Water Meter Global Market Report 2024

Water Meter Global Market Report 2024 – By Product Type (Mechanical Water Meter, Smart Water Meter), By Application (Residential, Commercial, Industrial) – Market Size, Trends, And Global Forecast 2024-2033

Name: Water Meter Global Market Report 2024
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Water Meter Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 200 | Published : March 2024 | Delivery Time: 2-3 business days | Format : pdf

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Water Meter Market Definition

A water meter is a device that provides a measurement of water flowing through a pipe system or other outlet. Water meters are placed in a box, which is fitted underground or over the ground on public land. They generally feature automated meter reading technology.

The main types of water meters are mechanical water meters and smart water meters. A mechanical water meter performs flow measurement by measuring the speed of water flowing through the pipe that causes a piston or turbine to rotate. This device records the amount of water being used in the domestic connection for billing purposes. Smart water meter wirelessly communicates with a wide area network, enabling remote location monitoring and leak detection, which results in minimal water wastage. It has different meter type such as ultrasonic meter, electromagnetic meter, mechanical meter water meters that are applied to residential, commercial, and industrial.

Water Meter Market Segmentation

The water meter market covered in this report is segmented –

1) By Product Type: Mechanical Water Meter, Smart Water Meter

2) By Application: Residential, Commercial, Industrial

Global Water Meter Market Size 2023 to 2028: Graph

Water Meter Market Size 2024 And Growth Rate

The water meter market size has grown strongly in recent years. It will grow from $5.27 billion in 2023 to $5.57 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rising deployment of smart water meters, and supportive government initiatives..

Water Meter Market Growth Forecast

The water meter market size is expected to see strong growth in the next few years. It will grow to $7.16 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rising urbanization, increasing water usage, growing demand for replacement of old water meters, and rise in global population. Major trends in the forecast period include focus on launching ultrasonic smart water meters, partnerships and collaborations, installing wireless water meters, investing in 5g water meters, and mergers and acquisitions to improve their financial strength and product portfolio..

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Water Meter Market Driver: Rising Water Consumption Fuels Growth In The Water Meter Market

The increasing water consumption is expected to propel the growth of the water meter market in the forecast period. With the rise in population, water consumption is increasing day by day. Water consumption is defined as the amount of water that is not returned to the source after usage. Water meter affects the consumption of water as it charges the user as per the volume of water used and also provides easier detection of leakage in the water pipe which helps in less wastage of water. According to the Nature Partner journal, the global water demand is expected to increase to 20-30% more by the year 2050, which means that people are consuming groundwater without even knowing when it will run out. Therefore, increasing water consumption will drive the growth of the water meters market.

Water Meter Market Driver: Surge In Demand For Replacing Old Water Meters Drives Market Growth

The growing demand for the replacement of old water meters is expected to drive the water meter market during the forecast period. The old metering infrastructure is not sufficient to fulfill current requirements. There is an increasing need to replace old meters with new and advanced meters, to enhance efficiency and integrate state-of-the-art technologies. For example, The City of Richland Hills, Texas, US has begun a water meter replacement project to install residential and commercial water meters with an automatic (smart) meter reading system that is expected to begin in March 2023 and end in August 2023. Also, in January 2023, Kingsport, a city in Tennessee, US announced the next phase of water meter replacement projects to replace another 10,000 water meters over the next six months. The city hopes to have all the old meters replaced within the next couple of years. Therefore, the growing demand for the replacement of old water meters will support the growth of the water meter market.

Global Water Meter Market Major Players

Major companies operating in the water meter market report are Badger Meter Inc, Ningbo Water Meter Co Ltd, Roper Technologies Inc, Aichi Tokei Denki Co, Xylem Inc, Itron Inc, Diehl Stiftung & Co. KG, Mueller water products inc, Arad Group, Azbil Kimmon Co Ltd, Diehl Metering, Peltek, Apator, Schneider Electric, Siemens, Honeywell Elster, Aclara Technologies, Landis+Gyr, Sensus, Kamstrup, Jiangxi Sanchuan, Chongqing Smart Water Meter Group Co. Ltd, Hebei Yuanjiang Meters Co. Ltd, Ressam Hardware International Limited, Ningbo LongKang Intelligent Instrument Co. Ltd, Kaifeng flowmeter Instrument Co. Ltd, Tangshan Huizhong Instrumentation Co. Ltd, Hangzhou Powerkey Industries And Trade Co. Ltd, Landustrie Sneek BV, Royal Eijkelkamp, Delta-T Devices Ltd, Aerzener Maschinenfabrik, Fecosan S. QED Environmental Systems, iSAtech Wate, ZENNER International GmbH & Co, Sontex SA, B Meters Metering Solutions, Neptune Technology Group Inc, Agua y Saneamientos Argentinos, Star Measure, Accell Solutions - Unidade Americana, Bin Moosa & Daly Limited, Kamstrup Middle East FZC, DMC International, Alderley FZE, Halawa Tax Meter, Newterra Ltd, Spire Metering Technology, Idrica, Munters, Esli Water Treatment Company, Water Utility Solutions, Deelin Projects, Precision Meters (Pty) Ltd, Willz Plumbing, JCP Plumbing, Indecx Instrumentation, Flotron, Free Rain, Dayliff water meter, Maji Milele, Danco

Global Water Meter Market Trend: Iot-Enabled Water Meters Transforming Utility Management And Consumption Awareness

The launch of IoT-enable water meters by the companies is a key trend gaining popularity in the water meter market. The Internet of Things (IoT) is a system of interrelated objects which are connected via the internet and collect and transfer the data over a wireless network without the need for another human. IoT-enabled water meter allows the user to know the exact of water used and creates two-way communication between the provider and the user to share information. It also helps in saving and reducing energy, forecasting the water demand, and identifying leaks. For instance, Exozen and WAVIoT are companies that use IoT-based smart water meters. In June 2021, Indian smart water meter developer WEGoT and French IoT solution provider Kerlink entered into a partnership to launch a LoRaWAN-based water meter in India. This water meter will help utility companies to efficiently collect data and streamline operations to manage costs. The device inputs can integrate with third-party billing and ERP systems through a wide range of APIs. The device ensures that every drop of water consumed is accounted for, ensuring better servicing for utility companies and the quality of services for consumers.

Global Water Meter Market Trend: Strategic Investments In 5G Water Meters Pave The Way For Enhanced Connectivity And Efficiency

Companies operating in the water meter market are strategically investing in 5G water meters to lead the market. Smart meters can be connected to 5G network slices and automatically transmit meter readings to central servers. For example, in November 2021, Idrica, a Spain-based water technology company, developed the first 5G-NR (New Radio) device specifically for smart water metering based on 5G-NR technology for real-time remote readings of drinking water consumption. The equipment will be able to read consumption in real time, and detect events such as network failures and leaks much earlier. and resolve them faster.

Water Meter Market Merger And Acquisition: Badger Meter Enhances Water Quality Monitoring Capabilities With Analytical Technology Inc. Acquisition

In January 2021, Badger Meter Inc., a US-based manufacturer of metering products using flow measurement and control technologies acquired Analytical Technology Inc. for a deal amount of $44 million. The acquisition would enable Badger Meter Inc. with a robust, comprehensive, and scalable water quality monitoring offering that delivers real-time data on demand to industrial users and municipal water utilities. Analytical Technology Inc. is a US-based company that focuses on the manufacturing and distribution of water-quality instruments based on electrochemical and optical sensors.

Regional Analysis For The Global Water Meter Market

Asia-Pacific was the largest region in the water meter market in 2023. The regions covered in the water meter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the water meter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The water meter market consists of sales of water flow meter, residential water meter, automated water meter control system, water current meter, water activity meter Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The water meter market research report is one of a series of new reports from The Business Research Company that provides water meter market statistics, including water meter industry global market size, regional shares, competitors with a water meter market share, detailed water meter market segments, market trends and opportunities, and any further data you may need to thrive in the water meter industry. This water meter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Water Meter Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$5.57 billion
Revenue Forecast In 2033	$7.16 billion
Growth Rate	CAGR of 6.5% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Product Type: Mechanical Water Meter, Smart Water Meter 2) By Application: Residential, Commercial, Industrial
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Badger Meter Inc; Ningbo Water Meter Co Ltd; Roper Technologies Inc; Aichi Tokei Denki Co; Xylem Inc; Itron Inc; Diehl Stiftung & Co. KG; Mueller water products inc; Arad Group; Azbil Kimmon Co Ltd; Diehl Metering; Peltek; Apator; Schneider Electric; Siemens; Honeywell Elster; Aclara Technologies; Landis+Gyr; Sensus; Kamstrup; Jiangxi Sanchuan; Chongqing Smart Water Meter Group Co. Ltd; Hebei Yuanjiang Meters Co. Ltd; Ressam Hardware International Limited; Ningbo LongKang Intelligent Instrument Co. Ltd; Kaifeng flowmeter Instrument Co. Ltd; Tangshan Huizhong Instrumentation Co. Ltd; Hangzhou Powerkey Industries And Trade Co. Ltd; Landustrie Sneek BV; Royal Eijkelkamp; Delta-T Devices Ltd; Aerzener Maschinenfabrik; Fecosan S. QED Environmental Systems; iSAtech Wate; ZENNER International GmbH & Co; Sontex SA; B Meters Metering Solutions; Neptune Technology Group Inc; Agua y Saneamientos Argentinos; Star Measure; Accell Solutions - Unidade Americana; Bin Moosa & Daly Limited; Kamstrup Middle East FZC; DMC International; Alderley FZE; Halawa Tax Meter; Newterra Ltd; Spire Metering Technology; Idrica; Munters; Esli Water Treatment Company; Water Utility Solutions; Deelin Projects; Precision Meters (Pty) Ltd; Willz Plumbing; JCP Plumbing; Indecx Instrumentation; Flotron; Free Rain; Dayliff water meter; Maji Milele; Danco
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1. Executive Summary

2. Water Meter Market Characteristics

3. Water Meter Market Trends And Strategies

4. Water Meter Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Water Meter Market Size and Growth

5.1. Global Water Meter Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Water Meter Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Water Meter Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Water Meter Market Segmentation

6.1. Global Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Mechanical Water Meter

Smart Water Meter

6.2. Global Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Residential

Commercial

Industrial

7. Water Meter Market Regional And Country Analysis

7.1. Global Water Meter Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Water Meter Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Water Meter Market

8.1. Asia-Pacific Water Meter Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Water Meter Market

9.1. China Water Meter Market Overview

9.2. China Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Water Meter Market

10.1. India Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Water Meter Market

11.1. Japan Water Meter Market Overview

11.2. Japan Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Water Meter Market

12.1. Australia Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Water Meter Market

13.1. Indonesia Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Water Meter Market

14.1. South Korea Water Meter Market Overview

14.2. South Korea Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Water Meter Market

15.1. Western Europe Water Meter Market Overview

15.2. Western Europe Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Water Meter Market

16.1. UK Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Water Meter Market

17.1. Germany Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Water Meter Market

18.1. France Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Water Meter Market

19.1. Italy Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Water Meter Market

20.1. Spain Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Water Meter Market

21.1. Eastern Europe Water Meter Market Overview

21.2. Eastern Europe Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Water Meter Market

22.1. Russia Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Water Meter Market

23.1. North America Water Meter Market Overview

23.2. North America Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Water Meter Market

24.1. USA Water Meter Market Overview

24.2. USA Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Water Meter Market

25.1. Canada Water Meter Market Overview

25.2. Canada Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Water Meter Market

26.1. South America Water Meter Market Overview

26.2. South America Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Water Meter Market

27.1. Brazil Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Water Meter Market

28.1. Middle East Water Meter Market Overview

28.2. Middle East Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Water Meter Market

29.1. Africa Water Meter Market Overview

29.2. Africa Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Water Meter Market Competitive Landscape And Company Profiles

30.1. Water Meter Market Competitive Landscape

30.2. Water Meter Market Company Profiles

30.2.1. Badger Meter Inc

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Ningbo Water Meter Co Ltd

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Roper Technologies Inc

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Aichi Tokei Denki Co

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Xylem Inc

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Water Meter Market Other Major And Innovative Companies

31.1. Itron Inc

31.2. Diehl Stiftung & Co. KG

31.3. Mueller water products inc

31.4. Arad Group

31.5. Azbil Kimmon Co Ltd

31.6. Diehl Metering

31.7. Peltek

31.8. Apator

31.9. Schneider Electric

31.10. Siemens

31.11. Honeywell Elster

31.12. Aclara Technologies

31.13. Landis+Gyr

31.14. Sensus

31.15. Kamstrup

32. Global Water Meter Market Competitive Benchmarking

33. Global Water Meter Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Water Meter Market

35. Water Meter Market Future Outlook and Potential Analysis

35.1 Water Meter Market In 2028 - Countries Offering Most New Opportunities

35.2 Water Meter Market In 2028 - Segments Offering Most New Opportunities

35.3 Water Meter Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Water Meter Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Water Meter Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Badger Meter Inc Financial Performance

Table 52: Ningbo Water Meter Co Ltd Financial Performance

Table 53: Roper Technologies Inc Financial Performance

Table 54: Aichi Tokei Denki Co Financial Performance

Table 55: Xylem Inc Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Water Meter Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Water Meter Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Water Meter Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Water Meter Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Badger Meter Inc Financial Performance

Figure 52: Ningbo Water Meter Co Ltd Financial Performance

Figure 53: Roper Technologies Inc Financial Performance

Figure 54: Aichi Tokei Denki Co Financial Performance

Figure 55: Xylem Inc Financial Performance

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Frequently Asked Questions

What is the definition of the water meter market?

How will the water meter market drivers and restraints affect the water meter market dynamics? What forces will shape the water meter industry going forward?

The water meter market major growth driver - Rising Water Consumption Fuels Growth In The Water Meter Market. For further insights on the water meter market, request a sample here

What is the forecast market size or the forecast market value of the water meter market?

The water meter market size has grown strongly in recent years. It will grow from $5.27 billion in 2023 to $5.57 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rising deployment of smart water meters, and supportive government initiatives. . The water meter market size is expected to see strong growth in the next few years. It will grow to $7.16 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rising urbanization, increasing water usage, growing demand for replacement of old water meters, and rise in global population. Major trends in the forecast period include focus on launching ultrasonic smart water meters, partnerships and collaborations, installing wireless water meters, investing in 5g water meters, and mergers and acquisitions to improve their financial strength and product portfolio.. For further insights on the water meter market, request a sample here

How is the water meter market segmented?

The water meter market is segmented
1) By Product Type: Mechanical Water Meter, Smart Water Meter
2) By Application: Residential, Commercial, IndustrialFor further insights on the water meter market, request a sample here

Which region has the largest share of the water meter market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the water meter market in 2023. The regions covered in the water meter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the water meter market, request a sample here.

Who are the major players in the water meter market?

What are the key trends in the water meter market?

Major trend in the water meter market - Iot-Enabled Water Meters Transforming Utility Management And Consumption Awareness. For further insights on the water meter market, request a sample here.

What are the major opportunities in the water meter market? What are the strategies for the water meter market?

For detailed insights on the major opportunities and strategies in the water meter market, request a sample here.

How does the water meter market relate to the overall economy and other similar markets?

For detailed insights on water meter market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the water meter industry?

For detailed insights on the mergers and acquisitions in the water meter industry, request a sample here.

What are the key dynamics influencing the water meter market growth? SWOT analysis of the water meter market.

For detailed insights on the key dynamics influencing the water meter market growth and SWOT analysis of the water meter industry, request a sample here.