Global Smart Water Meters Market to Reach $4.3 Billion by 2027


Abstract: Global Smart Water Meters Market to Reach $4. 3 Billion by 2027. Amid the COVID-19 crisis, the global market for Smart Water Meters estimated at US$2.

New York, July 27, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Smart Water Meters Industry” – https://www.reportlinker.com/p03646041/?utm_source=GNW
8 Billion in the year 2020, is projected to reach a revised size of US$4.3 Billion by 2027, growing at aCAGR of 6.2% over the period 2020-2027. Auto Meter Reading (AMR), one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$2.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Advanced Metering Infrastructure (AMI) segment is readjusted to a revised 8.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $834.4 Million, While China is Forecast to Grow at 5.9% CAGR

The Smart Water Meters market in the U.S. is estimated at US$834.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$763.1 Million by the year 2027 trailing a CAGR of 5.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 5.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Select Competitors (Total 82 Featured)

  • Aclara Technologies LLC

  • Arad Group

  • Master Meter, Inc.

  • Contadores de Agua de Zaragoza, S.A. (Contazara)

  • Arad Measuring Technologies Wuhan Co. Ltd.

  • Arqiva Limited

  • Aquiba Pty Ltd.

  • B METERS s.r.l.

  • Badger Meter, Inc.

  • Bermad Water Technologies

  • Diehl Metering GmbH

  • Honeywell International

  • Iskraemeco, d.d.

  • Itron, Inc.

  • Kamstrup A/S

  • Mueller Water Products, Inc.

  • Neptune Technology Group Inc.

  • Sanchuan Wisdom Technology Co., Ltd.

  • Suntront Technology Co., Ltd.

  • Tantalus Systems Corp.

  • Wasion Group Co., Ltd.

  • Xylem Inc.

Read the full report: https://www.reportlinker.com/p03646041/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of COVID-19 and a Looming Global Recession on Smart
Meters Market
Unique Challenges Facing Water Utilities Amidst COVID-19
Outbreak Bring Forth the Importance of Technology Solutions
Pandemic Crisis Weakens Economic Environment, Triggering
Negative Tide in GDP
EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual
% Change) for 2019, 2020 & 2021
An Introduction to Smart Water Meters
Smart Water Metering: An Evolutionary Scan
Components of Smart Water Meters
Classification of Smart Water Meters
Smart Water Meters: Laying the Foundation of Efficient and
Reliable Utility Networks
Global Market Prospects & Outlook
EXHIBIT 2: Global Smart Water Meter Shipments Breakdown (in %)
by Basic and Smart Types for 2019, 2022 and 2025
AMI Technology to Experience High Growth
Shift toward Managed Solutions
Utilities to Post Fastest Growth Rate
Developed Regions at the Forefront of Smart Water Meter Adoption
Competition
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Technology to the Rescue of Water Utilities
Myriad Benefits of Smart Water Meters Drive Widespread Global
Adoption
Better Water Conservation and Enhanced Savings
Reduction in Non-Revenue Water (NRW) Losses
Enhanced Operational Efficiency
Improved Asset Management
Provision of Actionable Intelligence
Enabling Modernization of Aging Infrastructure
Improved Customer Relationships
With Water Utilities Focused on Increasing Investments in
Digital Solutions, Smart Water Meter Adoption Poised to Grow
EXHIBIT 3: Global Digital Utility Market Size (in US$ Billion)
for 2018, 2020, 2022 & 2024
Mounting Economic and Environmental Challenges Drive the Need
for Smart Water Networks, Spurring Demand for Smart Water
Meters
Rising Importance of Smart Water Networks Boosts Demand for
Smart Water Meters
Smart Meters Enhance Water Management Efficiency
Evolution of Smart Water Grid Emerges as a Fundamental Factor
Driving Penetration of Smart Water Meters
Key Components of a Smart Water Grid
Rise of Smart Cities and Focus on Efficient Management of Water
Resources Opens Up Opportunities for Smart Water Meters
EXHIBIT 4: At the Core of Smart Cities Are Smart Metering
Solutions for Provision of Smart Water Utility Services:
Global Market for Smart City Technologies in US$ Million for
the Years 2019 and 2025
Smart Water Meters Becomes An Important Component of Smart
Cities Worldwide
IoT-based Smart Metering to Create Smarter and Connected Cities
Integration of Intelligent Technologies and IoT Integration in
Monitoring Water Usage: Opportunity for Smart Water Meters
Increasing Investments in Smart Home Technology Solutions to
Fuel Demand for Smart Water Meters
EXHIBIT 5: Investments into Smart Connected Homes Augurs Well
for Smart Water Meters Market: Global Smart Homes Market (In
US$ Billion) for the Years 2019, 2021, 2023 & 2025
Smart Water Meters to Make Major Contributions to Efficiency
Levels in the Agricultural Sector
Innovations in Smart Water Meters Propel Adoption
Select Innovations in Smart Water Meter
Demand Rises for Two-Way Communicating Meters in Water Industry
Integrated Digital Water Meters Find Increased Acceptance
Cloud Computing Transforms Smart Water Metering Market
Blockchain Technology for Smart Water Meters
AI Makes a Mark in Water Management and Smart Metering
Big Data Analytics to Provide Actionable Insights from Smart
Meters-Generated Data
Increasing Integration of Cellular Technology in Smart Water
Meters
LPWANs to Become a Standard Approach in Smart Water Meters
WATER 4.0: Digitization of Water Industry through Smart Water
Meters
Stringent Regulations of Water Bodies and Governments
Strengthen Market Prospects
Population Growth and Demographics Drive Need for Smart Utility
Infrastructure, Supporting Demand for Smart Water Meters
EXHIBIT 6: World Population (in Thousands) by Geographic Region
for the Years 2019, 2030, 2050, 2100
EXHIBIT 7: World Urban Population in Thousands: 1950-2050P
Key Challenges Hampering Widespread Adoption of Smart Water
Management Solutions

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Smart Water Meters
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 2: World 7-Year Perspective for Smart Water Meters by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2020 & 2027

Table 3: World Current & Future Analysis for Auto Meter Reading
(AMR) by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 4: World 7-Year Perspective for Auto Meter Reading (AMR)
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 5: World Current & Future Analysis for Advanced Metering
Infrastructure (AMI) by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 6: World 7-Year Perspective for Advanced Metering
Infrastructure (AMI) by Geographic Region – Percentage
Breakdown of Value Sales for USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World for Years 2020 & 2027

Table 7: World Current & Future Analysis for Residential by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 8: World 7-Year Perspective for Residential by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 9: World Current & Future Analysis for Industrial by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 10: World 7-Year Perspective for Industrial by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 11: World Current & Future Analysis for Commercial by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 12: World 7-Year Perspective for Commercial by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
While COVID-19 Hits Smart Meters Market, Focus on Energy
Efficiency in Utilities and Smart Cities Projects to Drive
Long-term Growth
Investments in Water Utilities with Focus on Energy Efficiency
Drive Demand for Smart Water Meters
EXHIBIT 8: US Drinking Water Infrastructure Expenditure Needs
(in US$ Billion) by Project Type in the US through 2030
EXHIBIT 9: US Smart Water Solutions Market: Percentage
Breakdown of Spending by Segment for 2016, 2020, and 2024
IoT Solutions Providers Foray into Smart Water Meters Space
Ultrasonic Metering Technology Continues to Gain Preference in
Water Utilities
Cellular Enabled Smart Water Deployments to Gain Traction
Key Factors Hampering Growth Prospects for Smart Water Meters
High Installation Cost of Smart Meters Remain Major Barrier to
Adoption
Table 13: USA Current & Future Analysis for Smart Water Meters
by Technology – Auto Meter Reading (AMR) and Advanced Metering
Infrastructure (AMI) – Independent Analysis of Annual Sales in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 14: USA 7-Year Perspective for Smart Water Meters by
Technology – Percentage Breakdown of Value Sales for Auto Meter
Reading (AMR) and Advanced Metering Infrastructure (AMI) for
the Years 2020 & 2027

Table 15: USA Current & Future Analysis for Smart Water Meters
by Application – Residential, Industrial and Commercial –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 16: USA 7-Year Perspective for Smart Water Meters by
Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

CANADA
Table 17: Canada Current & Future Analysis for Smart Water
Meters by Technology – Auto Meter Reading (AMR) and Advanced
Metering Infrastructure (AMI) – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR

Table 18: Canada 7-Year Perspective for Smart Water Meters by
Technology – Percentage Breakdown of Value Sales for Auto Meter
Reading (AMR) and Advanced Metering Infrastructure (AMI) for
the Years 2020 & 2027

Table 19: Canada Current & Future Analysis for Smart Water
Meters by Application – Residential, Industrial and Commercial –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 20: Canada 7-Year Perspective for Smart Water Meters by
Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

JAPAN
Improving Infrastructure Facilities in Cities: Essential
Drivers of Growth for Smart Meters Market
Table 21: Japan Current & Future Analysis for Smart Water
Meters by Technology – Auto Meter Reading (AMR) and Advanced
Metering Infrastructure (AMI) – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR

Table 22: Japan 7-Year Perspective for Smart Water Meters by
Technology – Percentage Breakdown of Value Sales for Auto Meter
Reading (AMR) and Advanced Metering Infrastructure (AMI) for
the Years 2020 & 2027

Table 23: Japan Current & Future Analysis for Smart Water
Meters by Application – Residential, Industrial and Commercial –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 24: Japan 7-Year Perspective for Smart Water Meters by
Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

CHINA
China Turns to Smart Water Infrastructure to Resolve Acute
Water Scarcity
Focus on Developing Smart Cities in China: Opportunity for
Smart Meters
Table 25: China Current & Future Analysis for Smart Water
Meters by Technology – Auto Meter Reading (AMR) and Advanced
Metering Infrastructure (AMI) – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR

Table 26: China 7-Year Perspective for Smart Water Meters by
Technology – Percentage Breakdown of Value Sales for Auto Meter
Reading (AMR) and Advanced Metering Infrastructure (AMI) for
the Years 2020 & 2027

Table 27: China Current & Future Analysis for Smart Water
Meters by Application – Residential, Industrial and Commercial –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 28: China 7-Year Perspective for Smart Water Meters by
Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

EUROPE
Though COVID-19 Pandemic Halts Smart Meter Installations in
Europe, Future Prospects Remain Bright
Europe Witnesses an Increase in Deployments of Smart Water Meters
Europe?s Focus on Smart Cities Deployment & Energy Efficiency
Targets Augur Well for Smart Water Meters Market
Table 29: Europe Current & Future Analysis for Smart Water
Meters by Geographic Region – France, Germany, Italy, UK and
Rest of Europe Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2020 through 2027 and % CAGR

Table 30: Europe 7-Year Perspective for Smart Water Meters by
Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2020 & 2027

Table 31: Europe Current & Future Analysis for Smart Water
Meters by Technology – Auto Meter Reading (AMR) and Advanced
Metering Infrastructure (AMI) – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR

Table 32: Europe 7-Year Perspective for Smart Water Meters by
Technology – Percentage Breakdown of Value Sales for Auto Meter
Reading (AMR) and Advanced Metering Infrastructure (AMI) for
the Years 2020 & 2027

Table 33: Europe Current & Future Analysis for Smart Water
Meters by Application – Residential, Industrial and Commercial –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 34: Europe 7-Year Perspective for Smart Water Meters by
Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

FRANCE
Table 35: France Current & Future Analysis for Smart Water
Meters by Technology – Auto Meter Reading (AMR) and Advanced
Metering Infrastructure (AMI) – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR

Table 36: France 7-Year Perspective for Smart Water Meters by
Technology – Percentage Breakdown of Value Sales for Auto Meter
Reading (AMR) and Advanced Metering Infrastructure (AMI) for
the Years 2020 & 2027

Table 37: France Current & Future Analysis for Smart Water
Meters by Application – Residential, Industrial and Commercial –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 38: France 7-Year Perspective for Smart Water Meters by
Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

GERMANY
Table 39: Germany Current & Future Analysis for Smart Water
Meters by Technology – Auto Meter Reading (AMR) and Advanced
Metering Infrastructure (AMI) – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR

Table 40: Germany 7-Year Perspective for Smart Water Meters by
Technology – Percentage Breakdown of Value Sales for Auto Meter
Reading (AMR) and Advanced Metering Infrastructure (AMI) for
the Years 2020 & 2027

Table 41: Germany Current & Future Analysis for Smart Water
Meters by Application – Residential, Industrial and Commercial –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 42: Germany 7-Year Perspective for Smart Water Meters by
Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

ITALY
Table 43: Italy Current & Future Analysis for Smart Water
Meters by Technology – Auto Meter Reading (AMR) and Advanced
Metering Infrastructure (AMI) – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR

Table 44: Italy 7-Year Perspective for Smart Water Meters by
Technology – Percentage Breakdown of Value Sales for Auto Meter
Reading (AMR) and Advanced Metering Infrastructure (AMI) for
the Years 2020 & 2027

Table 45: Italy Current & Future Analysis for Smart Water
Meters by Application – Residential, Industrial and Commercial –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 46: Italy 7-Year Perspective for Smart Water Meters by
Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

UNITED KINGDOM
COVID-19 Brings to Halt Installations of Smart Meters
UK Government Supports Smart Meter Deployments
Table 47: UK Current & Future Analysis for Smart Water Meters
by Technology – Auto Meter Reading (AMR) and Advanced Metering
Infrastructure (AMI) – Independent Analysis of Annual Sales in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 48: UK 7-Year Perspective for Smart Water Meters by
Technology – Percentage Breakdown of Value Sales for Auto Meter
Reading (AMR) and Advanced Metering Infrastructure (AMI) for
the Years 2020 & 2027

Table 49: UK Current & Future Analysis for Smart Water Meters
by Application – Residential, Industrial and Commercial –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 50: UK 7-Year Perspective for Smart Water Meters by
Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

REST OF EUROPE
Ireland: Smart Water Meter Deployments Gain Momentum
Table 51: Rest of Europe Current & Future Analysis for Smart
Water Meters by Technology – Auto Meter Reading (AMR) and
Advanced Metering Infrastructure (AMI) – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
and % CAGR

Table 52: Rest of Europe 7-Year Perspective for Smart Water
Meters by Technology – Percentage Breakdown of Value Sales for
Auto Meter Reading (AMR) and Advanced Metering Infrastructure
(AMI) for the Years 2020 & 2027

Table 53: Rest of Europe Current & Future Analysis for Smart
Water Meters by Application – Residential, Industrial and
Commercial – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR

Table 54: Rest of Europe 7-Year Perspective for Smart Water
Meters by Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

ASIA-PACIFIC
Asia-Pacific: High Growth Opportunities in Store
As Asian Economies Focus on Development of Smart Cities, Smart
Metering Solutions Find Increase Adoption
Australia
Significant Increase in Deployments of Smart Water Meters with
LPWANs
Improvements Anticipated in Standardization and Interoperability
India
Smart Water Meters to Enable Utilities to Cut Losses and Boost
Revenues
Singapore
Rapid Implementation of Smart Water Technologies
Table 55: Asia-Pacific Current & Future Analysis for Smart
Water Meters by Technology – Auto Meter Reading (AMR) and
Advanced Metering Infrastructure (AMI) – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
and % CAGR

Table 56: Asia-Pacific 7-Year Perspective for Smart Water
Meters by Technology – Percentage Breakdown of Value Sales for
Auto Meter Reading (AMR) and Advanced Metering Infrastructure
(AMI) for the Years 2020 & 2027

Table 57: Asia-Pacific Current & Future Analysis for Smart
Water Meters by Application – Residential, Industrial and
Commercial – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR

Table 58: Asia-Pacific 7-Year Perspective for Smart Water
Meters by Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

REST OF WORLD
Smart Water Metering Market in Latin America: An Overview
Middle East Presents Huge Opportunity for Smart City Projects,
Driving Demand for Smart Meters
Africa: A Small Yet High Potential Smart Water Metering Market
Table 59: Rest of World Current & Future Analysis for Smart
Water Meters by Technology – Auto Meter Reading (AMR) and
Advanced Metering Infrastructure (AMI) – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
and % CAGR

Table 60: Rest of World 7-Year Perspective for Smart Water
Meters by Technology – Percentage Breakdown of Value Sales for
Auto Meter Reading (AMR) and Advanced Metering Infrastructure
(AMI) for the Years 2020 & 2027

Table 61: Rest of World Current & Future Analysis for Smart
Water Meters by Application – Residential, Industrial and
Commercial – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR

Table 62: Rest of World 7-Year Perspective for Smart Water
Meters by Application – Percentage Breakdown of Value Sales for
Residential, Industrial and Commercial for the Years 2020 &
2027

IV. COMPETITION
Total Companies Profiled: 82
Read the full report: https://www.reportlinker.com/p03646041/?utm_source=GNW

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