GLOBAL SMART WATER METER MARKET 2019-2027

Energy, Power & Utilities | Utilities

GLOBAL SMART WATER METER MARKET 2019-2027

Market By Technology, End-user And Geography | Forecast 2019-2027

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Triton Market Research forecasts that the global market for smart water meter, which was valued at $4.23 billion in 2018, is expected to reach $8.13 billion by 2027, growing at a CAGR of 7.59% during the forecast period 2019-2027.

Smart water meters help water utilities to manage their water networks more efficiently. They also provide better customer service, chiefly by allowing end-users to determine water consumption during peak periods accurately. This is the main reason why smart meters are replacing analog & other old technology meters and are being promoted in residential, commercial, and industrial sectors to record real-time consumption of utility services.




A Triton Market Research report on smart water meter provides an in-depth insight of the market. The detailed analysis of the market includes key insights, Porter's five force analysis, market attractiveness index, vendor scorecard and industry components.

Smart water technologies are gaining importance owing to the dwindling water resources around the globe and increasing wastewater disposal costs. Smart water meters allow utilities to understand where the water is going and the quantity of water used. This helps utilities to drive down NRW (Non-Revenue Water) by providing more resources in water-stressed areas and cater to greater populations by better managing the water usage. Smart water meters can also be an integral part of a strategy to preserve water supplies, increase connected populations, and ensure equitable access and charging for customers. Thus, the increasing demand for sustainable water supply across different industries and the benefits offered by smart water meters are the major drivers of market growth.

Moreover, with the advent of "Smart City" plans, there are more opportunities for smart meter applications. Governments across the globe are allotting funds to establish new smart cities as well to turn existing cities smart. Smart cities can be defined as the integration of smart technologies, such as intelligent meters, smart grids, and the Internet of Things (IoT) technologies in the city infrastructure, to provide efficient operation of all the processes. By connecting the water meters with the internet network, companies have eradicated the necessity for onsite meter readings, which is saving resources and time and even improving customer satisfaction.

The costs associated with smart water metering are high, which remains a major challenge affecting the adoption of smart water meters. The cost of smart water meter installation is comparatively higher than that of conventional meters. Furthermore, different smart meters are designed with different parameters, based on the operational requirements and consumer requirements, thereby, increasing their costs. Also, the return on investment for these meters is realized within a span of five to eight years.


Key geographies covered in the global smart water meter market are:

           North America: United States and Canada

           Europe: United Kingdom, France, Germany, Spain, Italy, Russia and Rest of Europe

           Asia-Pacific: China, Japan, India, Australia, South Korea, ASEAN Countries and Rest of Asia-Pacific

           Latin America: Brazil, Mexico and Rest of Latin America

           The Middle East and Africa: United Arab Emirates, Saudi Arabia, Turkey, South Africa and Rest of Middle East & Africa

The segmentation analysis of the smart water meter includes:

           Technology is segmented into:

            O         Automatic meter reading (AMR)

            O         Advanced metering infrastructure (AMI)

           End-Users are segmented into:

            O         Commercial

            O         Industrial

            O         Residential

Key smart water meter companies profiled in the report include Sensus (Acquired by Xylem), Badger Meter Inc, Elster Group GmbH (Acquired By Honeywell International), Landis+Gyr(Acquired by Toshiba Corporation), Itron Inc, MASTER METER (Acquired by Arad Group), Kamstrup A/S, Aclara Technologies LLC (Acquired by Hubbell Incorporated), ZENNER International GmbH & Co KG, Arad Group, Diehl Stiftung & Co KG, Mueller Water Products Inc, ICSA (India), Neptune Technology Group Inc and Datamatic Inc.

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Table of Content

1.    GLOBAL SMART WATER METER MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1. SHRINKING WATER RESOURCES ACROSS THE WORLD

2.2.2. INCREASING FOCUS ON ACCOUNTABILITY OF NON-REVENUE WATER (NRW)

2.2.3. ADVANCED METERING INFRASTRUCTURE (AMI) IS ANTICIPATED TO GROW AT THE HIGHEST CAGR

2.3. PORTER’S FIVE FORCE ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. INDUSTRY COMPONENTS

2.7. MARKET DRIVERS

2.7.1. DEMAND FOR SUSTAINABLE WATER SUPPLY ACROSS VARIOUS INDUSTRIES IS ON THE RISE

2.7.2. BENEFITS OFFERED BY SMART WATER METERS

2.8. MARKET RESTRAINTS

2.8.1. HIGHER COST OF SMART WATER METER INSTALLATION

2.8.2. OPERATIONAL ISSUES

2.9. MARKET OPPORTUNITIES

2.9.1. EVOLVING SUSTAINABLE WATER MANAGEMENT SYSTEMS

2.9.2. SMART CITY PROJECTS IN THE PIPELINE ACROSS THE WORLD

2.10. MARKET CHALLENGES

2.10.1. LIMITED BUDGET ALLOCATION FOR SMART SYSTEMS

3.    GLOBAL SMART WATER METER MARKET OUTLOOK - BY TECHNOLOGY

3.1. AUTOMATIC METER READING (AMR)

3.2. ADVANCED METERING INFRASTRUCTURE (AMI)

4.    GLOBAL SMART WATER METER MARKET OUTLOOK - BY END-USER

4.1. COMMERCIAL

4.2. INDUSTRIAL

4.3. RESIDENTIAL

5.    GLOBAL SMART WATER METER MARKET – REGIONAL OUTLOOK

5.1. NORTH AMERICA

5.1.1. MARKET BY TECHNOLOGY

5.1.2. MARKET BY END-USER

5.1.3. COUNTRY ANALYSIS

5.1.3.1.      UNITED STATES

5.1.3.2.      CANADA

5.2. EUROPE

5.2.1. MARKET BY TECHNOLOGY

5.2.2. MARKET BY END-USER

5.2.3. COUNTRY ANALYSIS

5.2.3.1.      UNITED KINGDOM

5.2.3.2.      GERMANY

5.2.3.3.      FRANCE

5.2.3.4.      SPAIN

5.2.3.5.      ITALY

5.2.3.6.      RUSSIA

5.2.3.7.      REST OF EUROPE

5.3. ASIA-PACIFIC

5.3.1. MARKET BY TECHNOLOGY

5.3.2. MARKET BY END-USER

5.3.3. COUNTRY ANALYSIS

5.3.3.1.      CHINA

5.3.3.2.      JAPAN

5.3.3.3.      INDIA

5.3.3.4.      SOUTH KOREA

5.3.3.5.      ASEAN COUNTRIES

5.3.3.6.      AUSTRALIA & NEW ZEALAND

5.3.3.7.      REST OF ASIA-PACIFIC

5.4. LATIN AMERICA

5.4.1. MARKET BY TECHNOLOGY

5.4.2. MARKET BY END-USER

5.4.3. COUNTRY ANALYSIS

5.4.3.1.      BRAZIL

5.4.3.2.      MEXICO

5.4.3.3.      REST OF LATIN AMERICA

5.5. MIDDLE EAST AND AFRICA

5.5.1. MARKET BY TECHNOLOGY

5.5.2. MARKET BY END-USER

5.5.3. COUNTRY ANALYSIS

5.5.3.1.      UNITED ARAB EMIRATES

5.5.3.2.      SAUDI ARABIA

5.5.3.3.      TURKEY

5.5.3.4.      SOUTH AFRICA

5.5.3.5.      REST OF MIDDLE EAST & AFRICA

6.    COMPETITIVE LANDSCAPE

6.1. SENSUS (ACQUIRED BY XYLEM)

6.2. BADGER METER INC

6.3. ELSTER GROUP GMBH (ACQUIRED BY HONEYWELL INTERNATIONAL)

6.4. LANDIS+GYR (ACQUIRED BY TOSHIBA CORPORATION)

6.5. ITRON INC

6.6. MASTER METER (ACQUIRED BY ARAD GROUP)

6.7. KAMSTRUP A/S

6.8. ACLARA TECHNOLOGIES LLC (ACQUIRED BY HUBBELL INCORPORATED)

6.9. ZENNER INTERNATIONAL GMBH & CO KG

6.10.   ARAD GROUP

6.11.   DIEHL STIFTUNG & CO KG

6.12.   MUELLER WATER PRODUCTS INC

6.13.    ICSA (INDIA)

6.14.     NEPTUNE TECHNOLOGY GROUP INC

6.15.     DATAMATIC INC

7.    RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of table

TABLE 1: GLOBAL SMART WATER METER MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)      

TABLE 2: VENDOR SCORECARD        

TABLE 3: NUMBER OF PEOPLE NOT HAVING ACCESS TO SAFE WATER IN TOP 10 COUNTRIES, 2017

TABLE 4: GLOBAL SMART WATER METER MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)      

TABLE 5: VARIOUS ADVANTAGES OF AMR SYSTEMS     

TABLE 6: GLOBAL SMART WATER METER MARKET, BY END-USER, 2019-2027 (IN $ MILLION)      

TABLE 7: GLOBAL SMART WATER METER MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)      

TABLE 8: NORTH AMERICA SMART WATER METER MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)      

TABLE 9: NORTH AMERICA SMART WATER METER MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)        

TABLE 10: NORTH AMERICA SMART WATER METER MARKET, BY END-USER, 2019-2027 (IN $ MILLION)   

TABLE 11: EUROPE SMART WATER METER MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)      

TABLE 12: EUROPE SMART WATER METER MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)      

TABLE 13: EUROPE SMART WATER METER MARKET, BY END-USER, 2019-2027 (IN $ MILLION)      

TABLE 14: ASIA-PACIFIC SMART WATER METER MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)      

TABLE 15: ASIA-PACIFIC SMART WATER METER MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)   

TABLE 16: ASIA-PACIFIC SMART WATER METER MARKET, BY END-USER, 2019-2027 (IN $ MILLION)      

TABLE 17: LATIN AMERICA SMART WATER METER MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)      

TABLE 18: LATIN AMERICA SMART WATER METER MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)        

TABLE 19: LATIN AMERICA SMART WATER METER MARKET, BY END-USER, 2019-2027 (IN $ MILLION)      

TABLE 20: MIDDLE EAST AND AFRICA SMART WATER METER MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 21: MIDDLE EAST AND AFRICA SMART WATER METER MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)

TABLE 22: MIDDLE EAST AND AFRICA SMART WATER METER MARKET, BY END-USER, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1: PROCESS FLOW OF SMART WATER METER  

FIGURE 2: MARKET ATTRACTIVENESS INDEX       

FIGURE 3: INDUSTRY COMPONENTS – SMART METERS

FIGURE 4: GLOBAL SMART WATER METER MARKET, BY AUTOMATIC METER READING (AMR), 2019-2027 (IN $ MILLION)          

FIGURE 5: GLOBAL SMART WATER METER MARKET, BY ADVANCED METERING INFRASTRUCTURE (AMI), 2019-2027 (IN $ MILLION)

FIGURE 6: GLOBAL SMART WATER METER MARKET, BY COMMERCIAL, 2019-2027 (IN $ MILLION)      

FIGURE 7: GLOBAL SMART WATER METER MARKET, BY INDUSTRIAL, 2019-2027 (IN $ MILLION)      

FIGURE 8: GLOBAL SMART WATER METER MARKET, BY RESIDENTIAL, 2019-2027 (IN $ MILLION)      

FIGURE 9: GLOBAL SMART WATER METER MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)      

FIGURE 10: UNITED STATES SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)

FIGURE 11: CANADA SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)   

FIGURE 12: UNITED KINGDOM SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 13: GERMANY SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 14: FRANCE SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)   

FIGURE 15: SPAIN SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)

FIGURE 16: ITALY SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)

FIGURE 17: RUSSIA SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)    

FIGURE 18: REST OF EUROPE SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 19: CHINA SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)

FIGURE 20: JAPAN SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)

FIGURE 21: INDIA SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)

FIGURE 22: SOUTH KOREA SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)  

FIGURE 23: ASEAN COUNTRIES SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 24: AUSTRALIA & NEW ZEALAND SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 25: REST OF ASIA-PACIFIC SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 26: BRAZIL SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27: MEXICO SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)   

FIGURE 28: REST OF LATIN AMERICA SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 29: UNITED ARAB EMIRATES SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 30: SAUDI ARABIA SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)   

FIGURE 31: TURKEY SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)   

FIGURE 32: SOUTH AFRICA SMART WATER METER MARKET, 2019-2027 (IN $ MILLION) 

FIGURE 33: REST OF MIDDLE EAST & AFRICA SMART WATER METER MARKET, 2019-2027 (IN $ MILLION)        

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