EnvironmentFrost Radar™ on the Global Smart Water Metering Market

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
02-May-2023
REGION
North America
Deliverable Type
Frost Radar
Research Code: PE5B-01-00-00-00
SKU: EN01384-NA-MT_27616
AvailableYesPDF Download

Frost Radar™ on the Global Smart Water Metering Market
Published on: 02-May-2023 | SKU: EN01384-NA-MT_27616

Need more details?
$4,950.00
DownloadLink
Need more details?

Water utilities across the globe are exploring new solutions to adapt to climate change, this has driven decision makers to implement water conservation policies which specifies the need to reduce leaks and holistically reduce Non-Revenue Water (NRW). Smart water meters are the tool of choice for water utilities to reduce leaks and NRWas it ensures billing accuracy and assists in monitoring consumption pattern. In addition, smart water metering system that includes a meter data management & analytics platform enables efficient customer service management, workflow management and resource management. Water utilities are transitioning from conventional metering to smart metering by leveraging IoT connectivity enables by LPWAN technologies such as LoRa, Wize, NB IoT, LTE-M, MiOTY etc.

The Smart water meter market is expected grow from $ 5.2 billion in 2023 to $7.3 billion in 2026. NA and Europe are the key hotspots for smart water metering whilst India, Brazil, SEA countries (Malaysia, Indonesia, Vietnam, and Philippines) and Australia are the key emerging hotspots. China is the single largest market for smart water meters in APAC but is mostly served by a large number of local/regional players.

Smart water metering systems solution providers are leveraging IoT Connectivity and data analytics platforms to expand their solutions portfolio to offer customer end to end NRW and water network management systems through collaboration and strategic partnerships.

The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes numerous companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.

In a field of 100+ global industry participants, Frost & Sullivan independently plotted the top 21 companies in this Frost Radar™ analysis. The Smart water metering solutions market Radar features 1) Apator, 2) Azbil Kimmon, 3) Arad Group, 4) Axioma, 5) Badger Meter, 6) Diehl, 7) Drop by Drop, 8) Honeywell Elster, 9) Itron, 10) Kamstrup, 11) Kritsnam, 12) Landis + Gyr, 13) Maddalena, 14) Mueller water products, 15) Neptune, 16) Nereus, 17) Ningbo Water Meter (NWM), 18) Suez - Smart metering services, 19) Nova Veolia (Birdz), 20) WEGoT, 21) Xylem-Sensus.

Global Smart Water Metering Market

  • Global Smart Water Metering Market

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

  • Market Share (previous 3 years)
    This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.
  • Revenue Growth (previous 3 years)
    This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.
  • Growth Pipeline
    This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.
  • Vision and Strategy
    This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision?
  • Sales and Marketing
    This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

  • INNOVATION SCALABILITY
    This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.
  • RESEARCH AND DEVELOPMENT
    This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.
  • PRODUCT PORTFOLIO
    This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.
  • MEGATRENDS LEVERAGE
    This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.
  • CUSTOMER ALIGNMENT
    This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

  • GROWTH POTENTIAL
    Your organization has significant future growth potential, which makes it a Company to Action.
  • BEST PRACTICES
    Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.
  • COMPETITIVE INTENSITY
    Your organization is one of the key drivers of competitive intensity in the growth environment.
  • CUSTOMER VALUE
    Your organization has demonstrated the ability to significantly enhance its customer value proposition.
  • PARTNER POTENTIAL
    Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

Water utilities across the globe are exploring new solutions to adapt to climate change, this has driven decision makers to implement water conservation policies which specifies the need to reduce leaks and holistically reduce Non-Revenue Water (NRW). Smart water meters are the tool of choice for water utilities to reduce leaks and NRWas it ensures billing accuracy and assists in monitoring consumption pattern. In addition, smart water metering system that includes a meter data management & analytics platform enables efficient customer service management, workflow management and resource management. Water utilities are transitioning from conventional metering to smart metering by leveraging IoT connectivity enables by LPWAN technologies such as LoRa, Wize, NB IoT, LTE-M, MiOTY etc. The Smart water meter market is expected grow from $ 5.2 billion in 2023 to $7.3 billion in 2026. NA and Europe are the key hotspots for smart water metering whilst India, Brazil, SEA countries (Malaysia, Indonesia, Vietnam, and Philippines) and Australia are the key emerging hotspots. China is the single largest market for smart water meters in APAC but is mostly served by a large number of local/regional players. Smart water metering systems solution providers are leveraging IoT Connectivity and data analytics platforms to expand their solutions portfolio to offer customer end to end NRW and water network management systems through collaboration and strategic partnerships. The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes numerous companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned. In a field of 100+ global industry participants, Frost & Sullivan independently plotted the top 21 companies in this Frost Radar™ analysis. The Smart water metering solutions market Radar features 1) Apator, 2) Azbil Kimmon, 3) Arad Group, 4) Axioma, 5) Badger Meter, 6) Diehl, 7) Drop by Drop, 8) Honeywell Elster, 9) Itron, 10) Kamstrup, 11) Kristnam, 12) Landis + Gyr, 13) Maddalena, 14) Mueller water products, 15) Neptune, 16) Nereus, 17) Ningbo Water Meter (NWM), 18) Suez - Smart metering services, 19) Nova Veolia (Birdz), 20) WEGoT, 21) Xylem-Sensus.
More Information
Deliverable Type Frost Radar
Author Paul Hudson
Industries Environment
No Index No
Is Prebook No
Keyword 1 Smart Water Meter Market
Keyword 2 Smart Water Metering market
Keyword 3 Smart Water Metering Systems
Podcast No
WIP Number PE5B-01-00-00-00

Frost Radar™ on the Global Smart Water Metering Market

$4,950.00
In stock
SKU
EN01384-NA-MT_27616
Copyright © 2025 Frost & Sullivan. All rights reserved.