Frost Radar™ on the Global Smart Water Metering Market

Frost Radar™ on the Global Smart Water Metering Market

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
02-May-2023
REGION
North America
Deliverable Type
Frost Radar
Research Code: PE5B-01-00-00-00
SKU: EN01384-NA-MT_27616
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Description

Water utilities across the globe are exploring new solutions to adapt to climate change, this has driven decision makers to implement water conservation policies which specifies the need to reduce leaks and holistically reduce Non-Revenue Water (NRW). Smart water meters are the tool of choice for water utilities to reduce leaks and NRWas it ensures billing accuracy and assists in monitoring consumption pattern. In addition, smart water metering system that includes a meter data management & analytics platform enables efficient customer service management, workflow management and resource management. Water utilities are transitioning from conventional metering to smart metering by leveraging IoT connectivity enables by LPWAN technologies such as LoRa, Wize, NB IoT, LTE-M, MiOTY etc.

The Smart water meter market is expected grow from $ 5.2 billion in 2023 to $7.3 billion in 2026. NA and Europe are the key hotspots for smart water metering whilst India, Brazil, SEA countries (Malaysia, Indonesia, Vietnam, and Philippines) and Australia are the key emerging hotspots. China is the single largest market for smart water meters in APAC but is mostly served by a large number of local/regional players.

Smart water metering systems solution providers are leveraging IoT Connectivity and data analytics platforms to expand their solutions portfolio to offer customer end to end NRW and water network management systems through collaboration and strategic partnerships.

The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes numerous companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.

In a field of 100+ global industry participants, Frost & Sullivan independently plotted the top 21 companies in this Frost Radar™ analysis. The Smart water metering solutions market Radar features 1) Apator, 2) Azbil Kimmon, 3) Arad Group, 4) Axioma, 5) Badger Meter, 6) Diehl, 7) Drop by Drop, 8) Honeywell Elster, 9) Itron, 10) Kamstrup, 11) Kritsnam, 12) Landis + Gyr, 13) Maddalena, 14) Mueller water products, 15) Neptune, 16) Nereus, 17) Ningbo Water Meter (NWM), 18) Suez - Smart metering services, 19) Nova Veolia (Birdz), 20) WEGoT, 21) Xylem-Sensus.

Table of Contents

Global Smart Water Metering Market

  • Global Smart Water Metering Market
Water utilities across the globe are exploring new solutions to adapt to climate change, this has driven decision makers to implement water conservation policies which specifies the need to reduce leaks and holistically reduce Non-Revenue Water (NRW). Smart water meters are the tool of choice for water utilities to reduce leaks and NRWas it ensures billing accuracy and assists in monitoring consumption pattern. In addition, smart water metering system that includes a meter data management & analytics platform enables efficient customer service management, workflow management and resource management. Water utilities are transitioning from conventional metering to smart metering by leveraging IoT connectivity enables by LPWAN technologies such as LoRa, Wize, NB IoT, LTE-M, MiOTY etc. The Smart water meter market is expected grow from $ 5.2 billion in 2023 to $7.3 billion in 2026. NA and Europe are the key hotspots for smart water metering whilst India, Brazil, SEA countries (Malaysia, Indonesia, Vietnam, and Philippines) and Australia are the key emerging hotspots. China is the single largest market for smart water meters in APAC but is mostly served by a large number of local/regional players. Smart water metering systems solution providers are leveraging IoT Connectivity and data analytics platforms to expand their solutions portfolio to offer customer end to end NRW and water network management systems through collaboration and strategic partnerships. The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes numerous companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned. In a field of 100+ global industry participants, Frost & Sullivan independently plotted the top 21 companies in this Frost Radar™ analysis. The Smart water metering solutions market Radar features 1) Apator, 2) Azbil Kimmon, 3) Arad Group, 4) Axioma, 5) Badger Meter, 6) Diehl, 7) Drop by Drop, 8) Honeywell Elster, 9) Itron, 10) Kamstrup, 11) Kristnam, 12) Landis + Gyr, 13) Maddalena, 14) Mueller water products, 15) Neptune, 16) Nereus, 17) Ningbo Water Meter (NWM), 18) Suez - Smart metering services, 19) Nova Veolia (Birdz), 20) WEGoT, 21) Xylem-Sensus.
More Information
Deliverable Type Frost Radar
Author Paul Hudson
Industries Environment
No Index No
Is Prebook No
Keyword 1 Smart Water Meter Market
Keyword 2 Smart Water Metering market
Keyword 3 Smart Water Metering Systems
Podcast No
WIP Number PE5B-01-00-00-00