Smart water meter is an internet-enabled device, typically coupled with GPS chips and GIS (Geographic Information System) that measures and manages water consumption and distribution. A smart water meter uses power line communications (PLC), wireless radio frequency, and SCADA (Supervisory Control and Data Acquisition) in order to constantly communicate with the central server. The smart water meters market came into prominence in the 2000s, as a part of the Smart Grid project, which was ... Read more
Smart Water Meters market will register a 6.7% CAGR in terms of revenue, the global market size will reach US$ 3350 million by 2024, from US$ 2420 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Smart Water Meters business, shared in Chapter 3.
The global smart water meter market was valued at US$ 21.8 Mn in 2017 and is projected to register a compounded annual growth rate (CAGR) of over 13.42% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Smart Water Meter Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ The report suggests ... Read more
Transparency Market Research has published a new research report on the global smart water meter market. According to the research report, the smart water meter market is expected to exhibit a massive CAGR of 13.42% during the given period of forecast of 2018 to 2026. With this rate of growth, the volume sale of the smart water meter market is expected to reach 81.52 million units by the end of 2026. ... Read more