Smart Water Meter Market to Grow at 14% CAGR to 2019 Says a New Research Report

Smart water meters are similar to conventional mechanical water meters except that they are connected to a data logger for continuous monitoring of water consumption. Smart water meters provide real-time information or sufficient data points that allows consumers to understand and monitor water consumption. They also help utilities manage the water networks efficiently and provide better customer service as peak periods of water usage can be accurately determined by the data provided by smart water meters. Pulses are created in the smart water meter by the water consumption event; for instance, the use of a washing machine is logged by the data logger in a pre-defined frequency. Several user-defined parameters such as flow rate, time, and volume are used to disaggregate the information provided by these pulses and assign them to different water use events.

The analysts forecast global smart water meter market to grow at a CAGR of 14.68 percent over the period 2014-2019.

Covered in this report

The report includes the segmentation of the global smart water meter market on the basis of data collection system, applications and geography.

The report, Global Smart Water Meter Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key regions

  • Americas
  • APAC
  • EMEA

Key vendors

  • Badger Meter
  • Elster Group
  • Itron
  • Sensus USA

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Other prominent vendors

  • Aclara Technologies
  • Aquiba
  • Homerider Systems
  • i2O Water
  • Kamstrup
  • Mueller Systems
  • Neptune Technology Group
  • Schneider Electric
  • Sentec

Market driver

  • Increased need to manage water usage

Market challenge

  • High cost

Market trend

  • Advances in smart water meter technology

Key questions answered in this report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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