Market Research Report
North America Smart Water Meter Market Forecast 2020-2028
|Published by||Inkwood Research||Product code||557004|
|Published||Content info||89 Pages
Delivery time: 2-3 business days
|North America Smart Water Meter Market Forecast 2020-2028|
|Published: December 13, 2019||Content info: 89 Pages||
The smart water meter market of North America is projected to grow at a CAGR of 7.40% in terms of volume during the estimated period. In terms of revenue, the market region is estimated to register a CAGR of 6.34%. The development of smart cities in the region, the rapid development of smart water infrastructures in the region, and strict government regulations, are boosting the growth of the smart water meter market of North America.
The North American market region for smart water meter is segregated into the regions of the US and Canada for further analysis. Various water regulatory and utility authorities are encouraging the adoption of smart technology solutions for the smooth running of their operations in the North American region. AMI and AMR water meters integrated with ICT are being adopted by utilities for better management of assets and distribution network. Many utilities in North America have shown a keen interest in environmental awareness and rational utilization of resources. Several measures like mandatory water restrictions and deployment of smart water meters to help conserve water, are being undertaken due to severe drought in several states of the US.
Aclara Technologies LLC (Aclara), Itron, Inc., Datamatic, Inc.,Master Meter Inc., Mueller Water Products, Inc., etc. are some of the eminent companies in the market.