India Smart Water Metering Market Breakdown By Size, Share, Growth, Trends, and Industry Analysis, Envisions 15% CAGR Su

India Smart Water Metering Market Size, Share, Trends, Analysis Future and forecast 2024-30

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Let’s Run Through the India Smart Water Metering Market Insights to Have a Clear View

The India Smart Water Metering Market is estimated to grow at a CAGR of around 15% during the forecast period, i.e., 2024-30.

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Examining the Top Competitors of the India Smart Water Metering Market Size:

In this section, we will explore the India Smart Water Metering Market from a competitive perspective, providing information on company profiles, financials, resources, key initiatives, R&D investments, strengths, weaknesses, and more. Leading companies in the market often form partnerships & collaborations to engage in joint venture programs, facilitating efficient resource sharing & goal achievement. Now, let's delve into the details & acquaint ourselves with these market players.

Peltek India
Schneider Electric
ABB Limited
Honeywell Elster
Siemens AG
Landis Gyr
Badger Meter Inc
Itron Inc.
Arad Group
Tata Communications
Others

A Comprehensive Overview of Geographical Diversity:

the India Smart Water Metering Market expands across:

North
South
East
West

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Market Driver: Growing Need for Reducing Non-Revenue Water

For years, India has been facing the challenge of water leakage & non-revenue water, driven by the prevalence of aged & outdated water infrastructures, mismanagement, etc. According to the World Bank 2020, the average NRW (Non-Revenue Water) in India is about 38%, i.e., more than the global average NRW. The adoption of digital & advanced solutions like smart water metering has proven to be effective in reducing NRW & water losses, improving billing efficiency, increasing water conservation, and resource optimization, resulting in enhanced income generation for water utilities.

Additionally, the launch of various government initiatives such as the Smart Cities Mission. Atal Bhujal Yojana (ABHY), etc., has also pushed the demand for smart water metering solutions. In 2019, Pune Municipal Corporation (PMC) invested over 275,000 Sensus iPERL smart water meters to monitor, measure & manage activity across its network. It is the first city to implement a program aligned with the country’s Smart City Mission, thereby contributing to the growth of the Smart Water Metering Market in India.

India Smart Water Metering Market Segmentation Outline:

By Component (Meters & Accessories, IT Solutions, Communications)
By Meter Type (Electromagnetic Meters, Ultrasonic Meters, Smart Mechanical Meters)
By Technology (Automated Meter Reading (AMR), Advanced Metering Infrastructure (AMI))
By End User (Residential, Commercial, Industrial, Municipal) and Others

Key Questions Addressed in the India Smart Water Metering Market Research Report:

What is the estimated size, share, & CAGR of the India Smart Water Metering Market in the forecast period?
What are the key trends projected to impact the India Smart Water Metering Market during 2024-30?
What are the different segments & sub-segments considered in the India Smart Water Metering Market research study?
Who are the key stakeholders and players participating in the India Smart Water Metering Market?
What would be the demand for different types of products/services in the India Smart Water Metering Market through 2030?

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Note: The India Smart Water Metering Market can further be customized with multi-dimensional, deep-level, & high-quality insights as per the specific requirements of clients to help them garner the industry's prospects, effortlessly encounter market challenges, adequately formulate different strategies, and make sound decisions to remain competitive in the market.

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