Smart Electric Meter

Smart Water Meter Consumption Market Segmented by Product, Top Manufacturers, Geography Trends & Forecasts to 2023

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An analysis of Smart Water Meter Consumption market has been provided in the latest report launched by Market Study Report that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

The report on Smart Water Meter Consumption market is an all-inclusive study of the current scenario of the industry with the base year being 2017 and its growth prospects over 2018-2023. The report is a meticulous endeavor to present a comprehensive overview of Smart Water Meter Consumption market based on growth opportunities and market shares. The report presents a detailed outline of the product type, key manufacturers, application and key regions concerned in the Smart Water Meter Consumption market.

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This report considers various parameters to calculate the Smart Water Meter Consumption market size especially, value and volume generated from the sales in such segments as product type, application, region, competitive landscape etc.

The competitive scenario of the Smart Water Meter Consumption market has also been evaluated by the report while presenting detailed analysis of notable manufacturers and vendors participating in the Smart Water Meter Consumption market. Major companies covered in the report are as follows:

  • Arad Technologies, Kamstrup, Takahata Precison, Neptune Technology Group, SenTec, Badger Meter, Sensus, Aquiba, Itron, Elster, Johnson Valves, Datamatic, Sanchuan, Suntront, Integrated Electronic Systems Lab, Chongqing Smart Water Meter, Ningbo Water Meter, Wasion Group, Shenzhen Huaxu, Hunan Changde Water Meter Manufacturing,

Additionally, the report discusses key trends driving the growth of the market, opportunities involved, major challenges and risks that are often confronted by key manufacturers besides presenting an overall idea of the market. The report also analyses in details emerging trends in the marketplace and their impact on current and future development of the Smart Water Meter Consumption market.

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Smart Water Meter Consumption market has been segmented by product type as follow:

  • Pre-payment Electricity Meter, Remote Transmitting Water Meter,

Smart Water Meter Consumption market has been segmented by application type as follow:

  • IC Card Water Meter, TM Card Prepayment Water Meter, RF Smart Card Meter, Coded Water Meter, Impulse Type Remote Water Meter, Direct-reading Remote Water Meter,

The report classifies the regional landscape for Smart Water Meter Consumption market as follow: United States, Germany, France, Russia, China, Japan, India, Korea, Southeast Asia, Middle East, Africa

Research objectives of the study included the analysis of global Smart Water Meter Consumption market consumption in terms of volume and value on the basis of parameters such as regions, application and product type based on data from 2013 to 2017 and forecast for the period of 2018-2023. By identifying the various subsegments of Smart Water Meter Consumption market, a detailed understanding of the market structure has been provided. In an effort to describe, define and analyze the volume, value, market share, sales, competitive landscape, development plans and SWOT analysis for the ensuing years, the report focuses on key manufacturers and their actions in Smart Water Meter Consumption market.

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The report analyses Smart Water Meter Consumption in respect to growth trends, future prospects and contribution of individual players in the Smart Water Meter Consumption market. It also reveals detailed information about the growth potential, drivers, opportunities, risks and challenges that influence the development of Smart Water Meter Consumption market. The report presents a comprehensive projection of the regional submarkets of Smart Water Meter Consumption along with the key countries where the submarkets are most dominant. It also analyses developments such as new product launches, agreements, acquisitions and expansions as well as provides strategic profiles of key players in Smart Water Meter Consumption market while highlighting their growth strategies.

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Electric Water Heater Market Forthcoming Developments, Growth Challenges, Opportunities 2024

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This global Electric Water Heater market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

Electric Water Heater Market will cross USD 30 billion by 2024, with global shipments set to grow at over 6%; as per a research report.

Rising disposable income has resulted in increasing use of electronic appliances by households, which has resulted in increasing electricity consumption. With the rising disposable income and enhanced living standards, households generally tend to progress in the energy ladder in terms of cost, quality, and convenience.

Innovative designs, increased energy efficiency, reduced space requirement, and replacement & the need for upgrading water heaters are stimulating the growth of residential segment. The increasing demand is also attributed to rising disposable income in the developing countries and increasing electrification in the region. This segment is estimated to further grow owing to changing consumer preferences and manufacturers developing products that comply with stringent energy-efficiency regulations.

The demand in the commercial segment is due to the increased requirements for large process portable water heaters. The commercial electric water heater market is affected by organizations preferring solar-powered products due to their advantages in the long run. These applications will grow at over 7% CAGR estimation from 2017 to 2024 to exceed 18 million units.

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The regulatory standards established for the electric water heater market followed by the system vendors may vary as per the region. For instance, National Appliance Energy Conservation Act (NAECA) in the U.S. makes suitable efficiency standards for various household appliances such as dishwashers, refrigerators, water heaters, dryers, and washing machines. NAECA mandates high-energy efficiencies periodically as per energy factor ratings on all residential electric, oil, gas, and tankless water heaters to effectively decrease energy consumption in home appliances.

Products with ohmic array technology offer instant on-demand heating with no heating elements. This technology includes graphite electrodes instead of metal heating elements, which eliminate chances of corrosion, plating, and scaling, offering a longer lifespan and low maintenance. This technology helps in saving time, conserves water & energy, and uses naturally occurring minerals to heat water. With this new technology, water is heated instantly by the direct transfer of energy. Water is the only element that gets hot inside as there is no heating element and thus the surface of the heater does not become hotter than water.

Ohmic heating eliminates the formation of steam bubbles throughout the heating cycle and results in a virtually silent heating operation. There is no heating element, so precipitation of minerals and chemicals dissolved in water can be avoided as precipitates around the heating element and in the bottom of the heating kettle can reduce the heating efficiency. These precipitates can further find their way into the drinks and food, which are prepared using the hot water.

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Table of Content:

Chapter 1    Methodology & Scope

1.1    Methodology

1.1.1    Initial data exploration

1.1.2    Statistical model and forecast

1.1.3    Industry insights and validation

1.1.4    Definition and forecast parameters

1.2    Data Sources

1.2.1    Secondary

1.2.2    Primary

Chapter 2    Executive Summary

2.1    Electric water heater industry 360 degree synopsis, 2013 – 2024

2.1.1    Business trends

2.1.2    Regional trends

2.1.3    Product trends

2.1.4    Application trends

Chapter 3    Electric Water Heater Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2013 – 2024

3.3    Industry ecosystem analysis

3.3.1    Distribution channel analysis

3.3.2    Vendor matrix

3.4    Technology & innovation landscape

3.4.1    Grid interactive electric resistance water heater

3.4.2    Ohmic array technology

3.4.3    Smart water heater

3.5    Regulatory landscape

3.5.1    U.S.

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Smart Electric Meter Market reach at USD 11 billion by 2024 By Manufacture and Segmentation

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Market Size Forecasters Add New Global Smart Electric Meter Market by Manufacturers, Countries, Type and Application, Forecast to 2024 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 190 pages with table and figures in it.

Smart Electric Meter Market size is set to exceed USD 11 billion by Market Size Forecasters report examines the Smart Electric Meter Market for the period 2017- 2024. The primary objective of the report is to analyse the underlying factors that are driving growth of the futuristic outlook market: Smart Electric Meter Market, which is significantly transforming buying habits of consumers across various markets.

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Scope of the Report:

Growing demand for accurate billing coupled with efforts towards energy conservation will augment the global smart electric meter market growth. Rapid development of electricity network along with growing investment in smart grid will further complement the business landscape.

Increasing energy prices and growing instances of electricity theft will further boost product demand. According to a 2013 IMF report, global electricity theft was over USD 100 million. Rising concerns towards accuracy in billing among end users may positively influence the industry size.

The American Recovery and Reinvestment Act (ARRA) mandating strict regulations towards accurate billing along with increasing electricity demand will stimulate the U.S. smart electric meter market size. The U.S. Department of Energy and ARRA jointly invested USD 30 billion in 2009, to give an impetus to a wide range of sustainable energy projects and upgrade existing smart grid networks in the region.

Stringent regulations towards adoption of intelligent systems to precisely track electricity consumption will augment the smart electric meter market share. European Union Directive 2009/72/EC mandates member countries to undertake initiatives which will increase consumer awareness towards the benefits of adopting these products. Directive 2014/724/EU provides guidance to regulators on safeguarding and protecting consumers’ consumption data.

Smart Electric Meter Market Best Manufactures:

Siemens, Itron, Schneider Electric, Landis+GYR, Icsa, Circutor, Holley Metering, Iskraemeco, Osaki Electric, Honeywell International, Sensus Sentec, Elster Group, Badger Meter and Neptune Technology.

Global Smart Electric Meter Market, By Application




Global Smart Electric Meter Market, By Technology



Market Segment by Regions, regional analysis covers:

North America, U.S, Canada, Europe, Germany, UK, France, Italy, Spain, Asia Pacific, China, India, Japan, South Korea, Australia, Latin America, Brazil, Mexico, Middle East and Africa

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Table of Content:

Chapter 1.    Methodology

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.2.2. Secondary

Chapter 2.    Executive Summary

2.1 Smart Electric Meter industry 3600 synopsis, 2013 – 2024

2.1.1. Business trends

2.1.2. Product trends

Chapter 3.    Smart Electric Meter Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 – 2024 (USD Million)

3.3.1 Vendor matrix

3.4 Technology innovation landscape

3.5 Regulatory landscape

Chapter 4.    Smart Electric Meter Market, By Product

4.1 Smart electric meter market share by application, 2016 2024

4.2 Residential

4.2.1 Residential smart electric meter market, 2013 – 2024

4.2.2 Residential smart electric meter market, by region, 2013 – 2024

4.3 Commercial

4.3.1 Commercial smart electric meter market, 2013 – 2024

4.3.2 Commercial smart electric meter market, by region, 2013 – 2024

4.4 Utility

Chapter 5.    Smart Electric Meter Market, By Application

5.1 Smart electric meter market share by technology, 2016 2024

5.3.2 AMI smart electric meter market, by region, 2013 – 2024


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