Global Water Meter Market Research Report 2023(Status and Outlook)

Global Water Meter Market Research Report 2023(Status and Outlook)

Report Overview

A water meter is a device that is used to measure the volume of water used by residential and commercial building that are supplied with water by a public water supply system. They can also be used at a well, water source or water system to determine the flow of water via a specific portion of the system.. Some water meters measure water in gallons while others measure in cubic feet.

Global Water Meter key players include Sensus Metering, Itron, Elster (Honeywell), Diehl Stiftung & Co. KG, Badger Meter Inc, etc. Global top five manufacturers hold a share over 30%.

North America is the largest market, with a share over 25%, followed by Europe and China, both have a share over 50%.

In terms of product, Smart Water Meter is the largest segment, with a share over 50%. And in terms of application, the largest application is Residential, followed by Commercial/Industrial, Utility, etc.

The Global Water Meter Market Size was estimated at USD 5575 million in 2022 and is projected to reach USD 8163.80 million by 2029, exhibiting a CAGR of 5.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Water Meter market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Water Meter Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Water Meter market in any manner.

Global Water Meter Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Sensus Metering

Itron

Elster (Honeywell)

Diehl Stiftung & Co. KG

Badger Meter Inc

Ningbo Water Meter

Zenner International GmbH & Co. KG

Kamstrup Water Metering

Neptune Technology Group (Roper Industries)

Shanchuan Group

Donghai Group

Mueller Water Products

LianLi Water Meter

SUNTRONT Technology

Hunan Changde Water Meter Manufacture

Shenzhen Huaxu

Beijing Huiyi

Chongqing Smart Water Meter Group

Lianyungang Water Meter

China Minsen Metet

Integrated Electronic Systems Lab

B METERS s.r.l.

Hangzhou Jingda Electronic

Market Segmentation (by Type)

Mechanical Water Meter

Smart Water Meter

Market Segmentation (by Application)

Bridges and Buildings

Renewable Energy

Telecommunications

Industrial

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Water Meter Market

Overview of the regional outlook of the Water Meter Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors