PUBLISHER: Inkwood Research | PRODUCT CODE: 1096647
PUBLISHER: Inkwood Research | PRODUCT CODE: 1096647
The North America smart water meter market is projected to record a CAGR of 7.90% during the forecast period, 2022-2030. 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 market demands.
The North America smart water meter market growth evaluation includes the assessment of the United States and Canada. 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 networks. 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 the 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.