Dublin, Oct. 22, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities in Smart Water Metering, India, Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The smart water metering market is forecast to increase at a CAGR of 18.9% to $180.2 million by 2030
The smart water metering value chain covers smart water meters, network solutions, meter data management (MDM) and customer information system (CIS) billing solutions, customer engagement portal (CEP) and data analytics solutions, and project management (consultants and system integrators).
Rapid urbanization is worsening the scarcity and stress on India's water resources, driving demand for smart water meters to ensure universal water coverage that is economical and environmentally sustainable. India is investing in developing water supply infrastructure to ensure universal coverage through policies and schemes, such as AMRUT 2.0.
The initiative involves providing universal water supply coverage to more than 500 Indian cities. Over the next 5 to 10 years, this scheme will extend to other remaining towns and cities as part of the country's goal to provide universal water supply to all urban populations. Water supply projects are being clubbed with water metering to ensure equitable water supply, cost recovery for services provided, accurate billing, and holistically reduce non-revenue water losses. NB-IoT and LoRaWAN-based LPWAN solutions are forecast to witness robust growth, given their extensive use for AMI-based smart water metering.
The analysis forecasts smart water meter unit shipments and the revenues associated with smart water metering solutions in India. The total revenue is derived by considering the unit price (typically offered to a utility by the solution provider) of hardware and software solutions involved in the smart water metering value chain. The report only covers smart water meters used for metering water consumption by domestic and non-domestic (commercial and industrial) end customers.
Growth Opportunity Universe
- Local Manufacturing of Smart Water Meters
- LPWAN for AMI-based Smart Water Metering
- Metering as a Service (MaaS)
Key Topics Covered:
Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top 3 Strategic Imperatives on the Indian Smart Water Metering Solutions Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
Ecosystem
- Value Chain of an AMI Smart Water Metering System
- Industry Segmentation
- Scope of Analysis
- Competitive Environment
- Distribution Channels
- Key Competitors in the Smart Metering Value Chain
- 6P Framework Shaping Smart Water Metering Industry Opportunities
- 6P Framework for Water Transition in India
- Key Policies Driving Smart Water Metering in India
- CPHEEO Standards for Smart Water Metering
- Primary Funding Sources for Smart Water Metering Projects in India
- Key Open/Public LPWAN Solution Providers and Coverage
Growth Opportunity Analysis
- Growth Metrics
- Growth Drivers
- Growth Restraints
- State GDP and GDP per capita in India
- State Population and Number of Households
- NRW and LPCD in 24 Major Indian Cities
- Spending Estimates on Smart Water Solutions
- Prominent Smart Water Metering Projects in India
- Forecast Considerations
- Revenue and Unit Shipment Forecast
- Forecast Analysis
- Revenue Forecast by Product Segment
- Forecast Analysis by Product Segment
- Companies to Action
For more information about this report visit https://www.researchandmarkets.com/r/9gcdzc
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
