Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Technology (AMR, AMI), By Component (Meters and Accessories, Communication, IT Solutions), By Application (Commercial, Residential, Utility) And Competitive Landscape
Product Code: ETC077164 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa Water Meters Market is anticipated to gain growth during the coming years. With rapid economic and population growth resulting in higher energy demand, the need for energy management is substantial in the Africa & African region. Smart water-metering solutions include meters or modules, with communication capabilities embedded within the meter or attached to the meter. Due to the basic need to address increasing energy consumption, smart meters have witnessed an increase in their adoption. These meters can enable two-way communication between the meter and the central system employed by the utilities. This has resulted in several on-going projects turning to smart meters for enabling efficient management and utilization of gas, water, and electricity resources. The Africa & Africa- Saudi Arabia and the United Arab Emirates are expected to lead the regional market, owing to the improving economies and increasing incorporation of technology. The increasing per capita consumption of electricity is pushing the need for smart meters. However, the absence of clear governmental policy is decreasing investments in this sector. The region is also witnessing major international players entering the market through various partnerships or mergers and acquisitions to increase their global presence and gain a stronghold in burgeoning markets like Saudi Arabia.
According to 6Wresearch, Africa Water Meters Market is anticipated to gain growth during the forecast period 2021-27. The recent COVID-19 outbreak and lockdown restrictions across the region had impacted the overall rollout of smart meters in the region. The COVID-19 pandemic has halted several operations across the industries. As a result, the shipments and installations of smart meters also witnessed a downfall. The commercial infrastructure in smart metering includes hospitals, offices, schools, retailers, and restaurants, among others. The real benefit for the commercial users is that they can keep a closer eye on the volume used, therefore, lowering or streamlining the amount spent on a daily basis. Additionally, features, like real-time monitoring with analysis can offer the small business in the region with the ability to address any wastage. The water shortage in schools in South Africa has led to the high adoption of smart water meters. The growing infrastructure development in the region is further expected to drive the market for smart meters and attract market vendors to target a wide range of commercial customers. For instance, Steamaco rolled out huge number of meters in West Africa, from containerized solar mini-grids in Mali to dense shopping markets in northern Nigeria. Thousands of energy-intensive commercial units in Tehran, Iran, got equipped with smart electricity meters in the second phase of the National Smart Metering Program. Supportive government initiatives and regulations are vital factors to be considered in the rollout of smart meters in many markets. Increasing government support by the government in various nations, coupled with significant investments, is expected to boost the rollout of smart meters across the region.
With only a few domestic companies in the Africa & African region, the global companies with significant supplier/distribution channels and subsidiaries in the region constitute the competitive landscape of the Africa & African smart meters market. Domestic technology companies are involving in strategic partnerships with global smart meter companies, in order to benefit from the technical expertise and increase the domestic presence. This, in turn, is increasing the chances for more contracts from the regional government.
The Africa and African Water-meter market report thoroughly covers the market by fuel type, production technology, and countries including South Africa, Kenya, Nigeria and rest of Africa. The Africa and African Water-meter market outlook report provides an unbiased and detailed analysis of the on-going Water-meter market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Water Meters Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Water Meters Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Water Meters Market - Industry Life Cycle |
3.4 Africa Water Meters Market - Porter's Five Forces |
3.5 Africa Water Meters Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Water Meters Market Revenues & Volume Share, By Technology, 2020 & 2027F |
3.7 Africa Water Meters Market Revenues & Volume Share, By Component, 2020 & 2027F |
3.8 Africa Water Meters Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Africa Water Meters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Water Meters Market Trends |
6 Africa Water Meters Market, 2017 - 2027 |
6.1 Africa Water Meters Market, Revenues & Volume, By Technology, 2017 - 2027 |
6.2 Africa Water Meters Market, Revenues & Volume, By Component, 2017 - 2027 |
6.3 Africa Water Meters Market, Revenues & Volume, By Application, 2017 - 2027 |
7 South Africa Water Meters Market, 2017 - 2027 |
7.1 South Africa Water Meters Market, Revenues & Volume, By Technology, 2017 - 2027 |
7.2 South Africa Water Meters Market, Revenues & Volume, By Component, 2017 - 2027 |
7.3 South Africa Water Meters Market, Revenues & Volume, By Application, 2017 - 2027 |
8 Nigeria Water Meters Market, 2017 - 2027 |
8.1 Nigeria Water Meters Market, Revenues & Volume, By Technology, 2017 - 2027 |
8.2 Nigeria Water Meters Market, Revenues & Volume, By Component, 2017 - 2027 |
8.3 Nigeria Water Meters Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Kenya Water Meters Market, 2017 - 2027 |
9.1 Kenya Water Meters Market, Revenues & Volume, By Technology, 2017 - 2027 |
9.2 Kenya Water Meters Market, Revenues & Volume, By Component, 2017 - 2027 |
9.3 Kenya Water Meters Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Rest of Africa Water Meters Market, 2017 - 2027 |
10.1 Rest of Africa Water Meters Market, Revenues & Volume, By Technology, 2017 - 2027 |
10.2 Rest of Africa Water Meters Market, Revenues & Volume, By Component, 2017 - 2027 |
10.3 Rest of Africa Water Meters Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Africa Water Meters Market Key Performance Indicators |
12 Africa Water Meters Market - Opportunity Assessment |
12.1 Africa Water Meters Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Water Meters Market Opportunity Assessment, By Technology, 2020 & 2027F |
12.3 Africa Water Meters Market Opportunity Assessment, By Component, 2020 & 2027F |
12.4 Africa Water Meters Market Opportunity Assessment, By Application, 2020 & 2027F |
13 Africa Water Meters Market - Competitive Landscape |
13.1 Africa Water Meters Market Revenue Share, By Companies, 2020 |
13.2 Africa Water Meters Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |