According to a new report Global Water Meter Market, published by KBV research, The Global Water Meter Market size is expected to reach $25,368.6 million by 2027, rising at a market growth of 4.2% CAGR during the forecast period.
The Standard Water Meter market dominated the Global Water Meter Market by Product Type in 2020, and would continue to be a dominant market till 2027; growing at a CAGR of 3.5 % during the forecast period. The Smart Water Meter market is poised to grow at the highest CAGR of 5.3% during (2021 - 2027).
The Offline market dominated the Global Water Meter Market by Distribution Channel 2020, growing at a CAGR of 3.4 % during the forecast period. The Online market is experiencing a CAGR of 5.7% during (2021 - 2027).
The Europe market dominated the Global Water Meter Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $8,794.4 million by 2027. The Asia Pacific market is exhibiting a CAGR of 4.3% during (2021 - 2027). Additionally, The North America market would register a CAGR of 4% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/water-meter-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Diehl Stiftung & Co. KG, Azbil Corporation, Badger Meter, Inc., Honeywell International, Inc. (Elster Group GmbH), Neptune Technology Group Inc. (Roper Technologies, Inc.), G. GIOANOLA Srl, Aichi Tokei Denki Co., Ltd., Apator SA, Arad Group, and Itron Inc.
By Product Type
By Distribution Channel
By End-User
By Geography
Companies Profiled