Europe Smart Water Metering Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Automatic Meter Reader and Advanced Metering Infrastructure), Component (Controlling Units, Display Storage & Integrated Software, and Others), Application (Residential and Industrial), and Meter Type (Ultrasonic Meters, Electromagnetic Meters, and Electromechanical Meters)

BMIRE00028240 | Pages: 149 | Electronics and Semiconductor | Mar 2023 | Type: Regional | Status: Published

The Europe smart water metering market is expected to grow from US$ 1,157.22 million in 2022 to US$ 2,294.23 million by 2028. It is estimated to grow at a CAGR of 12.1% from 2022 to 2028.  

 

Non-revenue Water Monitoring and Control Generating the Demand for Smart Water Meters is Driving the Europe Smart Water Metering Market

Non-revenue Water (NRW) is a major concern to the water distribution centers across the globe. The non-revenue water refers to the difference between the amount of water produced and quantity of water billed to the customers. The loss of water from the source to destination occurs due to various reasons such as leaks which are referred to as physical loss, and metering inaccuracies, tampering or theft which are apparent losses. In the current scenario, the NRW is alarming at an exponential rate leading to water scarcity and associated issues. The demand to troubleshoot the non-revenue water has led to innovated various technologies among which smart water meter is one of the most prominent technology prevailing in the industry and has been widely accepted by various governments. The smart water meter technologies record hourly data related to leakage or loss along with time and date of incidence. The technology also allows the operator to review the gathered data on-site or via any platform. Many of smart water meters are equipped with alarming systems to restrict the incidence of theft or tampering of pipelines. These alarming systems facilitate in driving additional revenue from the end users’ location. The surging demand to monitor, control and reduce non-revenue water is increasing the companies operating in the industry to innovate and design robust technologies, which is driving the market for smart water meters in the current scenario and is also foreseen to help the market to propel in the coming years.  

 

Europe Smart Water Metering Market Overview

 

The Europe smart water metering market is categorized into France, Germany, Italy, Russia, the UK, and the Rest of Europe. Mega-cities in the UK, Germany, and France are considered to be the nodes of smart water meter growth that encourage the adoption of this technology in the region. Non-revenue water in Europe accounts for an average of 26% of total water across the European utilities. Along with increasing measures toward non-revenue water reduction, there is a growing demand for the efficient use of water resources. Therefore, such a significant amount of non-revenue water demands advanced metering systems to manage revenues across other water usages.

 

Advanced water metering technology provides user-friendly command control systems, integrated billing technology, secure web-based payments, and online consumer applications, which boost customers toward adopting smart water meter products. In December 2020, Kamstrup—a leading manufacturer of system solutions for smart energy and water metering—signed an agreement with PHYSEC GmbH to develop a LoRaWan—a compatible digital water meter—to provide advanced security mechanisms and LoRaWAN communication technology in the region.  

 

Europe Smart Water Metering Market Revenue and Forecast to 2028 (US$ Million)

Europe Smart Water Metering Market Revenue and Forecast to 2028 (US$ Million)

Get more information on this report :

Europe Smart Water Metering Market Segmentation  

 

The Europe smart water metering market is segmented into type, component, application, and meter type, and country.

 

On the basis of type, the Europe smart water metering market has been segmented into advanced metering infrastructure and automatic meter reader. The automatic meter reader segment registered the largest market share in 2022.  

 

On the basis of component, the smart water metering market has been segmented into controlling units, display/storage and integrated software, and others. The display/storage and integrated software segment held a larger market share in 2022.

 

On the basis of meter type, the smart water meter market has been segmented into ultrasonic meters, electromagnetic meters, and electromechanical meters. Ultrasonic meters segment held the largest market share in 2022.   

 

On the basis of application, the Europe smart water metering market has been segmented into residential and industrial. The residential segment held the largest market share in 2022. 

 

Based on country, the Europe smart water metering market is segmented into Germany, France, Italy, UK, Russia, and the Rest of Europe. Germany dominated the market share in 2022.

 

Arad Ltd; Badger Meter Inc; Bmeters SRL; Diehl Stiftung & Co KG; Itron Inc; Kamstrup AS; Mueller Water Products Inc; Neptune Technology Group Inc; Sensus USA Inc; WAVIoT Integrated Systems LLC are the leading companies operating in the Europe smart water metering market.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Smart Water Metering Market Landscape

4.1         Market Overview

4.2         Europe PEST Analysis

4.2.1.1          France

4.2.1.2          Italy

4.2.1.3          United Kingdom

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Europe Smart Water Metering Market - Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Water Scarcity and Misuse of Water

5.1.2        Non-revenue Water Monitoring and Control Generating the Demand for Smart Water Meters

5.1.3        Increasing Number of Smart Water Meter Projects

5.2         Market Restraints

5.2.1        High Initial Investment and Lack of Knowledge

5.2.2        Vulnerable to Cyber Attacks

5.3         Opportunity

5.3.1        Smart Irrigation Systems through Smart Water Management

5.4         Future Trend

5.4.1        Increase in demand for Smart Water Meters with the Increase in Smart City Initiatives

5.5         Impact Analysis of Drivers and Restraints

6.           Smart Water Metering Market – Europe Market Analysis

6.1         Europe Smart Water Metering Market Overview

6.2         Europe: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

7.           Europe Smart Water Metering Market Analysis – By Type

7.1         Overview

7.2         Europe Smart Water Metering Market, by Type (2021 & 2028)

7.3         Advanced Metering Infrastructure

7.3.1        Overview

7.3.2        Advanced Metering Infrastructure: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Automatic Meter Reader

7.4.1        Overview

7.4.2        Automatic Meter Reader: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

8.           Europe Smart Water Metering Market Analysis – By Component

8.1         Overview

8.2         Europe Smart Water Metering Market, by Component (2021 & 2028)

8.3         Controlling Units

8.3.1        Overview

8.3.2        Controlling Units: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Display, Storage & Integrated Software

8.4.1        Overview

8.4.2        Display, Storage & Integrated Software: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Others

8.5.1        Overview

8.5.2        Others: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

9.           Europe Smart Water Metering Market Analysis – By Application

9.1         Overview

9.2         Europe Smart Water Metering Market, by Application (2021 & 2028)

9.3         Residential

9.3.1        Overview

9.3.2        Residential: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Industrial

9.4.1        Overview

9.4.2        Industrial: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

10.        Europe Smart Water Metering Market Analysis – By Meter Type

10.1      Overview

10.2      Europe Smart Water Metering Market, by Meter Type (2021 & 2028)

10.3      Ultrasonic Meter

10.3.1     Overview

10.3.2     Ultrasonic Meter: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Electromagnetic Meter

10.4.1     Overview

10.4.2     Electromagnetic Meter: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

10.5      Electromechanical Meter

10.5.1     Overview

10.5.2     Electromechanical Meter: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

11.        Europe Smart Water Metering Market – Country Analysis

11.1      Overview

11.1.1     Europe: Smart Water Metering Market, by Key Country

11.1.1.1       France: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       France: Smart Water Metering Market, by Type

11.1.1.1.2       France: Smart Water Metering Market, by Component

11.1.1.1.3       France: Smart Water Metering Market, by Application

11.1.1.1.4       France: Smart Water Metering Market, by Meter Type

11.1.1.2       Germany: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       Germany: Smart Water Metering Market, by Type

11.1.1.2.2       Germany: Smart Water Metering Market, by Component

11.1.1.2.3       Germany: Smart Water Metering Market, by Application

11.1.1.2.4       Germany: Smart Water Metering Market, by Meter Type

11.1.1.3       Italy: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       Italy: Smart Water Metering Market, by Type

11.1.1.3.2       Italy: Smart Water Metering Market, by Component

11.1.1.3.3       Italy: Smart Water Metering Market, by Application

11.1.1.3.4       Italy: Smart Water Metering Market, by Meter Type

11.1.1.4       UK: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1       UK: Smart Water Metering Market, by Type

11.1.1.4.2       UK: Smart Water Metering Market, by Component

11.1.1.4.3       UK: Smart Water Metering Market, by Application

11.1.1.4.4       UK: Smart Water Metering Market, by Meter Type

11.1.1.5       Russia: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.5.1       Russia: Smart Water Metering Market, by Type

11.1.1.5.2       Russia: Smart Water Metering Market, by Component

11.1.1.5.3       Russia: Smart Water Metering Market, by Application

11.1.1.5.4       Russia: Smart Water Metering Market, by Meter Type

11.1.1.6       Rest of Europe: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.6.1       Rest of Europe: Smart Water Metering Market, by Type

11.1.1.6.2       Rest of Europe: Smart Water Metering Market, by Component

11.1.1.6.3       Rest of Europe: Smart Water Metering Market, by Application

11.1.1.6.4       Rest of Europe: Smart Water Metering Market, by Meter Type

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      Product Development

12.4      Mergers & Acquisitions

13.        Company Profiles

13.1      Kamstrup AS

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Mueller Water Products Inc

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Badger Meter Inc

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Itron Inc

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Arad Ltd

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Sensus USA Inc

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      WAVIoT Integrated Systems LLC

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Bmeters SRL

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Diehl Stiftung & Co KG

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

LIST OF TABLES

Table 1.             Europe Smart Water Metering Market, Revenue and Forecast, 2020–2028 (US$ Million)

Table 2.             France: Smart Water Metering Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             France: Smart Water Metering Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 4.             France: Smart Water Metering Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 5.             France: Smart Water Metering Market, by Meter Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Germany: Smart Water Metering Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Germany: Smart Water Metering Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Germany: Smart Water Metering Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Germany: Smart Water Metering Market, by Meter Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Italy: Smart Water Metering Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Italy: Smart Water Metering Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Italy: Smart Water Metering Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Italy: Smart Water Metering Market, by Meter Type – Revenue and Forecast to 2028 (US$ Million)

Table 14.          UK: Smart Water Metering Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 15.          UK: Smart Water Metering Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 16.          UK: Smart Water Metering Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 17.          UK: Smart Water Metering Market, by Meter Type – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Russia: Smart Water Metering Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Russia: Smart Water Metering Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 20.          Russia: Smart Water Metering Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Russia: Smart Water Metering Market, by Meter Type – Revenue and Forecast to 2028 (US$ Million)

Table 22.          Rest of Europe: Smart Water Metering Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 23.          Rest of Europe: Smart Water Metering Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 24.          Rest of Europe: Smart Water Metering Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 25.          Rest of Europe: Smart Water Metering Market, by Meter Type – Revenue and Forecast to 2028 (US$ Million)

Table 26.          List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe Smart Water Metering Market Segmentation

Figure 2.           Europe Smart Water Metering Market Segmentation – Country

Figure 3.           Europe Smart Water Metering Market Overview

Figure 4.           Europe Smart Water Metering Market, by Type

Figure 5.           Europe Smart Water Metering Market, by Application

Figure 6.           Europe Smart Water Metering Market, by Country

Figure 7.           Europe - PEST Analysis

Figure 8.           France - PEST Analysis

Figure 9.           Italy - PEST Analysis

Figure 10.        United Kingdom - PEST Analysis

Figure 11.        Europe Smart Water Metering Market: Ecosystem Analysis

Figure 12.        Expert Opinion

Figure 13.        Europe Smart Water Metering Market: Impact Analysis of Drivers and Restraints

Figure 14.        Europe: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Europe Smart Water Metering Market Revenue Share, by Type (2021 & 2028)

Figure 16.        Advanced Metering Infrastructure: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Automatic Meter Reader: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Europe Smart Water Metering Market Revenue Share, by Component (2021 & 2028)

Figure 19.        Controlling Units Reader: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Display, Storage & Integrated Software: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Others: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Europe Smart Water Metering Market Revenue Share, by Application (2021 & 2028)

Figure 23.        Residential: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Industrial: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Europe Smart Water Metering Market Revenue Share, by Meter Type (2021 & 2028)

Figure 26.        Ultrasonic Meter: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Electromagnetic Meter: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Electromechanical Meter: Europe Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Europe: Smart Water Metering Market, by Key Country – Revenue (2021) (US$ Million)

Figure 30.        Europe: Smart Water Metering Market Revenue Share, by Key Country (2021 & 2028)

Figure 31.        France: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Germany: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Italy: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34.        UK: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Russia: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36.        Rest of Europe: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)

  1. Arad Ltd
  2. Badger Meter Inc.
  3. Diehl Stiftung & Co KG
  4. Itron Inc
  5. Kamstrup AS
  6. Mueller Water Products Inc.
  7. Neptune Technology Group Inc
  8. Sensus USA Inc
  9. WAVIoT Integrated Systems LLC
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe smart water metering market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe smart water metering market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the smart water metering market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

 

Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Purchase Options
Single User License
$3000
$2400
Site License
$4000
$3200
Enterprise License
$5000
$4000