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North America Smart Water Meter Market 2019-2027

  • ID: 5005946
  • Report
  • March 2020
  • Region: North America
  • Triton Market Research
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FEATURED COMPANIES

  • Arad Group
  • Badger Meter Inc
  • Datamatic Inc
  • Diehl Stiftung & Co Kg
  • ICSA (India)
  • Itron Inc
  • MORE
Market Outlook

This report on the smart water meter market in North America estimates the market to grow at a CAGR of 6.80% in the forecast period.

The United States and Canada together constitute the North American smart water meter market.

Water shortage in several states in the region has created a huge demand for a better water management system to monitor and manage water consumption efficiently, which is a major advantage for the smart water meter market in North America. Besides, the decline in the water leakages & other faults with the adoption of smart water technologies is also a driving factor for market growth. Water utilities have shown a strong interest in adopting these technologies for optimal utilization of water resources and are promoting the adoption of these technologies for their efficient operations.

Water utilities in Canada have announced plans to replace all the analog water meters by the smart water meters. These meters will track and measure the consumer water consumption and thus help in better management of the water resources and reduce water bills. Although there are many benefits in using smart water meter technology for both, water utilities and the consumers, data collection can pose serious privacy concerns. For example, smart meters provided by the Halifax Regional Municipality, Canada, raised security concerns over the data collected. Such a case of a breach may discourage consumers and can be responsible for restraining market growth.

Competitive Outlook

Some noteworthy companies in the smart water meter market are MASTER METER (Acquired by Arad Group), Landis+Gyr (Acquired by Toshiba Corporation), Itron Inc, Sensus (Acquired by Xylem), Badger Meter Inc and Mueller Water Products Inc.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arad Group
  • Badger Meter Inc
  • Datamatic Inc
  • Diehl Stiftung & Co Kg
  • ICSA (India)
  • Itron Inc
  • MORE
1. North America Smart Water Meter Market - Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Shrinking Water Resources Across the World
2.2.2. Increasing Focus on Accountability of Non-Revenue Water (NRW)
2.2.3. Advanced Metering Infrastructure (AMI) is Anticipated to Grow at the Highest CAGR
2.3. Porters Five Force Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.7. Market Drivers
2.7.1. Demand for Sustainable Water Supply Across Various Industries is on the Rise
2.7.2. Benefits Offered By Smart Water Meters
2.8. Market Restraints
2.8.1. Higher Cost of Smart Water Meter Installation
2.8.2. Operational Issues
2.9. Market Opportunities
2.9.1. Evolving Sustainable Water Management Systems
2.9.2. Smart City Projects in the Pipeline Across the World
2.10. Market Challenges
2.10.1. Limited Budget Allocation for Smart Systems

3. North America Smart Water Meter Market Outlook - By Technology
3.1. Automatic Meter Reading (AMR)
3.2. Advanced Metering Infrastructure (AMI)

4. North America Smart Water Meter Market Outlook - By End-User
4.1. Commercial
4.2. Industrial
4.3. Residential

5. North America Smart Water Meter Market – Regional Outlook
5.1. United States
5.2. Canada

6. Competitive Landscape
6.1. Sensus (Acquired By Xylem)
6.2. Badger Meter Inc
6.3. Elster Group GmbH (Acquired By Honeywell International)
6.4. Landis+Gyr (Acquired By Toshiba Corporation)
6.5. Itron Inc
6.6. Master Meter (Acquired By Arad Group)
6.7. Kamstrup A/S
6.8. Aclara Technologies LLC (Acquired By Hubbell Incorporated)
6.9. Zenner International GmbH & Co Kg
6.10. Arad Group
6.11. Diehl Stiftung & Co Kg
6.12. Mueller Water Products Inc
6.13. ICSA (India)
6.14. Neptune Technology Group Inc
6.15. Datamatic Inc

7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology

Table List
Table 1: North America Smart Water Meter Market, By Country, 2019-2027 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Number of People Not Having Access to Safe Water in Top 10 Countries, 2017
Table 4: Various Advantages of AMR Systems
Table 5: North America Smart Water Meter Market, By Technology, 2019-2027 (In $ Million)
Table 6: North America Smart Water Meter Market, By End-User, 2019-2027 (In $ Million)
Table 7: North America Smart Water Meter Market, By Country, 2019-2027 (In $ Million)

Figure List
Figure 1: Process Flow of Smart Water Meter
Figure 2: Market Attractiveness Index
Figure 3: Industry Components – Smart Meters
Figure 4: North America Smart Water Meter Market, By Automatic Meter Reading (AMR), 2019-2027 (In $ Million)
Figure 5: North America Smart Water Meter Market, By Advanced Metering Infrastructure (AMI), 2019-2027 (In $ Million)
Figure 6: North America Smart Water Meter Market, By Commercial, 2019-2027 (In $ Million)
Figure 7: North America Smart Water Meter Market, By Industrial, 2019-2027 (In $ Million)
Figure 8: North America Smart Water Meter Market, By Residential, 2019-2027 (In $ Million)
Figure 9: North America Smart Water Meter Market, Regional Outlook, 2018 & 2027 (In %)
Figure 10: United States Smart Water Meter Market, 2019-2027 (In $ Million)
Figure 11: Canada Smart Water Meter Market, 2019-2027 (In $ Million)
Note: Product cover images may vary from those shown
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  • Sensus (Acquired by Xylem)
  • Badger Meter Inc
  • Elster Group GmbH (Acquired by Honeywell International)
  • Landis+Gyr (Acquired by Toshiba Corporation)
  • Itron Inc
  • Master Meter (Acquired by Arad Group)
  • Kamstrup A/S
  • Aclara Technologies LLC (Acquired by Hubbell Incorporated)
  • Zenner International GmbH & Co Kg
  • Arad Group
  • Diehl Stiftung & Co Kg
  • Mueller Water Products Inc
  • ICSA (India)
  • Neptune Technology Group Inc
  • Datamatic Inc
Note: Product cover images may vary from those shown
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