Targeted Strategies Key to Weathering Sluggish APAC Water Meter Market

Published: 8 Jan 2018

The Asia-Pacific (APAC) water meter market is at an important crossroads.  The market has seen a fall in unit prices and meter replacement rates in recent years due to improvements in meter manufacturing and maintenance processes. However, negative pricing trends have failed to elicit a commensurate increase in metering adoption by utilities in the region. The limited greenfield opportunities and falling replacement revenues have resulted in a sluggish market that is expected to see a modest compound annual growth rate (CAGR) of 3.5% between 2016 and 2022.

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