The latest report by MarkNtel Advisors, titled “India Smart Water Metering Market” Size study report 2024-30 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. India Smart Water Metering Market Share, Size, and Industry 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. The India Smart Water Metering Market is projected to grow at a CAGR of around 15% during the forecast period, i.e., 2024-30.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of India Smart Water Metering Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
Request For Sample Report: https://www.marknteladvisors.com/query/request-sample/india-smart-water-metering-market.html
India Smart Water Metering Market Opportunity:
Need for Replacement of Ageing Water Infrastructures to Create New Opportunities – Most of the water industry infrastructures in India have been outdated and deteriorating due to years of use, lack of maintenance, and the effects of natural wear & tear. This further leads to leakage and growth in non-revenue water in the country. Replacing aging infrastructures with modern systems like smart water metering that have improved leak detection mechanisms, accurate metering, and efficient distribution networks. Thus, smart water metering can reduce NRW and enhance revenue generation for water utilities.
The government of the country has been taking various initiatives to replace traditional infrastructure and overcome the challenges of water leakage, misuse, mismanagement, etc. According to the Ministry of Jal Shakti 2022, the government of India is also implementing the Repair, Renovation & Restoration (RRR) of water bodies scheme under the PMKSY (Pradhan Mantri Krishi Sinchayee Yojana). Hence, similar replacements of aging infrastructure in the commercial, industrial, and residential sectors would further generate the demand for smart water metering in the coming years and contribute to overall market growth.
India Smart Water Metering Market Segmentation
By Component
-Meters & Accessories- Market Size & Forecast 2019-2030, USD Million
-IT Solutions- Market Size & Forecast 2019-2030, USD Million
-Communications- Market Size & Forecast 2019-2030, USD Million
By Meter Type
-Electromagnetic Meters- Market Size & Forecast 2019-2030, USD Million
-Ultrasonic Meters- Market Size & Forecast 2019-2030, USD Million
-Smart Mechanical Meters- Market Size & Forecast 2019-2030, USD Million
By Technology
-Automated Meter Reading (AMR) – Market Size & Forecast 2019-2030, USD Million
-Advanced Metering Infrastructure (AMI) – Market Size & Forecast 2019-2030, USD Million
By End User
-Residential- Market Size & Forecast 2019-2030, USD Million
-Commercial- Market Size & Forecast 2019-2030, USD Million
-Industrial- Market Size & Forecast 2019-2030, USD Million
-Municipal- Market Size & Forecast 2019-2030, USD Million
By Region
-North
-South
-East
-West
Click here for a more detailed explanation: https://www.marknteladvisors.com/research-library/india-smart-water-metering-market.html
Major Key Players in India Smart Water Metering Market research report:
Itron Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Arad Group
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Tata Communications
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
Contact Us –
Call: 📞 +1 628 895 8081, +91 120 4278433
Email: 📧 sales@marknteladvisors.com
Visit to know more: 🌐 www.marknteladvisors.com