Technology (AMI, AMR)
The AMI segment is expected to hold commercial smart water meter market share of over 54.5% by the end of 2037. The segment is growing due to its improved precision and real-time data gathering, which enables utilities to effectively track water usage and identify leaks, thus cutting down on water wastage and operational expenses. This technology allows meters and utilities to communicate in both directions, which makes remote monitoring and control essential for efficient water management. By offering actionable information and facilitating predictive maintenance, the integration of AMI with IoT and advanced data analytics further increases its attractiveness.
Product (Cold Water Meter, Hot Water Meter)
In commercial smart water meter market, cold-water meter segment is poised to capture revenue share of around 88.4% by the end of 2037. The segment growth can be attributed to the need for accurate and efficient water usage monitoring, driving the demand for advanced metering solutions. To ensure proper billing and minimize water wastage, cold-water meters are crucial for monitoring and controlling water consumption in commercial facilities. Modern smart metering technologies like real-time data analytics and IoT integration improve the performance and usefulness of cold-water meters. Better water management techniques, leak detection, and predictive maintenance are made possible by these advancements, which further fuel market expansion.
Our in-depth analysis of the commercial smart water meter market includes the following segments:
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Author Credits: Dhruv Bhatia
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