Global Smart Water Meter Market Growth 2023-2029

Global Smart Water Meter Market Growth 2023-2029

Smart water meter is a new type of water metering which uses modern micro electro technology, modern sensor technology, and smart IC card technology. It can not only measure water use, but can transfer water use data and settle trading.

LPI (LP Information)' newest research report, the “Smart Water Meter Industry Forecast” looks at past sales and reviews total world Smart Water Meter sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Water Meter sales for 2023 through 2029. With Smart Water Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Water Meter industry.

This Insight Report provides a comprehensive analysis of the global Smart Water Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Water Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smart Water Meter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Water Meter and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Water Meter.

The global Smart Water Meter market size is projected to grow from US$ 3150.9 million in 2022 to US$ 6287.8 million in 2029; it is expected to grow at a CAGR of 6287.8 from 2023 to 2029.

Global Smart Water Meter key players include Arad Group, Kamstrup, Xylem (Sensus), Badger Meter, Takahata Precison, etc. Global top five manufacturers hold a share over 40%.

Asia Pacific is the largest market, with a share over 35%, followed by Europe and North America, both have a share about 60%.

In terms of product, Electronics Type is the largest segment, with a share over 40%. And in terms of application, the largest application is Residential, followed by Commercial, Industrial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Water Meter market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Pre-Payment Electricity Meter

Remote Transmitting Water Meter

Electronics Meter

Segmentation by application

Industrial

Residential

Commercial

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Arad Technologies

Kamstrup

Takahata Precison

Neptune Technology Group

SenTec

Badger Meter

Xylem Inc

Aquiba

Itron

Elster

Johnson Valves

Datamatic

Sanchuan

Suntront

Integrated Electronic Systems Lab

Chongqing Smart Water Meter

Ningbo Water Meter

Wasion Group

Shenzhen Huaxu

Hunan Changde Water Meter Manufacturing

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Water Meter market?

What factors are driving Smart Water Meter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Water Meter market opportunities vary by end market size?

How does Smart Water Meter break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.