Europe Smart Water Metering Market Forecast 2017-2025
KEY FINDINGS The Europe smart water metering market is predicted to be a market leader by the end of the forecast period of 2017-2025, by rising at the highest CAGR of 8.15% and generating $2960 million. MARKET INSIGHTS The utilities are increasingly becoming proactive on account of the real-time monitoring of the water distribution networks in European nations like France, Germany, and the UK. These countries are also leading in terms of adopting smart water meters in order to address water management issues. However, a lack of in-depth knowledge regarding this technology is a major restraint for the market growth. COMPETITIVE INSIGHTS Elster Gmbh, Schneider Electric Se, Badger Meter Inc, Siemens Ag, Honeywell International Inc and Itron Inc are some of the well-known market players in this region.