Badger Meter, Inc. acquired Analytical Technology, Inc. for USD 44 million. This acquisition will give Badger Meter a completely comprehensive, robust, and scalable water quality monitoring service which provides on demand real-time data to commercial users and municipal water utilities.
Landis+Gyr acquired a Turkey-based supplier of smart meters for electricity, water, and heat as well as related software solutions, Luna Elektrik Elektronik Sanayi ve Ticaret A.Åž., an Izmir. Landis+Gyr will be able to broaden its reach and provide even greater service to its customers due to Luna's selection of hardware and software, which completes its portfolio.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5090
Published Date: Jul 15, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Need for smart water metering to optimize water consumption and government initiatives are the major factors driving the market growth.
The market is anticipated to attain a CAGR of 10.96% over the forecast period, i.e., 2023-2033.
The major players in the market are Neptune Technology Group, Kamstrup, Honeywell International Inc., Badger Meter, Inc, Landis+Gyr, Sensus, Taggle Systems Pty Ltd, Itron, wasion group, EWS Australia and others.
The ultrasonic meter smart water metering segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.