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Europe AMI Smart Water Meter Market Trends

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

Europe AMI Smart Water Meter Market Trends

European governments are increasingly implementing stringent water conservation regulations and sustainability goals, pushing utilities to adopt AMI smart water meters. The European Union’s Water Framework Directive and various national policies emphasize the importance of reducing water wastage and improving water management. This regulatory pressure is accelerating the deployment of smart water meters, which provide real-time data on water usage, helping utilities and consumers reduce wastage and promote sustainable water use.
 

IoT-enabled smart water meters offer real-time monitoring and remote management, allowing utilities to detect leaks, monitor water quality, and manage water distribution more efficiently. Additionally, the incorporation of advanced data analytics enables utilities to predict consumption patterns, optimize water distribution, and improve decision-making processes. The shift towards wireless communication technologies, such as LPWAN (Low Power Wide Area Network), NB-IoT (Narrowband IoT), and LoRaWAN (Long Range Wide Area Network), is a significant trend in the market. These technologies provide reliable and cost-effective communication solutions, enabling seamless data transmission from smart meters to utility providers. This enhances the overall efficiency of water management systems and reduces operational costs.
 

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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