Market by Technology, End-user, and Country Outlook | Forecast 2022-2028
A study by Triton Market Research on
Europe’s smart water meter market shows that it will grow with a CAGR of 7.94% during the forecast years
2022-2028.
Report scope can be customized per your requirements. Request For Customization
The countries analyzed in this market include:
• Italy
• France
• Spain
• Germany
• The
United Kingdom
• Rest
of Europe
Spurred by the COVID-19 pandemic, Europe plans
to phase out AMR solutions within the next five to seven years, to enable
remote visibility and improve system resilience. The region has also been one
of the earliest adopters of LPWAN solutions, along with North America. Germany,
the UK, France, and Spain are the region’s leading markets. The AMP 7 and other
conservation policies drive the United Kingdom projects; whereas, the demand
for automated billing and efficient NRW management is very important in Spain,
Germany, and France.
The United Kingdom has been one of the
frontrunners in promoting smart water meter adoption. Thames Water Utilities
Limited, a leading vendor, began offering free home visits to assist customers
save water, energy, and money. The company has rolled out 240,000 smart meters
developed by Sensus, that show hourly data. Moreover, by 2030, it aims to
deploy meters in 75% of house properties in London and 90% in the Thames
Valley. Such developments are driving the market growth in the UK.
In Germany, the Federal Council has approved the
implementation of a law supporting the rollout of smart water meters throughout
the nation. The law is meant to open the country’s energy market to
digitalization while also guaranteeing high standards for ICT and data
protection. The Bad König town, near Darmstadt, selected Sensus’ iPERL
advanced meter system after a trial demonstration, installing 1,600 iPERL smart
water meters. Additionally, it also procured 1,400 units more when the previously
purchased systems considerably reduced meter failures and majorly slashed
inspection times.
Advanced metering infrastructure (AMI) is a more
developed technology in comparison with automatic meter reading (AMR). AMI
facilitates two-way communication. It is automated and enables to gain
real-time water data for consumers as well as the utility. Data is captured
many times every day and provides elaborate information, like real-time
consumption, time of use, and peak consumption, thus enabling better customer
management and enhanced operations.
The
report assesses the market according to technology and end-user. Here, the technology segment comprises advanced
metering infrastructure (AMI) and automatic meter reading (AMR).
The
renowned companies in the smart water meter market include Diehl Stiftung &
Co KG, Landis+Gyr AG, Sensus (acquired by Xylem), Mueller Water Products Inc,
Datamatic Inc, Elster Group GmbH, ICSA (India) Limited, and Arad Group.
Diehl Stiftung & Co KG provides
semi-finished products and forgings-rolled products for electronic &
electro-technical applications. In addition, it also offers a broad range of
meters, including flow meters for water, flow meters for thermal energy, and
flowmeters for sub-metering, as well as systems for remote meter reading. The
company serves the electronics, automotive, and sanitation industries. Diehl
Metering is its corporate division, which employs more than 17,000 people
worldwide. The company has over 20 years of experience in supplying solutions
for the efficient use of water, gas, thermal energy, and electricity. Diehl
Stiftung is headquartered in Nuremberg, Germany.
Key deliverables of the report:
● Market CAGR during the forecasting years 2022-2028
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the smart water meter market revenue growth in Europe and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model
● A wide-ranging study of factors that will challenge the Europe
smart water meter market’s growth during the upcoming years
Want to get specific insights? Our
team of analysts can customize this report based on your preferences. Connect
with us here.
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1. EUROPE
SMART WATER METER MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE SMART WATER METER MARKET
2.2. PARENT
MARKET ANALYSIS: SMART METER MARKET
2.3. KEY
INSIGHTS
2.3.1. SHRINKING
WATER RESOURCES ACROSS THE WORLD
2.3.2. INCREASING
FOCUS ON ACCOUNTABILITY OF NON-REVENUE WATER (NRW)
2.3.3. ADVANCED
METERING INFRASTRUCTURE (AMI) ANTICIPATED TO PROJECT THE HIGHEST CAGR
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTES
2.4.3. BARGAINING
POWER OF BUYERS
2.4.4. BARGAINING
POWER OF SUPPLIERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. KEY
STRATEGIC DEVELOPMENTS
2.8.1. MERGERS
& ACQUISITIONS
2.8.2. PRODUCT
LAUNCHES & DEVELOPMENTS
2.8.3. PARTNERSHIPS
& AGREEMENTS
2.9. MARKET
DRIVERS
2.9.1. RISING
DEMAND FOR SUSTAINABLE WATER SUPPLY ACROSS VARIOUS INDUSTRIES
2.9.2. BENEFITS
OFFERED BY SMART WATER METERS
2.10. MARKET
CHALLENGES
2.10.1. LIMITED
BUDGETS ALLOCATION FOR SMART SYSTEMS
2.10.2. HIGHER
COST OF SMART WATER METER INSTALLATION
2.10.3. OPERATIONAL
ISSUES
2.11. MARKET
OPPORTUNITIES
2.11.1. EVOLVING
SUSTAINABLE WATER MANAGEMENT SYSTEMS
2.11.2. SMART
CITY PROJECTS IN THE PIPELINE ACROSS THE WORLD
3. EUROPE
SMART WATER METER MARKET OUTLOOK – BY TECHNOLOGY
3.1. AUTOMATIC
METER READING (AMR)
3.2. ADVANCED
METERING INFRASTRUCTURE (AMI)
4. EUROPE
SMART WATER METER MARKET OUTLOOK – BY END-USER
4.1. RESIDENTIAL
4.2. COMMERCIAL
& INDUSTRIAL
5. EUROPE
SMART WATER METER MARKET – COUNTRY OUTLOOK
5.1. UNITED
KINGDOM
5.2. GERMANY
5.3. FRANCE
5.4. SPAIN
5.5. ITALY
5.6. REST
OF EUROPE
6. COMPETITIVE
LANDSCAPE
6.1. ACLARA
TECHNOLOGIES LLC (ACQUIRED BY HUBBELL INCORPORATED)
6.2. ARAD
GROUP
6.3. BADGER
METER INC
6.4. DATAMATIC
INC
6.5. DIEHL
STIFTUNG & CO KG
6.6. MASTER
METER INC (ACQUIRED BY ARAD LTD)
6.7. MUELLER
WATER PRODUCTS INC
6.8. NEPTUNE
TECHNOLOGY GROUP INC
6.9. SENSUS
(ACQUIRED BY XYLEM)
6.10. ZENNER
INTERNATIONAL GMBH & CO KG
6.11. ELSTER
GROUP GMBH
6.12. ICSA
(INDIA) LIMITED
6.13. ITRON
INC
6.14. KAMSTRUP
AS
6.15. LANDIS+GYR
AG
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE SMART WATER
METER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF MERGERS &
ACQUISITIONS
TABLE 4: LIST OF PRODUCT
LAUNCHES & DEVELOPMENTS
TABLE 5: LIST OF PARTNERSHIPS
& AGREEMENTS
TABLE 6: 10 COUNTRIES WITH THE
HIGHEST % OF THE POPULATION LACKING BASIC ACCESS TO WATER, 2019
TABLE 7: NUMBER OF PEOPLE NOT
HAVING ACCESS TO SAFE WATER IN TOP 10 COUNTRIES, 2017
TABLE 8: EUROPE SMART WATER
METER MARKET, BY TECHNOLOGY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 9: VARIOUS ADVANTAGES OF
AMR SYSTEMS
TABLE 10: EUROPE SMART WATER
METER MARKET, BY END-USER OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 11: EUROPE SMART WATER
METER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: PROCESS FLOW OF
SMART WATER METERS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
– SMART METERS
FIGURE 4: TYPES OF SMART METERS
FIGURE 5: EUROPE SMART WATER
METER MARKET, TECHNOLOGY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 6: EUROPE SMART WATER
METER MARKET, BY AUTOMATIC METER READING (AMR), 2022-2028 (IN $ MILLION)
FIGURE 7: EUROPE SMART WATER
METER MARKET, BY ADVANCED METERING INFRASTRUCTURE (AMI), 2022-2028 (IN $
MILLION)
FIGURE 8: EUROPE SMART WATER
METER MARKET, END-USER OUTLOOK, 2021 & 2028 (IN %)
FIGURE 9: EUROPE SMART WATER
METER MARKET, BY RESIDENTIAL, 2022-2028 (IN $ MILLION)
FIGURE 10: EUROPE SMART WATER
METER MARKET, BY COMMERCIAL & INDUSTRIAL, 2022-2028 (IN $ MILLION)
FIGURE 11: EUROPE SMART WATER
METER MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 12: UNITED KINGDOM
SMART WATER METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 13: GERMANY SMART WATER
METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 14: FRANCE SMART WATER
METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 15: SPAIN SMART WATER
METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 16: ITALY SMART WATER
METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 17: REST OF EUROPE
SMART WATER METER MARKET 2022-2028 (IN $ MILLION)