The India Smart Water Metering Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of India Smart Water Metering market 2030?
The India Smart Water Metering Market is projected to grow at a CAGR of around 15% during the forecast period, i.e., 2024-30.
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Who are the top companies operating in the India Smart Water Metering market?
The report features prominent companies operating in the India Smart Water Metering market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in India Smart Water Metering market: Peltek India, Schneider Electric, ABB Limited, Honeywell Elster, Siemens AG, Landis Gyr, Badger Meter Inc., Itron Inc., Arad Group, Tata Communications, Others Ltd.
What is the key factor projected to fuel growth in the India Smart Water Metering Market between 2024 and 2030?
Growing Need for Reducing Non-Revenue Water – For years, India has been facing the challenge of water leakage & non-revenue water, driven by the prevalence of aged & outdated water infrastructures, mismanagement, etc. According to the World Bank 2020, the average NRW (Non-Revenue Water) in India is about 38%, i.e., more than the global average NRW. The adoption of digital & advanced solutions like smart water metering has proven to be effective in reducing NRW & water losses, improving billing efficiency, increasing water conservation, and resource optimization, resulting in enhanced income generation for water utilities.
Additionally, the launch of various government initiatives such as the Smart Cities Mission. Atal Bhujal Yojana (ABHY), etc., has also pushed the demand for smart water metering solutions. In 2019, Pune Municipal Corporation (PMC) invested over 275,000 Sensus iPERL smart water meters to monitor, measure & manage activity across its network. It is the first city to implement a program aligned with the country’s Smart City Mission, thereby contributing to the growth of the Smart Water Metering Market in India.
India Smart Water Metering Market - Segmentation Analysis
- By Component (Meters & Accessories, IT Solutions, Communications)
- By Meter Type (Electromagnetic Meters, Ultrasonic Meters, Smart Mechanical Meters)
- By Technology (Automated Meter Reading (AMR), Advanced Metering Infrastructure (AMI)),
- By End User (Residential, Commercial, Industrial, Municipal) and Others
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How does the India Smart Water Metering Market vary across different geography?
By Region
- North
- South
- East
- West
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2019-22) and forecast (2024-2030) of the following segmentation and geography.
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Comprehensive Table of Contents – India Smart Water Metering Market Analysis and Forecast, 2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: India Smart Water Metering Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of India Smart Water Metering Companies
Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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