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 Residential Used Water Meters is expected to grow at a CAGR of roughly 5.6% over the next five years

This industry is highly fragmented. Most companies are small except for a few large companies. These small businesses have different levels of technic
joe zheng | 27.09.2018
This industry is highly fragmented. Most companies are small except for a few large companies. These small businesses have different levels of technical management and production management.

Especially in China, there are as many as 600 production companies in the water meter industry in China, with low industry concentration and fierce competition. And many small companies blindly imitate the products of large enterprises. In the competition, these companies often occupy the market by low prices. Water Meter industry concentration is too low, which can only rely on increasing the supervision of product quality and relying on the continuous purification of the market to gradually solve. With the continuous development of key enterprises in the industry, some small enterprises will gradually withdraw from the Water Meter market. In the Worldwide, the major players of Water Meter, Sensus Metering maintained its first place in the ranking in 2017,followed by Itron and Elster (Honeywell).

According to study, there are two types of Water Meter, including Smart Water Meter and Mechanical Water Meter. The Mechanical Water Meter segment is projected to account for the largest volume share during the forecast period, however, with the acceleration of urbanization process and strengthened the comprehensive utilization of water resources by government, the smart water meter has entered a period of rapid replacement of mechanical water meters. In recent years, the production of smart water meters has been growing at a rate of around 15%, which will greatly meet market demand.

The worldwide market for Residential Used Water Meters is expected to grow at a CAGR of roughly 5.6% over the next five years, will reach 6510 million US$ in 2023, from 4690 million US$ in 2017, according to a new GIR (Global Info Research) study.

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Market Segment by Manufacturers, this report covers
    Sensus Metering
    Itron
    Elster (Honeywell)
    Diehl Stiftung & Co. KG
    Badger Meter Inc
    Ningbo Water Meter Co., Ltd
    Zenner International GmbH & Co. KG
    Kamstrup Water Metering
    Neptune Technology Group (Roper Industries)
    Shanchuan Group
    Donghai Group
    Mueller Water Products
    LianLi Water Meter
    SUNTRONT Technology
    Hunan Changde Water Meter Manufacture Co., Ltd.
    Shenzhen Huaxu
    Beijing Huiyi
    Chongqing Smart Water Meter Group
    Lianyungang Water Meter Co., Ltd.
    China Minsen Metet Co., Ltd
    Integrated Electronic Systems Lab Co., Ltd.
    B METERS s.r.l.
    Hangzhou Jingda Electronic Co., Ltd.

Market Segment by Regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    South America (Brazil, Argentina, Colombia etc.)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
    Mechanical Water Meter
    Smart Water Meter

Market Segment by Applications, can be divided into
    City
    Rural

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Related Information:
United States Residential Used Water Meters Market 2018 Forecast to 2023
Europe Residential Used Water Meters Market 2018 Forecast to 2023
North America Residential Used Water Meters Market 2018 Forecast to 2023
Asia-Pacific Residential Used Water Meters Market 2018 Forecast to 2023
China Residential Used Water Meters Market 2018 Forecast to 2023
EMEA Residential Used Water Meters Market 2018 Forecast to 2023
Global Residential Used Water Meters Market 2018 Forecast to 2023

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