Selbyville, Delaware Market Study Report LLC recently added a new title on 2020-2025 Europe Smart Water Meter Market Size Report from its database. The report provides study with in-depth overview, describing about the Product, market size, share, Industry Scope and elaborates market outlook and status to 2025.
Smart water meters are deployed to keep an eye on water consumption on a real-time basis. The introduction of new technologies in the communication module of smart water meters has strongly impacted the growth of the Europe Smart Water Meter market. The demand for IoT-enabled advanced metering infrastructure (AMI) smart meters is gradually increasing in Europe due to its added benefits such as spanning real-time visualization, leak detection, and machine-to-machine communication. Moreover, the adoption of Lower Wide Area Network communication technologies such as long-range (LoRa) and narrowband (NB) IoT in smart water meters is growing in several countries due to their efficiency and improved battery life.
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According to research report titled a??Europe Smart Water Meter Market Analysis, 2020a??, the Smart Water Meter market is projected to register a CAGR of around 9% during 2020-25. The advanced metering infrastructure acquired a considerable market share in the Europe Smart Water Meter market in 2019. The key feature of the technology to enable bidirectional communication between the meter and the utility is expected to positively impact the demand for advanced metering infrastructure in the coming years. Moreover, the demand for advanced metering infrastructure is projected to boost in the forthcoming period on an account of the accessibility of real-time billing information and reduced metering cost and reduced billing errors.
The residential and commercial sectors captured a significant market share in the Europe Smart Water Meter market in 2019 due to a gradually growing awareness about the benefits of smart water meters.
According to, the key players capturing a substantial market share in the Europe Smart Water Meter market include Arad Group, Diehl Metering Group, Honeywell Elster, Kamstrup, Axioma, etc. These companies are integrating into different platforms to provide smart water meters, thereby gaining an advantage over their competitors.
Key Questions Answered in the Market Research Report
What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of European Smart Water Meter Market?
What are the region wise industry size, growth drivers and challenges key market trends?
What are the key innovations, technology upgrades, opportunities, regulations in the European Smart Water Meter Market?
Who are the key competitors or market players and how they perform in European Smart Water Meter Market on the basis of competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of European Smart Water Meter Market study?
Market Outlook, Segmentation and Statistics
Market Potential & Outlook
Market Segmentation & Outlook
Automated Meter Reading
Advanced Metering Infrastructure
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