TechNavio today launched its Global Smart Water Meters Market 2011“2015 report based on an in-depth study covering the Americas EMEA and APAC. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Clean Tech team said, The increase in regulations imposed by various governments across the globe is one of the significant factors that is driving the Global Smart Water Meters market. For instance, the water management action plan (waterMAP) in Victoria, Australia is a program that has been launched to monitor and control water consumption in a particular area. According to the program, all non-residential establishments in this locality that consume more than 10 million liters of water a year should develop a waterMAP to reduce their consumption.
According to the report, significant advancements in smart water meter technology is one of the major trends contributing to the growth of the Global Smart Water Meters market. Earlier, AMR technology was used for water meter technology, which enabled water utilities to collect data remotely from water meters by using wireless communication systems but not vice versa. However, further progress in smart water meter technology such as AMI, which enables communication from both ends, has led the majority of smart water meter vendors incorporating this latest technology.
The report also reveals that one of the major challenges in this market is the complexity of data management.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-smart-water-meters-market-2011-2015
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TechNavio Announces the Publication of its Report “ Global Smart Water Meters Market 2011“2015
