Market by Technology, End-user, and Country Outlook | Forecast 2022-2028
A Triton Market Research report shows that the
smart water meter market in the Middle East and Africa will grow with a CAGR of 8.80% over the estimated
duration 2022-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries included in this market are:
• South
Africa
• Saudi
Arabia
• Turkey
• Rest
of Middle East & Africa
Due to water shortages and growing awareness of
water conservation, smart water meters have a significant growth potential,
particularly in the GCC nations, Egypt, Jordan, South Africa, Iran, Nigeria,
Iraq, and Kenya. In order to save water and lower water bills due to resource
scarcity, hospitals, schools, colleges, and commercial buildings in South
Africa are increasingly implementing smart water meters. Further, to expand
their market share in the majority of African nations, Chinese companies are
promoting affordable AMR-based smart water meters.
Nearly 878,800 electronic meters were installed
by Saudi Arabia’s water authorities in numerous cities throughout the Kingdom,
in 2017 and 2018. This was done as a part of a project requiring the
installation of more than 2 million smart meters and related infrastructure. In
an effort to combat the rising cost of debt in the wake of declining oil
revenues, they have begun taxing water. Gulf nations are experiencing a
groundwater shortage as a result of some of the highest water use rates
worldwide. Smart water meters are promoted as a potential solution for this
problem.
The worst drought in 30 years and a serious
water crisis hit South Africa in 2017. In addition, there were 38% water losses
in the nation, which reduced utility revenue by ZAR 7 billion ($ 435 million).
According to Sensus, the continent may face a 2.7 billion cubic meter water
shortage by 2030 if the current development trends continue. Thus, the company
launched its smart water solutions, iPERL smart water meters, and
walk-by/drive-by metering solutions using fixed radio network technology to
tackle this issue.
Hospitals, workplaces, schools, retail
locations, and restaurants comprise the commercial infrastructure for smart
water metering. Water is an important and necessary component of a hospital’s
everyday demands, and it is used for medical sanitation and sterilization. A
smart water meter is used to monitor daily water usage and find any leaks.
Regular investments in commercial end-users who benefit from this technology
and increased productivity are likely to have a favorable effect on the
market’s growth.
The
report assesses the market on the basis of end-user and technology. Here, the end-user segment comprises commercial
& industrial and residential.
The
dominant players in the smart water meter market include Zenner International
GmbH & Co KG, Badger Meter Inc, Aclara Technologies LLC (acquired by
Hubbell Incorporated), Arad Group, Mueller Water Products Inc, Elster Group
GmbH, Sensus (acquired by Xylem), and ICSA (India) Limited.
Arad Ltd develops, manufactures, and sells water
meters. The company also offers automatic meter readings and water management
systems, such as systems for collecting and evaluating water quality.
Residential water meters, octave ultrasonic meters, velocity type water meters,
irrigation & farm water meters, Woltman water meters, automatic metering
valves, fertilizers meters, and hydrometer items are all included in the
company’s product line. The company also offers maintenance & support,
expert training, site analysis, financing, and IT services to water management
and utility organizations throughout the world. The group is headquartered in Kibbutz
Dalia, Israel.
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 the Middle East and Africa 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 Middle East and Africa 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. MIDDLE
EAST AND AFRICA 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. MIDDLE
EAST AND AFRICA SMART WATER METER MARKET OUTLOOK – BY TECHNOLOGY
3.1. AUTOMATIC
METER READING (AMR)
3.2. ADVANCED
METERING INFRASTRUCTURE (AMI)
4. MIDDLE
EAST AND AFRICA SMART WATER METER MARKET OUTLOOK – BY END-USER
4.1. RESIDENTIAL
4.2. COMMERCIAL
& INDUSTRIAL
5. MIDDLE
EAST AND AFRICA SMART WATER METER MARKET – COUNTRY OUTLOOK
5.1. UNITED
ARAB EMIRATES
5.2. SAUDI
ARABIA
5.3. TURKEY
5.4. SOUTH
AFRICA
5.5. REST
OF MIDDLE EAST & AFRICA
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: MIDDLE EAST AND
AFRICA 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: MIDDLE EAST AND
AFRICA SMART WATER METER MARKET, BY TECHNOLOGY OUTLOOK, 2022-2028 (IN $
MILLION)
TABLE 9: VARIOUS ADVANTAGES OF
AMR SYSTEMS
TABLE 10: MIDDLE EAST AND
AFRICA SMART WATER METER MARKET, BY END-USER OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 11: MIDDLE EAST AND
AFRICA 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: MIDDLE EAST AND
AFRICA SMART WATER METER MARKET, TECHNOLOGY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 6: MIDDLE EAST AND
AFRICA SMART WATER METER MARKET, BY AUTOMATIC METER READING (AMR), 2022-2028
(IN $ MILLION)
FIGURE 7: MIDDLE EAST AND
AFRICA SMART WATER METER MARKET, BY ADVANCED METERING INFRASTRUCTURE (AMI),
2022-2028 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND
AFRICA SMART WATER METER MARKET, END-USER OUTLOOK, 2021 & 2028 (IN %)
FIGURE 9: MIDDLE EAST AND
AFRICA SMART WATER METER MARKET, BY RESIDENTIAL, 2022-2028 (IN $ MILLION)
FIGURE 10: MIDDLE EAST AND
AFRICA SMART WATER METER MARKET, BY COMMERCIAL & INDUSTRIAL, 2022-2028 (IN
$ MILLION)
FIGURE 11: MIDDLE EAST AND
AFRICA SMART WATER METER MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 12: UNITED ARAB
EMIRATES SMART WATER METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 13: SAUDI ARABIA SMART
WATER METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 14: TURKEY SMART WATER
METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 15: SOUTH AFRICA SMART
WATER METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 16: REST OF MIDDLE EAST
& AFRICA SMART WATER METER MARKET 2022-2028 (IN $ MILLION)