Smart Water Meter Market Size Growth, & Industry Share 2025

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Smart Water Meter Market to 2025 - Global Analysis and Forecasts by Types (Automatic Meter Reader and Advanced Metering Infrastructure); Components (Controlling Units, Display Storage & Integrated Software, and Others); and Applications (Residential, Industrial)

Publication Month: Jun 2018 | Report Code: TIPTE100000347 | No. of Pages: No. of Pages144 | Category: Electronics and Semiconductor | Status: Published

The smart water meter market was valued at US$ 1,506.2 million in 2017 and is projected to reach US$ 3,832 million by 2025; it is expected to grow at a CAGR of 12.4% during 2018–2025.

The majority of the world is facing an acute water scarcity pertaining to various factors such as illegal water tapping, pipeline tampering, and leakage. Other factors including rapid urbanization and aging infrastructure is also a key factor behind water scarcity. Water providers and water utilities are constantly adopting various technologies in order to supply adequate quantity of water to every area, along with reducing the operational costs, managing assets as well as supporting conservation. The population is growing at an exponential rate across the globe and owing to the growth rate, the demand for water is anticipated to grow certainly. With an objective to supply the required or demanded quantity of water, the water providers or utilities are upgrading their traditional water metering systems with new advanced technologies including automatic meter readers or advanced metering infrastructure. Among the end users, residential sector in developed countries and developing economies is adopting the technologically enriched water meters in order to monitor and check the water consumption pattern. The smart water meters market also facilitate the residential areas by alarming in case of pipeline leakage, tampering efforts, reverse flow, thereby reducing water loss and associated loss. The industrial sector is also upgrading their water meters with intelligent water meters as these smart technologies help the industries to understand the quantity of water allotted to them, quantity of water supplied at the end and quantity of water billed at the end of the time period. In order to reduce non-revenue water bill generation, the industries are increasingly procuring these smart water meters, thereby helping the market to propel over the years.

Lucrative Regions for Smart Water Meter Market

Lucrative Regions for Smart Water Meter Market

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Market Insights– Smart Water Meter Market

Increasing Water Scarcity and Misuse of Water

The technological advancements in the field of water conservation is a major progress to fight water scarcity. Various governments of developed and developing regions across the globe are constantly increasing their interest in adopting these robust technologies to provide an adequate quantity of water to the mass. In addition, various private organizations are also striving hard to implement technologically enriched smart water management systems to cope up with water scarcity problems across the globe. Thus, water scarcity and demand for proper maintenance of water consumption pattern is increasing the adoption of smart water meters thereby bolstering the market for smart water meter and this trend is to foreseen to continue in the future.

Types Segment Insights

The smart water meter market is bifurcated on basis of types such as automatic meter reader (AMR) and advanced metering infrastructure (AMI).The automatic meter reader (AMR) accounted for the largest share in the global market share in 2017. The automatic meter readers are the conventional mechanism used to identify water leakage and illegal water tapping, while advanced metering infrastructure is an advanced wireless technology that is used for the same purpose. The automatic meter reading technology is heavily deployed in the various regions across the globe, while, the advanced metering infrastructure is gaining prominence in the current scenario.

Component Segment Insights

The smart water meter market is segmented on basis of components as controlling units, displays, storage & integrated software, and others. The others segment includes communication units, power source, power components, and connectors among others. The controlling units segment accounted for the largest share in the global market share in 2017.

The technological advancements in controlling units of smart water meters, is expected to impact positively on the adoption rate of intelligent water meters in the coming years.


Strategic Insights

Report Coverage - Smart Water Meter Market
Report CoverageDetails
Market Size Value inUS$ 1,506.2 Million in 2017
Market Size Value byUS$ 3,832 Million by 2025
Growth rateCAGR of 12.4% from 2018-2025
Forecast Period2018-2025
Base Year2017
No. of Pages144
No. of Tables16
No. of Charts & Figures68
Historical data availableYes
Segments coveredTypes ; Components ; and Applications
Regional scopeNorth America; Europe; Asia Pacific; Latin America; MEA
Country scopeUS, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available

The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.

  • In 2018, Neptune Technology launched its new- Neptune 360 Software Management Solution. This new platform is designed completely for the exclusive requirement of water utilities. This system is manageable anywhere, anytime via Internet connection, and all the information is presented within a second.
  • In 2018, Badger Meter showcased next generation E-Series Ultrasonic meters designed for commercial purpose. The meters are developed to deliver long-term reliability and high measurement accuracy.

The Global Smart Water Meter Market has been Segmented as Follows:


Smart Water Meter Market– by Type

  • Automatic Meter Reader (AMR)
  • Advanced Metering Infrastructure (AMI)

Smart Water Meter Market – by Components

  • Controlling Units
  • Display, Storage &Integrated Software
  • Others

Smart Water Meter Market – by End User

  • Industrial
  • Residential

Smart Water Meter Market –by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • Spain
    • UK
  • Asia Pacific (APAC)

    • Australia
    • China
    • India
    • Japan
  • Middle East & Africa (MEA)

    • South Africa
    • UAE
    • Saudi Arabia
  • South America (SAM)

    • Brazil

Smart Water Meter Market –Companies Profiles

  • Diehl Metering GmbH
  • Kamstrup A/S
  • Mueller Water Products, Inc.
  • Badger Meter, Inc.
  • Itron, Inc.
  • Aclara Technologies LLC
  • Neptune Technology Group Inc.
  • Sensus
  • ARAD Group
  • Elster Group GmbH

The List of Companies - Smart Water Meter Market

1. ARAD Group
2. DIEHL Metering Group.
3. Elster
4. Kamstrup A/S
5. Mueller
6. Sensus
7. Neptune Technologies 
8. Badger Meters
9. Itron
10. Aclara Technologies LLC.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global smart water meter market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the smart water meter market, thereby allowing players across the value chain to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
  • Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
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