Search for a report

NORTH AMERICA SMART WATER METER MARKET FORECAST 2020-2028

  • You are here:
  • Home
  • Downloads
  • NORTH AMERICA SMART WATER METER MARKET FORECAST 2020-2028

NORTH AMERICA SMART WATER METER MARKET FORECAST 2020-2028

The North American region of the smart water meter market is predicted to exhibit a CAGR of 7.40% in terms of volume, and 6.34% in terms of revenue, during the forecast period, 2020-2028. The challenges of water scarcity, along with aging infrastructure in the North American region, have pushed the need for tackling efficient water meter reading, which can benefit revenue generation and consumer satisfaction. The factors like reduced leakage and efficient use of water are the drivers of the market in the region. The smart water meter market of North America is evaluated on the basis of the United States and Canada. In the US, water and electric meters are being replaced by smart meters to save millions of dollars. Several companies are continuously investing in the product to meet their rising demands. In Canada, the water meters are being upgraded. The plan to replace analogue water meters by smart water meter will collect information on how consumers use water so that they can adopt sustainable water usage and save money.

NORTH AMERICA SMART WATER METER MARKET FORECAST 2020-2028

North America Smart Water Meter Market by Technology (Automatic Meter Reading (Amr), Advanced Metering Infrastructure (Ami)) by Application (Commercial, Industrial, Residential) by Geography.

Request free sample

The North American region of the smart water meter market is predicted to exhibit a CAGR of 7.40% in terms of volume, and 6.34% in terms of revenue, during the forecast period, 2020-2028. The challenges of water scarcity, along with aging infrastructure in the North American region, have pushed the need for tackling efficient water meter reading, which can benefit revenue generation and consumer satisfaction. The factors like reduced leakage and efficient use of water are the drivers of the market in the region.

To know more about this report, request a free sample copy.

The smart water meter market of North America is evaluated on the basis of the United States and Canada. In the US, water and electric meters are being replaced by smart meters to save millions of dollars. Several companies are continuously investing in the product to meet their rising demands. In Canada, the water meters are being upgraded. The plan to replace analogue water meters by smart water meter will collect information on how consumers use water so that they can adopt sustainable water usage and save money. The government has taken initiatives to upgrade its analogue meters with smart water meters. Other than these investments, the US government is involved in different water conservation schemes and investing in projects for improving the smart water management system. Though the application of smart water meter is highly beneficial to track usage and wastage for both, companies and individuals, the consumers in Canada raised privacy concerns related to data collection. This may hinder the market growth of smart water meters.

Aclara Technologies LLC (Aclara), headquartered in Hazelwood, Missouri, the US, is a prominent company in the region that develops, designs, and commercializes Advanced Metering Infrastructure (AMI) solutions for various public and private companies.

 

To request a free sample copy of this report, please complete the form below:

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • PARENT MARKET ANALYSIS: SMART METERS MARKET
      • MARKET DEFINITION
      • KEY DRIVERS
        • NEED FOR SUSTAINABLE MANAGEMENT & MAKING APPROPRIATE AVAILABILITY OF EXISTING WATER
        • SUPERIORITY OF SMART WATER METERS OVER TRADITIONAL WATER METERS
        • RISING SMART CITY PROJECTS
      • KEY RESTRAINTS
        • HIGH INSTALLATION COSTS
        • LACK OF AVAILABILITY OF CAPITAL FUNDING
        • VULNERABILITIES OF SMART WATER METERS
    1. KEY ANALYTICS
      • KEY INVESTMENT INSIGHTS
      • PORTER’S FIVE FORCE ANALYSIS
        • BUYER POWER
        • SUPPLIER POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
    2. MARKET BY TECHNOLOGY (IN TERMS OF VALUE: $ MILLION)
      • AUTOMATIC METER READING (AMR)
      • ADVANCED METERING INFRASTRUCTURE (AMI)
    3. MARKET BY APPLICATION (IN TERMS OF VALUE: $ MILLION)
      • COMMERCIAL
      • INDUSTRIAL
      • RESIDENTIAL
    4. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: MILLION UNITS)
        • UNITED STATES
        • CANADA
    1. COMPANY PROFILES
      • ACLARA TECHNOLOGIES LLC (ACQUIRED BY HUBBELL INCORPORATED)
      • ARAD GROUP
      • BADGER METER, INC
      • DATAMATIC INC
      • DIEHL STIFTUNG & CO. KG
      • ELSTER GROUP GMBH (ACQUIRED BY HONEYWELL INTERNATIONAL)
      • ICSA (INDIA) LIMITED
      • ITRON, INC
      • KAMSTRUP AS
      • LANDIS+GYR AG (ACQUIRED BY TOSHIBA CORPORATION)
      • MASTER METER INC (ACQUIRED BY ARAD LTD)
      • MUELLER WATER PRODUCTS, INC
      • NEPTUNE TECHNOLOGY GROUP INC
      • SENSUS USA INC (ACQUIRED BY XYLEM)
      • ZENNER INTERNATIONAL GMBH & CO. KG

     

    TABLE LIST

    TABLE 1: MARKET SNAPSHOT-SMART WATER METER

    TABLE 2: NUMBER OF PEOPLE NOT HAVING ACCESS TO SAFE WATER IN TOP 10 COUNTRIES, 2017

    TABLE 3: NORTH AMERICA SMART WATER METER MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 4: NORTH AMERICA SMART WATER METER MARKET, BY TECHNOLOGY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

    TABLE 5: VARIOUS ADVANTAGES OF AMR SYSTEMS

    TABLE 6: NORTH AMERICA SMART WATER METER MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 7: NORTH AMERICA SMART WATER METER MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

    TABLE 8: NORTH AMERICA SMART WATER METER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 9: NORTH AMERICA SMART WATER METER MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

    TABLE 10: NORTH AMERICA SMART WATER METER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN MILLION UNITS)

    TABLE 11: NORTH AMERICA SMART WATER METER MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN MILLION UNITS)

    FIGURE LIST

    FIGURE 1: SMART WATER METER TECHNOLOGY PROCESS

    FIGURE 2: TYPES OF SMART METER

    FIGURE 3: KEY INVESTMENT INSIGHTS

    FIGURE 4: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 5: OPPORTUNITY MATRIX

    FIGURE 6: VENDOR LANDSCAPE

    FIGURE 7: VALUE CHAIN ANALYSIS: SMART METERS

    FIGURE 8: NORTH AMERICA SMART WATER METER MARKET, GROWTH POTENTIAL BY TECHNOLOGY, IN 2019

    FIGURE 9: NORTH AMERICA SMART WATER METER MARKET, BY AUTOMATIC METER READING (AMR), 2020-2028 (IN $ MILLION)

    FIGURE 10: NORTH AMERICA SMART WATER METER MARKET, BY ADVANCED METERING INFRASTRUCTURE (AMI), 2020-2028 (IN $ MILLION)

    FIGURE 11: NORTH AMERICA SMART WATER METER MARKET, GROWTH POTENTIAL BY APPLICATION, IN 2019

    FIGURE 12: NORTH AMERICA SMART WATER METER MARKET, BY COMMERCIAL, 2020-2028 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA SMART WATER METER MARKET, BY INDUSTRIAL, 2020-2028 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA SMART WATER METER MARKET, BY RESIDENTIAL, 2020-2028 (IN $ MILLION)

    FIGURE 15: NORTH AMERICA SMART WATER METER MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

    FIGURE 16: UNITED STATES SMART WATER METER MARKET, 2020-2028 (IN $ MILLION)

    FIGURE 17: CANADA SMART WATER METER MARKET, 2020-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: MILLION UNITS)
        • UNITED STATES
        • CANADA
    1. MARKET BY TECHNOLOGY (IN TERMS OF VALUE: $ MILLION)
      • AUTOMATIC METER READING (AMR)
      • ADVANCED METERING INFRASTRUCTURE (AMI)
    2. MARKET BY APPLICATION (IN TERMS OF VALUE: $ MILLION)
      • COMMERCIAL
      • INDUSTRIAL
      • RESIDENTIAL

    To request a free sample copy of this report, please complete the form below :

    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


      Choose License Type

      Buy Now