Global Smart Water Metering market to 2027 | Growing at CAGR of 11.6%

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Smart Water Metering Market by Meter type
(Ultrasonic, Electromagnetic, Smart Mechanical),
Application (Water Utilities, Industries),
Technology (AMI, AMR), Component (Meter
Accessories, Communications) and Region - Global
Forecast to 2027
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The Smart Water Metering market is expected to
grow at a CAGR of 11.6 during the forecast
period, from an estimated USD 3.7 billion in 2022
to USD 6.4 billion in 2027. The rising urban
population is creating opportunities for the
development of smart cities, which ultimately is
driving the demand for smart water metering
infrastructure development on a larger scale.
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The water utilities segment, by application, is
expected to be the most significant smart water
metering segment during the forecast period.
The water utilities segment accounts for the
largest share of the global smart water metering
market. The water grid used for the distribution
of water is a key part of water utilities
infrastructure. Currently, water utilities are
concerned about leakage detection and prevention,
which results in large volumes of water loss.
Significant developments in smart metering
infrastructure is driving the market growth.
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AMR is anticipated to be the fastest-growing
smart water metering segment, by technology,
during the forecast period. AMR is a system
and process used to remotely collect water meter
data without the physical presence of personnel
at the reading point. AMR is a key driver of
proficiency for water utilities by lowering
operational costs by optimizing maintenance and
reducing human intervention in the measurement
operation. An effective AMR system can only work
if the water meter has a connectivity point such
as a pulse out where a radio transmitter will be
attached to it. North America and Europe are the
regions mostly implementing this technology.
Other regions have also started implementing this
metering infrastructure to reduce non-revenue
water.

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Browse gtgt 157 market data
tables 50 figures
192 pages and in-depth TOC on Smart
Water Metering Market - Global Forecast to
2027 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 4950 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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Asia Pacific is expected to be the
fastest-growing segment in the global smart water
metering market, by region, during the forecast
period. Asia Pacific is expected to be the
fastest-growing region for the global smart water
metering market between 20222027, followed by
North America and Europe. The government is
adopting active measures for promoting water
metering across the regions under its smart
cities program. The growing population along with
rising demand from the agricultural sector will
further augment the business landscape. Speak
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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes the
  profiles of some of the top players in the Smart
  Water Metering Market. These include
• BADGER METER, INC. (US),
• Sensus (US),
• Diehl Stiftung Co. KG (Germany),
• Aclara Technologies (US),
• Itron, Inc. (US) among others...
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