Asia-Pacific Water Meter Market 2016-2022: Growing Rate of Metering and Adoption of Smart Water Metering in Key Developed Nations
DUBLIN, Jan. 15, 2018 /PRNewswire/ —
The “Water Meter Market in Asia-Pacific, Forecast to 2022″ report has been added to ResearchAndMarkets.com’s offering.
The market is likely to grow at a modest Compound Annual Growth Rate (CAGR) of 3.5% between 2016 and 2022, propelled by the growing rate of metering in the region and the adoption of smart water metering in key developed nations.
The Asia-Pacific (APAC) water meter market, comprising basic water meters, automated meter reading (AMR), and advanced metering infrastructure (AMI) technologies is growing steadily due to the region-wide focus on improving metering penetration and reducing non-revenue water (NRW) losses.
Utilities have realized the importance of increasing cost recovery in ensuring the financial and environment sustainability of water supply. Strong private sector investment is also expected in the market due to a shift in the investment focus from China and India toward emerging markets. This environment of change has proved beneficial to the water meter market, with the region witnessing an increase in the pace of project implementation and a leapfrogging in adoption of smart metering systems.
The water meter market in APAC is still nascent with a highly fragmented market. Water meter market leaders from Japan and Europe have already begun capitalizing on the largely underdeveloped Southeast Asian meter market. Key companies in the region include Itron, Elster, Aichi Tokei Denki, Sensus, Arad, and K-Water.
While Japan and Australia are currently the markets with the most activity, developing markets such as Indonesia, Singapore, and South Korea are expected to offer strong growth opportunity in the coming years.
Frontier markets such as the Philippines and Vietnam will be fail-safe long-term bets. In terms of market segment performance, the market share of basic meters will gradually be eroded by smart metering technologies due to the need for better demand management and increased cost recovery from customers.
Key Questions this will Answer
- What is the current market size and at what rate will it grow over the forecast period?
- What are the major trends influencing the sales and adoption of metering products?
- What are the major opportunities for growth in this market? How can companies leverage existing competencies to take advantage?
Key Topics Covered:
1. Executive Summary
2. Market Overview
3. Drivers And Restraints – Total Water Meter Market
4. Forecasts And Trends – Total Water Meter Market
5. Market Share And Competitive Analysis – Total Water Meter Market
6. Growth Opportunities And Companies To Action
7. Analysis By Meter Type – Basic Meters Segment Analysis
8. Amr Segment Analysis
9. Ami Segment Analysis
10. Analysis By Regionaustralia Analysis
11. Indonesia Analysis
12. Japan Analysis
13. Singapore Analysis
14. Rest Of Asia-Pacific Analysis
15. The Last Word
- Aichi Tokei Denki
- Azbil Kimmon
- Damini Metering
- Holley Metering
- Landis + Gyr
- RMC Global
- Spire Metering
- Takahata Precision
- Wuhan San Fran
For more information about this report visit https://www.researchandmarkets.com/research/zs9xs9/asiapacific?w=5
Research and Markets
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