Smart Water Meter Market

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Smart Water Meter Market

• Smart Water Meter Market Size Worth USD 13.94
  Billion by 2034 CAGR 11.8
• Smart Water Meter Market Share, Size, Trends,
  Industry Analysis Report By Technology,
  Application (Water Utilities and Industries),
  Meter Type, Component, and Region (North America,
  Europe, Asia Pacific, Latin America, and Middle
  East Africa) Market Forecast, 20252034

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Smart Water Meter Market

• The global smart water meter market was valued at
  USD 4.57 billion in 2024. It is expected to grow
  from USD 5.10 billion in 2025 to USD 13.94
  billion by 2034, at a CAGR of 11.8 during the
  forecast period.
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Smart Water Meter Market

• Key Market Players
• Apator SA
• Arad Group
• Axioma Metering
• Badger Meter, Inc.
• Diehl Stiftung Co. KG
• Itron Inc.
• Kamstrup A/S
• Maddalena S.P.A
• Mom Zrt
• Sensus USA Inc. (Xylem Inc.)
• Suez Water Technologies Solutions
• Watertech S.P.A (Arad Group)
• Zenner International GmbH Co. KG

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Smart Water Meter Market

• Smart Water Meter Market Report Highlights
• In terms of application, the water utilities
  segment led the smart water meter market
  expansion in 2024, driven by the growing adoption
  of advanced metering infrastructure (AMI) by
  municipal water authorities.
• Based on meter type, the ultrasonic segment is
  anticipated to experience the fastest growth
  during the forecast period, owing to its high
  accuracy, durability, and maintenance-free
  operation.
• North America accounted for the largest share of
  smart water meter market revenue in 2024,
  supported by robust regulatory frameworks,
  advanced infrastructure, and widespread
  implementation of smart water management
  solutions.
• Asia Pacific is expected to see significant
  growth during the forecast period, fueled by
  rapid urbanization, population expansion, and
  rising concerns over water scarcity.
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