Smart water meter is a new type of water metering which uses modern micro electro technology, modern sensor technology, and smart IC card technology. It can not only measure water use, but can transfer water use data and settle trading.
According to our (Global Info Research) latest study, the global Smart Water Meters market size was valued at USD 3314.2 million in 2022 and is forecast to a readjusted size of USD 6283.9 million by 2029 with a CAGR of 9.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Smart Water Meters key players include Arad Group, Kamstrup, Xylem (Sensus), Badger Meter, Takahata Precison, etc.Global top five manufacturers hold a share over 30%.
Asia Pacific is the largest market, with a share about 45%, followed by Europe, and North America, both have a share over 50 percent.
In terms of product, Remote transmitting is the largest segment, with a share over 40%. And in terms of application, the largest application is Residential, followed by Commercial, Industrial.
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This report is a detailed and comprehensive analysis for global Smart Water Meters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market segment by Type
Pre-payment Electricity Meter
Remote Transmitting Water Meter
Electronics Meter
Market segment by Application
Residential
Industrial
Commercial
Major players covered
Arad Group
Kamstrup
Xylem (Sensus)
Badger Meter
Takahata Precison
Diehl Metering
Itron
Neptune Technology Group
Honeywell (Elster)
B METERS
Sanchuan
Suntront
iESLab
Chongqing Intelligence
Ningbo Water Meter
Wasion Group
Shenzhen Huaxu
Hunan Changde
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