Commercial Smart Water Meter Market Analysis

  • Report ID: 6590
  • Published Date: Oct 23, 2024
  • Report Format: PDF, PPT

Commercial Smart Water Meter Market Analysis

 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:

Technology

  • AMI
  • AMR

Product

  • Hot Water Meter
  • Cold Water Meter 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 6590
  • Published Date: Oct 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of commercial smart water meter was over USD 849.8 million.

The market size for commercial smart water meter is projected to cross USD 8.7 billion by the end of 2037 expanding at a CAGR of 21.4% during the forecast period i.e., between 2025-2037.

The major players in the market are Aclara Technologies LLC, Avnet, Inc., SUEZ SA, Apator S.A., Arad Group, Badger Meter, Inc., Honeywell International Inc., Diehl Stiftung & Co. KG (Diehl Verwaltungs-Stiftung), Itron, Inc., Kamstrup, and others.

The cold-water meter segment is anticipated to garner a share/size of 88.4% during 2025-2037.

The Europe commercial smart water meter sector is poised to hold a 36.3% share by the end of 2037.
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