Smart Water Metering Market
Smart Water Metering Market - Global Industry Assessment & Forecast
Segments Covered
- By Technology AMI, AMR
- By Component IT Solutions, Communications, Meters & Accessories
- By Meter Type Ultrasonic Meter, Electromagnetic Meter, Mechanical Meter
- By Application Water Utilities, Industries
- By Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 7.70 Billion |
Revenue 2030: | USD 16.52 Billion |
Revenue CAGR (2023 - 2030): | 10.00% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Smart Water Metering Market by Technology by Component by Meter Type by Application by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Along with the exhaustive secondary research, we at Vantage Market Research, conduct in-depth primary research to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the data requirements such as Smart Water Metering supply-demand scenario in the global and regional markets, global and regional market size and segmental trends, and revalidation of secondary research outcomes and findings among others.
Data Triangulation and Market Size Estimations
After the determination of the overall market size, from the secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Smart Water Metering market.
FAQ
Frequently Asked Question
What is the global demand for Smart Water Metering in terms of revenue?
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The global Smart Water Metering valued at USD 7.70 Billion in 2022 and is expected to reach USD 16.52 Billion in 2030 growing at a CAGR of 10.00%.
Which are the prominent players in the market?
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The prominent players in the market are Kamsturp (Denmark), Diehl (Germany), Badger Meter (US), Itron (US), Landis+Gyr (Germany), Neptune Technology Group (US), Sensus (US), Aclara Technologies (US), BMETER (Italy), Honeywell (US), Datamatic (US), and ZENNER (Germany)..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 10.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Smart Water Metering include
- Growing Focus on Improving Water Utilization and Conservation to Boost the Market Growth
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Smart Water Metering in 2022.