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Europe AMI Smart Water Meter Market Analysis

  • Report ID: GMI10996
  • Published Date: Aug 2024
  • Report Format: PDF

Europe AMI Smart Water Meter Market Analysis

Based on product, the cold-water meter segment is expected to cross USD 5.6 billion by 2032, due to their role in managing energy consumption in residential heating systems. The trend in hot water meters is towards more robust designs that can handle higher temperatures and pressures while maintaining accuracy and durability. Innovations include enhanced thermal insulation and advanced sensor technologies to improve performance and reliability in challenging conditions.
 

Europe AMI Smart Water Meter Market Revenue Share, By Application, 2023

Based on application, residential segment is anticipated to grow with a CAGR of 32% from 2024 to 2032, with the increase in adoption due to their ability to provide accurate and real-time water usage data which helps in managing consumption and detecting leaks. These meters offer benefits like remote reading and detailed consumption analytics which contribute to their growing adoption in urban and suburban areas.
 

Europe AMI Smart Water Meter Market Revenue Share, By Application, 2023

Germany AMI smart water meter market revenue to surpass USD 1.3 billion by 2032, as utilities continue to embrace digital solutions to address water management challenges and meet regulatory requirements, reflecting broader trends in the smart water metering sector. The market is characterized by a strong focus on integrating advanced technologies to enhance water metering accuracy, data collection, and management.
 

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market size of Europe AMI smart water meter was valued at reached USD 588.1 million in 2023 and is anticipated to grow at 32% CAGR from 2024 to 2032, driven by increasing efforts to modernize water infrastructure and improve resource management.

The residential application segment in the Europe AMI smart water meter market is anticipated to witness 32% CAGR through 2032, due to their ability to provide accurate and real-time water usage data to help in managing consumption and detecting leaks.

Germany AMI smart water meter industry is anticipated to surpass 1.3 billion by 2032, due to higher adoption of digital solutions to address water management challenges and meet regulatory requirements.

Apator S.A, Arad Group, Badger Meter, Inc., BMETERS Srl, Diehl Stiftung & Co. KG, Honeywell International Inc., Itron Inc., Kamstrup, Landis+Gyr, Ningbo Water Meter Co., Ltd, and Sensus.

Europe AMI Smart Water Meter Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 9
  • Countries covered: 6
  • Pages: 100
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