15.03.2018 PR, реклама, маркетинг

Smart Water Meter Market : Global Size, Share, Development, Growth and Demand Forecast to 2025

Smart water meter market size is forecasted to reach $2,400.6 million by 2025. The surging water crisis furthermore lifts the interest for a sensible plan towards water administration. Water utilities are the genuine consumers of these water meters and it is predicted to lead the market in the midst of the gauge time frame.

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The interest for advanced metering infrastructure (AMI) has been developing at a steady pace and is expected to encourage further growth opportunities to the smart water meter industry. The application of these meters incorporates water utilities, industrial and residential buyers. The improved data quality, two-way communication benefits and high frequency of information related to leak detection as compared to AMR metering is further bolstering the demand for AMI meters.

The smart water meter market in Middle-East and Africa (MEA) is projected to develop altogether amid the forecast time. MEA represents the smallest market among all the other regions included in the study. The growing concern for water conservation, particularly in Middle-East, is bolstering the market growth amid the forecast period.

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The water companies in the U.K. have been experiencing losses of around 27% of the treated water due to inaccurate water network. Thames Water Utilities in the U.K. has been aggressively investing in these meters. Rogers Water Utilities (RWU) in the U.S. is planning to completely replace its existing water meters with smart water meters by 2021. The Keystone Utility Systems, through a contract with Sammamish Plateau Water in the U.S., was supposed to install around 18,000 smart water meters in the country by late 2016.

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