Middle East & Africa 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)
The Middle East & Africa smart water metering market is expected to grow from US$ 72.03 million in 2022 to US$ 109.05 million by 2028. It is estimated to grow at a CAGR of 7.2% from 2022 to 2028.
Increasing Number of Smart Water Meter Projects is Driving the Middle East & Africa Smart Water Metering Market
One of the most crucial pieces of a city is its water supply system. With the increasing population, it is inevitable anticipated that the demand for water consumption will increase exponentially. A city’s water distribution channel and management systems have to be viable over a longer period of in order to maintain consistent growth and should be integrated with technologies that are capable to monitor and check water loss issues. Various developed and developing nations across the globe are witnessing a paradigm shift to smart cities. The government of various countries are adopting the momentum of smart cities thereby, investing in the development of internet infrastructure in the countries with an aim to bring robust urbanization. The demand for smart water meter is anticipated to witness an exponential growth in these smart cities as the smart city initiatives majorly focus on the energy sector. The water utilities in all countries cater to energy sectors as the energy generation sector is one of the prominent consumers of water. Pertaining to the advancement of energy sectors in smart cities, the future for smart water meters is also anticipated to be promising.
Middle East & Africa Smart Water Metering Market Overview
The Middle East & Africa in known to be a region with two halves of economies. The Gulf countries are economically developed countries, whereas the African countries are yet to match up to the economic conditions of the Gulf countries and lag far behind. Poor economy and access to poor internet connectivity are the major reasons for low smart water meter technological trials and rollouts in the region. The Middle East & Africa, a region encompassing more than 70 countries, faces extreme market variations in terms of Information and Communication Technology (ICT) maturity. As developed nations in the Middle East, Saudi Arabia and the UAE move ahead with smart water meter implementation plans, while countries in Africa are eyeing to catch up with the modern technologies. Evolving consumer behavior, rapid industrialization, government ambitions, and changing economic condition in the Middle East & Africa are the factors driving the growth of emerging technologies. The opportunities have been identified in the growth in data access and in digital services, such as M2M/IoT, mobile financial services, content and digital media, enterprise ICT services. High penetration of technology and IoT is poised to influence in the metering infrastructures and thereby boost the adoptions of smart water meters by the residential and industrial sectors in the region.
Middle East & Africa Smart Water Metering Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Smart Water Metering Market Segmentation
The Middle East & Africa smart water metering market is segmented into type, component, application, and meter type, and country.
On the basis of type, the Middle East & Africa 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 the largest market share in 2022.
On the basis of application, the Middle East & Africa smart water metering market has been segmented into residential and industrial. The residential segment held the largest market share in 2022.
On the basis of meter type, the Middle East & Africa smart water meter has been segmented into ultrasonic meters, electromagnetic meters, and electromechanical meters. Ultrasonic meters segment held the largest market share in 2022.
Based on country, the Middle East & Africa smart water metering market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia 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; Sensus USA Inc; WAVIoT Integrated Systems LLC are the leading companies operating in the Middle East & Africa 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. Middle East & Africa Smart Water Metering Market Landscape
4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
4.2.1.1 Saudi Arabia
4.2.1.2 UAE
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Middle East & Africa 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 Across Different Regions
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 – Middle East & Africa Market Analysis
6.1 Middle East & Africa Smart Water Metering Market Overview
6.2 Middle East & Africa Smart Water Metering Market Forecast and Analysis
7. Middle East & Africa Smart Water Metering Market Analysis – By Type
7.1 Overview
7.2 Middle East & Africa Smart Water Metering Market, by Type (2021 & 2028)
7.3 Advanced Metering Infrastructure
7.3.1 Overview
7.3.2 Advanced Metering Infrastructure: Middle East & Africa 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: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Smart Water Metering Market Analysis – By Component
8.1 Overview
8.2 Middle East & Africa Smart Water Metering Market, by Component (2021 & 2028)
8.3 Controlling Units
8.3.1 Overview
8.3.2 Controlling Units: Middle East & Africa 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: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Smart Water Metering Market Analysis – By Application
9.1 Overview
9.2 Middle East & Africa Smart Water Metering Market, by Application (2021 & 2028)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Industrial
9.4.1 Overview
9.4.2 Industrial: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa Smart Water Metering Market Analysis – By Meter Type
10.1 Overview
10.2 Middle East & Africa Smart Water Metering Market, by Meter Type (2021 & 2028)
10.3 Ultrasonic Meter
10.3.1 Overview
10.3.2 Ultrasonic Meter: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Electromagnetic Meter
10.4.1 Overview
10.4.2 Electromagnetic Meter: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Electromechanical Meter
10.5.1 Overview
10.5.2 Electromechanical Meter: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
11. Middle East & Africa Smart Water Metering Market – Country Analysis
11.1 Overview
11.1.1 MEA: Smart Water Metering Market, by Key Country
11.1.1.1 Saudi Arabia: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Saudi Arabia: Smart Water Metering Market, by Type
11.1.1.1.2 Saudi Arabia: Smart Water Metering Market, by Component
11.1.1.1.3 Saudi Arabia: Smart Water Metering Market, by Application
11.1.1.1.4 Saudi Arabia: Smart Water Metering Market, by Meter Type
11.1.1.2 UAE: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 UAE: Smart Water Metering Market, by Type
11.1.1.2.2 UAE: Smart Water Metering Market, by Component
11.1.1.2.3 UAE: Smart Water Metering Market, by Application
11.1.1.2.4 UAE: Smart Water Metering Market, by Meter Type
11.1.1.3 South Africa: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 South Africa: Smart Water Metering Market, by Type
11.1.1.3.2 South Africa: Smart Water Metering Market, by Component
11.1.1.3.3 South Africa: Smart Water Metering Market, by Application
11.1.1.3.4 South Africa: Smart Water Metering Market, by Meter Type
11.1.1.4 Rest of MEA: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of MEA: Smart Water Metering Market, by Type
11.1.1.4.2 Rest of MEA: Smart Water Metering Market, by Component
11.1.1.4.3 Rest of MEA: Smart Water Metering Market, by Application
11.1.1.4.4 Rest of MEA: 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 Diehl Stiftung & Co KG
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
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Middle East & Africa Smart Water Metering Market, Revenue and Forecast, 2020–2028 (US$ Million)
Table 2. Saudi Arabia: Smart Water Metering Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Saudi Arabia: Smart Water Metering Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia: Smart Water Metering Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia: Smart Water Metering Market, by Meter Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE: Smart Water Metering Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE: Smart Water Metering Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE: Smart Water Metering Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. UAE: Smart Water Metering Market, by Meter Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. South Africa: Smart Water Metering Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. South Africa: Smart Water Metering Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. South Africa: Smart Water Metering Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. South Africa: Smart Water Metering Market, by Meter Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of MEA: Smart Water Metering Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of MEA: Smart Water Metering Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of MEA: Smart Water Metering Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of MEA: Smart Water Metering Market, by Meter Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa Smart Water Metering Market Segmentation
Figure 2. Middle East & Africa Smart Water Metering Market Segmentation – Country
Figure 3. Middle East & Africa Smart Water Metering Market Overview
Figure 4. Middle East & Africa Smart Water Metering Market, by Type
Figure 5. Middle East & Africa Smart Water Metering Market, by Application
Figure 6. Middle East & Africa Smart Water Metering Market, by Country
Figure 7. Middle East & Africa - PEST Analysis
Figure 8. Saudi Arabia - PEST Analysis
Figure 9. UAE - PEST Analysis
Figure 10. Middle East & Africa Smart Water Metering Market: Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. Middle East & Africa Smart Water Metering Market: Impact Analysis of Drivers and Restraints
Figure 13. Middle East & Africa Smart Water Metering Market, Forecast and Analysis (US$ Million)
Figure 14. Middle East & Africa Smart Water Metering Market Revenue Share, by Type (2021 & 2028)
Figure 15. Advanced Metering Infrastructure: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Automatic Meter Reader: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Middle East & Africa Smart Water Metering Market Revenue Share, by Component (2021 & 2028)
Figure 18. Controlling Units Reader: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Display, Storage & Integrated Software: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Middle East & Africa Smart Water Metering Market Revenue Share, by Application (2021 & 2028)
Figure 22. Residential: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Industrial: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Middle East & Africa Smart Water Metering Market Revenue Share, by Meter Type (2021 & 2028)
Figure 25. Ultrasonic Meter: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Electromagnetic Meter: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Electromechanical Meter: Middle East & Africa Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. MEA: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. MEA: Smart Water Metering Market Revenue Share, by Key Country (2021 & 2028)
Figure 30. Saudi Arabia: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. UAE: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. South Africa: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of MEA: Smart Water Metering Market – Revenue and Forecast to 2028 (US$ Million)
- Arad Ltd
- Badger Meter Inc.
- Diehl Stiftung & Co KG
- Itron Inc
- Kamstrup AS
- Mueller Water Products Inc.
- Sensus USA Inc
- WAVIoT Integrated Systems LLC
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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