Global Water Meter Market Growth 2023-2029

Global Water Meter Market Growth 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global 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 Water Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Water Meter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Water Meter.

The global Water Meter market size is projected to grow from US$ 5741.3 million in 2022 to US$ 8524.7 million in 2029; it is expected to grow at a CAGR of 8524.7 from 2023 to 2029.

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.

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

Market Segmentation:

Segmentation by type

Mechanical Water Meter

Smart Water Meter

Segmentation by application

Residential

Commercial/Industrial

Utility

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.

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

Key Questions Addressed in this Report

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

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

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

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

How does 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.