The multinational Smart Water Meters market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Smart water meter is a new type of water metering which uses modern micro electro technology, modern sensor technology, and smart IC card technology. It can not only measure water use, but can transfer water use data and settle trading.
Smart Water Meter are mainly classified into the following types: Pre-payment electricity Type, Remote transmitting Type and Electronics Type, etc. Remote transmitting Type now is the most widely used type which takes up about 42% of the total market in 2017.
Smart Water Meter have wide range of applications, such as Residential, Industrial and Commercial, etc. Residential was the most widely used area which took up about 77.5% of the global total in 2017.
The global large producers mainly concentrates in Europe, North America and Asia. The global leading players in this market are Arad Group (Israel), Kamstrup (Denmark), Xylem (Sensus) (United Kingdom), Badger Meter (USA), Takahata Precison (Japan), Diehl Metering (Germany) and Sanchuan (China), etc. Top 5 players took about 1/3 the total market in 2017.
In the global Smart Water Meters market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
Arad Group
Kamstrup
Xylem (Sensus)
Badger Meter
Takahata Precison
Diehl Metering
Itron
Neptune Technology Group
Honeywell (Elster)
B METERS
Sanchuan
Suntront
iESLab
Chongqing Intelligence
Ningbo Water Meter
Wasion Group
Shenzhen Huaxu
Hunan Changde
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Pre-payment Electricity Meter
Remote Transmitting Water Meter
Electronics Meter
In market segmentation by applications :
Residential
Industrial
Commercial
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Smart Water Meters market for the forecast period 2020 - 2025?
• What are the driving forces in the Smart Water Meters market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Smart Water Meters industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?