Middle East and Africa Smart Water Meters Market – Growth & Forecast (2024 – 2032)

By product, the market is segmented into the smart hot-water meter and smart cold-water meter. Among them, Cold, smart water meter segment is projected to witness a growth of over XX% by 2024. These meters can be used up to temperature ranges of 300 C and find application across residential and commercial establishments. The ongoing increase in consumption coupled with the rapid expansion of cooling pipelines will further drive the product outlook. By the component, the market is segmented into communication devices, meter & accessories, software & solutions, and others. By end-users, the market is segmented into residential, commercial, and utility. Among them, the Residential segment is projected to hold the largest share in the market because of rising demand for accurate billing coupled with effective mapping of unregulated spending on water resources, the ability of intelligent metering systems to reduce non-revenue water and secure remote monitoring.

By Geography, Middle East is projected to hold for the largest share in the market and Africa is expected to grow at the fastest pace during the forecast period. In the Middle East & Africa, the growth of the smart water metering market can be attributed to focus on water monitoring & prevention of water leakage and the repair & upgrade of ageing water infrastructure. The factors that are propelling the Middle East & Africa smart water meter market include stringent regulations by the government, the rise in the evolution of smart

The Middle East & Africa Smart Water Meters Market Trends:

• The latest development to smart water meters is that many companies are working on IoT-enabled smart water meters which helps in reducing water loss and support water conservation.
• Many researchers are working on smart water meters’ market for integrating technology with water sources.

The Middle East & Africa Smart Water Meters Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major market players, such as

• ARAD Group
• DIEHL Metering Group.
• Honeywell Elster
• Kamstrup A/S.
• Zenner

Along with these companies, there were many other companies considered/cited in the report while analysing the Middle East & Africa smart water meter market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.