Growth Opportunities in Smart Water Metering, India, Forecast to 2030
Water Security and Universal Water Supply Coverage Goal Enhance Potential for Smart Water Management Solutions
30-Aug-2024
South Asia, Middle East & North Africa
Market Research
Rapid urbanization is worsening the scarcity and stress on India’s water resources, driving demand for smart water meters to ensure universal water coverage that is economical and environmentally sustainable. India is investing in developing water supply infrastructure to ensure universal coverage through policies and schemes, such as AMRUT 2.0. The initiative involves providing universal water supply coverage to more than 500 Indian cities. Over the next 5 to 10 years, this scheme will extend to other remaining towns and cities as part of the country’s goal to provide universal water supply to all urban populations. Water supply projects are being clubbed with water metering to ensure equitable water supply, cost recovery for services provided, accurate billing, and holistically reduce non-revenue water losses. NB-IoT and LoRaWAN-based LPWAN solutions are forecast to witness robust growth, given their extensive use for AMI-based smart water metering. The smart water metering market is forecast to increase at a CAGR of 18.9% to $180.2 million by 2030. The smart water metering value chain covers smart water meters, network solutions, meter data management (MDM) and customer information system (CIS) billing solutions, customer engagement portal (CEP) and data analytics solutions, and project management (consultants and system integrators). The analysis forecasts smart water meter unit shipments and the revenues associated with smart water metering solutions in India. The total revenue is derived by considering the unit price (typically offered to a utility by the solution provider) of hardware and software solutions involved in the smart water metering value chain. The report only covers smart water meters used for metering water consumption by domestic and non-domestic (commercial and industrial) end customers.
Author: Paul Hudson
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Indian Smart Water Metering Solutions Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Value Chain of an AMI Smart Water Metering System
Industry Segmentation
Scope of Analysis
Competitive Environment
Distribution Channels
Key Competitors in the Smart Metering Value Chain
Key Competitors in the Smart Metering Value Chain (continued)
6P Framework Shaping Smart Water Metering Industry Opportunities
6P Framework for Water Transition in India
Key Policies Driving Smart Water Metering in India
CPHEEO Standards for Smart Water Metering
CPHEEO Standards for Smart Water Metering (continued)
CPHEEO Standards for Smart Water Metering (continued)
Primary Funding Sources for Smart Water Metering Projects in India
Primary funding Sources for Smart Water Metering Projects in India (continued)
Key Open/Public LPWAN Solution Providers and Coverage
Growth Metrics
Growth Drivers
Growth Restraints
State GDP and GDP per capita in India
State Population and Number of Households
NRW and LPCD in 24 Major Indian Cities
Spending Estimates on Smart Water Solutions
Prominent Smart Water Metering Projects in India
Prominent Smart Water Metering Projects in India (continued)
Prominent Smart Water Metering Projects in India (continued)
Forecast Considerations
Revenue and Unit Shipment Forecast
Forecast Analysis
Revenue Forecast by Product Segment
Forecast Analysis by Product Segment
Forecast Analysis (continued)
Companies to Action
Companies to Action (continued)
Companies to Action (continued)
Companies to Action (continued)
Growth Opportunity 1—Local Manufacturing of Smart Water Meters
Growth Opportunity 1—Local Manufacturing of Smart Water Meters (continued)
Growth Opportunity 2—LPWAN for AMI-based Smart Water Metering
Growth Opportunity 2—LPWAN for AMI-based Smart Water Metering (continued)
Growth Opportunity 3—Metering as a Service (MaaS)
Growth Opportunity 3—Metering as a Service (MaaS) (continued)
List of Exhibits
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Deliverable Type | Market Research |
---|---|
Author | Paul Hudson |
Industries | Environment |
No Index | No |
Is Prebook | No |
Podcast | No |
WIP Number | PFPM-01-00-00-00 |