Ultrasonic water meters are the type of water meters that are used to measure the water use with the help of ultrasonic transducers. Such water meters send ultrasonic waves through the fluid to determine the velocity of water. Rising awareness of the advantages of ultrasonic water meters over traditional water meters is driving the market for ultrasonic water meters.
Reduction in production cost of ultrasonic water meters is also one of the major driver for the growth of this market in coming years, however broad range of available flow meters in the market can act as a restraining factor in the market. Growing use of ultrasonic water meters in other applications such as gas measurement and others, will create new opportunities in the market.
The "Global Ultrasonic Water Meter Market Analysis to 2027" is a specialized and in-depth study of the ultrasonic water meter industry with a focus on the global market trend. The report aims to provide an overview of global ultrasonic water meter market with detailed market segmentation by type, end-user vertical and geography. The global ultrasonic water meter market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global ultrasonic water meter market based on type and end-user vertical. It also provides market size and forecast till 2027 for overall ultrasonic water meter market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key ultrasonic water meter market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are SpireMT, Danfoss, Itron, Landisgyr, KROHNE, Emerson Electric Co., Master Meter Inc., Honeywell International (VersaFlow), Yokogawa Electric Corporation and FLEXIM.