Data Acquisition

Smart Water Meter Market Growth in Latin America

15 September 2014

One of the largest installations of communicating water meters in Latin America to date is now set to occur in Uruguay. The national water utility, Obras Sanitarias del Estado (OSE), recently awarded a contract to smart water meter supplier ARAD for 45,000 communicating positive displacement water meters.

A review of the global smart water meter market, as well as the advancements in smart water in Latin America, is needed to put this contract in perspective, says Michael Markides, manager of IHS Technology’s Smart Utilities Infrastructure Research Group. Globally, IHS estimates that 12 million water meter endpoints were automated in 2013, mostly via the installation of a new meter and communications module.

Latin America is by far the smallest major region in the world in the adoption of smart water technologies, says Markides. In fact, the whole of Latin America (including Mexico) in 2013 was estimated at 200,000 units shipped, or just over 2% of the global total. However, IHS forecasts rapid growth and this contract from OSE further highlights this trend.

IHS predicts that by 2018 annual shipments of smart water meters in Latin America will grow to more than 500,000 thousand units per year, (a combined annual growth rate of more than 25% from 2014 to 2018). Countries in Latin America that are expected to lead the installation of cutting-edge water technologies include Uruguay, Argentina, Brazil, Columbia and Mexico.

Israeli provider ARAD also recently acquired the Mexican meter supplier Cicasa in efforts to take advantage of the Mexican market and those of nearby countries in an effort to modernize their water treatment and water delivery infrastructure.

Additional Resources: IHS Technology’s Smart Utilities Infrastructure Research Group

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