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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.
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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.
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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.
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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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