The Smart Water Meters Market was valued at USD 9.05 billion in 2024, and is projected to reach USD 16.19 billion by 2030, rising at a CAGR of 10.30%. The smart water meters industry centers on advanced metering devices designed to provide accurate, real-time monitoring of water consumption.
Unlike traditional meters, smart water meters incorporate digital technology, sensors, and communication modules that enable remote data collection, leak detection, and usage alerts. These capabilities help utilities optimize water distribution, reduce losses, and improve billing accuracy, while empowering consumers to manage their water usage more efficiently.
Technological advancements such as integrating IoT, AI, and data analytics enhance the functionality of smart water meters, allowing for improved data accuracy, predictive maintenance, and operational efficiency. For instance, in February 2025, Coimbatore City Municipal Corporation announced plans to implement an IoT-based smart water distribution system to ensure equitable water supply across the 40 wards added to the city after 2011. Communication technologies such as Advanced Metering Infrastructure (AMI), Radio Frequency (RF), Power Line Communication (PLC), and Broadband Over Power Lines (BPL) facilitate seamless two-way communication between meters and utilities, reducing manual labor and operational costs.
Competitive dynamics in the smart water meters industry involve established multinational corporations and specialized regional players. Companies focus on innovation, sustainability, and strategic partnerships to enhance their product offerings and expand market reach. Efforts to develop recyclable materials and biodegradable components align with broader environmental goals. Collaborations between meter manufacturers and technology providers enable the creation of integrated solutions that meet evolving market needs and support efficient water management globally.
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Unlike traditional meters, smart water meters incorporate digital technology, sensors, and communication modules that enable remote data collection, leak detection, and usage alerts. These capabilities help utilities optimize water distribution, reduce losses, and improve billing accuracy, while empowering consumers to manage their water usage more efficiently.
Technological advancements such as integrating IoT, AI, and data analytics enhance the functionality of smart water meters, allowing for improved data accuracy, predictive maintenance, and operational efficiency. For instance, in February 2025, Coimbatore City Municipal Corporation announced plans to implement an IoT-based smart water distribution system to ensure equitable water supply across the 40 wards added to the city after 2011. Communication technologies such as Advanced Metering Infrastructure (AMI), Radio Frequency (RF), Power Line Communication (PLC), and Broadband Over Power Lines (BPL) facilitate seamless two-way communication between meters and utilities, reducing manual labor and operational costs.
Competitive dynamics in the smart water meters industry involve established multinational corporations and specialized regional players. Companies focus on innovation, sustainability, and strategic partnerships to enhance their product offerings and expand market reach. Efforts to develop recyclable materials and biodegradable components align with broader environmental goals. Collaborations between meter manufacturers and technology providers enable the creation of integrated solutions that meet evolving market needs and support efficient water management globally.
Global Smart Water Meter Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, the analyst has segmented the global smart water meters market report based on meter type, technology, application, and region.Meter Type Outlook (Revenue, USD Million, 2018-2030)
- Electromagnetic Meter
- Ultrasonic Meter
- Mechanical Meter
Technology Outlook (Revenue, USD Million, 2018-2030)
- AMR
- AMI
Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Industrial
Regional Outlook (Revenue, USD Million, 2018-2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Middle East and Africa (MEA)
- KSA
- UAE
- South Africa
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listings for you to stay ahead of the curve
Why Should You Buy This Report?
- Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Smart Water Meters Market Variables, Trends, & Scope
Chapter 4. Smart Water Meters Market: Meter Type Estimates & Trend Analysis
Chapter 5. Smart Water Meters Market: Technology Estimates & Trend Analysis
Chapter 6. Smart Water Meters Market: Application Estimates & Trend Analysis
Chapter 7. Smart Water Meters Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
The major companies featured in this Smart Water Meters market report include:- Aclara Technologies LLC. (Hubbell)
- BMETERS Srl
- Diehl Stiftung & Co. KG
- Datamatics Global Services Limited
- Honeywell International Inc.
- Badger Meter, Inc.
- Itron Inc.
- Kamstrup A/S
- Landis+Gyr.
- Xylem (Sensus)
- Neptune Technology Group Inc.
- ZENNER International GmbH & Co. KG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | May 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 9.05 Billion |
| Forecasted Market Value ( USD | $ 16.19 Billion |
| Compound Annual Growth Rate | 10.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
