A water meter is a device that is used to measure the volume of water used by residential and commercial building that are supplied with water by a public water supply system. They can also be used at a well, water source or water system to determine the flow of water via a specific portion of the system.. Some water meters measure water in gallons while others measure in cubic feet.
According to study, there are two types of Water Meter, including Smart Water Meter and Mechanical Water Meter. The Mechanical Water Meter segment is projected to account for the largest volume share during the forecast period, however, with the acceleration of China's urbanization process and strengthened the comprehensive utilization of water resources by government, the smart water meter has entered a period of rapid replacement of mechanical water meters. In recent years, the production of smart water meters has been growing at a rate of around 15%, which will greatly meet market demand.
According to this study, over the next five years the Water Meter market will register a 7.8% CAGR in terms of revenue, the global market size will reach USD 5180 million by 2024, from USD 3300 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Water Meter business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Water Meter market by product type, application, key manufacturers and key regions and countries.
This study considers the Water Meter value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Mechanical Water Meter
Smart Water Meter
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential Use
Commericial Use
Industrial Use
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Ningbo Water Meter
Shanchuan?Group
Donghai Group
LianLi?Water?Meter
SUNTRONT?Technology
Shenzhen?Huaxu
Hunan Changde Water Meter Manufacture Co., Ltd.
Beijing Huiyi
Chongqing Smart Water Meter Group
Lianyungang?Water?Meter?Co.,Ltd.
China Minsen Metet Co., Ltd
Integrated?Electronic?Systems?Lab?Co.,Ltd.
Sensus?Metering
Hangzhou Jingda Electronic Co., Ltd.
Itron
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Water Meter consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Water Meter market by identifying its various subsegments.
Focuses on the key global Water Meter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Water Meter with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Water Meter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
