Water Meter Market, By Type (Rotary Piston, Single Jet, Multi Jet, Woltman, Combination, Electromagnetic, Ultrasonic), By Application(Residential, Commercial and Industrial),and by Region (North America, Latin America, Europe, APAC and MEA) - Size, Share,

Water Meter Market, By Type (Rotary Piston, Single Jet, Multi Jet, Woltman, Combination, Electromagnetic, Ultrasonic), By Application(Residential, Commercial and Industrial),and by Region (North America, Latin America, Europe, APAC and MEA) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Water meter is a device utilized to measure the volume of water used in residential and commercial buildings supplied with water systems. Water meters have different sizes and shapes depending upon the volume of water passing through the pipe. Smart water meters are the advanced water meters provided with communication capabilities which is used to send readings directly to the supplier. Smart water minimizes the requirement of manual meter reading and send reading to the supplier for billing purposes. Water meters also find applications at the water system which is used to determine flow through a particular region of the system. Conventional water meters do not provide communication capabilities, hence manual readings are required to be taken. Moreover, smart meters possess communication capabilities which is used to provide water consumption readings directly to the supplier through a secure communication network.
Market Dynamics
Rapid urbanization and water scarcity enforced water utilities to adopt smart solutions that will increase efficiency and optimization. Smart water provides utilities recover costs, sustain water infrastructure, ensure optimized distribution, reduce wastage, improve system and resource efficiency, and provide customers with accurate and secure billing. Smart communication solutions such as LPWAN networks, cloud-based data analytics and software solutions are expected to drive the growth of this market. LPWAN has provided with automated meter reading (AMR) and automated metering infrastructure (AMI). Automated meter reading provides one-way communication between the meter and the water utility and also automated metering infrastructure provides two way communication between the meter and the water utility.
According to UN-Water, the United Nations inter-agency coordination mechanism for all freshwater-related issues, including sanitation, by 2025 around 1.8 billion people around the world will be living in regions with absolute water scarcity and approximately two-thirds of the global population is expected to be under stress conditions. In order to avoid these situations, numerous programs have been undertaken at global level such as the UN’s Water for Life Decade 2005-2015 and the United Nations Educational, Scientific and Cultural Organization’s (UNESCO) World Water Assessment Programme (WWAP). Hence, these factors are expected to boost the global water meter market growth during the forecast period.

Market Taxonomy
This report segments the global water meter market on the basis of by type, by application, and region. On the basis of type, global water meter market is segmented into rotary piston, single jet, multi jet, woltman, combination, electromagnetic, ultrasonic. On the basis of application, the water meter market is segmented into residential, commercial and industrial. On the basis of region, global water meter market is segmented into North America, Latin America, Europe, APAC, Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the global water meter market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global water meter market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global CMOS Power Amplifier Market includes Diehl Stiftung & Co. KG, Jiaxing Eastron Electronic Instruments Co., Ltd, Azbil Kimmon Co., Ltd., NINGBO WATER METER CO., LTD., Badger Meter, Inc., Elster Group GmbH, Plata Meter Co., Ltd, Master Meter, Inc., Mueller Systems, LLC, Neptune Technology Group Inc., ZENNER International GmbH & Co. KG, Gioanola S.R.L., Sensus (Xylem Inc.), Aichi Tokei Denki Co., Ltd, Kamstrup A/S, Apator SA, Maddalena Spa, Arad Group, Fedrel Meter, and Itron Inc.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global water meter market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global boat steering system market.
Detailed Segmentation:
Global Water Meter Market, By Type:
Rotary Piston
Single Jet
Multi Jet
Woltman
Combination
Electromagnetic
Ultrasonic

Global Water Meter Market, By Application:
Residential
Commercial
Industrial
Global Water Meter Market, By Region:
North America
Latin America
Europe
APAC
Middle East and Africa

Company Profiles
Diehl Stiftung & Co. KG *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Jiaxing Eastron Electronic Instruments Co., Ltd
Azbil Kimmon Co., Ltd.
NINGBO WATER METER CO., LTD.
Badger Meter, Inc.
Elster Group GmbH
Plata Meter Co., Ltd
Master Meter, Inc.
Mueller Systems, LLC
Neptune Technology Group Inc.
ZENNER International GmbH & Co. KG
Gioanola S.R.L.,
Sensus (Xylem Inc.),
Aichi Tokei Denki Co., Ltd
Kamstrup A/S
Apator SA
Maddalena Spa
Arad Group
Fedrel Meter
Itron Inc.

*Browse all the market data tables and figures on “Global Water Meter Market- Forecast to 2027”