Smart Water Meter Market
Smart Water Meter Market Forecasts to 2028 - Global Analysis By Meter Type (Smart Mechanical Meters, Electromagnetic Meters, Ultrasonic Meters and Other Meter Types), Technology (Automatic Meter Reading (AMR) and Advanced Meter Infrastructure (AMI)), Component (IT Solutions, Communications, Meter & Accessories and Other Components), Water Type (Hot Water Metre & Cold Water Metre), Application and Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $4.35 BN |
|
Projected Year Value (2028) |
US $7.26 BN |
|
CAGR (2022 - 2028) |
8.9% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Europe |
According to Stratistics MRC, the Global Smart Water Meter Market is accounted for $4.35 billion in 2022 and is expected to reach $7.26 billion by 2028 growing at a CAGR of 8.9% during the forecast period. Smart metres are tools that make it easier for utilities to do their jobs and are more accurate than the standard metres used to measure water usage. More benefits offered by smart water metering technology to both consumers and service providers will undoubtedly be what drives their adoption in various nations. Together with leak detection techniques, these metres also aid in recognising heavy usage. The major competitors in the industry are still making various improvements to raise performance standards and make these metres an affordable tool for calculating water use.
According to a World Water Development Report, 480 million people in Asia alone are expected to face water scarcity in the future. According to the State Council of the People's Republic of China, the urbanization rate of permanent residents in China will reach 64.72 percent in 2021.
Market Dynamics:
Driver:
Growing practices to promote sustainable use of water
The governments of numerous nations are taking the necessary actions to encourage the sustainable use of water. These actions have been taken as a result of the water demand increasing tremendously over the past ten years due to urbanisation and a rapidly growing population. Due to the rise in energy demand, new businesses and places of employment have emerged. Sustainable use has taken on importance in order to meet the water demand that will be present and future. These systems are the greatest option since they have the ability to track water usage across a water utility's supply chain. This has increased the number of water utilities implementing them, which is propelling the growth of the smart water metering market.
Restraint:
Lack of government initiatives
Water metres are still being disregarded in the current environment, where expenditures in the smart grid are accelerating, when compared to electricity and gas metres. The reason for this is because there are no laws or requirements requiring the installation or use of smart water metres from the government. If governments encourage the installation of these metres and the advantages they offer to users, the adoption of smart water metres may increase. Despite the expanding need for infrastructure to supply drinking water, the US federal government's contribution of capital expenditures in the water sector substantially decreased.
Opportunity:
Precise billing and economic advantage to customer
Smart water metres are not only a practical solution in terms of operation, but they are also affordable for both users and water utilities. These metres are a one-time investment that require very little maintenance and can be used for many years. Customers are drawn to precise billing because they can keep track of how much water they have used and get charged accordingly. This ensures that there is no danger that the service provider and the end user will miscommunicate. The benefits of these installations are greatest for those industries that consume large amounts of water, such as the food and beverage sector, the textile industry, and others.
Threat:
High deployment cost and long payback period
High capital expenditures are necessary for the installation of smart water metres. Smart water metre installation does not receive any government assistance. Installing smart water metres becomes challenging for water utilities and end consumers as a result. Furthermore, because of losses from non-revenue water, water theft, and leaks, water utilities are unable to make significant capital investments on their own. Various parts, including measurement and sensing equipment, real-time communication equipment, data management systems, and control tools, are needed for the smart water metering infrastructure. The cost of smart water metering as a whole is increased by each of these elements.
Covid-19 Impact
The growth rate of the market for smart water metres in 2020 has been significantly impacted by the COVID-19 outbreak. Furthermore, due to a lack of international government laws or efforts, the market is predicted to grow at a relatively modest rate through the end of 2021. The COVID-19 epidemic in the construction industry resulted in a number of challenges for the market, including the lack of raw materials, a competent labour, safety precautions, deliverables, contractual responsibilities, and project delays or cancellations. As a result, there was a decline in the demand for smart water metres. However, post-pandemic market growth for smart water metres is anticipated to be driven by an increase in digital infrastructure solutions across major nations.
The automatic meter reading (AMR) segment is expected to be the largest during the forecast period
The automatic meter reading (AMR) segment is estimated to have a lucrative growth, due to they are metres precise and fully automated. They are employed often for domestic and professional purposes. These metres enable water usage to be tracked remotely. When coupled with secure metering and billing software, AMR metres make it possible to correctly bill based on water consumption in specific housing units, neighbourhoods, or entire buildings. The most recent technologies, including Bluetooth, WiFi, and GSM, are available in AMR metres. GSM metres are autonomous and self-sufficient. They handle their own communications with remote monitoring systems. Wifi Water supply companies, utilities, and municipalities can improve their water distribution control, reading, and billing systems while minimising waste by using AMR water metres.
The residential segment is expected to have the highest CAGR during the forecast period
The residential segment is anticipated to witness the fastest CAGR growth during the forecast period, due to rising consumer awareness of water conservation, rising demand for accurate billing of residential users, rising demand for accurate mapping of unrestricted water resource spending, and rising demand for billing process optimization, a variety of new innovative products are being adopted in the residential sectors. Remote monitoring and the gradual integration of cyber security defences are predicted to lead to an increase in the usage of modern technology in residential areas. However, communities become acutely aware of the need for efficiency when water becomes scarce in certain parts of the world, which is projected to propel this segment's revenue growth.
Region with largest share:
North America is projected to hold the largest market share during the forecast period owing to the rise in government initiatives to install smart water metres in the U.S., an increase in the number of smart cities, and the development of water infrastructure are all factors that are influencing the growth of the smart water metre market in North America. Additionally, the region's expanding smart water metre market might be attributed to the Internet of Things' quick uptake (IoT).
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to demand for water metres in this area is anticipated to increase as a result of the implementation of metering programmes and targets as well as the switch from conventional metres to intelligent cloud-based metering systems. Demand is also being supported by strict government restrictions and mandates that demand over 80% of consumers have advanced metering equipment. Every half-hour, these smart metres read records and can supply the data needed to identify leaks early, which is predicted to boost market revenue growth.
Key players in the market
Some of the key players profiled in the Smart Water Meter Market include BERMAD CS Ltd., Aclara Technologies LLC. (Hubbell Incorporated), Badger Meter, Inc., Arad Group, Itron Inc., Kamstrup A/S, Landis+Gyr, Diehl Stiftung & Co. KG, Electronet Equipments Private Limited, Sensus USA Inc. (Xylem Inc.), Neptune Technology Group Inc., Datamatic, Honeywell, Zenner, Master Meter, Inc., Arquiba Pvt Ltd., Iskraemeco, Xylem Inc, Wasion Group Co., Ltd. and Suntront Technology Co., Ltd.
Key Developments:
In July 2022, Diehl Metering collaborated with Plastiques Poeppelmann France S.A.S., one of the leaders in plastic injection molding, to reduce the carbon impact of its metering equipment. Through this agreement, Plastiques Poeppelmann France S.A.S. is creating a post-consumer polyethylene-based water meter protective cap (PCR-PE).
In June 2021, Itron Inc. signed a contract with United Utilities, a leading water supply company, to deploy the company's next-generation cloud-based meter management solution named Temetra and help optimize operations in the water distribution network.
In June 2021, Itron has collaborated with digimondo, a German IoT company to help water utilities improve the management of distribution networks by leveraging LoRaWAN. This enables the utilities to create and operate their LoRaWAN-based networks for remote reading of water meters.
In October 2020, Diehl Stiftung & Co. KG entered into an agreement with Sinfra, Sweden's central utility purchasing body, to include the company’s water products in Sinfra’s list of approved products
Meter Types Covered:
• Smart Mechanical Meters
• Electromagnetic Meters
• Ultrasonic Meters
• Other Meter Types
Technologies Covered:
• Automatic Meter Reading (AMR)
• Advanced Meter Infrastructure (AMI)
Components Covered:
• IT Solutions
• Communications
• Meter & Accessories
• Other Components
Water Types Covered:
• Hot Water Metre
• Cold Water Metre
Applications Covered:
• Commercial
• Industries
• Residential
• Water Utilities
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Water Meter Market, By Meter Type
5.1 Introduction
5.2 Smart Mechanical Meters
5.3 Electromagnetic Meters
5.4 Ultrasonic Meters
5.5 Other Meter Types
6 Global Smart Water Meter Market, By Technology
6.1 Introduction
6.2 Automatic Meter Reading (AMR)
6.3 Advanced Meter Infrastructure (AMI)
7 Global Smart Water Meter Market, By Component
7.1 Introduction
7.2 IT Solutions
7.3 Communications
7.4 Meter & Accessories
7.5 Other Components
8 Global Smart Water Meter Market, By Water Type
8.1 Introduction
8.2 Hot Water Metre
8.3 Cold Water Metre
9 Global Smart Water Meter Market, By Application
9.1 Introduction
9.2 Commercial
9.3 Industries
9.4 Residential
9.5 Water Utilities
9.6 Other Applications
10 Global Smart Water Meter Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 BERMAD CS Ltd.
12.2 Aclara Technologies LLC. (Hubbell Incorporated)
12.3 Badger Meter, Inc.
12.4 Arad Group
12.5 Itron Inc.
12.6 Kamstrup A/S
12.7 Landis+Gyr
12.8 Diehl Stiftung & Co. KG
12.9 Electronet Equipments Private Limited
12.10 Sensus USA Inc. (Xylem Inc.)
12.11 Neptune Technology Group Inc.
12.12 Datamatic
12.13 Honeywell
12.14 Zenner
12.15 Master Meter, Inc.
12.16 Arquiba Pvt Ltd.
12.17 Iskraemeco
12.18 Xylem Inc
12.19 Wasion Group Co., Ltd.
12.20 Suntront Technology Co., Ltd
List of Tables
1 Global Smart Water Meter Market Outlook, By Region (2020-2028) ($MN)
2 Global Smart Water Meter Market Outlook, By Meter Type (2020-2028) ($MN)
3 Global Smart Water Meter Market Outlook, By Smart Mechanical Meters (2020-2028) ($MN)
4 Global Smart Water Meter Market Outlook, By Electromagnetic Meters (2020-2028) ($MN)
5 Global Smart Water Meter Market Outlook, By Ultrasonic Meters (2020-2028) ($MN)
6 Global Smart Water Meter Market Outlook, By Other Meter Types (2020-2028) ($MN)
7 Global Smart Water Meter Market Outlook, By Technology (2020-2028) ($MN)
8 Global Smart Water Meter Market Outlook, By Automatic Meter Reading (AMR) (2020-2028) ($MN)
9 Global Smart Water Meter Market Outlook, By Advanced Meter Infrastructure (AMI) (2020-2028) ($MN)
10 Global Smart Water Meter Market Outlook, By Components (2020-2028) ($MN)
11 Global Smart Water Meter Market Outlook, By IT Solutions (2020-2028) ($MN)
12 Global Smart Water Meter Market Outlook, By Communications (2020-2028) ($MN)
13 Global Smart Water Meter Market Outlook, By Meter & Accessories (2020-2028) ($MN)
14 Global Smart Water Meter Market Outlook, By Other Component (2020-2028) ($MN)
15 Global Smart Water Meter Market Outlook, By Water Type (2020-2028) ($MN)
16 Global Smart Water Meter Market Outlook, By Hot Water Metre (2020-2028) ($MN)
17 Global Smart Water Meter Market Outlook, By Cold Water Metre (2020-2028) ($MN)
18 Global Smart Water Meter Market Outlook, By Application (2020-2028) ($MN)
19 Global Smart Water Meter Market Outlook, By Commercial (2020-2028) ($MN)
20 Global Smart Water Meter Market Outlook, By Industries (2020-2028) ($MN)
21 Global Smart Water Meter Market Outlook, By Residential (2020-2028) ($MN)
22 Global Smart Water Meter Market Outlook, By Water Utilities (2020-2028) ($MN)
23 Global Smart Water Meter Market Outlook, By Other Applications (2020-2028) ($MN)
24 North America Smart Water Meter Market Outlook, By Country (2020-2028) ($MN)
25 North America Smart Water Meter Market Outlook, By Meter Type (2020-2028) ($MN)
26 North America Smart Water Meter Market Outlook, By Smart Mechanical Meters (2020-2028) ($MN)
27 North America Smart Water Meter Market Outlook, By Electromagnetic Meters (2020-2028) ($MN)
28 North America Smart Water Meter Market Outlook, By Ultrasonic Meters (2020-2028) ($MN)
29 North America Smart Water Meter Market Outlook, By Other Meter Types (2020-2028) ($MN)
30 North America Smart Water Meter Market Outlook, By Technology (2020-2028) ($MN)
31 North America Smart Water Meter Market Outlook, By Automatic Meter Reading (AMR) (2020-2028) ($MN)
32 North America Smart Water Meter Market Outlook, By Advanced Meter Infrastructure (AMI) (2020-2028) ($MN)
33 North America Smart Water Meter Market Outlook, By Component (2020-2028) ($MN)
34 North America Smart Water Meter Market Outlook, By IT Solutions (2020-2028) ($MN)
35 North America Smart Water Meter Market Outlook, By Communications (2020-2028) ($MN)
36 North America Smart Water Meter Market Outlook, By Meter & Accessories (2020-2028) ($MN)
37 North America Smart Water Meter Market Outlook, By Other Components (2020-2028) ($MN)
38 North America Smart Water Meter Market Outlook, By Water Type (2020-2028) ($MN)
39 North America Smart Water Meter Market Outlook, By Hot Water Metre (2020-2028) ($MN)
40 North America Smart Water Meter Market Outlook, By Cold Water Metre (2020-2028) ($MN)
41 North America Smart Water Meter Market Outlook, By Application (2020-2028) ($MN)
42 North America Smart Water Meter Market Outlook, By Commercial (2020-2028) ($MN)
43 North America Smart Water Meter Market Outlook, By Industries (2020-2028) ($MN)
44 North America Smart Water Meter Market Outlook, By Residential (2020-2028) ($MN)
45 North America Smart Water Meter Market Outlook, By Water Utilities (2020-2028) ($MN)
46 North America Smart Water Meter Market Outlook, By Other Applications (2020-2028) ($MN)
47 Europe Smart Water Meter Market Outlook, By Country (2020-2028) ($MN)
48 Europe Smart Water Meter Market Outlook, By Meter Type (2020-2028) ($MN)
49 Europe Smart Water Meter Market Outlook, By Smart Mechanical Meters (2020-2028) ($MN)
50 Europe Smart Water Meter Market Outlook, By Electromagnetic Meters (2020-2028) ($MN)
51 Europe Smart Water Meter Market Outlook, By Ultrasonic Meters (2020-2028) ($MN)
52 Europe Smart Water Meter Market Outlook, By Other Meter Types (2020-2028) ($MN)
53 Europe Smart Water Meter Market Outlook, By Technology (2020-2028) ($MN)
54 Europe Smart Water Meter Market Outlook, By Automatic Meter Reading (AMR) (2020-2028) ($MN)
55 Europe Smart Water Meter Market Outlook, By Advanced Meter Infrastructure (AMI) (2020-2028) ($MN)
56 Europe Smart Water Meter Market Outlook, By Component (2020-2028) ($MN)
57 Europe Smart Water Meter Market Outlook, By IT Solutions (2020-2028) ($MN)
58 Europe Smart Water Meter Market Outlook, By Communications (2020-2028) ($MN)
59 Europe Smart Water Meter Market Outlook, By Meter & Accessories (2020-2028) ($MN)
60 Europe Smart Water Meter Market Outlook, By Other Components (2020-2028) ($MN)
61 Europe Smart Water Meter Market Outlook, By Water Type (2020-2028) ($MN)
62 Europe Smart Water Meter Market Outlook, By Hot Water Metre (2020-2028) ($MN)
63 Europe Smart Water Meter Market Outlook, By Cold Water Metre (2020-2028) ($MN)
64 Europe Smart Water Meter Market Outlook, By Application (2020-2028) ($MN)
65 Europe Smart Water Meter Market Outlook, By Commercial (2020-2028) ($MN)
66 Europe Smart Water Meter Market Outlook, By Industries (2020-2028) ($MN)
67 Europe Smart Water Meter Market Outlook, By Residential (2020-2028) ($MN)
68 Europe Smart Water Meter Market Outlook, By Water Utilities (2020-2028) ($MN)
69 Europe Smart Water Meter Market Outlook, By Other Applications (2020-2028) ($MN)
70 Aisa Pacific Smart Water Meter Market Outlook, By Country (2020-2028) ($MN)
71 Aisa Pacific Smart Water Meter Market Outlook, By Meter Type (2020-2028) ($MN)
72 Aisa Pacific Smart Water Meter Market Outlook, By Smart Mechanical Meters (2020-2028) ($MN)
73 Aisa Pacific Smart Water Meter Market Outlook, By Electromagnetic Meters (2020-2028) ($MN)
74 Aisa Pacific Smart Water Meter Market Outlook, By Ultrasonic Meters (2020-2028) ($MN)
75 Aisa Pacific Smart Water Meter Market Outlook, By Other Meter Types (2020-2028) ($MN)
76 Aisa Pacific Smart Water Meter Market Outlook, By Technology (2020-2028) ($MN)
77 Aisa Pacific Smart Water Meter Market Outlook, By Automatic Meter Reading (AMR) (2020-2028) ($MN)
78 Aisa Pacific Smart Water Meter Market Outlook, By Advanced Meter Infrastructure (AMI) (2020-2028) ($MN)
79 Aisa Pacific Smart Water Meter Market Outlook, By Components (2020-2028) ($MN)
80 Aisa Pacific Smart Water Meter Market Outlook, By IT Solutions (2020-2028) ($MN)
81 Aisa Pacific Smart Water Meter Market Outlook, By Communications (2020-2028) ($MN)
82 Aisa Pacific Smart Water Meter Market Outlook, By Meter & Accessories (2020-2028) ($MN)
83 Aisa Pacific Smart Water Meter Market Outlook, By Other Component (2020-2028) ($MN)
84 Aisa Pacific Smart Water Meter Market Outlook, By Water Type (2020-2028) ($MN)
85 Aisa Pacific Smart Water Meter Market Outlook, By Hot Water Metre (2020-2028) ($MN)
86 Aisa Pacific Smart Water Meter Market Outlook, By Cold Water Metre (2020-2028) ($MN)
87 Aisa Pacific Smart Water Meter Market Outlook, By Application (2020-2028) ($MN)
88 Aisa Pacific Smart Water Meter Market Outlook, By Commercial (2020-2028) ($MN)
89 Aisa Pacific Smart Water Meter Market Outlook, By Industries (2020-2028) ($MN)
90 Aisa Pacific Smart Water Meter Market Outlook, By Residential (2020-2028) ($MN)
91 Aisa Pacific Smart Water Meter Market Outlook, By Water Utilities (2020-2028) ($MN)
92 Aisa Pacific Smart Water Meter Market Outlook, By Other Applications (2020-2028) ($MN)
93 South America Smart Water Meter Market Outlook, By Country (2020-2028) ($MN)
94 South America Smart Water Meter Market Outlook, By Meter Type (2020-2028) ($MN)
95 South America Smart Water Meter Market Outlook, By Smart Mechanical Meters (2020-2028) ($MN)
96 South America Smart Water Meter Market Outlook, By Electromagnetic Meters (2020-2028) ($MN)
97 South America Smart Water Meter Market Outlook, By Ultrasonic Meters (2020-2028) ($MN)
98 South America Smart Water Meter Market Outlook, By Other Meter Types (2020-2028) ($MN)
99 South America Smart Water Meter Market Outlook, By Technology (2020-2028) ($MN)
100 South America Smart Water Meter Market Outlook, By Automatic Meter Reading (AMR) (2020-2028) ($MN)
101 South America Smart Water Meter Market Outlook, By Advanced Meter Infrastructure (AMI) (2020-2028) ($MN)
102 South America Smart Water Meter Market Outlook, By Component (2020-2028) ($MN)
103 South America Smart Water Meter Market Outlook, By IT Solutions (2020-2028) ($MN)
104 South America Smart Water Meter Market Outlook, By Communications (2020-2028) ($MN)
105 South America Smart Water Meter Market Outlook, By Meter & Accessories (2020-2028) ($MN)
106 South America Smart Water Meter Market Outlook, By Other Components (2020-2028) ($MN)
107 South America Smart Water Meter Market Outlook, By Water Type (2020-2028) ($MN)
108 South America Smart Water Meter Market Outlook, By Hot Water Metre (2020-2028) ($MN)
109 South America Smart Water Meter Market Outlook, By Cold Water Metre (2020-2028) ($MN)
110 South America Smart Water Meter Market Outlook, By Application (2020-2028) ($MN)
111 South America Smart Water Meter Market Outlook, By Commercial (2020-2028) ($MN)
112 South America Smart Water Meter Market Outlook, By Industries (2020-2028) ($MN)
113 South America Smart Water Meter Market Outlook, By Residential (2020-2028) ($MN)
114 South America Smart Water Meter Market Outlook, By Water Utilities (2020-2028) ($MN)
115 South America Smart Water Meter Market Outlook, By Other Applications (2020-2028) ($MN)
116 Middle East & Africa Smart Water Meter Market Outlook, By Country (2020-2028) ($MN)
117 Middle East & Africa Smart Water Meter Market Outlook, By Meter Type (2020-2028) ($MN)
118 Middle East & Africa Smart Water Meter Market Outlook, By Smart Mechanical Meters (2020-2028) ($MN)
119 Middle East & Africa Smart Water Meter Market Outlook, By Electromagnetic Meters (2020-2028) ($MN)
120 Middle East & Africa Smart Water Meter Market Outlook, By Ultrasonic Meters (2020-2028) ($MN)
121 Middle East & Africa Smart Water Meter Market Outlook, By Other Meter Types (2020-2028) ($MN)
122 Middle East & Africa Smart Water Meter Market Outlook, By Technology (2020-2028) ($MN)
123 Middle East & Africa Smart Water Meter Market Outlook, By Automatic Meter Reading (AMR) (2020-2028) ($MN)
124 Middle East & Africa Smart Water Meter Market Outlook, By Advanced Meter Infrastructure (AMI) (2020-2028) ($MN)
125 Middle East & Africa Smart Water Meter Market Outlook, By Component (2020-2028) ($MN)
126 Middle East & Africa Smart Water Meter Market Outlook, By IT Solutions (2020-2028) ($MN)
127 Middle East & Africa Smart Water Meter Market Outlook, By Communications (2020-2028) ($MN)
128 Middle East & Africa Smart Water Meter Market Outlook, By Meter & Accessories (2020-2028) ($MN)
129 Middle East & Africa Smart Water Meter Market Outlook, By Other Components (2020-2028) ($MN)
130 Middle East & Africa Smart Water Meter Market Outlook, By Water Type (2020-2028) ($MN)
131 Middle East & Africa Smart Water Meter Market Outlook, By Hot Water Metre (2020-2028) ($MN)
132 Middle East & Africa Smart Water Meter Market Outlook, By Cold Water Metre (2020-2028) ($MN)
133 Middle East & Africa Smart Water Meter Market Outlook, By Application (2020-2028) ($MN)
134 Middle East & Africa Smart Water Meter Market Outlook, By Commercial (2020-2028) ($MN)
135 Middle East & Africa Smart Water Meter Market Outlook, By Industries (2020-2028) ($MN)
136 Middle East & Africa Smart Water Meter Market Outlook, By Residential (2020-2028) ($MN)
137 Middle East & Africa Smart Water Meter Market Outlook, By Water Utilities (2020-2028) ($MN)
138 Middle East & Africa Smart Water Meter Market Outlook, By Other Applications (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
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Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
