Residential Water Meter Market Size, Share & Global Trends, 2028

The unit shipments of the Global Residential Used Water were at 16.578 million units in 2020, with the market expected to enlist a CAGR of 9.7% during the gauge time frame 2021-2026. With expanding tension on water utilities because of developing interest, expanding water pressure, rising energy costs, and maturing water frameworks, savvy water network arrangements have arisen with huge advantages by joining progressed metering innovation, programming, and viable interchanges frameworks. Coordinating the said parts empowers end-clients to represent each drop and transform water into income through upgraded spill location and unmatched information procurement.

The basic requirement for enhanced water utilization in water-scant regions is driving the sending of savvy water meters. For example, as indicated by a World Water Development report, 480 million individuals in Asia alone are relied upon to confront water shortage later on.

In addition, around 500 million individuals live in regions where water utilization surpasses locally sustainable water assets by an element of two. Inferable from these worries, there is an expanding need to screen water utilization, which is expected to build savvy water meters’ reception thusly.

The absence of accessibility of capital subsidizing stays a significant test that frustrating the reception of savvy water meters. The working expenses related with shrewd water metering are additionally high. Along these lines, many water utilities are not loaded and spend quite a bit of their financial plans on making network fixes to keep up with business as usual.

Extent of the Report

Water meters are gadgets that action the amount of water utilized in different private, business, and modern applications. Then again, shrewd metering arrangements are the expansions of these traditional meters, and utilize meters or modules with correspondence abilities (possibly single direction or two-way) installed inside the meter or joined to the meter.

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Major enterprises in the global market of Residential Used Water include:

Donghai Group
SUNTRONT Technology
Itron
Hunan Changde Water Meter Manufacture
Zenner International GmbH and Co. KG
Diehl Stiftung and Co. KG
Kamstrup Water Metering
Elster (Honeywell)
LianLi Water Meter
Mueller Water Products
Badger Meter Inc
Ningbo Water Meter Co.
Neptune Technology Group (Roper Industries)
Shanchuan Group
Sensus Metering

Top Impacting Factors

Critical elements that sway the development of the worldwide Smart water metering remember ascend for need for savvy water metering to streamline water utilization combined with need for exactness in charging. Further, ascent in utilities center toward diminishing nonrevenue water is relied upon to drive the market development. Be that as it may, absence of part government drives in arising economies goes about as an excellent obstruction for early reception, which hampers the development of the market. Actually, flood in digitization of the water business activities is relied upon to offer potential development opportunity for the Smart water metering market during the figure time frame.

Global Residential Used Water: Research Scope:

Global Residential Used Water, by Type:

Mechanical Water Meter
Smart Water Meter

Global Residential Used Water, by Applications:

City
Rural

Global Residential Used Water Market, by Region

North America (Covered in Chapter 9)

United States

Canada

Mexico

Europe (Covered in Chapter 10)

Germany

UK

France

Italy

Spain

Russia

Others

Asia-Pacific (Covered in Chapter 11)

China

Japan

South Korea

Australia

India

South America (Covered in Chapter 12)

Brazil

Argentina

Columbia

Middle East and Africa (Covered in Chapter 13)

UAE

Egypt

South Africa

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Key Questions Addressed by the Report

The report distinguishes and addresses the critical fragments of the market, which will help producers and specialist co-ops audit the development popular.

The report helps framework suppliers comprehend the beat of the market and gives experiences in regards to the drivers, restrictions, openings, and difficulties.

The report will assist with keying players comprehend the methodologies of their rivals better and settle on more crucial vital choices.

The report tends to the piece of the pie investigation of vital participants in the brilliant water metering market, and with the assistance of this, organizations can upgrade their incomes in the individual business sectors.

The report gives bits of knowledge into arising topographies to savvy water metering, henceforth, the whole market biological system can acquire an upper hand

Some Major Points of Table of Content:

1 Market Overview

1.1 Product Definition and Market Characteristics

1.2 Global Residential Used Water Meters Market Size

1.3 Market Segmentation

1.4 Global Macroeconomic Analysis

1.5 SWOT Analysis

  1. Market Dynamics

2.1 Market Drivers

2.2 Market Constraints and Challenges

2.3 Emerging Market Trends

2.4 Impact of COVID-19

2.4.1 Short-term Impact

2.4.2 Long-term Impact

3 Associated Industry Assessment

3.1 Supply Chain Analysis

3.2 Industry Active Participants

3.2.1 Suppliers of Raw Materials

3.2.2 Key Distributors/Retailers

3.3 Alternative Analysis

3.4 The Impact of Covid-19 From the Perspective of Industry Chain

4 Market Competitive Landscape

4.1 Industry Leading Players

4.2 Industry News

4.2.1 Key Product Launch News

4.2.2 M&A and Expansion Plans

5 Analysis of Leading Companies

Click here for complete TOC:

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