India Smart Water Metering Market: Strategies for Sustaining 15% CAGR Forecast (2024-30)

Market Overview: India Smart Water Metering Market:According to the latest report from MarkNtel Advisors, the India Smart Water Metering Market is projected to grow at a CAGR of approximately 15% from 2024-30. MarkNtel Advisors, renowned for evaluating business performance, product portfolios, operational segments, and industry developments, provides stakeholders with accurate market projections and estimates. This commitment to precise insights ensures stakeholders can make informed decisions and remain competitive in the rapidly evolving business environment.India Smart Water Metering 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For years, India has been facing the challenge of water leakage & non-revenue water, driven by the prevalence of aged & outdated water infrastructures, mismanagement, etc.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.Download Free Sample of the Report: https://www.marknteladvisors.com/query/request-sample/india-smart-water-metering-market.htmlInsights into Dominant Segments in the India Smart Water Metering MarketThe comprehensive analysis of the India Smart Water Metering Market identifies profitable opportunities across various segments, categorized. This detailed segmentation allows potential investors to make informed decisions and optimize returns.-By Component

Meters & Accessories- Market Size & Forecast 2019-2030, USD MillionIT Solutions- Market Size & Forecast 2019-2030, USD MillionCommunications- Market Size & Forecast 2019-2030, USD Million

-By Meter Type

Electromagnetic Meters- Market Size & Forecast 2019-2030, USD MillionUltrasonic Meters- Market Size & Forecast 2019-2030, USD MillionSmart Mechanical Meters- Market Size & Forecast 2019-2030, USD Million

-By Technology

Automated Meter Reading (AMR) – Market Size & Forecast 2019-2030, USD MillionAdvanced Metering Infrastructure (AMI) – Market Size & Forecast 2019-2030, USD Million

-By End User

Residential- Market Size & Forecast 2019-2030, USD MillionCommercial- Market Size & Forecast 2019-2030, USD MillionIndustrial- Market Size & Forecast 2019-2030, USD MillionMunicipal- Market Size & Forecast 2019-2030, USD Million

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/india-smart-water-metering-market.htmlIndia Smart Water Metering Market Geographical Reach:The report also examines the market’s geographical landscape, analysing geographical that dominate in terms of size or volume or show promising future growth.-By Region

NorthSouthEastWest

Prominent India Smart Water Metering Market Competitive Landscape: and Their Strategic OutlookThe report identifies key players and provides an in-depth analysis of their business strategies, trends, innovations, and manufacturing infrastructure. This strategic analysis helps forecast the market presence of these players over the next five years.

Peltek IndiaSchneider ElectricABB LimitedHoneywell ElsterSiemens AGLandis GyrBadger Meter Inc.Itron Inc.Arad GroupTata CommunicationsOthers

Customization of Reports Available – https://www.marknteladvisors.com/query/request-customization/india-smart-water-metering-market.htmlKey Questions Addressed in the Report

Current Market Size and Share: What is the current size and share of the India Smart Water Metering Market, and what growth trends are anticipated shortly?Product/Service Demand: How does the demand for specific products/services in the India Smart Water Metering Market look, and what factors contribute to its growth or decline?Market Forecast: What is the forecast for the India Smart Water Metering Market in terms of size, growth, and emerging trends over the next few years?Market Evolution: How has the India Smart Water Metering Market evolved recently, and what are the latest developments that industry professionals should be aware of?Demand Factors: What key factors contribute to the demand for the India Smart Water Metering Market, as outlined in the most recent research report?

About UsMarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others.Media RepresentativeCompany Name: MarkNtel AdvisorsEmail: sales@marknteladvisors.comPhone: +1 628 895 8081, +91 120 4278433