New Report Hints at Demand Increase for Smart Water Meters

A new report, ?Water Meters: Global Market and Forecast 2013 ? 2018? from energy and utility industry specialists, StatPlan Energy, highlights strong prospects for smart water meters. The report forecasts a five year, 48 percent increase in annual demand for smart water meters by value by 2018.

StatPlan Energy estimates the 2014 global water meter market will be worth $2.62 billion. By 2018, it will have increased by 13.2 percent to just over $3 billion. Smart meters will gradually take share of the total market by value, increasing from 13 to 18 percent over that time and by 2018, the installed base of smart water meters will be between $120 and $130 million.

?The smart meter revolution is slower to develop than many expected but we support the increasing view from market participants that there is now sufficient traction at a global level to build business activities around the trend,? said StatPlan Director Euan Blauvelt.

?As issues of water scarcity and continuity of supply become more acute, and demands on water supplies from agriculture, industry and residential become increasingly unsustainable in many parts of the world, intelligent metering at all levels of the water distribution system has to be part of the solution.?

The country-by-country analysis in the report covers approximately 93 percent of the global market for water meters. Regional and global analyses take account of smaller markets as well. The report provides data on residential meters (individually identifying billing, prepayment, sub meters and smart meters), meters for apartments and small commercial buildings, meters for ICI (Industrial, Commercial, Institutional), Bulk Transfer/Custody Transfer meters and network management (non-custodial) meters. The report presents the analysis in unit terms, dollar value terms and ASPs.
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StatPlan Energy has identified six key drivers in the gas meter market, all of which contribute to the forecasts produced, short- and long-term. New technology introductions (smart metering and smart grids) and regulatory and government action have the major impact, but StatPlan considers other key variables which, especially in the long term, have a fundamental impact on future demand.

These include demographic trends (population change and household growth), increased gasification (number of end points) and the replacement cycle (which can only be calculated accurately if both the installed base and the history of installation are understood). StatPlan Energy has developed 19 key databases, rigorously researched and constantly updated, that provide forecasts with the most robust foundations.
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Details of how to purchase ?Water Meters: Global Market and Forecast 2013 ? 2018? can be found at www.statplanenergy.com. The report provides detailed assessment of the future of the water meter industry with short-term forecasts to 2018 (by value, units and unit type) and an indication of long-term global trends to 2050. There are 29 country profiles covering water supply, utility background, legislation and other relevant issues with forecasts and options for adding databases to the order. The sister Electricity Meter and Gas Meter reports are already available.

StatPlan Energy is a market research and publishing company specializing in the energy and utility industry and associated industries around the world. It publishes a range of reports, forecasts and databases and offers ad hoc consultancy for the electricity and utility sectors. Clients include many of the world?s leading management consultancies, investment institutions and manufacturers.
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