Press release
Water Metering Market Outlook 2025-2037: Top Player - Arad Group, Azbil Kimmon Co., Ltd., Badger Meter, Inc., Diehl Stiftung & Co. KG
Water Metering Market
According to a recent study by Research Nester, the global water metering market size is projected to cross USD 31.79 billion by 2037, expanding at a CAGR of 4.7% during the forecast period 2025-2037.
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Rising Smart Infrastructure and Water Conservation Efforts to Propel Market Growth
The water metering market is expanding due to the escalating focus on optimal water usage and its management. As the global population grows, governments are increasingly requiring the use of new and sophisticated water metering systems to reduce water wastage in the utilities sector. Smart water meters IoT and real time data analytics are the new way of monitoring and billing water consumption. The increased focus on urbanization and smart city projects across the world is creating a need for new and improved metering solutions. In addition, utilities are paying much attention to decreasing the non-revenue water (NRW) through proper consumption measurement and leakage identification. The trends of sustainable infrastructure and digital transformation are the main factors that can be beneficial for the water metering industry.
Key Drivers and Challenges Impacting the Water Metering Market
Growth Drivers:
• Rising adoption of IoT-enabled smart water meters for accurate consumption monitoring.
• Government-led initiatives promoting water conservation and sustainable usage.
• Growing implementation of smart city projects featuring advanced metering infrastructure.
• Increasing demand for prepaid and customized metering solutions in developing regions.
Challenges:
• High installation and deployment costs of advanced metering systems.
• Lack of infrastructure to support smart metering technology in underdeveloped areas.
• Privacy and data security concerns associated with IoT-based systems.
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The smart meter segment is expected to hold a market share of 93.4% by 2037 due to its usage in residential and small commercial establishments. Due to its small size, low cost, and suitability in low-flow systems, this device is suitable for use in individual homes and small water consumers. This segment is buoyed by increasing urban housing construction and increased need for accurate water usage in high-density residential areas. New manufacturing technologies have also enhanced the quality and the longevity of 15mm meters thus reducing the frequency of maintenance expenditure. This meter size is expected to have a steady demand in both developing and developed markets as utilities work to ensure that water is distributed fairly and bills are precise.
Asia Pacific water metering market is expected to expand at a share of 37.3% during the forecast period from 2025 to 2037 due to the rising investments in water infrastructure and smart cities. In the U.S., measures to prevent water wastage and enhance efficiency in water utilities are the main growth factors. The use of smart water meters with data analytics features enables efficient billing and water usage. The enhanced focus on water efficiency and usage of IoT in utility management also drive the growth of the market in Canada. The region's emphasis on the use of advanced metering technologies makes North America the world's leading market for water metering systems and infrastructure.
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The water metering market is fragmented wherein key players are targeting to develop new products, enhance technology, and form strategic alliances in order to gain a competitive edge in the market. The market is currently controlled by key players like Arad Group, Azbil Kimmon Co., Ltd., Badger Meter, Inc., Diehl Stiftung & Co. KG, George Kent (Malaysia), Berhad, Honeywell International Inc., Itron Inc., Kamstrup, Landis+Gyr, and Neptune Technology Group Inc. These firms are also using R&D to bring in smart metering solutions that include AI, IoT, and PA. Partnerships with utilities and governments enable these companies to increase their market reach and improve customer interactions. As more and more water management organizations turn to sustainable and IoT-based water metering systems, these companies are in the vanguard of the shift in the global water management space.
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Corporate Sales, USA
Research Nester
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About Research Nester
Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.
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