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Europe Smart Water Meter Market Research Report: Forecast (2022-27)

Europe Smart Water Meter Market Report - By Type (One-Way, Two-Way), By Technology (Automated Meter Reading (AMR), Advanced Metering Infrastructure (AMI), Standard (non-AMR/AMI) Me......ters), By Application (Municipal, Commercial, Residential, Industrial), By Country (UK, Germany, France, Spain, Scandinavia, CIS + Russia, Central & Eastern, Benelux) By Competitors (Arad Group, Diehl Metering Group, Honeywell Elster, Kamstrup, Axioma, Itron, Sensus, Apator, Aquametro, Badger) Read more

Environment
Mar 2022
Pages 187
Report Format: PDF, Excel, PPT

Market Definition

Smart water meters are electronic devices used mainly by water utilities to measure water inflow & consumption from remote locations using wireless communication & IoT-enabled platforms. They provide more advantages than traditional meters, like better precision & accuracy in data, to customers & service providers. Moreover, they also help detect leaks & heavy water usage. Various advancements are undergoing toward enhancing the performance of these meters & making them an economical source for estimating water consumption. These benefits of smart water meters are driving the attention of many end-user industries across Europe and, in turn, projecting a significant expansion of the overall market in the coming years.

Market Insights

The Europe Smart Water Meter Market is projected to grow at a CAGR of around 9% during the forecast period, i.e., 2022-27. The growth of the market is driven principally by various measures taken to minimize non-revenue water, the mounting need for efficient utilization of resources, and rapid technological advancements to integrate advanced metering infrastructure with IoT-enabled platforms.

Europe has been profoundly active in embracing advanced technologies, including Advanced Metering Infrastructure (AMI), District Water Meter (DWM), Pressure Water Meter (PWM), and Automatic Meter Reading (AMR). As a result, people across the region are highly aware of the various benefits of smart meters, viz., secured online payments, inline consumer apps & command control systems, & integrated billing, among others.

Report Coverage	Details
Study Period (2022-2027)	Historical Data: 2017-20
	Base Year: 2021
	Forecast Period: 2022-27
CAGR	9%
Key Companies Profiled	Arad Group, Diehl Metering Group, Honeywell Elster, Kamstrup, Axioma, Itron, Sensus, Apator, Aquametro, Badger, Others
Unit Denominations	USD Million/Billion

In addition, favorable government policies for the adoption of smart water meters, massive investments in developing smart city infrastructure, and stringent government norms to minimize residential, commercial, & utility water waste are other prominent aspects anticipated to boost the Smart Water Meter Market across Europe through 2027.

Impact of Covid-19 on the Europe Smart Water Meter Market

The Covid-19 pandemic in 2020 drastically impacted most industries across Europe, where the Europe Smart Water Meter Market witnessed a moderate effect of the crisis. In the initial months, there was a slim slump in the installation & deployment of smart water meters across Europe owing to stringent movement restrictions & lockdowns imposed by governments of different European countries to curb the spread of the disease.

However, in the second quarter, governments came up with numerous initiatives to deploy smart water meter systems across the region in line with their mounting focus on smart city developments. As a result, the coming years are full of significant growth opportunities for the Europe Smart Water Meter Market, owing to several innovations in the advanced metering infrastructure, coupled with the growing digitalization across the region.

Introduction
1. Product Definition
2. Research Process
3. Assumptions
4. Market Segmentation
Executive Summary
Expert Verbatim- What our Experts Say?
Macroeconomic Outlook
Europe Smart Water Meter Market Outlook, 2017-2027
1. Market Size & Analysis
  1. Units Sold
  2. Market Revenues
2. Market Segmentation & Analysis
  1. By Type
    1. One Way
    2. Two Way
  2. By Technology
    1. Automated Meter Reading
    2. Advanced Metering Infrastructure
    3. Standard Meters
  3. By Application
    1. Municipal
    2. Commercial
    3. Industrial
    4. Residential
  4. By Country
    1. UK
    2. Germany
    3. France
    4. Spain
    5. Scandinavia
    6. CIS + Russia
    7. Central & Eastern
    8. Benelux
    9. Others
  5. By Company
    1. Revenue Shares
    2. Strategic Factorial Indexing
    3. Competitor Placement in MarkNtel Quadrant
UK Smart Water Meter Market Outlook, 2017- 2027
1. Market Size & Analysis
  1. Units Sold
  2. Market Revenues
2. Market Segmentation & Analysis
  1. By Type
  2. By Technology
  3. By End Users
Germany Smart Water Meter Market Outlook, 2017- 2027
1. Market Size & Analysis
  1. Units Sold
  2. Market Revenues
2. Market Segmentation & Analysis
  1. By Type
  2. By Technology
  3. By End Users
France Smart Water Meter Market Outlook, 2017- 2027
1. Market Size & Analysis
  1. Units Sold
  2. Market Revenues
2. Market Segmentation & Analysis
  1. By Type
  2. By Technology
  3. By End Users
Scandinavia Smart Water Meter Market Outlook, 2017- 2027
1. Market Size & Analysis
  1. Units Sold
  2. Market Revenues
2. Market Segmentation & Analysis
  1. By Type
  2. By Technology
  3. By End Users
CIS + Russia Smart Water Meter Market Outlook, 2017- 2027
1. Market Size & Analysis
  1. Units Sold
  2. Market Revenues
2. Market Segmentation & Analysis
  1. By Type
  2. By Technology
  3. By End Users
Central & Eastern Europe Smart Water Meter Market Outlook, 2017- 2027
1. Market Size & Analysis
  1. Units Sold
  2. Market Revenues
2. Market Segmentation & Analysis
  1. By Type
  2. By Technology
  3. By End Users
Benelux Smart Water Meter Market Outlook, 2017- 2027
1. Market Size & Analysis
  1. Units Sold
  2. Market Revenues
2. Market Segmentation & Analysis
  1. By Type
  2. By Technology
  3. By End Users
Europe Smart Water Meter Market Attractiveness Index, 2022- 2027
1. By Type
2. By Technology
3. By End Users
4. By Country
Europe Smart Water Meter Market Trends & Developments
Europe Smart Water Meter Market Dynamics
1. Impact Analysis
2. Drivers
3. Challenges
Europe Smart Water Meter Market Winning Strategies, 2022
1. Investment Scenario
2. Hotspots
Europe Smart Water Meter Market Porter’s Five Forces Analysis
Europe Smart Meter Market Key Success Imperatives for Growth & Success
Competitive Benchmarking
Competition Matrix
1. Product Portfolio
2. Target Markets
3. Target End Users
4. Research & Development
5. Strategic Alliances
Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
1. Itron
2. Sensus
3. Diehl
4. Kamstrup
5. Honeywell
6. Badger
7. Arad
8. Madallena
9. Apator
10. Zenner
11. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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