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Smart Water Metering Global Market Report 2025: Market Size, Growth Rate, Key Drivers and Trends
The smart water metering market is projected to grow rapidly, backed by aging infrastructures, environmental sustainability initiatives, and increasing interest in leveraging data analytics.What Is The Projected Market Size Of The Global Smart Water Metering Global Market Report 2025 And Its Growth Rate?
• The smart water metering market increased from $4.41 billion in 2024 to an estimated $5.02 billion in 2025 at a compound annual growth rate (CAGR) of 13.9%.
• The market size is expected to reach $8.36 billion in 2029, growing at a CAGR of 13.6% from 2025 to 2029.
• The growth is attributed to factors such as smart cities initiatives, remote monitoring, cloud computing, mobile apps, and cybersecurity concerns.
What Is Driving The Growth In The Smart Water Metering Global Market Report 2025?
Urbanization is a key factor driving the growth of the smart water metering market. As the population in urban areas increases, the demand for efficient resource management and reduced water wastage takes center stage. Smart water metering enables the provision of real-time data on water consumption, which aids in proactive maintenance of infrastructure and sustainable urban planning. For instance, in the United States, the population recorded in January 2022 was 332,403,650, showing an increase of 0.21% from 2021, further propelling the growth of the smart water metering market.
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Who Are the Key Players Driving Smart Water Metering Global Market Report 2025 Growth?
• Honeywell International Inc.
• Diehl Stiftung & Co KG
• Itron Inc.
• Landis+Gyr Group AG
• Aclara Technologies LLC
• Badger Meter Inc.
• Kamstrup A/S
• Arad Group
• Apator SA
• Zenner International GmbH & Co KG
• Sensus USA Inc.
• Axioma Metering
• Maddalena SpA
• INTEGRA Metering AG
• WAVIoT
• ket*os Digital Services Private Limited
• WaterSMART Solutions Ltd.
• MOM Zrt.
• BETAR Company
• WaterTech SpA
• Elster Group GmbH
• DH Metering Europe SA
• G. GIOANOLA Srl
• Hebei Shanghong Water Meters Technology Co Ltd.
• Smartflow Engineering Services Private Limited
• WEGoT Utility Solutions Pty. Ltd.
What Are The Key Trends In The Smart Water Metering Global Market Report 2025?
• Implementation of advanced sensor technologies
• Integration of blockchain in water management
• Adoption of edge computing
• Emergence of subscription-based models
• Integration with smart home technologies
What Are The Segments Of The Global Smart Water Metering Global Market Report 2025?
• By Meter Type: Ultrasonic Meter, Electromagnetic Meter, Mechanical Meter
• By Component: Information Technology (IT) Solutions, Communications, Meters And Accessories
• By Technology: Automatic Meter Reading, Advanced Meter Infrastructure
• By Application: Residential, Water Utilities, Industrial, Agricultural
Which Region Leads The Smart Water Metering Global Market Report 2025?
North America was the largest region in the smart water metering market in 2024. However, Asia-Pacific is projected to be the fastest-growing region for this market during the forecast period. Other regions covered in the smart water metering market report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered In The Smart Water Metering Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Smart Water Metering Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Smart Water Metering Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Smart Water Metering Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Smart Water Metering Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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