Smart Water Metering Market Size, Segments, and Trends by 2028
Smart Water Metering Market: Strategic Insights
Smart Water Metering Market
-
CAGR (2023 - 2031)9.9% -
Market Size 2023
US$ 3.80 Billion -
Market Size 2031
US$ 7.36 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Water Scarcity and Misuse of Water
- Nonrevenue Water Monitoring and Control
- Increasing Number of Smart Water Meter Projects across Different Region
FUTURE TRENDS
- Increase in Demand for Smart Water Meters with Rise in Smart City Initiatives
OPPORTUNITIES
- Smart Irrigation Systems Through Smart Water Management
Key Players
- Arad Ltd
- Badger Meter Inc
- Bmeters SRL
- Diehl Stiftung Co KG
- Itron Inc
- Kamstrup AS
- Mueller Water Products Inc
- Neptune Technology Group Inc
- Sensus USA Inc
- WAVIoT Integrated Systems LLC
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type - AMI
- AMR
Component - Controlling Unit
- Display Storage and Integrated Software
End User - Residential
- Industrial
Meter Type - Ultrasonic Meters
- Electromagnetic Meters
- Electromechanical Meter
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