Smart IC card water meter is a new-type of water meter that uses modern microelectronics, sensing technology and smart IC card technology to measure water consumption, transmit data about water use and settle accounts. It is a huge progress, compared to traditional water meters whose functions only include collecting water flow and showing water use with mechanical pointer. In addition to water use records and electronic display, smart water meters can also control water use, automatically calculate water bills in differential water pricing system, and store water use data. Since the data transmission and settlement are conducted through IC cards, users may directly pay their bills in the office instead of meter readers going to users’ homes to read water meters and collect fees.
This report contains market size and forecasts of Smart IC Card Water Meters in global, including the following market information:
Global Smart IC Card Water Meters Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Smart IC Card Water Meters Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Smart IC Card Water Meters companies in 2021 (%)
The global Smart IC Card Water Meters market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Smart IC Card Hot Water Meters Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Smart IC Card Water Meters include HEXCELL, Wasion Group, SH-Meters, Jingcheng Meter, Baichuan Water Meter, Changde Water Meter, Jingda Electronic, Haineng Yibiao and Shunshui Water Meter, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart IC Card Water Meters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart IC Card Water Meters Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Smart IC Card Water Meters Market Segment Percentages, by Type, 2021 (%)
Smart IC Card Hot Water Meters
Smart IC Card Cold Water Meters
Global Smart IC Card Water Meters Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Smart IC Card Water Meters Market Segment Percentages, by Application, 2021 (%)
Shopping Mall
Family
Factory
Others
Global Smart IC Card Water Meters Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Smart IC Card Water Meters Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart IC Card Water Meters revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Smart IC Card Water Meters revenues share in global market, 2021 (%)
Key companies Smart IC Card Water Meters sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Smart IC Card Water Meters sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
HEXCELL
Wasion Group
SH-Meters
Jingcheng Meter
Baichuan Water Meter
Changde Water Meter
Jingda Electronic
Haineng Yibiao
Shunshui Water Meter
Beijing Shanchuanzhonghe
Hakimax Energy and Technology
Aijia Youpin
Yihui Water Meter
Huaxin Wantong
Beiquan Water Meter