The smart water meters market is forecasted to reach USD 9.04 billion by 2030 from an estimated USD 4.61 billion in 2024, at a CAGR of 11.9% during the forecast period (2024-2030).
Domestic water utilities comprise companies responsible for the safe and efficient supply of water, and related services. These utilities fall under the purview of the federal, state, and municipalities and operate with a myriad of regulations imposed upon them. Often, the operating budget of such utilities is very limited and they cannot invest significant capital in one go. A number of reasons lead to the losses associated with NRW, including inaccuracy in mechanical meters, manual reading of meters, and unmetered consumption. Primarily, water loss occurs due to leaks, theft, overflow of storage tanks, unmetered use and free supply to some customers.
Non-Revenue-water (NRW) factually occupies an average of 30-35% of the total volume of water available for consumption globally each year according to the International Water Association. Utilities incur heavy operational costs in terms of energy used for pumping NRW, losing operational efficiency in repairing leaks, which raises the cost of operations. It is therefore in enhancing operational efficiencies, billing accuracy, consumer involvement in conservation, and technological advancement that the smart water meter market foresees tremendous opportunities for growth as water utilities across the world meet these challenges.
“The AMI segment, by Technology, is expected to be the larget market from 2024 to 2030”
There is immense growth in the segment of technology, driven by high reliability of ami communication infrastructure. AMI enables utility personnel to collect and analyze water usage while also facilitating two-way communication with metering devices, either on demand or on a set schedule. These meters can deliver the collected information through commonly accessed fixed networks which include BPL, PLC, fixed RF networks, and public networks like landline, cellular, and paging. With increasing cost competitiveness in advanced meters relative to one-way meters, increasing numbers of water utilities are finding this technology relevant. AMI also minimizes the requirement of manual labor to a considerable degree, hence a reduction in costs of operation and, as an outcome, AMI is experiencing high market penetration.
“IT Solutions segment, by component, is expected to be the fastest in market from 2024 to 2030”
The smart water meter market is divided into three main components: meters and accessories, IT solutions, and communications. With the rise of IoT sensors and data management software, water utilities can now analyze potential causes of water loss and take preventive measures. As the water industry rapidly embraces digital technologies, the IT solutions segment is experiencing significant growth in smart water meter market.
“Asia Pacific to grow at the highest CAGR in the smart water meter market.”
The Asia Pacific is supposed to develop the highest rate of growth for the smart water metering market throughout the forecast period. Countries like China, Australia, Singapore, and India are actively developing the infrastructure for water consumption and supply. Such initiatives provide valuable opportunities for suppliers to expand their presence in the region, fueling growth in the market.
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
By Designation: C-Level- 30%, Managers- 25%, and Others- 45%
By Region: North America- 30%, Europe- 20%, Asia Pacific- 25%, and the Middle East & Africa- 15% and South America- 10%
Note: The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
Badger Meter, Inc. (US) , Sensus (Xylem) (US) , Diehl Stiftung & Co. KG. (Germany) , Landis+Gyr (Switzerland) , Itron, Inc. (US) , ZENNER International GmbH & Co.KG (Germany) , Sagemcom (France) , Arad Group (Israel) , Honeywell International Inc. (US) , Aclara (Hubbell) (US) , Kamstrup (Denmark) , and Wasion Holdings International (China) are some of the key players in the smart water meter market. The study includes an in-depth competitive analysis of these key, with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report defines, describes, and forecasts the smart water meter market by meter type (ultrasonic meters, electromagnetic meters, and smart mechanical meters), by Technology (AMI, AMR), by component (meter & accessories, IT solutions, communication), Application (water utilities and industries) and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the smart water meter market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the smart water meter market. Competitive analysis of upcoming startups in the Energy as a service market ecosystem is covered in this report.
Key Benefits of Buying the Report
• Analysis of key drivers, restraints, opportunities and challenges influences the growth of the smart water meter market.
• Market Development: In 2023, Italy has 21 million water meters installed, with only 17% being smart devices. The USD 937-million allocation will drive a massive modernization effort, targeting the replacement of approximately 13.5 million traditional water meters with digitized versions. Several countries in the region are replacing older water meters with smart water meters, which is further creating opportunities for players operating in this regional market.
• Product Innovation/ Development: The smart water meter market is evolving with incorporation of Internet of Things, Artificial Intelligence, and cloud-based innovations to perform real-time monitoring, leak detection, and automation in billing. Advanced sensing technology increases accuracy levels, and further advancements through LoRaWAN and NB-IoT promote remote connectivity. Sustainability and Smart Cities have seen innovations in improving battery life, cybersecurity, and predictive maintenance are driving the future of water metering.
• Market Diversification: In March 2024, Aclara partnered with Utilidata to integrate their distributed AI platform into Aclara's smart meters. This collaboration is intended to enhance grid operations and improve the management of water resources through advanced analytics and real-time data processing.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Badger Meter, Inc. (US), Sensus (Xylem) (US), Diehl Stiftung & Co. KG. (Germany), Landis+Gyr (Switzerland), and Itron, Inc. (US), ZENNER International GmbH & Co.KG (Germany), Sagemcom (France), Arad Group (Israel), Honeywell International Inc. (US), Aclara (Hubbell) (US), Kamstrup (Denmark), and Wasion Holdings International (China) among others in the smart water meter market.
圖表清單 List of Tables & Figures
TABLE 1 SMART WATER METERS MARKET SNAPSHOT 43
TABLE 2 WATER AND WASTEWATER TREATMENT PROJECTS IN INDIA 56
TABLE 3 INDICATIVE PRICING ANALYSIS OF SMART WATER METERS, BY METER TYPE, 2024 58
TABLE 4 ROLE OF COMPANIES IN ECOSYSTEM 62
TABLE 5 SMART WATER METERS MARKET: KEY PATENTS, 2020–2024 67
TABLE 6 EXPORT DATA FOR HS CODE 9028, BY COUNTRY, 2021–2023 (USD THOUSAND) 69
TABLE 7 IMPORT DATA FOR HS CODE 9028, BY COUNTRY, 2021–2023 (USD THOUSAND) 70
TABLE 8 KEY CONFERENCES AND EVENTS, 2025–2026 71
TABLE 9 IMPORT TARIFFS FOR HS 9028 GAS, LIQUID OR ELECTRICITY SUPPLY OR PRODUCTION METERS, INCL. CALIBRATING METERS 74
TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 13 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 14 GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 15 SMART WATER METERS MARKET: CODES AND REGULATIONS 77
TABLE 16 PORTER’S FIVE FORCES ANALYSIS 79
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION 81
TABLE 18 KEY BUYING CRITERIA FOR TOP TWO APPLICATIONS 82
TABLE 19 WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION) 85
TABLE 20 INFLATION RATE, AVERAGE CONSUMER PRICES, ANNUAL PERCENT CHANGE (2024%) 85
TABLE 21 MANUFACTURING VALUE ADDED (% OF GDP), 2023 86
TABLE 22 SMART WATER METERS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 88
TABLE 23 SMART WATER METERS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 88
TABLE 24 AMR: SMART WATER METERS MARKET, BY REGION, 2020–2023 (USD MILLION) 89
TABLE 25 AMR: SMART WATER METERS MARKET, BY REGION, 2024–2030 (USD MILLION) 89
TABLE 26 AMI: SMART WATER METERS MARKET, BY REGION, 2020–2023 (USD MILLION) 90
TABLE 27 AMI: SMART WATER METERS MARKET, BY REGION, 2024–2030 (USD MILLION) 90
TABLE 28 SMART WATER METERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 92
TABLE 29 SMART WATER METERS MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 92
TABLE 30 WATER UTILITIES: SMART WATER METERS MARKET, BY REGION,
2020–2023 (USD MILLION) 93
TABLE 31 WATER UTILITIES: SMART WATER METERS MARKET, BY REGION,
2024–2030 (USD MILLION) 93
TABLE 32 INDUSTRIES: SMART WATER METERS MARKET, BY REGION,
2020–2023 (USD MILLION) 94
TABLE 33 INDUSTRIES: SMART WATER METERS MARKET, BY REGION,
2024–2030 (USD MILLION) 94
TABLE 34 SMART WATER METERS MARKET, BY METER TYPE, 2020–2023 (USD MILLION) 96
TABLE 35 SMART WATER METERS MARKET, BY METER TYPE, 2024–2030 (USD MILLION) 96
TABLE 36 ELECTROMAGNETIC SMART WATER METERS MARKET, BY REGION,
2020–2023 (USD MILLION) 97
TABLE 37 ELECTROMAGNETIC SMART WATER METERS MARKET, BY REGION,
2024–2030 (USD MILLION) 97
TABLE 38 ULTRASONIC SMART WATER METERS MARKET, BY REGION,
2020–2023 (USD MILLION) 98
TABLE 39 ULTRASONIC SMART WATER METERS MARKET, BY REGION,
2024–2030 (USD MILLION) 98
TABLE 40 SMART MECHANICAL WATER METERS MARKET, BY REGION,
2020–2023 (USD MILLION) 99
TABLE 41 SMART MECHANICAL WATER METERS MARKET, BY REGION,
2024–2030 (USD MILLION) 99
TABLE 42 SMART WATER METERS MARKET, BY COMPONENT, 2020–2023 (USD MILLION) 101
TABLE 43 SMART WATER METERS MARKET, BY COMPONENT, 2024–2030 (USD MILLION) 102
TABLE 44 METERS & ACCESSORIES: SMART WATER METERS MARKET, BY REGION,
2020–2023 (USD MILLION) 103
TABLE 45 METERS & ACCESSORIES: SMART WATER METERS MARKET, BY REGION,
2024–2030 (USD MILLION) 103
TABLE 46 IT SOLUTIONS: SMART WATER METERS MARKET, BY REGION,
2020–2023 (USD MILLION) 104
TABLE 47 IT SOLUTIONS: SMART WATER METERS MARKET, BY REGION,
2024–2030 (USD MILLION) 104
TABLE 48 COMMUNICATIONS: SMART WATER METERS MARKET, BY REGION,
2020–2023 (USD MILLION) 105
TABLE 49 COMMUNICATIONS: SMART WATER METERS MARKET, BY REGION,
2024–2030 (USD MILLION) 105
TABLE 50 SMART WATER METERS MARKET, BY REGION, 2020–2023 (USD MILLION) 108
TABLE 51 SMART WATER METERS MARKET, BY REGION, 2024–2030 (USD MILLION) 108
TABLE 52 SMART WATER METERS MARKET, BY REGION, 2020–2023 (MILLION UNITS) 108
TABLE 53 SMART WATER METERS MARKET, BY REGION, 2024–2030 (MILLION UNITS) 109
TABLE 54 ASIA PACIFIC: SMART WATER METERS MARKET, BY METER TYPE,
2020–2023 (USD MILLION) 110
TABLE 55 ASIA PACIFIC: SMART WATER METERS MARKET, BY METER TYPE,
2024–2030 (USD MILLION) 111
TABLE 56 ASIA PACIFIC: SMART WATER METERS MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 111
TABLE 57 ASIA PACIFIC: SMART WATER METERS MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 111
TABLE 58 ASIA PACIFIC: SMART WATER METERS MARKET, BY COMPONENT,
2020–2023 (USD MILLION) 111
TABLE 59 ASIA PACIFIC: SMART WATER METERS MARKET, BY COMPONENT,
2024–2030 (USD MILLION) 112
TABLE 60 ASIA PACIFIC: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 112
TABLE 61 ASIA PACIFIC: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 112
TABLE 62 ASIA PACIFIC: SMART WATER METERS MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 112
TABLE 63 ASIA PACIFIC: SMART WATER METERS MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 113
TABLE 64 CHINA: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 113
TABLE 65 CHINA: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 113
TABLE 66 INDIA: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 114
TABLE 67 INDIA: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 114
TABLE 68 JAPAN: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 115
TABLE 69 JAPAN: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 115
TABLE 70 AUSTRALIA: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 116
TABLE 71 AUSTRALIA: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 116
TABLE 72 MALAYSIA: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 116
TABLE 73 MALAYSIA: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 116
TABLE 74 REST OF ASIA PACIFIC: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 117
TABLE 75 REST OF ASIA PACIFIC: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 117
TABLE 76 EUROPE: SMART WATER METERS MARKET, BY METER TYPE,
2020–2023 (USD MILLION) 118
TABLE 77 EUROPE: SMART WATER METERS MARKET, BY METER TYPE,
2024–2030 (USD MILLION) 118
TABLE 78 EUROPE: SMART WATER METERS MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 118
TABLE 79 EUROPE: SMART WATER METERS MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 118
TABLE 80 EUROPE: SMART WATER METERS MARKET, BY COMPONENT,
2020–2023 (USD MILLION) 119
TABLE 81 EUROPE: SMART WATER METERS MARKET, BY COMPONENT,
2024–2030 (USD MILLION) 119
TABLE 82 EUROPE: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 119
TABLE 83 EUROPE: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 119
TABLE 84 EUROPE: SMART WATER METERS MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 120
TABLE 85 EUROPE: SMART WATER METERS MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 120
TABLE 86 GERMANY: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 121
TABLE 87 GERMANY: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 121
TABLE 88 FRANCE: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 121
TABLE 89 FRANCE: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 122
TABLE 90 UK: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 122
TABLE 91 UK: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 122
TABLE 92 NETHERLANDS: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 123
TABLE 93 NETHERLANDS: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 123
TABLE 94 DENMARK: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 124
TABLE 95 DENMARK: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 124
TABLE 96 REST OF EUROPE: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 124
TABLE 97 REST OF EUROPE: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 125
TABLE 98 NORTH AMERICA: SMART WATER METERS MARKET, BY METER TYPE,
2020–2023 (USD MILLION) 126
TABLE 99 NORTH AMERICA: SMART WATER METERS MARKET, BY METER TYPE,
2024–2030 (USD MILLION) 127
TABLE 100 NORTH AMERICA: SMART WATER METERS MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 127
TABLE 101 NORTH AMERICA: SMART WATER METERS MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 127
TABLE 102 NORTH AMERICA: SMART WATER METERS MARKET, BY COMPONENT,
2020–2023 (USD MILLION) 127
TABLE 103 NORTH AMERICA: SMART WATER METERS MARKET, BY COMPONENT,
2024–2030 (USD MILLION) 128
TABLE 104 NORTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 128
TABLE 105 NORTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 128
TABLE 106 NORTH AMERICA: SMART WATER METERS MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 128
TABLE 107 NORTH AMERICA: SMART WATER METERS MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 129
TABLE 108 US: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 129
TABLE 109 US: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 129
TABLE 110 CANADA: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 130
TABLE 111 CANADA: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 130
TABLE 112 MEXICO: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 131
TABLE 113 MEXICO: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 131
TABLE 114 MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY METER TYPE, 2020–2023 (USD MILLION) 132
TABLE 115 MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY METER TYPE, 2024–2030 (USD MILLION) 132
TABLE 116 MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 133
TABLE 117 MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 133
TABLE 118 MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY COMPONENT, 2020–2023 (USD MILLION) 133
TABLE 119 MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY COMPONENT, 2024–2030 (USD MILLION) 133
TABLE 120 MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 134
TABLE 121 MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 134
TABLE 122 MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 134
TABLE 123 MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 135
TABLE 124 GCC: SMART WATER METERS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 135
TABLE 125 GCC: SMART WATER METERS MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 135
TABLE 126 SAUDI ARABIA: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 136
TABLE 127 SAUDI ARABIA: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 136
TABLE 128 UAE: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 137
TABLE 129 UAE: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 137
TABLE 130 ISRAEL: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 138
TABLE 131 ISRAEL: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 138
TABLE 132 SOUTH AFRICA: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 138
TABLE 133 SOUTH AFRICA: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 139
TABLE 134 EGYPT: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 139
TABLE 135 EGYPT: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 139
TABLE 136 REST OF MIDDLE EAST & AFRICA: SMART WATER METERS MARKET,
BY APPLICATION, 2020–2023 (USD MILLION) 140
TABLE 137 REST OF MIDDLE EAST & AFRICA: SMART WATER METERS MARKET,
BY APPLICATION, 2024–2030 (USD MILLION) 140
TABLE 138 SOUTH AMERICA: SMART WATER METERS MARKET, BY METER TYPE,
2020–2023 (USD MILLION) 141
TABLE 139 SOUTH AMERICA: SMART WATER METERS MARKET, BY METER TYPE,
2024–2030 (USD MILLION) 141
TABLE 140 SOUTH AMERICA: SMART WATER METERS MARKET, BY TECHNOLOGY,
2020–2023 (USD MILLION) 141
TABLE 141 SOUTH AMERICA: SMART WATER METERS MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 141
TABLE 142 SOUTH AMERICA: SMART WATER METERS MARKET, BY COMPONENT,
2020–2023 (USD MILLION) 142
TABLE 143 SOUTH AMERICA: SMART WATER METERS MARKET, BY COMPONENT,
2024–2030 (USD MILLION) 142
TABLE 144 SOUTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 142
TABLE 145 SOUTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 142
TABLE 146 SOUTH AMERICA: SMART WATER METERS MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 143
TABLE 147 SOUTH AMERICA: SMART WATER METERS MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 143
TABLE 148 BRAZIL: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 144
TABLE 149 BRAZIL: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 144
TABLE 150 ARGENTINA: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 144
TABLE 151 ARGENTINA: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 145
TABLE 152 URUGUAY: SMART WATER METERS MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 145
TABLE 153 URUGUAY: SMART WATER METERS MARKET, BY APPLICATION,
2024–2030 (USD MILLION) 145
TABLE 154 REST OF SOUTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 146
TABLE 155 REST OF SOUTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 146
TABLE 156 SMART WATER METERS MARKET: OVERVIEW OF STRATEGIES ADOPTED
BY KEY PLAYERS, 2021– 2024 147
TABLE 157 SMART WATER METERS MARKET: DEGREE OF COMPETITION, 2023 150
TABLE 158 SMART WATER METERS MARKET: REGION FOOTPRINT 157
TABLE 159 SMART WATER METERS MARKET: APPLICATION FOOTPRINT 158
TABLE 160 SMART WATER METERS MARKET: COMPONENT FOOTPRINT 159
TABLE 161 SMART WATER METERS MARKET: TECHNOLOGY FOOTPRINT 160
TABLE 162 SMART WATER METERS MARKET: METER TYPE FOOTPRINT 161
TABLE 163 SMART WATER METERS MARKET: KEY STARTUPS/SMES 164
TABLE 164 SMART WATER METERS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 164
TABLE 165 SMART WATER METERS MARKET: PRODUCT LAUNCHES,
JANUARY 2021– DECEMBER 2024 165
TABLE 166 SMART WATER METERS MARKET: DEALS, JANUARY 2021– DECEMBER 2024 166
TABLE 167 SMART WATER METERS MARKET: EXPANSIONS, JANUARY 2021–DECEMBER 2024 169
TABLE 168 SMART WATER METERS MARKET: OTHER DEVELOPMENTS,
JANUARY 2021– DECEMBER 2024 170
TABLE 169 BADGER METER, INC.: COMPANY OVERVIEW 173
TABLE 170 BADGER METER, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 174
TABLE 171 BADGER METER, INC.: PRODUCT LAUNCHES 177
TABLE 172 BADGER METER, INC.: DEALS 177
TABLE 173 KAMSTRUP: COMPANY OVERVIEW 179
TABLE 174 KAMSTRUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 179
TABLE 175 KAMSTRUP: DEALS 180
TABLE 176 KAMSTRUP: EXPANSIONS 180
TABLE 177 DIEHL STIFTUNG & CO. KG: COMPANY OVERVIEW 181
TABLE 178 DIEHL STIFTUNG & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 181
TABLE 179 DIEHL STIFTUNG & CO. KG: DEALS 182
TABLE 180 DIEHL STIFTUNG & CO. KG: EXPANSIONS 182
TABLE 181 LANDIS+GYR: COMPANY OVERVIEW 184
TABLE 182 LANDIS+GYR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 185
TABLE 183 LANDIS+GYR: PRODUCT LAUNCHES 185
TABLE 184 LANDIS+GYR: DEALS 186
TABLE 185 LANDIS+GYR: OTHER DEVELOPMENTS 187
TABLE 186 ACLARA (HUBBELL): COMPANY OVERVIEW 189
TABLE 187 ACLARA (HUBBELL): PRODUCTS/SOLUTIONS/SERVICES OFFERED 189
TABLE 188 ACLARA (HUBBELL): DEALS 190
TABLE 189 SENSUS (XYLEM): COMPANY OVERVIEW 191
TABLE 190 SENSUS (XYLEM): PRODUCTS/SOLUTIONS/SERVICES OFFERED 191
TABLE 191 SENSUS (XYLEM): PRODUCT LAUNCHES 193
TABLE 192 SENSUS (XYLEM): DEALS 193
TABLE 193 SENSUS (XYLEM): OTHER DEVELOPMENTS 194
TABLE 194 ITRON INC.: COMPANY OVERVIEW 196
TABLE 195 ITRON INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 197
TABLE 196 ITRON INC.: DEALS 198
TABLE 197 ITRON INC.: EXPANSIONS 199
TABLE 198 ITRON INC.: OTHER DEVELOPMENTS 199
TABLE 199 BMETERS SRL: COMPANY OVERVIEW 201
TABLE 200 BMETERS SRL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 201
TABLE 201 BMETERS SRL: PRODUCT LAUNCHES 203
TABLE 202 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW 204
TABLE 203 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 205
TABLE 204 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES 206
TABLE 205 ARAD GROUP: COMPANY OVERVIEW 207
TABLE 206 ARAD GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 207
TABLE 207 ZENNER INTERNATIONAL GMBH & CO. KG: COMPANY OVERVIEW 210
TABLE 208 ZENNER INTERNATIONAL GMBH & CO. KG: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 210
TABLE 209 NEPTUNE TECHNOLOGY GROUP INC.: COMPANY OVERVIEW 211
TABLE 210 NEPTUNE TECHNOLOGY GROUP INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 211
TABLE 211 NEPTUNE TECHNOLOGY GROUP INC.: PRODUCT LAUNCHES 213
TABLE 212 ISKRAEMECO GROUP: COMPANY OVERVIEW 214
TABLE 213 ISKRAEMECO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 214
TABLE 214 ISKRAEMECO GROUP: PRODUCT LAUNCHES 215
TABLE 215 ISKRAEMECO GROUP: DEALS 215
TABLE 216 ISKRAEMECO GROUP: EXPANSIONS 216
TABLE 217 ISKRAEMECO GROUP: OTHER DEVELOPMENTS 216
TABLE 218 SAGEMCOM: COMPANY OVERVIEW 217
TABLE 219 SAGEMCOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
TABLE 220 SAGEMCOM: PRODUCT LAUNCHES 218
TABLE 221 SAGEMCOM: DEALS 218
TABLE 222 WASION HOLDINGS INTERNATIONAL: COMPANY OVERVIEW 219
TABLE 223 WASION HOLDINGS INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 221
FIGURE 1 SMART WATER METERS MARKET: RESEARCH DESIGN 31
FIGURE 2 SMART WATER METERS MARKET: DATA TRIANGULATION 35
FIGURE 3 SMART WATER METERS MARKET SIZE: BOTTOM-UP APPROACH 36
FIGURE 4 SMART WATER METERS MARKET: TOP-DOWN APPROACH 37
FIGURE 5 SMART WATER METERS MARKET: DEMAND-SIDE ANALYSIS 38
FIGURE 6 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF SMART WATER METERS 39
FIGURE 7 SMART WATER METERS MARKET: SUPPLY-SIDE ANALYSIS 40
FIGURE 8 SHARE OF KEY PLAYERS IN SMART WATER METERS MARKET, 2023 41
FIGURE 9 ULTRASONIC METERS TO HAVE LARGEST MARKET SIZE BY 2030 44
FIGURE 10 AMI TECHNOLOGY HELD HIGHER VALUE IN 2024 45
FIGURE 11 METERS & ACCESSORIES TO BE LARGEST COMPONENT SEGMENT BY 2030 45
FIGURE 12 WATER UTILITIES TO LEAD AMONG SMART WATER METER APPLICATIONS 46
FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2024 TO 2030 46
FIGURE 14 INCREASING INVESTMENTS BY WATER UTILITIES TO REDUCE NON-REVENUE WATER TO DRIVE MARKET DURING FORECAST PERIOD 48
FIGURE 15 AMI DOMINATED NORTH AMERICAN MARKET IN 2024 49
FIGURE 16 ULTRASONIC WATER METERS TO HOLD LARGEST SHARE BY 2030 49
FIGURE 17 METERS & ACCESSORIES TO BE LARGEST COMPONENT SEGMENT BY 2030 50
FIGURE 18 AMI TECHNOLOGY TO HOLD MAJOR MARKET SHARE BY 2030 50
FIGURE 19 WATER UTILITIES TO DOMINATE MARKET BY 2030 50
FIGURE 20 ASIA PACIFIC MARKET TO GROW FASTEST DURING FORECAST PERIOD 51
FIGURE 21 SMART WATER METERS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 53
FIGURE 22 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS 57
FIGURE 23 AVERAGE SELLING PRICE TREND OF SMART WATER METERS, BY REGION,
2020–2024 58
FIGURE 24 VALUE CHAIN ANALYSIS 59
FIGURE 25 SMART WATER METERS MARKET: ECOSYSTEM ANALYSIS 61
FIGURE 26 INVESTMENT AND FUNDING SCENARIO, 2018–2024 63
FIGURE 27 PATENTS APPLIED FOR AND GRANTED, 2014–2024 66
FIGURE 28 EXPORT DATA FOR HS CODE 9028 OR GAS, LIQUID, ELECTRICITY SUPPLY OR PRODUCTION METERS, INCL. CALIBRATING METERS, BY COUNTRY, 2019–2023 70
FIGURE 29 IMPORT DATA FOR HS CODE 9028 OR GAS, LIQUID, ELECTRICITY SUPPLY OR PRODUCTION METERS, INCL. CALIBRATING METERS, BY COUNTRY, 2019–2023 71
FIGURE 30 PORTER’S FIVE FORCES ANALYSIS 79
FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION 81
FIGURE 32 KEY BUYING CRITERIA FOR TOP APPLICATIONS 82
FIGURE 33 IMPACT OF GENERATIVE AI/AI ON APPLICATIONS, BY REGION 84
FIGURE 34 AMI SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2024 88
FIGURE 35 WATER UTILITIES SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2024 92
FIGURE 36 ULTRASONIC METERS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE
IN 2024 96
FIGURE 37 METERS & ACCESSORIES SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 101
FIGURE 38 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN SMART WATER METERS MARKET DURING FORECAST PERIOD 107
FIGURE 39 SMART WATER METERS MARKET SHARE, BY REGION (2023) 107
FIGURE 40 ASIA PACIFIC: SMART WATER METERS MARKET SNAPSHOT 110
FIGURE 41 NORTH AMERICA: SMART WATER METERS MARKET SNAPSHOT 126
FIGURE 42 SMART WATER METERS MARKET: REVENUE ANALYSIS OF FIVE PUBLIC PLAYERS, 2019–2023 149
FIGURE 43 SMART WATER METERS MARKET SHARE ANALYSIS, 2023 150
FIGURE 44 COMPANY VALUATION 152
FIGURE 45 FINANCIAL METRICS 152
FIGURE 46 BRAND/PRODUCT COMPARISON 153
FIGURE 47 SMART WATER METERS MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2023 155
FIGURE 48 SMART WATER METERS MARKET: COMPANY FOOTPRINT 156
FIGURE 49 SMART WATER METERS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 163
FIGURE 50 BADGER METER, INC.: COMPANY SNAPSHOT 174
FIGURE 51 LANDIS+GYR: COMPANY SNAPSHOT 184
FIGURE 52 ITRON INC.: COMPANY SNAPSHOT 197
FIGURE 53 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 205
FIGURE 54 WASION HOLDINGS INTERNATIONAL: COMPANY SNAPSHOT 220