Mar 13, 2020   SOURCE: BusinessWire

Global Smart Water Meter Market 2020-2024 | Evolving Opportunities with Badger Meter Inc. and Honeywell International Inc. | Technavio

The global smart water meter market is poised to grow by USD 3.94 billion during 2020-2024, progressing at a CAGR of almost 11% during the forecast period. Request free sample pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200313005368/en/

Technavio has announced its latest market research report titled Global deep learning market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global deep learning market 2020-2024 (Graphic: Business Wire)

Read the 127-page report with TOC on "Smart Water Meter Market Analysis Report by Technology (AMI and AMR), End-user (residential and commercial), and Geography (APAC, Europe, MEA, North America and South America), and the Segment Forecasts, 2020-2024".

https://www.technavio.com/report/smart-water-meter-market-industry-analysis

The market is driven by the rise in global water demand. In addition, the benefits of using smart water meters are anticipated to boost the growth of the smart water meter market.

Water consumption has grown considerably in recent years owing to factors including population growth, socio-economic development, and the gradual change in consumption patterns. In addition, it has become crucial to maintain the balance between the supply and demand for water owing to the limited freshwater reserves. Furthermore, the need to manage water in an efficient manner and conserve water resources has become one of the most pressing issues across the world. These developments have paved the demand for technologically advanced solutions, such as smart water meters. These devices facilitate water utilities to conserve water and ensure judicious water consumption. As a result, the rise in global water demand is expected to boost the growth of the smart water meter market during the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Smart Water Meter Market Companies:

Badger Meter Inc.

Badger Meter Inc. is an innovator, manufacturer, marketer, and distributor of products incorporating flow measurement, control, and communication solutions. The company offers a range of smart water meters such as E-Series Ultrasonic Meters.

Honeywell International Inc.

Honeywell International Inc. operates in key business segments including Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The company offers a range of smart water meters such as Elster M210.

Itron Inc.

Itron Inc. operates in key business segments including Device Solutions, Networked Solutions, and Outcomes. The company offers a range of smart water meters such as Intelis Water Meter.

Kamstrup AS

Kamstrup AS operates in key business segments including System & Service and Components. The company offers a range of smart water meters such as flowIQ 3100.

Landis+Gyr AG

Landis+Gyr AG offers a range of smart water meters such as E35C to customers in key geographic segments including the Americas, EMEA, and Asia Pacific.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Smart Water Meter Market Technology Outlook (Revenue, USD Billion, 2020-2024)

  • AMI
  • AMR

Smart Water Meter Market End-User Outlook (Revenue, USD Billion, 2020-2024)

  • Residential
  • Commercial

Smart Water Meter Market Geographic Outlook (Revenue, USD Billion, 2020-2024)

  • APAC
  • Europe
  • MEA
  • North America
  • South America

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.