스마트 수도 미터 시장 보고서 : 제품 유형, 미터 유형, 구성 유형, 컴퍼넌트, 용도, 지역별(2025-2033년)

The global smart water meter market size reached USD 8.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 19.1 Billion by 2033, exhibiting a growth rate (CAGR) of 9.3% during 2025-2033. The market is experiencing steady growth driven by the growing concerns about water scarcity due to population growth, urbanization, and climate change, regulatory mandates and government policies to promote water conservation, and rising need for efficient water management.

Smart Water Meter Market Trends:

Growing water scarcity concerns

Water scarcity is a pressing global issue due to population growth, urbanization, and climate change. This concern is a significant driver for the smart water meter market. Smart water meters provide a solution to efficiently manage and conserve water resources. By offering real-time data on water consumption and leak detection, they empower utilities and consumers to take proactive measures to reduce water wastage. Governments and regulatory bodies worldwide are increasingly advocating for the adoption of smart water meters to address water scarcity challenges. This, in turn, is propelling the growth of the market, especially in regions prone to water shortages, as it aligns with sustainability goals and promotes responsible water management practices. As water scarcity is increasing, the demand for smart water meters is rising, making them a vital tool in ensuring sustainable water usage.

Regulatory mandates for water conservation

Regulatory mandates and government policies aimed at promoting water conservation play a crucial role in driving the smart water meter market. Many countries and regions are implementing strict regulations to monitor and reduce water consumption, especially in urban areas facing water stress. Smart water meters enable compliance with these regulations by providing accurate and timely data on water usage. They also facilitate fair billing practices, as consumers are billed based on their actual consumption, discouraging wasteful usage. In response to these regulatory pressures, utilities and municipalities are increasingly adopting smart water metering solutions to ensure compliance, avoid penalties, and demonstrate their commitment to sustainable water management. In addition, the need for regulatory compliance and the drive toward responsible water usage is impelling the growth of the market.

Efficient water management for utilities

The need for efficient water management is catalyzing the demand for smart water meters, particularly for water utilities and municipalities. Smart water meters offer utilities a powerful tool to optimize their operations and resources. These meters provide real-time data on water consumption, enabling utilities to detect leaks, identify unusual usage patterns, and plan maintenance more effectively. This leads to reduced water losses, lower operational costs, and improved service reliability. Additionally, the data collected by smart water meters can be used for demand forecasting, infrastructure planning, and informed decision-making. As utilities are striving to provide reliable water services while minimizing waste and operational expenses, the adoption of smart water meters is becoming increasingly appealing. Thus, the pursuit of efficient water management is bolstering the growth of the market.

Environmental sustainability initiatives

Environmental sustainability initiatives, both from public and private sectors, are driving the adoption of smart water meters. As people are becoming more conscious of environmental issues, there is a growing emphasis on reducing water wastage and conserving this precious resource. Smart water meters play a pivotal role in achieving these sustainability goals. They enable consumers to monitor their water usage in real-time, promoting conscious consumption and reducing water wastage. Additionally, by swiftly detecting leaks and irregularities, smart water meters prevent water loss, which aligns with sustainability objectives.

Smart Water Meter Industry Segmentation:

Breakup by Product:

Electromagnetic Meter

Ultrasonic Meter

Electromechanical Meter

Others

Electromechanical meter accounts for the majority of the market share

Breakup by Meter Type:

Smart Hot-Water Meter

Smart Cold-Water Meter

Smart cold-water meter holds the largest share in the industry

Breakup by Configuration Type:

Automated Meter Reading (AMR)

Advanced Metering Infrastructure (AMI)

Automated meter reading (AMR) represents the leading market segment

Breakup by Component:

Meters & Accessories

IT Solutions

Communication System

Meters and accessories represent the leading market segment

Breakup by Application:

Water Utilities

Commercial

Industrial

Residential

Residential represents the leading market segment

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

North America leads the market, accounting for the largest smart water meter market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

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)

Key Questions Answered in This Report

• 1. What was the size of the global smart water meter market in 2024?
• 2. What is the expected growth rate of the global smart water meter market during 2025-2033?
• 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?

Table of Contents

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