Global Smart Water Meter Market 2024-2028

Smart Water Meter Market 2024-2028


The smart water meter market is forecasted to grow by USD 3475.3 mn during 2023-2028, accelerating at a CAGR of 11.07% during the forecast period. The report on the smart water meter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing support from government for smart water meter installations, growing need for water conservation, and launch of new smart water meters.

Technavio's smart water meter market is segmented as below:
  • By Technology
  • AMI
  • AMR
  • By End-user
  • Residential
  • Commercial
  • By Geographical Landscape
  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • South America
This study identifies the rapid urbanization growth as one of the prime reasons driving the smart water meter market growth during the next few years. Also, environmental concerns boosting demand for smart water meters and merger and acquisition among vendors will lead to sizable demand in the market.

The report on the smart water meter market covers the following areas:
  • Smart water meter market sizing
  • Smart water meter market forecast
  • Smart water meter market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart water meter market vendors that include ABB Ltd., Badger Meter Inc., Electronet Equipments Pvt. Ltd., Everest Sanitation, Genus Power Infrastructures, Hangzhou Laison Technology Co., Ltd., Holley Technology Ltd., Honeywell International Inc., Itron Inc., Kamstrup AS, Kritsnam Technologies Pvt Ltd, Lakshmi Electrical Control Systems Ltd., Landis Gyr AG, Peltek India, Silicon Laboratories Inc., SUEZ SA, Syensqo SA, WEGOT Utility Solutions Pvt Ltd., Wenling Younio Water Meter Co.Ltd, and Xylem Inc.. Also, the smart water meter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global Smart Water Meter Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global Smart Water Meter Market 2018 - 2022 ($ million)
    • Technology segment analysis 2018 - 2022
    • End-user segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Additional Value/Volume Data
    • Global smart water meter market by AMI Technology by Component 2023 - 2028 ($ million)
      • Table Market Size (value) - Data Table on Global smart water meter market by AMI Technology by Component 2023 - 2028 ($ million)
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Technology
    • Market segments
      • Table Data Table on Technology - Market share 2023-2028 (%)
    • Comparison by Technology
      • Table Data Table on Comparison by Technology
    • AMI - Market size and forecast 2023-2028
      • Table Data Table on AMI - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on AMI - Year-over-year growth 2023-2028 (%)
    • AMR - Market size and forecast 2023-2028
      • Table Data Table on AMR - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on AMR - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Technology
      • Table Data Table on Market opportunity by Technology ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Residential - Market size and forecast 2023-2028
      • Table Data Table on Residential - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Residential - Year-over-year growth 2023-2028 (%)
    • Commercial - Market size and forecast 2023-2028
      • Table Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Commercial - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Data Table on Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • APAC - Market size and forecast 2023-2028
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023-2028
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Canada - Market size and forecast 2023-2028
      • Table Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • France - Market size and forecast 2023-2028
      • Table Data Table on France - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on France - Year-over-year growth 2023-2028 (%)
    • Spain - Market size and forecast 2023-2028
      • Table Data Table on Spain - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Spain - Year-over-year growth 2023-2028 (%)
    • Italy - Market size and forecast 2023-2028
      • Table Data Table on Italy - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Italy - Year-over-year growth 2023-2028 (%)
    • Australia - Market size and forecast 2023-2028
      • Table Data Table on Australia - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Australia - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Increasing support from government for smart water meter installations
      • Growing need for water conservation
      • Launch of new smart water meters
    • Market challenges
      • High implementation and maintenance costs of smart water meters
      • Lack of sufficient infrastructure to support smart metering
      • Technical challenges associated with smart water metering
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Rapid urbanization growth
      • Environmental concerns boosting demand for smart water meters
      • Merger and acquisition among vendors
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • ABB Ltd.
    • Badger Meter Inc.
    • Electronet Equipments Pvt. Ltd.
    • Genus Power Infrastructures
    • Holley Technology Ltd.
    • Honeywell International Inc.
    • Itron Inc.
    • Kamstrup AS
    • Landis Gyr AG
    • Peltek India
    • Silicon Laboratories Inc.
    • SUEZ SA
    • Syensqo SA
    • WEGOT Utility Solutions Pvt Ltd.
    • Xylem Inc.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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