According to a new research report from IoT analyst firm Berg Insight, the installed base of water utility advanced metering infrastructure (AMI) endpoints in Europe and North America is set to double during the period 2021–2027.
At the end of 2021, the combined installed base of AMI endpoints in Europe and North America amounted to 49.6 million units. This number is expected to grow at an annual rate of 13.3 percent to reach 104.9 million in 2027. The total number of communicating utility water meters — including both AMI and advanced meter reading (AMR) — could at the same time grow from 145.7 million units in 2021 to 197.3 million units by 2027.
AMR includes metering points that require readings through drive-by or walk-by operations while AMI involves a fixed network communications infrastructure and supports true IoT connectivity.
“Although the Covid-19 pandemic has had a very negative impact on the smart water metering market in the last two years, it has nevertheless had an unexpected positive long-term effect by significantly amplifying the underlying demand for remote meter reading technologies”, said Levi Ostling, senior analyst at Berg Insight.
In terms of AMI connectivity, LoRaWAN and 3GPP-based LPWA technologies such as NB-IoT and LTE-M continue to be the fastest growing technology types for new water AMI deployments in Europe and North America. In Europe, Spain has emerged as the leading European adopter of 3GPP-based LPWA communications for water AMI with several major utilities in the country now launching large-scale rollouts based on NB-IoT.
Interest for 3GPP-based LPWA is also particularly strong in markets such as the UK and the Baltics while demand for LoRaWAN has so far been more widespread across the entire European region.
In North America, LTE-M currently constitutes the single fastest growing technology for new water AMI deployments while LoRaWAN has just started showing some growth after several years in the market.
At the end of 2021, the companies that had accumulated the largest installed bases of water AMI endpoints were as follows:
Top five in Europe:
- Diehl Metering
- Itron
- Birdz (Veolia)
- Sensus (Xylem)
- Kamstrup
Top five in North America:
- Sensus
- Badger Meter
- Itron
- Aclara (Hubbell)
- Neptune Technology Group
Top 10 in either region:
- Minol-ZENNER Group
- Honeywell
- Arad Group
- Mueller Systems
- Landis+Gyr
- Apator
- Maddalena
The SUEZ subsidiary SUEZ Smart Solutions also constitutes a key player in the European water AMI market by having been instrumental to the development and deployment of Wize technology.
