DUBLIN--(BUSINESS WIRE)--Oct 25, 2024--
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 MetersLPWAN for AMI-based Smart Water MeteringMetering 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 IndustryGrowth Opportunities Fuel the Growth Pipeline Engine
Ecosystem
Value Chain of an AMI Smart Water Metering SystemIndustry SegmentationScope of AnalysisCompetitive EnvironmentDistribution ChannelsKey Competitors in the Smart Metering Value Chain6P Framework Shaping Smart Water Metering Industry Opportunities6P Framework for Water Transition in IndiaKey Policies Driving Smart Water Metering in IndiaCPHEEO Standards for Smart Water MeteringPrimary Funding Sources for Smart Water Metering Projects in IndiaKey Open/Public LPWAN Solution Providers and Coverage
Growth Opportunity Analysis
Growth MetricsGrowth DriversGrowth RestraintsState GDP and GDP per capita in IndiaState Population and Number of HouseholdsNRW and LPCD in 24 Major Indian CitiesSpending Estimates on Smart Water SolutionsProminent Smart Water Metering Projects in IndiaForecast ConsiderationsRevenue and Unit Shipment ForecastForecast AnalysisRevenue Forecast by Product SegmentForecast Analysis by Product SegmentCompanies to Action
For more information about this report visit https://www.researchandmarkets.com/r/7v0035
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KEYWORD: INDIA ASIA PACIFIC
INDUSTRY KEYWORD: UTILITIES DATA ANALYTICS NATURAL RESOURCES ENERGY PROFESSIONAL SERVICES TECHNOLOGY OTHER NATURAL RESOURCES IOT (INTERNET OF THINGS)
SOURCE: Research and Markets
Copyright Business Wire 2024.
PUB: 10/25/2024 08:33 AM/DISC: 10/25/2024 08:33 AM
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