[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Smart Water Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 146 pages | ID: S924C4DBDF05EN
IMARC Group

US$ 2,499.00

E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global smart water meter market size reached US$ 7.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.1 Billion by 2028, exhibiting a growth rate (CAGR) of 11.1% during 2023-2028.

Owing to rapid urbanization and the rising global population, there has been an increase in the demand for water around the world. As a result, the conventionally used analog metering systems are gradually being replaced by smart water meters. This can be attributed to their ability to offer instant and real-time information about water consumption to individuals and the authorities. In addition to this, these meters help in reducing the overall labor cost, keeping track of the exact usage of water and offering a relatively more accurate billing with the ability to detect thefts. Smart water meters also aid water utilities in monitoring consumer usage and adjusting the prices as per the season or time of the day.

At present, the demand for smart water meters is escalating across the globe as they enable users to conserve water. In addition to this, these meters are tamper-proof and allow utilities to remotely cut-off water supply in case of overdue bills. Moreover, governments in numerous countries are undertaking initiatives to ensure that every household and business firm is offered a smart meter. Some of the other factors that are impelling the market growth include the easy availability of smart water meters, the growing popularity of the Internet of Things (IoT)-based devices, and the development of smart cities across the globe. Furthermore, the development of LPWA (low power wide area) network technologies that provide enhanced coverage and connectivity for smart water meters is anticipated to strengthen the growth of the market in upcoming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart water meter market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, meter type, configuration type, component and application.

Breakup by Product:

Electromagnetic Meter
Ultrasonic Meter
Electromechanical Meter
Others

Breakup by Meter Type:

Smart Hot-Water Meter
Smart Cold-Water Meter

Breakup by Configuration Type:

Automated Meter Reading (AMR)
Advanced Metering Infrastructure (AMI)

Breakup by Component:

Meters & Accessories
IT Solutions
Communication System

Breakup by Application:

Water Utilities
Commercial
Industrial
Residential

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Badger Meter, Kamstrup A/S, Diehl Stiftung & Co. KG, Landis+Gyr, Aclara Technologies LLC (Hubbell Incorporated), Sensus Worldwide Holdings Limited (Xylem Inc.), Itron Inc., Zenner International GmbH & Co. KG, Neptune Technology Group (Roper Technologies), etc.

Key Questions Answered in This Report
1. What was the size of the global smart water meter market in 2022?
2. What is the expected growth rate of the global smart water meter market during 2023-2028?
3. What are the key factors driving the global smart water meter market?
4. What has been the impact of COVID-19 on the global smart water meter market?
5. What is the breakup of the global smart water meter market based on the product?
6. What is the breakup of the global smart water meter market based on the meter type?
7. What is the breakup of the global smart water meter market based on configuration type?
8. What is the breakup of the global smart water meter market based on the component?
9. What is the breakup of the global smart water meter market based on the application?
10. What are the key regions in the global smart water meter market?
11. Who are the key players/companies in the global smart water meter market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL SMART WATER METER MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT

6.1 Electromagnetic Meter
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Ultrasonic Meter
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Electromechanical Meter
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Others
  6.4.1 Market Trends
  6.4.2 Market Forecast

7 MARKET BREAKUP BY METER TYPE

7.1 Smart Hot-Water Meter
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Smart Cold-Water Meter
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY CONFIGURATION TYPE

8.1 Automated Meter Reading (AMR)
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Advanced Metering Infrastructure (AMI)
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY COMPONENT

9.1 Meters & Accessories
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 IT Solutions
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Communication System
  9.3.1 Market Trends
  9.3.2 Market Forecast

10 MARKET BREAKUP BY APPLICATION

10.1 Water Utilities
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Commercial
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 Industrial
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4 Residential
  10.4.1 Market Trends
  10.4.2 Market Forecast

11 MARKET BREAKUP BY REGION

11.1 North America
  11.1.1 United States
    11.1.1.1 Market Trends
    11.1.1.2 Market Forecast
  11.1.2 Canada
    11.1.2.1 Market Trends
    11.1.2.2 Market Forecast
11.2 Asia Pacific
  11.2.1 China
    11.2.1.1 Market Trends
    11.2.1.2 Market Forecast
  11.2.2 Japan
    11.2.2.1 Market Trends
    11.2.2.2 Market Forecast
  11.2.3 India
    11.2.3.1 Market Trends
    11.2.3.2 Market Forecast
  11.2.4 South Korea
    11.2.4.1 Market Trends
    11.2.4.2 Market Forecast
  11.2.5 Australia
    11.2.5.1 Market Trends
    11.2.5.2 Market Forecast
  11.2.6 Indonesia
    11.2.6.1 Market Trends
    11.2.6.2 Market Forecast
  11.2.7 Others
    11.2.7.1 Market Trends
    11.2.7.2 Market Forecast
11.3 Europe
  11.3.1 Germany
    11.3.1.1 Market Trends
    11.3.1.2 Market Forecast
  11.3.2 France
    11.3.2.1 Market Trends
    11.3.2.2 Market Forecast
  11.3.3 United Kingdom
    11.3.3.1 Market Trends
    11.3.3.2 Market Forecast
  11.3.4 Italy
    11.3.4.1 Market Trends
    11.3.4.2 Market Forecast
  11.3.5 Spain
    11.3.5.1 Market Trends
    11.3.5.2 Market Forecast
  11.3.6 Russia
    11.3.6.1 Market Trends
    11.3.6.2 Market Forecast
  11.3.7 Others
    11.3.7.1 Market Trends
    11.3.7.2 Market Forecast
11.4 Latin America
  11.4.1 Brazil
    11.4.1.1 Market Trends
    11.4.1.2 Market Forecast
  11.4.2 Mexico
    11.4.2.1 Market Trends
    11.4.2.2 Market Forecast
  11.4.3 Others
    11.4.3.1 Market Trends
    11.4.3.2 Market Forecast
11.5 Middle East and Africa
  11.5.1 Market Trends
  11.5.2 Market Breakup by Country
  11.5.3 Market Forecast

12 SWOT ANALYSIS

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 VALUE CHAIN ANALYSIS

14 PORTERS FIVE FORCES ANALYSIS

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 PRICE INDICATORS

16 COMPETITIVE LANDSCAPE

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
  16.3.1 Badger Meter
    16.3.1.1 Company Overview
    16.3.1.2 Product Portfolio
    16.3.1.3 Financials
    16.3.1.4 SWOT Analysis
  16.3.2 Kamstrup A/S
    16.3.2.1 Company Overview
    16.3.2.2 Product Portfolio
  16.3.3 Diehl Stiftung & Co. KG
    16.3.3.1 Company Overview
    16.3.3.2 Product Portfolio
  16.3.4 Landis+Gyr
    16.3.4.1 Company Overview
    16.3.4.2 Product Portfolio
    16.3.4.3 SWOT Analysis
  16.3.5 Aclara Technologies LLC (Hubbell Incorporated)
    16.3.5.1 Company Overview
    16.3.5.2 Product Portfolio
  16.3.6 Sensus Worldwide Holdings Limited (Xylem Inc.)
    16.3.6.1 Company Overview
    16.3.6.2 Product Portfolio
    16.3.6.3 SWOT Analysis
  16.3.7 Itron Inc.
    16.3.7.1 Company Overview
    16.3.7.2 Product Portfolio
    16.3.7.3 Financials
    16.3.7.4 SWOT Analysis
  16.3.8 Zenner International GmbH & Co. KG
    16.3.8.1 Company Overview
    16.3.8.2 Product Portfolio
  16.3.9 Neptune Technology Group (Roper Technologies)
    16.3.9.1 Company Overview
    16.3.9.2 Product Portfolio
    16.3.9.3 SWOT Analysis

LIST OF TABLES

Table 1: Global: Smart Water Meter Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Smart Water Meter Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Smart Water Meter Market Forecast: Breakup by Meter Type (in Million US$), 2023-2028
Table 4: Global: Smart Water Meter Market Forecast: Breakup by Configuration Type (in Million US$), 2023-2028
Table 5: Global: Smart Water Meter Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 6: Global: Smart Water Meter Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 7: Global: Smart Water Meter Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Smart Water Meter Market: Competitive Structure
Table 9: Global: Smart Water Meter Market: Key Players

LIST OF FIGURES

Figure 1: Global: Smart Water Meter Market: Major Drivers and Challenges
Figure 2: Global: Smart Water Meter Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Smart Water Meter Market: Breakup by Product (in %), 2022
Figure 4: Global: Smart Water Meter Market: Breakup by Meter Type (in %), 2022
Figure 5: Global: Smart Water Meter Market: Breakup by Configuration Type (in %), 2022
Figure 6: Global: Smart Water Meter Market: Breakup by Component (in %), 2022
Figure 7: Global: Smart Water Meter Market: Breakup by Application (in %), 2022
Figure 8: Global: Smart Water Meter Market: Breakup by Region (in %), 2022
Figure 9: Global: Smart Water Meter Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 10: Global: Smart Water Meter (Electromagnetic Meter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Smart Water Meter (Electromagnetic Meter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Smart Water Meter (Ultrasonic Meter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Smart Water Meter (Ultrasonic Meter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Smart Water Meter (Electromechanical Meter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Smart Water Meter (Electromechanical Meter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Smart Water Meter (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Smart Water Meter (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Smart Water Meter (Smart Hot-Water Meter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Smart Water Meter (Smart Hot-Water Meter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Smart Water Meter (Smart Cold-Water Meter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Smart Water Meter (Smart Cold-Water Meter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Smart Water Meter (Automated Meter Reading- AMR) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Smart Water Meter (Automated Meter Reading- AMR) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Smart Water Meter (Advanced Metering Infrastructure- AMI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Smart Water Meter (Advanced Metering Infrastructure- AMI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Smart Water Meter (Meters & Accessories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Smart Water Meter (Meters & Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Smart Water Meter (IT Solutions) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Smart Water Meter (IT Solutions) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Smart Water Meter (Communication Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Smart Water Meter (Communication Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Smart Water Meter (Water Utilities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Smart Water Meter (Water Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Smart Water Meter (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Smart Water Meter (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Smart Water Meter (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Smart Water Meter (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Smart Water Meter (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Smart Water Meter (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: North America: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: North America: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: United States: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: United States: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Canada: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Canada: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Asia Pacific: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Asia Pacific: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: China: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: China: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Japan: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Japan: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: India: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: India: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: South Korea: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: South Korea: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Australia: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Australia: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Indonesia: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Indonesia: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Others: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Others: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Europe: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Europe: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Germany: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Germany: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: France: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: France: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: United Kingdom: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: United Kingdom: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Italy: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Italy: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Spain: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Spain: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Russia: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Russia: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Latin America: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Latin America: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Brazil: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Brazil: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Mexico: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Mexico: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Middle East and Africa: Smart Water Meter Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Middle East and Africa: Smart Water Meter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Smart Water Meter Industry: SWOT Analysis
Figure 89: Global: Smart Water Meter Industry: Value Chain Analysis
Figure 90: Global: Smart Water Meter Industry: Porter’s Five Forces Analysis


More Publications