Asia Pacific Smart Water Metering Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast to 2024
Category: #business  By Rahul Varpe  Date: 2021-08-06
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Asia Pacific Smart Water Metering Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast to 2024

Asia Pacific Smart Water Metering Market is estimated to surpass USD 300 million by 2024. Growing concern to limit the consumption level on account of defined policies for sustainable water use will stimulate the Asia Pacific smart water metering market growth. The industry players are making considerable investment toward development and expansion of supply network to ensure effective billing and accurate data reading. In addition, rising concerns for reducing of non-revenue water along with upgradation of existing infrastructure will enhance the industry outlook.

Japan smart water metering market is predicted to grow over USD 44 million by 2024. Growing need to ensure effective supply coupled with ongoing government norms toward encouraging efficient smart metering technology will complement the industry landscape. The Measurement Act defines the time frame for replacement and accuracy requirement for water meters ensuring the reliability and efficiency.

Accessibility of real time consumption data along with low-cost will stimulate Asia Pacific smart water metering market growth. These systems automatically diagnose & collects the consumption data and transfer reliable information to a central database for effective billing and one-way communication. AMR technology is considered as a preferred option across the industry in resolving issues pertaining to growing NRW loss, leakage detection and unreliable billing.

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AMI smart water metering market is set to expand over 30% by 2024. Ongoing research and development measures toward introduction of advanced and precise metering technologies will positively influence the industry growth. Furthermore, rising adoption of smart measuring technologies across utilities for effective billing and addressing the water shortage will augment the business growth.

Malaysia smart water metering market is set to grow on account of ongoing private sector funding coupled with adoption of smart solutions for ensuring streamlined operations. Large NRW losses on account of leakages in the distribution network and aging infrastructure have deteriorated the health of utilities. As per the estimates of Ministry of Energy, Green Technology and Water, the Non-Revenue Water estimated over 31% in 2015.

Australia smart water metering market will grow owing to increasing adoption of efficient digital technologies to provide reliable distribution channel. The industry has witnessed significant investment and number of projects for integrating smart metering solutions. In March 2018, Coliban Water, the regional authority has instigated a six-year smart meter roll out to the residential and commercial consumers.

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Eminent participants of Asia Pacific smart water metering market include Landis+GYR, Itron, Siemens, Arad, Badger Meter, Diehl Metering, Sensus, Peltek, Aclara, Honeywell Elster and Kamstrup

Table of Contents

Chapter 1 Methodology & Scope

  • 1.1 Methodology
  • 1.2 Market definitions
  • 1.3 Market estimates & forecast parameters
  • 1.4 Data Sources
    • 1.4.1 Primary
    • 1.4.2 Secondary
      • 1.4.2.1 Paid Sources
      • 1.4.2.2 Public Sources

Chapter 2 Executive Summary

  • 2.1 Asia Pacific smart water metering 360 degree synopsis, 2013 - 2024
    • 2.1.1 Business trends
    • 2.1.2 Technology trends
    • 2.1.3 Application trends
    • 2.1.4 Product trends
    • 2.1.5 Regional trends

Chapter 3 Asia Pacific Smart Water Metering Industry Insights

  • 3.1 Industry segmentation
  • 3.2 Industry landscape, 2013 - 2024
  • 3.3 Industry ecosystem analysis
    • 3.3.1 Vendor matrix
  • 3.4 Innovation & sustainability
  • 3.5 Regulatory landscape
    • 3.5.1 Asia Pacific
      • 3.5.1.1 India
      • 3.5.1.2 Japan
        • 3.5.1.2.1 The Measurement Act
        • 3.5.1.2.2 Smart Water Metering Committee
      • 3.5.1.3 Malaysia
        • 3.5.1.3.1 Water Services Industry Rules 2014
      • 3.5.1.4 New Zealand
      • 3.5.1.5 China
        • 3.5.1.5.1 12th Five Year Plan
        • 3.5.1.5.2 “One meter for one household”
      • 3.5.1.6 Australia
        • 3.5.1.6.1 Smart Water Metering Plans
      • 3.5.1.7 Singapore
        • 3.5.1.7.1 Government Initiative
  • 3.6 Industry impact forces
    • 3.6.1 Growth drivers
      • 3.6.1.1 Non-revenue water (NRW) monitoring and control
      • 3.6.1.2 Accuracy & savings in billings
      • 3.6.1.3 Effective monitoring of consumption patterns
    • 3.6.2 Industry pitfalls & challenges
      • 3.6.2.1 High initial investments and fragmented nature of the industry
  • 3.7 Technology landscape
    • 3.7.1 Automatic Meter Infrastructure (AMI)
    • 3.7.2 Automatic Meter Reading (AMR)
  • 3.8 Customer requirement
  • 3.9 Growth potential analysis
  • 3.10 Price trend analysis
  • 3.11 Comparative Analysis, (Main water pipe meters, Apartment meters)
  • 3.12 Communication protocols used in AMI/AMR
    • 3.12.1 Advanced metering infrastructure (AMI)
    • 3.12.2 Automated Meter Reading (AMR)
  • 3.13 Porter's Analysis
  • 3.14 Entry barriers
  • 3.15 Competitive landscape, 2017
    • 3.15.1 Strategy dashboard
      • 3.15.1.1 Itron
      • 3.15.1.2 Aclara Technologies
      • 3.15.1.3 Kamstrup
      • 3.15.1.4 Sensus
  • 3.16 PESTEL Analysis
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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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