Smart Water Metering Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Meter Type (Electromagnetic Meter, Ultrasonic Meter, Mechanical Meter); By Technology (Automatic Meter Reading, Advanced Meter Infra

Smart Water Metering Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Meter Type (Electromagnetic Meter, Ultrasonic Meter, Mechanical Meter); By Technology (Automatic Meter Reading, Advanced Meter Infrastructure); By Component (Meter & Accessories, IT Solutions, Communications); By Application (Residential, Commercial, Industries); By Region (North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA)


Global Smart Water Metering Market Size Set to Grow at Steady CAGR of 7.15% to Reach USD 6.80 Billion by 2029
Global smart water metering market is rapidly growing due to advancements in IoT technology, increasing government regulations for water management, and the demand for real-time data analytics for efficient water resource management.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global smart water metering market size at USD 4.22 billion in 2022. During the forecast period between 2023 and 2029, global smart water metering market size is to grow at a robust CAGR of 7.15% reaching a value of USD 6.80 billion by 2029. The increasing demand for effective water management and conservation is driving important developments in the global smart water metering market. The growing use of advanced metering infrastructure (AMI) systems, which allow for real-time monitoring, data analysis, and remote management of water consumption, is one important trend. Internet of Things (IoT) technology integration is another development that enables seamless connectivity and communication between meters, utilities, and customers. The emphasis on water conservation, leak detection, and precise billing has also led to an increase in demand for smart water metering solutions in both the residential and commercial sectors. Globally, it is expected that the market would keep growing as water utilities adopt smart metering technology to streamline operations and advance sustainable water resource management.
Global Smart Water Metering Market – Overview
The use of cutting-edge technology and systems to more effectively and intelligently measure and monitor water consumption is known as "smart water metering." To gather real-time data on water usage, such as flow rates, quantities, and trends, digital meters with sensors and communication capabilities are used. The automated, precise, and remote monitoring of water consumption made possible by these smart meters eliminates the need for manual readings. Smart water metering offers better water management, leak detection, and conservation measures by offering thorough information and analytics. It encourages water efficiency and increases the sustainability of all water resources by assisting utilities and consumers in making educated decisions.
Impact of COVID-19 on Global Smart Water Metering Market
The COVID-19 pandemic significantly impacted the global smart water metering market, leading to both challenges and opportunities. As lockdowns and social distancing measures were implemented worldwide, the installation and maintenance of smart water metering systems faced delays and disruptions. Supply chain disruptions and reduced workforce availability also affected manufacturing and distribution. However, the pandemic also highlighted the importance of water management, leading to increased awareness and adoption of smart water metering solutions. As governments and utilities recognized the need for efficient water usage and conservation, the market witnessed a surge in demand for advanced metering technologies. With the gradual recovery, the global smart water metering market is expected to rebound and experience significant growth in the post-pandemic era.
Global Smart Water Metering Market – By Technology
On the basis of technology, global smart water metering market is divided into Automatic Meter Reading and Advanced Meter Infrastructure segments. The advanced meter infrastructure segment is the larger contributor in terms of market share and growth potential. AMR involves the use of automated systems to collect consumption data from water meters, enabling remote reading and monitoring. On the other hand, AMI encompasses a more advanced infrastructure that includes two-way communication capabilities, allowing for real-time data monitoring and analysis. The AMI segment has gained significant traction due to its ability to provide enhanced data accuracy, improved leak detection, and better overall water management, making it the dominant segment in the global smart water metering market.


Competitive Landscape
Global smart water metering market is fiercely competitive. Major companies in the market include Adore Technologies LLC, BADGER METER, INC., HONEYWELL INTERNATIONAL INC., ITRON INC., Kamstrup A/S., LANDISeGYR, Mueller water Product Inc, NEPTUNE TECHNOLOGY GROUP INC., SIEMENS AG, SENSUS, Kamstrup A/S, Lndis+Gyr, Deihl Stiftung & Co. KG, and Schneider Electric SE. Companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in global smart water metering market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Smart Water Metering Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Smart Water Metering Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Global Smart Water Metering Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Rise in Need for Accuracy in Water Billing Solution
3.2.1.2. Rise in Utilities Focus Toward Reducing Nonrevenue Water
3.2.2. Restraints
3.2.2.1. Lack of Government Initiatives
3.2.3. Opportunities
3.2.3.1. Surge in Digitization of the Water Industry Operations
3.2.4. Challenges
3.2.4.1. High Deployment Cost and Long Payback Period
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Global Smart Water Metering Market Overview
4.1. Market Size & Forecast, 2019-2029
4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
4.2.1. By Meter Type
4.2.1.1. Electromagnetic Meter
4.2.1.2. Ultrasonic Meter
4.2.1.3. Mechanical Meter
4.2.2. By Technology
4.2.2.1. Automatic Meter Reading
4.2.2.2. Advanced Meter Infrastructure
4.2.3. By Component
4.2.3.1. Meter & Accessories
4.2.3.2. IT Solutions
4.2.3.3. Communications
4.2.4. By Application
4.2.4.1. Residential
4.2.4.2. Commercial
4.2.4.3. Industries
4.2.5. By Region
4.2.5.1. North America
4.2.5.2. Europe
4.2.5.3. Asia Pacific (APAC)
4.2.5.4. Latin America (LATAM)
4.2.5.5. Middle East and Africa (MEA)
5. North America Smart Water Metering Market
5.1. Market Size & Forecast, 2019-2029
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Meter Type
5.2.2. By Technology
5.2.3. By Component
5.2.4. By Application
5.2.5. By Country
5.2.5.1. United States
5.2.5.1.1. By Meter Type
5.2.5.1.2. By Technology
5.2.5.1.3. By Component
5.2.5.1.4. By Application
5.2.5.2. Canada
5.2.5.2.1. By Meter Type
5.2.5.2.2. By Technology
5.2.5.2.3. By Component
5.2.5.2.4. By Application
6. Europe Smart Water Metering Market
6.1. Market Size & Forecast, 2019-2029
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Meter Type
6.2.2. By Technology
6.2.3. By Component
6.2.4. By Application
6.2.5. By Country
6.2.5.1. Germany
6.2.5.1.1. By Meter Type
6.2.5.1.2. By Technology
6.2.5.1.3. By Component
6.2.5.1.4. By Application
6.2.5.2. United Kingdom
6.2.5.2.1. By Meter Type
6.2.5.2.2. By Technology
6.2.5.2.3. By Component
6.2.5.2.4. By Application
6.2.5.3. Italy
6.2.5.3.1. By Meter Type
6.2.5.3.2. By Technology
6.2.5.3.3. By Component
6.2.5.3.4. By Application
6.2.5.4. France
6.2.5.4.1. By Meter Type
6.2.5.4.2. By Technology
6.2.5.4.3. By Component
6.2.5.4.4. By Application
6.2.5.5. Spain
6.2.5.5.1. By Meter Type
6.2.5.5.2. By Technology
6.2.5.5.3. By Component
6.2.5.5.4. By Application
6.2.5.6. Belgium
6.2.5.6.1. By Meter Type
6.2.5.6.2. By Technology
6.2.5.6.3. By Component
6.2.5.6.4. By Application
6.2.5.7. Russia
6.2.5.7.1. By Meter Type
6.2.5.7.2. By Technology
6.2.5.7.3. By Component
6.2.5.7.4. By Application
6.2.5.8. Netherlands
6.2.5.8.1. By Meter Type
6.2.5.8.2. By Technology
6.2.5.8.3. By Component
6.2.5.8.4. By Application
6.2.5.9. Rest of Europe
6.2.5.9.1. By Meter Type
6.2.5.9.2. By Technology
6.2.5.9.3. By Component
6.2.5.9.4. By Application
7. Asia Pacific Smart Water Metering Market
7.1. Market Size & Forecast, 2019-2029
7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
7.2.1. By Meter Type
7.2.2. By Technology
7.2.3. By Component
7.2.4. By Application
7.2.5. By Country
7.2.5.1. China
7.2.5.1.1. By Meter Type
7.2.5.1.2. By Technology
7.2.5.1.3. By Component
7.2.5.1.4. By Application
7.2.5.2. India
7.2.5.2.1. By Meter Type
7.2.5.2.2. By Technology
7.2.5.2.3. By Component
7.2.5.2.4. By Application
7.2.5.3. Japan
7.2.5.3.1. By Meter Type
7.2.5.3.2. By Technology
7.2.5.3.3. By Component
7.2.5.3.4. By Application
7.2.5.4. South Korea
7.2.5.4.1. By Meter Type
7.2.5.4.2. By Technology
7.2.5.4.3. By Component
7.2.5.4.4. By Application
7.2.5.5. Australia & New Zealand
7.2.5.5.1. By Meter Type
7.2.5.5.2. By Technology
7.2.5.5.3. By Component
7.2.5.5.4. By Application
7.2.5.6. Indonesia
7.2.5.6.1. By Meter Type
7.2.5.6.2. By Technology
7.2.5.6.3. By Component
7.2.5.6.4. By Application
7.2.5.7. Malaysia
7.2.5.7.1. By Meter Type
7.2.5.7.2. By Technology
7.2.5.7.3. By Component
7.2.5.7.4. By Application
7.2.5.8. Singapore
7.2.5.8.1. By Meter Type
7.2.5.8.2. By Technology
7.2.5.8.3. By Component
7.2.5.8.4. By Application
7.2.5.9. Vietnam
7.2.5.9.1. By Meter Type
7.2.5.9.2. By Technology
7.2.5.9.3. By Component
7.2.5.9.4. By Application
7.2.5.10. Rest of APAC
7.2.5.10.1. By Meter Type
7.2.5.10.2. By Technology
7.2.5.10.3. By Component
7.2.5.10.4. By Application
8. Latin America Smart Water Metering Market
8.1. Market Size & Forecast, 2019-2029
8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
8.2.1. By Meter Type
8.2.2. By Technology
8.2.3. By Component
8.2.4. By Application
8.2.5. By Country
8.2.5.1. Brazil
8.2.5.1.1. By Meter Type
8.2.5.1.2. By Technology
8.2.5.1.3. By Component
8.2.5.1.4. By Application
8.2.5.2. Mexico
8.2.5.2.1. By Meter Type
8.2.5.2.2. By Technology
8.2.5.2.3. By Component
8.2.5.2.4. By Application
8.2.5.3. Argentina
8.2.5.3.1. By Meter Type
8.2.5.3.2. By Technology
8.2.5.3.3. By Component
8.2.5.3.4. By Application
8.2.5.4. Peru
8.2.5.4.1. By Meter Type
8.2.5.4.2. By Technology
8.2.5.4.3. By Component
8.2.5.4.4. By Application
8.2.5.5. Rest of LATAM
8.2.5.5.1. By Meter Type
8.2.5.5.2. By Technology
8.2.5.5.3. By Component
8.2.5.5.4. By Application
9. Middle East & Africa Smart Water Metering Market
9.1. Market Size & Forecast, 2019-2029
9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
9.2.1. By Meter Type
9.2.2. By Technology
9.2.3. By Component
9.2.4. By Application
9.2.5. By Country
9.2.5.1. Saudi Arabia
9.2.5.1.1. By Meter Type
9.2.5.1.2. By Technology
9.2.5.1.3. By Component
9.2.5.1.4. By Application
9.2.5.2. UAE
9.2.5.2.1. By Meter Type
9.2.5.2.2. By Technology
9.2.5.2.3. By Component
9.2.5.2.4. By Application
9.2.5.3. Qatar
9.2.5.3.1. By Meter Type
9.2.5.3.2. By Technology
9.2.5.3.3. By Component
9.2.5.3.4. By Application
9.2.5.4. Kuwait
9.2.5.4.1. By Meter Type
9.2.5.4.2. By Technology
9.2.5.4.3. By Component
9.2.5.4.4. By Application
9.2.5.5. South Africa
9.2.5.5.1. By Meter Type
9.2.5.5.2. By Technology
9.2.5.5.3. By Component
9.2.5.5.4. By Application
9.2.5.6. Nigeria
9.2.5.6.1. By Meter Type
9.2.5.6.2. By Technology
9.2.5.6.3. By Component
9.2.5.6.4. By Application
9.2.5.7. Algeria
9.2.5.7.1. By Meter Type
9.2.5.7.2. By Technology
9.2.5.7.3. By Component
9.2.5.7.4. By Application
9.2.5.8. Rest of MEA
9.2.5.8.1. By Meter Type
9.2.5.8.2. By Technology
9.2.5.8.3. By Component
9.2.5.8.4. By Application
10. Competitive Landscape
10.1. List of Key Players and Their Products
10.2. Global Smart Water Metering Company Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Covid-19 on Global Smart Water Metering Market
12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
12.1. Adore Technologies LLC
12.2. BADGER METER, INC.
12.3. HONEYWELL INTERNATIONAL INC.
12.4. ITRON INC.
12.5. Kamstrup A/S.
12.6. LANDISeGYR
12.7. Mueller Water Product Inc
12.8. NEPTUNE TECHNOLOGY GROUP INC.
12.9. SIEMENS AG
12.10. SENSUS
12.11. Kamstrup A/S
12.12. Lndis+Gyr
12.13. Deihl Stiftung & Co. KG
12.14. Schneider Electric SE
12.15. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
14.1. Qualitative Research
14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
14.3.1. Secondary Research
14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations

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