North America accounts for over $350 million in advanced water meter shipments

The advanced water metering market, estimated at about 5.5 million global shipments in 2010, and anticipated to be roughly 10 million shipments annually in 2016, continues to increase its product share, particularly in North America.

These findings come from IMS Research’s recently published The World Market for Water Meters – 2011. Global advanced water meter shipments accounted for over $500 million in revenue in 2010, with over 70% of this seen in the North American market.

According to Nicole Juarez, the author of the report, “North America already has a high penetration of advanced metering. While one-way meters continue to have higher unit shipments than two-way meters currently, in North America, higher growth is forecast for two-way meters over the next five years. The price of two-way meters are gradually becoming comparable to traditional mobile read meters, and when reviewed against possible labour cost savings; utilities are increasingly realizing that purchasing two-way meters (even ahead of fixed network infrastructure) is currently justifiable. These meters will likely be used initially in a direct or mobile read solution, until sufficient installed base exists within a manageable metering family to upgrade to a fixed network.”

The majority of advanced water meter growth is being driven by North America, with the highest estimated advanced water meter shipments in 2010, accounting for over 55% of this region’s total annual water meter shipments. Specifically, two-way meters are forecast to have significant growth in North America, increasing from a small fraction of the market in 2010, to an anticipated third of the overall market in 2016. This is by far the highest percentage of two-way meters of any region currently, and forecast.

It should be noted, however, that globally, advanced water meter shipments remain a small percentage of total water meter shipments. This is because the largest water meter market, Asia, predominantly consists of basic water meters. Of global water meter unit shipments in 2010, 6% were advanced water meters, estimated to grow to over 8% by 2016.

RECENT ARTICLES

Ericsson, Thales launches IoT accelerator device connect with eSIMs for enterprises

Posted on: December 2, 2022

Ericsson’s Internet of Things (IoT) business, in partnership with Thales, launches IoT Accelerator Device Connect, a service offering generic eSIMs unbundled from pre-selected Service Providers. For the first time, enterprises have the flexibility to select one or more Service Providers easily and instantly at the time of device activation. This new business model dramatically accelerates

Read more

Airtel Business wins IoT solution mandate for Smart Meters from TPWODL

Posted on: December 2, 2022

Burla, Odisha, 29 November 2022 – Bharti Airtel (Airtel), India’s communications solutions provider has announced that it has won a cellular IoT solution mandate with TP Western Odisha Distribution Limited, (TPWODL), a Joint venture between Government of Odisha and Tata Power. The mandate will see Airtel power 200,000 Smart Meters with IoT solution, of which 70,000

Read more
FEATURED IoT STORIES

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption, is leading the charge to dominate the next decade’s discussion around business IT. Below, we’ll discuss the current boom, what’s driving it, where it’s going,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more