Market Share of Smart Water Meter Industry
The smart water meter market is highly fragmented, with the presence of major players like Watertech S.P.A (Arad Group), Mom Zrt, Apator SA, Arad Group, and Axioma Metering. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- March 2023, German water utility ThüWa ThüringenWasser announced a strategic collaboration with Diehl Metering to install new water meters and leveraged Diehl Metering's LPWAN mioty technology. ThüWa now benefits from secure data, precise measurement techniques, and digitized processes that increase efficiency and cost-effectiveness.
- March 2023 - Itron Inc. signed an agreement with PT. Megalopolis Manunggal Industrial Development (PT. MMID) to improve data collection and operational efficiencies in MM2100 Industrial Town. As a part of the contract, PT MMID will deploy Temetra, Itron's next-generation meter data collection and management solution. The solution will allow PT. MMID to collect frequent and accurate water meter usage data through a unified platform, minimizing billing errors and driving innovation and conservation that aligns with Indonesia's roadmap to enter the Industry 4.0 era.
Smart Water Meter Market Leaders
WaterTech S.p.A (Arad Group)
MOM Zrt
Apator SA
Arad Group
Axioma Metering
*Disclaimer: Major Players sorted in no particular order