The global water meter market is currently witnessing major competition due to a strong presence of players and low product differentiation. In its latest report, Transparency Market Research states that Diehl Stiftung & Co. Kg, Badger Meter, Inc., Sensus, and Elster Group GmbH are expected show dominance in the global market. These companies are slated to focus on the integration of advanced technologies in their new products to remain ahead of the competition.
The market is described by the nearness of all around differentiated worldwide, territorial, and nearby water meter makers and has all the earmarks of being profoundly divided. Nonetheless, the territorial or nearby sellers command the market in a few creating nations. The help from the legislatures of different nations over the globe towards the selection of keen meters for water administration will help in the development of the merchants in this marketspace. To upgrade income shares and ... Read more
Water utilities have shown keen interest in adopting water meters as these devices have evolved over the years to help consumers and service providers to understand the amount of water consumption. The accuracy of this equipment has simplified billing methods and allowed utilities to analyze water consumption and its wastage. Over the years, several types of water meters have gained a market share in the global market owing to their importance in conserving water, energy, and reducing the ... Read more
Some of the prominent players operating in the water meter market are Arad Group, Badger Meter, Itron, and Kamstrup. These players are increasing focus towards the adopting various strategies in order to strengthen foot hold in the smart water metering market. Contracts, agreements, business expansion and mergers and collaboration are some of the widely adopted strategies by the players. For instance, in 2018, Kamstrup, leading water metering solution manufacturer announced the opening of ... Read more
Water meters are important equipment used for measuring the amount of water consumed by households and industries. They help in monitoring water usage patterns and detect leaks in water supply lines, thereby promoting conservation of water. Water meters are widely installed by municipal water departments across homes and commercial establishments to charge users based on actual water consumption.
The global water meter market is estimated to be valued at US$ 25.16 Mn in 2023 ... Read more
