The global Water Meter market was valued at 34.16 Million USD in 2021 and will grow with a CAGR of 7.69% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A water meter is a device that is used to measure the volume of water used by residential and commercial building that are supplied with water by a public water supply system. They can also be used at a well, water source or water system to determine the flow of water via a specific portion of the system.. Some water meters measure water in gallons while others measure in cubic feet.According to study, there are two types of Water Meter, including Smart Water Meter and Mechanical Water Meter. The Mechanical Water Meter segment is projected to account for the largest volume share during the forecast period, however, with the acceleration of China`s urbanization process and strengthened the comprehensive utilization of water resources by government, the smart water meter has entered a period of rapid replacement of mechanical water meters. In recent years, the production of smart water meters has been growing at a rate of around 15%, which will greatly meet market demand.

By Market Verdors:

Ningbo Water Meter

Shanchuan Group

Donghai Group

LianLi Water Meter

SUNTRONT Technology

Shenzhen Huaxu

Hunan Changde Water Meter Manufacture Co., Ltd.

Beijing Huiyi

Chongqing Smart Water Meter Group

Lianyungang Water Meter Co.,Ltd.

China Minsen Metet Co., Ltd

Integrated Electronic Systems Lab Co.,Ltd.

Sensus Metering

Hangzhou Jingda Electronic Co., Ltd.

Itron

By Types:

Mechanical Water Meter

Smart Water Meter

By Applications:

Residential Use

Commericial Use

Industrial Use

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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To understand the future outlook and prospects for the market.

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