Search results for: 'meters acquisition more'

The global penetration rate for smart metering is forecast to increase from just over 40% at the start of 2022 to 65% by 2030. This growth will lead to an increased demand for meter data management (MDM) software. First-generation meters largely focus on basic functions such as billing and time-of-use pricing. With the growth of decentralized energ...

Water utilities across the globe are in various stages of implementing polices and regulations that will enable water conservation and reduce non-revenue water (NRW), with advanced smart water meters being the focal point of investment. For over a decade automated-meter-reading-based (AMR based) smart water meters were the most adopted. However, th...

The European AMI market is in the growth stage, with massive investment and acceleration anticipated this decade. Smart meters (the hardware) constitute the major part of AMI cost. The overall market in expected to witness higher unit shipments after 2013. Meter data management (MDM) is an attractive area of growth and would be the next step follow...

Smart meters are the bedrock component of a future smart grid. The smart meter market is driven by the reduction of non-technical loss, their essential role in effective integration of renewable energy, and government initiatives and regulations. Global AMI metering market revenue grew 29.8% from 2017 to 2018, reaching $6,931.5 million; revenue is ...

As the smart grid continues to develop, metering is a key building block in the process, enabling the accurate measurement of consumption and allowing utility companies to move toward real-time pricing and policies to try and reduce peak demand. The market is being driven by increased regulations and, in some markets, a desire to minimise non-techn...

This research, ‘Innovations in Smart Metering Enabling Grid Modernization’ focuses on the emerging innovations and the latest developments in the smart metering industry including Advanced Metering Infrastructure (AMI), meter data management systems (MDMS), sensor ecosystem, networks and communications, systems integration, and digital engagement p...

29 Jan 2018  |  Global  |  Market Research

Global Smart Water Meter Market, Forecast to 2026

Revenue Incentives and High Demand for Smart Control & Management Drive the Market

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Key Issues Addressed

Water stress is a major cause of concern across the globe. Optimal water resource management, reducing leaks, and achieving lower non-revenue water (NRW) are the key challenges faced by utilities or entities managing water allocation. One of the key initiatives to promote water conservation across the globe is the installation of smart water meters...

Brazil is one of the largest potential markets in the world for smart meters. Power distribution companies in the country are developing small- and large-scale pilot projects related to smart grids, most of which are supported by ANEEL’s research and development resources. Yet despite the long-standing goal of nationwide deployment, Brazil’s smart ...

This market insight highlights the water situation in India. Drivers and restraints to the market have been explained. A comparison shows the benefits of smart water meters over the traditional water meters. Various market dynamics and trends have been explained with special mention to the supply chain structure. A brief competitive assessment disc...