Market by Technology, End-user, and Country Outlook | Forecast 2022-2028
As per Triton’s report, the
smart water meter market in Latin America is estimated to grow with an 8.64% of CAGR over the projected years
between 2022 and 2028.
Report scope can be customized per your requirements. Request For Customization
The countries assessed in this region include:
• Brazil
• Mexico
• Rest of Latin America
In Latin America, Brazil accounts for the
largest share of the studied market. The smart water metering projects in the region
have been sporadic; but, with a scarcity of funds and the fallout resulting
from the pandemic, their expansion has been restrained. However, retail
channels are emerging as an opportunistic prospect for vendors as customers
look for advanced metering solutions to optimize their water resources and cut
back on-premises leaks or other losses.
The energy conservation goal of smart infrastructure is anticipated to
drive the expansion of the market in Latin America. In this regard, the
wide-scale rollout of smart meters has started, with the deployment of
approximately 3 million smart water meters by 2025. In May 2021, Sabesp, one of
the world’s biggest water and sewerage service suppliers, successfully
completed installing 100,000 smart water meters using IoT. This project, which
is one of the biggest in the region, introduces water consumption tele measurement
to the customers in São Paulo metropolitan region.
With varied economic activities and a rising population, Mexicans of the
northwest, semi-arid & arid north & central regions use an average of
75 gallons of water a day, which is higher than that of US residents. To tackle
this situation, the utility department of Mexico has introduced smart water
meters to measure water consumption and check the consumption patterns of
customers. This is expected to drive the growth of the studied market in the
coming years.
The industrial use of smart water meters includes their use in
manufacturing plants or facilities and warehouses. Water in the industrial
sector is largely used for purposes such as diluting, washing, fabricating,
processing, transporting a product, and cooling. Although the industrial sector
consumes a high amount of water, it is working towards reducing its
consumption. Most smart factories are incorporating SWMs as a key strategic
approach to enhance efficiency and reduce water consumption. As a consequence,
the investment in smart factories is expected to boost the usage of smart water
meters, thereby propelling the market growth in the coming years.
The report assesses the market as per end-user
and technology. Here, the
end-user segment comprises commercial & industrial and residential.
The prime contenders in the smart water meter
market include Mueller Water Products Inc, Diehl Stiftung & Co KG,
Datamatic Inc, Badger Meter Inc, Neptune Technology Group Inc, Kamstrup AS,
Landis+Gyr AG, and Aclara Technologies LLC (acquired by Hubbell Incorporated).
Badger Meter Inc is engaged in innovating, manufacturing, and marketing
flow measurement and control products. It offers mechanical & electronic
(static) water meters, flow instrumentation products, and related technologies.
The company markets its products under the brands Vision, BEACON, Research
Control, E-Series, E-Series, Blancett, Hedland, and Dynasonics. The company’s
products are deployed across various applications across multiple sectors, including
water & gas utilities, wastewater treatment, water distribution
municipalities, irrigation, oil & gas, automotive, and aviation. Badger
Meter has business operations in Mexico, among other nations.
Key deliverables of the report:
● Market CAGR during the forecasting years 2022-2028
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the smart water meter market revenue growth in Latin America and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model
● A wide-ranging study of factors that will challenge the LA smart
water meter market’s growth during the upcoming years
Want to get specific insights? Our team of analysts can customize this
report based on your preferences. Connect with us here.
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1. LATIN
AMERICA SMART WATER METER MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE SMART WATER METER MARKET
2.2. PARENT
MARKET ANALYSIS: SMART METER MARKET
2.3. KEY
INSIGHTS
2.3.1. SHRINKING
WATER RESOURCES ACROSS THE WORLD
2.3.2. INCREASING
FOCUS ON ACCOUNTABILITY OF NON-REVENUE WATER (NRW)
2.3.3. ADVANCED
METERING INFRASTRUCTURE (AMI) ANTICIPATED TO PROJECT THE HIGHEST CAGR
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTES
2.4.3. BARGAINING
POWER OF BUYERS
2.4.4. BARGAINING
POWER OF SUPPLIERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. KEY
STRATEGIC DEVELOPMENTS
2.8.1. MERGERS
& ACQUISITIONS
2.8.2. PRODUCT
LAUNCHES & DEVELOPMENTS
2.8.3. PARTNERSHIPS
& AGREEMENTS
2.9. MARKET
DRIVERS
2.9.1. RISING
DEMAND FOR SUSTAINABLE WATER SUPPLY ACROSS VARIOUS INDUSTRIES
2.9.2. BENEFITS
OFFERED BY SMART WATER METERS
2.10. MARKET
CHALLENGES
2.10.1. LIMITED
BUDGETS ALLOCATION FOR SMART SYSTEMS
2.10.2. HIGHER
COST OF SMART WATER METER INSTALLATION
2.10.3. OPERATIONAL
ISSUES
2.11. MARKET
OPPORTUNITIES
2.11.1. EVOLVING
SUSTAINABLE WATER MANAGEMENT SYSTEMS
2.11.2. SMART
CITY PROJECTS IN THE PIPELINE ACROSS THE WORLD
3. LATIN
AMERICA SMART WATER METER MARKET OUTLOOK – BY TECHNOLOGY
3.1. AUTOMATIC
METER READING (AMR)
3.2. ADVANCED
METERING INFRASTRUCTURE (AMI)
4. LATIN
AMERICA SMART WATER METER MARKET OUTLOOK – BY END-USER
4.1. RESIDENTIAL
4.2. COMMERCIAL
& INDUSTRIAL
5. LATIN
AMERICA SMART WATER METER MARKET – COUNTRY OUTLOOK
5.1. BRAZIL
5.2. MEXICO
5.3. REST
OF LATIN AMERICA
6. COMPETITIVE
LANDSCAPE
6.1. ACLARA
TECHNOLOGIES LLC (ACQUIRED BY HUBBELL INCORPORATED)
6.2. ARAD
GROUP
6.3. BADGER
METER INC
6.4. DATAMATIC
INC
6.5. DIEHL
STIFTUNG & CO KG
6.6. MASTER
METER INC (ACQUIRED BY ARAD LTD)
6.7. MUELLER
WATER PRODUCTS INC
6.8. NEPTUNE
TECHNOLOGY GROUP INC
6.9. SENSUS
(ACQUIRED BY XYLEM)
6.10. ZENNER
INTERNATIONAL GMBH & CO KG
6.11. ELSTER
GROUP GMBH
6.12. ICSA
(INDIA) LIMITED
6.13. ITRON
INC
6.14. KAMSTRUP
AS
6.15. LANDIS+GYR
AG
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA SMART
WATER METER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF MERGERS &
ACQUISITIONS
TABLE 4: LIST OF PRODUCT
LAUNCHES & DEVELOPMENTS
TABLE 5: LIST OF PARTNERSHIPS
& AGREEMENTS
TABLE 6: 10 COUNTRIES WITH THE
HIGHEST % OF THE POPULATION LACKING BASIC ACCESS TO WATER, 2019
TABLE 7: NUMBER OF PEOPLE NOT
HAVING ACCESS TO SAFE WATER IN TOP 10 COUNTRIES, 2017
TABLE 8: LATIN AMERICA SMART
WATER METER MARKET, BY TECHNOLOGY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 9: VARIOUS ADVANTAGES OF
AMR SYSTEMS
TABLE 10: LATIN AMERICA SMART
WATER METER MARKET, BY END-USER OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA SMART
WATER METER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: PROCESS FLOW OF
SMART WATER METERS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
– SMART METERS
FIGURE 4: TYPES OF SMART METERS
FIGURE 5: LATIN AMERICA SMART
WATER METER MARKET, TECHNOLOGY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 6: LATIN AMERICA SMART
WATER METER MARKET, BY AUTOMATIC METER READING (AMR), 2022-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA SMART
WATER METER MARKET, BY ADVANCED METERING INFRASTRUCTURE (AMI), 2022-2028 (IN $
MILLION)
FIGURE 8: LATIN AMERICA SMART
WATER METER MARKET, END-USER OUTLOOK, 2021 & 2028 (IN %)
FIGURE 9: LATIN AMERICA SMART
WATER METER MARKET, BY RESIDENTIAL, 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA SMART
WATER METER MARKET, BY COMMERCIAL & INDUSTRIAL, 2022-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA SMART
WATER METER MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 12: BRAZIL SMART WATER
METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 13: MEXICO SMART WATER
METER MARKET 2022-2028 (IN $ MILLION)
FIGURE 14: REST OF LATIN
AMERICA SMART WATER METER MARKET 2022-2028 (IN $ MILLION)