is medium. Since, the worldwide smart water meter market opens growth opportunities in future, it is expected that manufacturers will make new investments and launch advanced smart water meters, thus creating high intensity of rivalry.

Some of the key players operating in this market include Badger Meter, Itron, Landis+Gyr, Elster Group, Kamstrup, Aclara Technologies, Sensus, Neptune, Diehl and Acquiba.

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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