“Global Smart Water Metering Market was valued at $11.2 billion by 2029”, says Visiongain

23 September 2019

Smart Water Metering Market Report 2019-2029: Forecasts by Meter Type (Electromagnetic, Ultrasonic, Mechanical), Technology (AMI, AMR), Component (Meters & Accessories, IT Solutions, Communications), Application (Water Utilities, Industries), by Region and Analysis of Leading Companies indicates that the Global Smart Water Metering Market was valued at $11.2 billion by 2029.

With mounting pressure on water services owing to increasing demand, increasing water stress, rising power prices, and aging water systems, intelligent water network solutions have appeared with important advantages by combining sophisticated metering technology, software, and efficient communications technologies. Integrating the said components allows end consumers to account for each drop and turn water into income through improved detection of leakage and unparalleled data acquisition.

Adopting strict laws for tracking the water distribution network combined with increasing requirements for precise allocation of resources will increase the penetration of smart water metering industry. Increasing investment in infrastructure growth directed at providing proactive services and a streamlined water supply process will increase these systems ' installation.

Because of its capacity to optimize the bill generation process and reduce labor costs, AMI smart water metering market is expected to witness robust development. Some of the major advantages that the installation of these units provides include optimized design, high reliability, and long battery life. Low installation expenses, inexpensive maintenance and simple accessibility are few eminent considerations that favor the use of automated meter reading technology.

Water scarcity in the West, along with aging infrastructure in the Mid-West and East areas, has helped foster the need to address effective remote meter measurements that can contribute to income generation and customer service improvement.

In addition, decreased leakage and effective water use are also significant drivers for the market for smart water meters. The utility base is in harmony with the smart meter technology as North America is a more developed market and is beginning to introduce sophisticated information solutions.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Water Desalination Market Report 2021-2031

Key trend driving the market growth is, rapid depletion in freshwater reserves and increasing water scarcity in developing countries such as India and China.

03 August 2021


“Increasing expenditure in IoT and process automation systems across shipping industry is expected to drive significant revenue growth in the global smart port market”

The 150+ page report offers market forecasts and analysis for 13 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 13 companies leading the field in Smart Port Market.

24 April 2020


Improvements to The Waste Management Market in Developing Nations May Help Fight Climate Change

It is increasingly agreed that global climate change is a problem, and one which will need to be addressed by industries around the world – including in the waste management marketplace.  Under the Paris Agreement of 2016, 127 party governments agreed to take steps to reduce their carbon emissions and improve recycling programs, but this still leaves a significant gap …

23 March 2020


Forecasting Growth for Waste Management in The Market Place

These are turbulent times for the waste management industry. On the one hand, global waste production is at an all-time high, but on the other hand, the industry is coming increasingly under fire by environmentalist elements.  None the less, strong growth in this sector is predicted, even if there are substantial challenges that need to be overcome.  Waste Management in …

17 January 2020