Los Angeles, CA -- (SBWire) -- 04/10/2019 --Smart water meter is a new type of water metering which uses modern micro electro technology, modern sensor technology, and smart IC card technology. It can not only measure water use, but can transfer water use data and settle trading.

Smart Water Meter are mainly classified into the following types: Pre-payment electricity Type, Remote transmitting Type and Electronics Type, etc. Remote transmitting Type now is the most widely used type which takes up about 42% of the total market in 2017.

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Smart Water Meter have wide range of applications, such as Residential, Industrial and Commercial, etc. Residential was the most widely used area which took up about 77.5% of the global total in 2017.

The global large producers mainly concentrates in Europe, North America and Asia. The global leading players in this market are Arad Group (Israel), Kamstrup (Denmark), Xylem (Sensus) (United Kingdom), Badger Meter (USA), Takahata Precison (Japan), Diehl Metering (Germany) and Sanchuan (China), etc. Top 5 players took about 1/3 the total market in 2017.

The global Smart Water Meters market was 2420 million US$ in 2018 and is expected to 3860 million US$ by the end of 2025, growing at a CAGR of 6.9% between 2019 and 2025.

This report studies the Smart Water Meters market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Arad Group
Kamstrup
Xylem (Sensus)
Badger Meter
Takahata Precison
Diehl Metering
Itron
Neptune Technology Group
Honeywell (Elster)
B METERS
Sanchuan
Suntront
iESLab
Chongqing Intelligence
Ningbo Water Meter
Wasion Group
Shenzhen Huaxu
Hunan Changde

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Smart Water Meters in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

By the product type, the market is primarily split into

Pre-payment Electricity Meter
Remote Transmitting Water Meter
Electronics Meter

By the end users/application, this report covers the following segments

Residential
Industrial
Commercial

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