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May 08, 2019: Global Water Meter Market is estimated to grow significantly in the forecast period owing to the global advancement of water infrastructure segment and efforts to decrease the quantity of non-revenue water.
Just like the electricity and gas meters, water meters record the quantity of water used.The monthly charges for water and sewerage services are calculated from the meter by using the meter reading.
Water meters are classified in four types namely, water meters, ice meters, moisture meters, and hygrometers (for air humidity).
In farming, gauging the irrigation water with the help of water meters is an accurate way for watering crops.
The obvious fact about draining water assets have raised issues concerning measures to reduce water utilization and wastage across globe, thereby impacting water meter market.Browse Complete Summary Click Here @ https://www.radiantinsights.com/research/global-water-meter-market-outlook-2017-2022 Governments of different economies in the world are taking initiatives for reducing wastage by highlighting and introducing different water meters to inspect the required water measure for various purposes, its wastage and techniques for preservation.
Owing to the growing infrastructure in developing areas and strong presence of numerous manufactures, Asia Pacific is predicted to lead water meter market.The key players in water meter market include ., Apator SA, Arad Group, Diehl Stiftung & Co. KG, Azbil Kimmon Co., Ltd., Badger Meter, Inc., Fedrel Meter, Elster Group GmbH, Neptune Technology Group Inc., G. Gioanola S.R.L., Aichi Tokei Denki Co., Ltd, Ningbo Water Meter Co. LtdB Meter, Maddalena Spa, Kamstrup A/S, Itron Inc., Master Meter, Inc., ZENNER International GmbH & Co. KG, Mueller Systems, LLC., Plata Meter Co., Ltd, Jiaxing Eastron Electronic Instruments Co., Ltd., and Sensus (Xylem Inc.).The global market for water meter will grow at a CAGR of 6.4% by 2022, according to a new report published by Gen Consulting Company.