Product Code: GVR-4-68040-583-8
Smart Water Meters Market Size & Trends:
The global smart water meters market size was valued at USD 9051.3 million in 2024 and is expected to grow at a CAGR of 10.3% from 2025 to 2030. The smart water meters industry centers on advanced metering devices designed to provide accurate, real-time monitoring of water consumption.
Unlike traditional meters, smart water meters incorporate digital technology, sensors, and communication modules that enable remote data collection, leak detection, and usage alerts. These capabilities help utilities optimize water distribution, reduce losses, and improve billing accuracy, while empowering consumers to manage their water usage more efficiently.
Technological advancements such as integrating IoT, AI, and data analytics enhance the functionality of smart water meters, allowing for improved data accuracy, predictive maintenance, and operational efficiency. For instance, in February 2025, Coimbatore City Municipal Corporation announced plans to implement an IoT-based smart water distribution system to ensure equitable water supply across the 40 wards added to the city after 2011. Communication technologies such as Advanced Metering Infrastructure (AMI), Radio Frequency (RF), Power Line Communication (PLC), and Broadband Over Power Lines (BPL) facilitate seamless two-way communication between meters and utilities, reducing manual labor and operational costs.
Competitive dynamics in the smart water meters industry involve established multinational corporations and specialized regional players. Companies focus on innovation, sustainability, and strategic partnerships to enhance their product offerings and expand market reach. Efforts to develop recyclable materials and biodegradable components align with broader environmental goals. Collaborations between meter manufacturers and technology providers enable the creation of integrated solutions that meet evolving market needs and support efficient water management globally.
Global Smart Water Meter Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global smart water meters market report based on meter type, technology, application, and region.
- Meter Type Outlook (Revenue, USD Million, 2018 - 2030)
- Electromagnetic Meter
- Ultrasonic Meter
- Mechanical Meter
- Technology Outlook (Revenue, USD Million, 2018 - 2030)
- AMR
- AMI
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Smart Water Meters Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Smart Water Meters Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and Social landscape
- 3.3.2.3. Technological landscape
- 3.4. Pain Point Analysis
Chapter 4. Smart Water Meters Market: Meter Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Smart water meters market: Meter Type Movement Analysis, 2022 & 2030 (USD Million)
- 4.3. Electromagnetic Meter
- 4.3.1. Electromagnetic Meter Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Ultrasonic Meter
- 4.4.1. Ultrasonic Meter Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Mechanical Meter
- 4.5.1. Mechanical Meter Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Smart Water Meters Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Smart water meters market: Technology Movement Analysis, 2022 & 2030 (USD Million)
- 5.3. AMR
- 5.3.1. AMR Smart water meters market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. AMI
- 5.4.1. AMI Smart water meters market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Smart Water Meters Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Smart water meters market: Application Movement Analysis, 2022 & 2030 (USD Million)
- 6.3. Residential
- 6.3.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Commercial
- 6.4.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Industrial
- 6.5.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Smart Water Meters Market: Regional Estimates & Trend Analysis
- 7.1. Smart water meters market Share, By Region, 2022 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Smart water meters market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. UK Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Smart water meters market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. South Africa
- 7.6.2.1. South Africa Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. UAE
- 7.6.3.1. UAE Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. KSA
- 7.6.4.1. KSA Smart Water Meters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Heat Map Analysis
- 8.7. Strategy Mapping
- 8.8. Company Profiles/Listing
- 8.8.1. Aclara Technologies LLC. (Hubbell)
- 8.8.1.1. Participant's Overview
- 8.8.1.2. Financial Performance
- 8.8.1.3. Product Benchmarking
- 8.8.1.4. Recent Developments
- 8.8.2. BMETERS Srl
- 8.8.2.1. Participant's Overview
- 8.8.2.2. Financial Performance
- 8.8.2.3. Product Benchmarking
- 8.8.2.4. Recent Developments
- 8.8.3. Diehl Stiftung & Co. KG
- 8.8.3.1. Participant's Overview
- 8.8.3.2. Financial Performance
- 8.8.3.3. Product Benchmarking
- 8.8.3.4. Recent Developments
- 8.8.4. Datamatics Global Services Limited
- 8.8.4.1. Participant's Overview
- 8.8.4.2. Financial Performance
- 8.8.4.3. Product Benchmarking
- 8.8.4.4. Recent Developments
- 8.8.5. Honeywell International Inc
- 8.8.5.1. Participant's Overview
- 8.8.5.2. Financial Performance
- 8.8.5.3. Product Benchmarking
- 8.8.5.4. Recent Developments
- 8.8.6. Badger Meter, Inc.
- 8.8.6.1. Participant's Overview
- 8.8.6.2. Financial Performance
- 8.8.6.3. Product Benchmarking
- 8.8.6.4. Recent Developments
- 8.8.7. Itron Inc.
- 8.8.7.1. Participant's Overview
- 8.8.7.2. Financial Performance
- 8.8.7.3. Product Benchmarking
- 8.8.7.4. Recent Developments
- 8.8.8. Kamstrup A/S
- 8.8.8.1. Participant's Overview
- 8.8.8.2. Financial Performance
- 8.8.8.3. Product Benchmarking
- 8.8.8.4. Recent Developments
- 8.8.9. Landis+Gyr.
- 8.8.9.1. Participant's Overview
- 8.8.9.2. Financial Performance
- 8.8.9.3. Product Benchmarking
- 8.8.9.4. Recent Developments
- 8.8.10. Xylem (Sensus)
- 8.8.10.1. Participant's Overview
- 8.8.10.2. Financial Performance
- 8.8.10.3. Product Benchmarking
- 8.8.10.4. Recent Developments
- 8.8.11. Neptune Technology Group Inc.
- 8.8.11.1. Participant's Overview
- 8.8.11.2. Financial Performance
- 8.8.11.3. Product Benchmarking
- 8.8.11.4. Recent Developments
- 8.8.12. ZENNER International GmbH & Co. KG
- 8.8.12.1. Participant's Overview
- 8.8.12.2. Financial Performance
- 8.8.12.3. Product Benchmarking
- 8.8.12.4. Recent Developments