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Global Smart Water Metre Market: By Type: Electromagnetic Metre, Ultrasonic Metre, Mechanical Metre; By Water Type: Hot Water Metre, Cold Water Metre; By Technology; By Component; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Smart Water Metre Market Outlook

The global smart water metre market is expected to grow at a CAGR of about 19% in the forecast period of 2022-2027 to reach a volume of around 82 million units by 2026.

 

Global Smart Water Meter Market

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North America Leading the Smart Water Metre Market

The smart water metre industry has seen a considerable rise in North America due to the significant advantages offered by smart water metres as well as government initiatives to support conservation of water as well as to integrate cities with internet/intranet-based services in the form of smart cities. These have seen a considerable rise of smart water metres in residential applications as compared to applications in the industrial sector. Since these apparatuses offer greater asset management, ease in maintenance and easier customer service, they are being considered as valuable investments. In the Asia Pacific region, the demand is expected to shoot up considerably, due to a rapidly growing population, increasing urbanisation and rising industrial development.

 

Smart Water Metre: Market Segmentation

Smart water metres are special water metres which, in addition to measuring flow of water to a particular region, are improved by means of connection to a local network or a wider network. These connections help the flow to be controlled from a remote location, thus eliminating the need for human intervention at those specific locations. These systems may also be equipped with ultrasound waves which can help detect leaks and cracks in the pipes with better precision and before they can cause damage to the entire system. It eliminates the need for noting readings, because billing can be done automatically through the metres and sent to consumers. Since these do not require human assistance, these may be installed in applications which are generally inaccessible to humans, like underground or underwater pipelines.

 

Global Smart Water Meter Market By Type

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The smart water metre industry can be segmented by type into:

  • Electromagnetic Metre
  • Ultrasonic Metre
  • Mechanical Metre
  • Others

It may be differentiated on the basis of water type into:

  • Hot Water Metre
  • Cold Water Metre

The market can be divided on the basis of technology into:

  • AMR
  • Advanced Metre Infrastructure (AMI)

It may be segmented by component as:

  • Metres and Accessories
  • IT Solutions
  • Communications

The market may be divided by application into:

  • Water Utilities
  • Industries
  • Others

The regional markets for smart water metre can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Smart Water Meter Market

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Technological Advancements Bolstering the Market Growth for Smart Water Metres

In an age where water can be scarce, smart water metres can be a valuable investment since they can detect and alert the consumers about leaks. Since they can detect changes in the pressure, flow, and temperature, they offer greater security, which can be a significant reason for the rise in the demand for these systems. Some electromagnetic or ultrasonic metres can also reduce moving parts in the apparatus, thereby ensuring less wear and tear. These factors are likely to increase the demand for smart water metres across all regions.

 

Key Industry Players in the Global Smart Water Metre Market

The report gives a detailed analysis of the following key players in the global smart water metre market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Xylem Inc.
  • Aichi Tokei Denki Co. Ltd.
  • Kamstrup A/S
  • Diehl Stiftung & Co. KG
  • Hubbell Incorporated
  • Landis+Gyr AG
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Water Type, Technology, Component, Application, Region
Breakup by Type Electromagnetic Metre, Ultrasonic Metre, Mechanical Metre, Others
Breakup by Water Type Hot Water Metre, Cold Water Metre
Breakup by Technology AMR, Advanced Metreing Infrastructure (AMI)
Breakup by Component Metres and Accessories, IT Solutions, Communications
Breakup by Application Water Utilities, Industries, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Xylem Inc., Aichi Tokei Denki Co. Ltd., Kamstrup A/S, Diehl Stiftung & Co. KG, Hubbell Incorporated, Landis+Gyr AG, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Water Metre Market Overview

    8.1    Key Industry Highlights
    8.2    Global Water Metre Historical Market (2017-2021) 
    8.3    Global Water Metre Market Forecast (2022-2027)
    8.4    Global Water Metre Market by Metre Type
        8.4.1    Market Share
        8.4.1.1    Smart
        8.4.1.2    Conventional
9    Global Smart Water Metre Market Analysis
    9.1    Key Industry Highlights
    9.2    Global Smart Water Metre Historical Market (2017-2021) 
    9.3    Global Smart Water Metre Market Forecast (2022-2027)
    9.4    Global Smart Water Metre Market by Type
        9.4.1    Electromagnetic Metre
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2017-2021)
            9.4.1.3    Forecast Trend (2022-2027)
        9.4.2    Ultrasonic Metre
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2017-2021)
            9.4.2.3    Forecast Trend (2022-2027)
        9.4.3    Mechanical Metre
            9.4.3.1    Market Share
            9.4.3.2    Historical Trend (2017-2021)
            9.4.3.3    Forecast Trend (2022-2027)
        9.4.4    Others
    9.5    Global Smart Water Metre Market by Water Type
        9.5.1    Hot Water Metre
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2017-2021)
            9.5.1.3    Forecast Trend (2022-2027)
        9.5.2    Cold Water Metre
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2017-2021)
            9.5.2.3    Forecast Trend (2022-2027)
    9.6    Global Smart Water Metre Market by Technology
        9.6.1    AMR
            9.6.1.1    Market Share
            9.6.1.2    Historical Trend (2017-2021)
            9.6.1.3    Forecast Trend (2022-2027)
        9.6.2    Advanced Metreing Infrastructure (AMI)
            9.6.2.1    Market Share
            9.6.2.2    Historical Trend (2017-2021)
            9.6.2.3    Forecast Trend (2022-2027)
    9.7    Global Smart Water Metre Market by Component
        9.7.1    Metres and Accessories
            9.7.1.1    Market Share
            9.7.1.2    Historical Trend (2017-2021)
            9.7.1.3    Forecast Trend (2022-2027)
        9.7.2    IT Solutions
            9.7.2.1    Market Share
            9.7.2.2    Historical Trend (2017-2021)
            9.7.2.3    Forecast Trend (2022-2027)
        9.7.3    Communications
            9.7.3.1    Market Share
            9.7.3.2    Historical Trend (2017-2021)
            9.7.3.3    Forecast Trend (2022-2027)
    9.8    Global Smart Water Metre Market by Application
        9.8.1    Water Utilities
            9.8.1.1    Market Share
            9.8.1.2    Historical Trend (2017-2021)
            9.8.1.3    Forecast Trend (2022-2027)
        9.8.2    Industries
            9.8.2.1    Market Share
            9.8.2.2    Historical Trend (2017-2021)
            9.8.2.3    Forecast Trend (2022-2027)
        9.8.3    Others
    9.9    Global Smart Water Metre Market by Region
        9.9.1    Market Share
            9.9.1.1    North America
            9.9.1.2    Europe
            9.9.1.3    Asia Pacific
            9.9.1.4    Latin America
            9.9.1.5    Middle East and Africa
10    Regional Analysis
    10.1    North America
        10.1.1    Historical Trend (2017-2021)
        10.1.2    Forecast Trend (2022-2027)
        10.1.3    Breakup by Country
            10.1.3.1    United States of America 
            10.1.3.2    Canada
    10.2    Europe
        10.2.1    Historical Trend (2017-2021)
        10.2.2    Forecast Trend (2022-2027)
        10.2.3    Breakup by Country
            10.2.3.1    United Kingdom
            10.2.3.2    Germany
            10.2.3.3    France
            10.2.3.4    Italy
            10.2.3.5    Others
    10.3    Asia Pacific
        10.3.1    Historical Trend (2017-2021)
        10.3.2    Forecast Trend (2022-2027)
        10.3.3    Breakup by Country
            10.3.3.1    China
            10.3.3.2    Japan
            10.3.3.3    India
            10.3.3.4    ASEAN
            10.3.3.5    Australia
            10.3.3.6    Others
    10.4    Latin America
        10.4.1    Historical Trend (2017-2021)
        10.4.2    Forecast Trend (2022-2027)
        10.4.3    Breakup by Country
            10.4.3.1    Brazil
            10.4.3.2    Argentina
            10.4.3.3    Mexico
            10.4.3.4    Others
    10.5    Middle East and Africa
        10.5.1    Historical Trend (2017-2021)
        10.5.2    Forecast Trend (2022-2027)
        10.5.3    Breakup by Country
            10.5.3.1    Saudi Arabia
            10.5.3.2    United Arab Emirates
            10.5.3.3    Nigeria
            10.5.3.4    South Africa
            10.5.3.5    Others
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyer’s Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    Key Indicators for Demand
    11.4    Key Indicators for Price
12    Value Chain Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Xylem Inc.
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Aichi Tokei Denki Co. Ltd
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Kamstrup A/S
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Diehl Stiftung & Co. KG
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Hubbell Incorporated
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Landis+Gyr AG
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Industry Events and Developments


List of Key Figures and Tables

1.    Global Water Metre Market: Key Industry Highlights, 2016 and 2026
2.    Global Water Metre Historical Market: Breakup by Type (Million Units), 2017-2021
3.    Global Water Metre Market Forecast: Breakup by Type (Million Units), 2022-2027
4.    Global Smart Water Metre Market: Key Industry Highlights, 2016 and 2026
5.    Global Smart Water Metre Historical Market: Breakup by Type (Million Units), 2017-2021
6.    Global Smart Water Metre Market Forecast: Breakup by Type (Million Units), 2022-2027
7.    Global Smart Water Metre Historical Market: Breakup by Water Type (Million Units), 2017-2021
8.    Global Smart Water Metre Market Forecast: Breakup by Water Type (Million Units), 2022-2027
9.    Global Smart Water Metre Historical Market: Breakup by Technology (Million Units), 2017-2021
10.    Global Smart Water Metre Market Forecast: Breakup by Technology (Million Units), 2022-2027
11.    Global Smart Water Metre Historical Market: Breakup by Component (Million Units), 2017-2021
12.    Global Smart Water Metre Market Forecast: Breakup by Component (Million Units), 2022-2027
13.    Global Smart Water Metre Historical Market: Breakup by Application (Million Units), 2017-2021
14.    Global Smart Water Metre Market Forecast: Breakup by Application (Million Units), 2022-2027
15.    Global Smart Water Metre Historical Market: Breakup by Region (Million Units), 2017-2021
16.    Global Smart Water Metre Market Forecast: Breakup by Region (Million Units), 2022-2027
17.    North America Smart Water Metre Historical Market: Breakup by Country (Million Units), 2017-2021
18.    North America Smart Water Metre Market Forecast: Breakup by Country (Million Units), 2022-2027
19.    Europe Smart Water Metre Historical Market: Breakup by Country (Million Units), 2017-2021
20.    Europe Smart Water Metre Market Forecast: Breakup by Country (Million Units), 2022-2027
21.    Asia Pacific Smart Water Metre Historical Market: Breakup by Country (Million Units), 2017-2021
22.    Asia Pacific Smart Water Metre Market Forecast: Breakup by Country (Million Units), 2022-2027
23.    Latin America Smart Water Metre Historical Market: Breakup by Country (Million Units), 2017-2021
24.    Latin America Smart Water Metre Market Forecast: Breakup by Country (Million Units), 2022-2027
25.    Middle East and Africa Smart Water Metre Historical Market: Breakup by Country (Million Units), 2017-2021
26.    Middle East and Africa Smart Water Metre Market Forecast: Breakup by Country (Million Units), 2022-2027
27.    Global Smart Water Metre Market Structure

Key Questions Answered in the Report

The global smart water metre market is projected to grow at a CAGR of 19% between 2022 and 2027.

The major drivers of the market include the rapidly growing population, increasing urbanisation, rising industrial development, rising penetration of smart water metres, growing popularity of IoT networks, rising development of the smart city infrastructure, and increasing water scarcity issues across the globe.

The significant advantages offered by smart water metres and government initiatives to support conservation of water are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The smart water metre industry can be segmented by type into electromagnetic metre, ultrasonic metre, and mechanical metre, among others.

The market can be differentiated on the basis of water type into hot water metre and cold-water metre.

The market can be divided on the basis of technology into AMR and advanced metering infrastructure (AMI).

Metres and accessories, IT solutions, and communications are the components in the market.

The market may be divided by application into water utilities and industries, among others.

The major players in the industry are Xylem Inc., Aichi Tokei Denki Co. Ltd., Kamstrup A/S, Diehl Stiftung & Co. KG, Hubbell Incorporated, and Landis+Gyr AG, among others.

Analyst Review

The global smart water metre market was driven by the significant advantages offered by smart water metres in the historical period. Aided by rising industrial development and government initiatives to support conservation of water, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 19%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The smart water metre industry can be segmented by type into electromagnetic metre, ultrasonic metre, and mechanical metre, among others. The market can be differentiated on the basis of water type into hot water metre and cold water metre. The market can be divided on the basis of technology into AMR and advanced metering infrastructure (AMI). Metres and accessories, IT solutions, and communications are the components in the market. The market may be divided by application into water utilities and industries, among others. The major regional markets for smart water metre are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Xylem Inc., Aichi Tokei Denki Co. Ltd., Kamstrup A/S, Diehl Stiftung & Co. KG, Hubbell Incorporated, and Landis+Gyr AG, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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