Water Meter Market Overview:
According to a new report published by Maximize Market Research titled Water Meter Market by Intelligent Virtual Assistant, End User, Distribution Channel, Price, and Geography: Industry Analysis and Forecast (2021-2027).
Research assists decision makers in devising strategies and plans for their regions by analysing trends in the market, the industry environment, dominant characteristics of the market, and their short- and long-term ramifications.
The impact of COVID-19 lock-down on the income of industry leaders, followers, and disruptors is examined in the paper. Due to the fact that lockdown was applied differently in different locations and countries, the impact varies by region and segment. The present short and long term impact on the market has been covered in the research, which will assist decision makers in preparing the framework for short and long term strategies for enterprises by region.
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Water Meter Market Dynamics:
The water metre industry is predicted to grow rapidly over the forecast period due to growing water demand. Water demand rises in lockstep with the world's population. Water absorption refers to the amount of water used that is not returned back to the source. Water metres have an impact on water use since they charge customers based on how much water they use. They also make it easier to locate leaks in water pipelines, resulting in less water waste. According to a Nature partner publication, global water usage is expected to rise by 20-30% by 2050, meaning that people are still exploiting groundwater despite knowing when it would run out. As a result, increased water use will drive the water metre market ahead.
Companies are developing IoT-enabled water metres, which is a critical development in the water metre sector that is gaining pace. The Internet of Things (IoT) is a network of interconnected devices that communicate over the internet and collect and transmit data via a wireless network without the need for human involvement. The IoT-enabled water metre informs the client of the exact amount of water consumed and enables two-way data access between the provider and the consumer.
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Water Meter Market Segmentation:
Based on the Product Type, the global Water Meter market is sub-segmented into Mechanical Water Meter and Smart Water Meter. The Mechanical Water Meter segment held the largest market share in 2020. A mechanical water meter measures the speed at which water flows through a pipe, causing a piston or turbine to rotate. For billing purposes, this device keeps track of the amount of water utilised in the domestic hook-up. However, the smart water meter is expected to grow at the highest CAGR of 10.3% in the global water meter market during the forecast period. The wireless communication of a smart water meter with a wide area network allows for remote location monitoring and leak detection, resulting in reduced water waste. Water meters are used in a variety of settings, including residential, commercial, and industrial.
Water Meter Market Key Players:
- Diehl Stiftung & Co. KG
- Azbil Kimmon Co., Ltd.
- Badger Meter, Inc.
- Elster Group GmbH
- Neptune Technology Group Inc.
- Gioanola S.R.L.
- Aichi Tokei Denki Co., Ltd
- Apator SA
- Arad Group
- Fedrel Meter
- B Meter
- Itron Inc.
- Master Meter, Inc.
- Maddalena Spa
- Kamstrup A/S
- Sensus (Xylem Inc.)
- ZENNER International GmbH & Co. KG
- Mueller Systems, LLC.
- Plata Meter Co., Ltd
- NINGBO WATER METER CO.,LTD.
- Jiaxing Eastron Electronic Instruments Co., Ltd.
COVID-19 Impact Analysis on Water Meter Market:
Consumer and demand movements, purchasing behaviour, supply chain transformations, and current market power dynamics are examined in the report. The impact of COVID-19 on the Water Meter market, as well as insights, analyses, estimates, and predictions, are discussed in this updated report. In this report, we examine the impact of COVID-19 lockout on market leaders, followers, and disruptors. Based on the way the lockdown was implemented, the impact varies by location and region.
Water Meter Market, Key Highlights:
- The report provides analysis and projection of the Water Meter market in terms of value.
- Market drivers, constraints, and opportunities driving the growth of the Water Meter Market are all examined in depth.
- The Water Meter Market has been segmented based on Intelligent Virtual Assistant, End User, Distribution Channel, Price, and geography (country-wise).
- This report analyses the Water Meter Market with respect to individual growth trends, future prospects, as well as the contribution of various submarket stakeholders.
- Analysis and forecasts for the Water Meter market for five key regions: North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America, as well as country-level segmentation.
- A profile of key industry participants and an analysis of core competencies are included, in addition to strategic perspectives, market positioning, and analyses of core competencies.
- The top companies active in the Water Meter Market are profiled in terms of their competitive advancements, investments, strategic growth, and competitive landscape.
About Maximize Market Research:
Maximize Market Research, an industry research firm with a dedicated team of specialists and data, has conducted comprehensive research on the Water Meter market. Maximize Market Research provides B2B and B2C research on 6,500 high-growth, emerging technologies for the chemical, healthcare, pharmaceutical, electronics, Internet of Things, food and beverage, aerospace, and defence industries. Maximize Market Research analyses the competitive landscape of sectors in addition to evaluating and estimating market size.
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Global Flue Gas Desulfurization Market is expected to reach USD 23.69 billion by 2020.
Across the world, over 75% of electricity is being produced from thermal power plant, however coal contains Sulphur in the range of 0.3% to 1% that varies depending upon origin of location.
Sulphur present in the coal after reaction forms Sulphur dioxide (SO2) that is toxic to the atmosphere.
To save environment form such toxins, various countries like European and the U.S. countries have strict policy regarding the discharge of Sulphur dioxide that should be less than 0.05%.
Therefore, power plants are installing Flue Gas Desulfurization (FGD) plant or unit mainly to lower the Sulphur dioxide in environment.The Market is estimated to grow at a significant CAGR of 6.0% over the future period as the scope and its applications are rising enormously across the globe.
Rising use of coal for electricity generation all over the world, presence of several air pollution control rules, and growing awareness regarding environment safety are documented as major factors of Flue Gas Desulfurization Market that are estimated to enhance the growth in the years to come.
The 5G enterprise market size is predicted to reach USD 31.4 billion by 2027 according to a new study by Polaris Market Research.
The report “5G Enterprise Market Share, Size, Trends, Industry Analysis Report, By Access Equipment Type (Radio Node, service Node, DAS); By Core Network Technology (SDN, NFV); By Service(Platform and Software); By Organization Size(SMEs, Large Enterprises); By End User (BFSI, Media and Entertainment, Retail and Ecommerce, Healthcare and Life Sciences, Government and Defense, Transportation and Logistics, Manufacturing, Agriculture, IT and Telecommunications, Others); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
5G is the latest model of the cellular mobile communications with updated and latest technology is very speedy and when combining with new innovative technologies such as Internet of things and smart manufacturing capabilities are going to generate a whole exquisite experience for the customer.
They will establish new connectivity, which will assist the businesses to widen their capabilities.
Recent developments in the market include X50 (baseband), X55 (baseband), X60 (baseband), Snapdragon 765 and 765G, Snapdragon Serie 6, Exynos 5100, Dimensity 1000L SoC / MT6885 based on Helio M70 and Makalu Ivy510.
These instruments offer new and advanced technological features and supports 5G NR radio interference.Get Sample PDF @ https://www.polarismarketresearch.com/industry-analysis/5g-enterprise-market/request-for-sample The prominent factors favoring the global market growth include rising demand of smartphones with advanced features and increasing demand for single network to allow several industries coupling with increasing new developments.
FEB 27, 2020: The global Machine Learning market size is expected to reach USD 96.7 billion by 2025, according to a new report by Radiant Insights, Inc.
In case of businesses, the use of ML models that are open source and have a standards-based structure has increased in recent years.
These models can be easily deployed in various business programs and can help companies bridge the skills gap between IT programmers and information scientists.
Developments such as fine-tuned personalization, hyper-targeting, searching engine optimization, no-code environment, self-learning bots, and others are projected to change the machine learning landscape.
The development of capsule network has replaced neural networks in order to provide more accuracy in pattern detection, with fewer errors.
These advanced developments are anticipated to proliferate market growth in the foreseeable future.Further key findings from the report suggest:The emergence of connected AI is expected to enable ML algorithms to learn continuously based on newly available information.
