Smart Water Meter Market Overview
The Smart Water Meter market size reached USD 4.81 billion in 2025 and is projected to climb to USD 8.14 billion by 2030, reflecting an 11.1% CAGR over the forecast period. Europe holds the largest Smart Water Meter Market share, while Asia-Pacific is emerging as the fastest-growing region due to rising urbanization and infrastructure modernization.
The Smart Water Meter Market trends indicate a growing focus on residential applications, with commercial and industrial deployments also expanding steadily.
Key Trends in the Smart Water Meter Market
1.Improving Water-Use Efficiency Water-scarce regions are increasingly adopting smart meters to optimize usage and detect high-consumption patterns. By providing detailed consumption data and businesses to implement water-saving measures.
2.Reducing Non-Revenue Water (NRW) Losses Smart water meters help utilities identify leaks, theft, and meter tampering, which are significant contributors to non-revenue water. With continuous data collection and analytics savings and better resource allocation.
3.Integration with Smart-City and IoT Platforms The integration of smart water meters with IoT and smart-city initiatives enhances infrastructure management. Data from connected meters enables predictive maintenance and seamless customer service.
4.Flexible Financing Models Programs such as pay-as-you-save and performance-based incentives encourage the adoption of smart water meters. By linking cost recovery to verified water-loss reduction, feasible for utilities, supporting market growth across multiple regions.
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Market Segmentation of Smart Water Meters
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By Technology:
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Automatic Meter Reading (AMR)
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Advanced Metering Infrastructure (AMI)
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By Application:
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Residential
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Commercial
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Industrial
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By Meter Type:
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Mechanical
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Ultrasonic
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Electromagnetic
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By Communication Technology:
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Radio frequency
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Cellular
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Wired
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By Component:
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Hardware
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Software and Analytics
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Services
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By Deployment:
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New Installations
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Retrofit
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By Geography:
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North America: United States, Canada, Mexico
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South America: Brazil, Rest of South America
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Europe: Germany, United Kingdom,Rest of Europe
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Asia-Pacific: China, India, Japan, Australia, Rest of Asia-Pacific
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Middle East and Africa:
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Middle East: Saudi Arabia, Turkey, Rest of Middle East
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Africa: South Africa, Nigeria, Rest of Africa
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Key Players in the Smart Water Meter Market
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Arad Ltd. An Israeli company specializing in designing, developing, and manufacturing high-quality water meters and advanced metering infrastructure (AMI) systems.
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Badger Meter Inc. A U.S.-based innovator in flow measurement and control technologies, offering smart water meters and related products to utilities and industries worldwide.
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Itron Inc. An American technology company providing smart metering solutions for energy and water management, helping utilities improve efficiency and sustainability.
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Sensus USA Inc. (Xylem Inc.) A brand under Xylem, offering remotely managed smart water meters and analytics solutions to optimize water systems for utilities and municipalities.
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Kamstrup A/S A Danish company delivering intelligent metering solutions for water, heat, electricity, and cooling, enabling utilities to reduce losses and enhance efficiency.
Explore more insights on Smart Water Meter Market competitive landscape: https://www.mordorintelligence.com/industry-reports/smart-water-meter-market/companies?utm_source=abnewswire
Conclusion
The Smart Water Meter Market size reflects a clear trajectory toward higher adoption across both residential and commercial sectors. Utilities are increasingly leveraging connected meters to enhance operational efficiency, conserve water, and meet regulatory requirements.
Based on the Smart Water Meter Market statistics, technological improvements in communication, meter accuracy, and analytics are expected to diversify the market further, providing opportunities for new entrants and established vendors alike.
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Industry Related Reports:
Asia Pacific Water Meter Market
The Asia Pacific Water Meter Market size is projected to grow from USD 11.88 billion in 2025 to USD 19.32 billion by 2030, at a CAGR of 10.21% during the forecast period. The market growth is driven by increasing demand for efficient water management and smart metering solutions, alongside supportive government initiatives promoting infrastructure modernization across the region.
Get more insights: https://www.mordorintelligence.com/industry-reports/asia-pacific-water-meter-market?utm_source=abnewswire
Water Meter Industry
The Water Meter Industry shipment volume is expected to increase from 141.39 million units in 2025 to 179.42 million units by 2030, growing at a CAGR of 4.88%. Market growth is supported by rising demand for accurate water measurement, modernization of aging infrastructure, and the adoption of smart metering technologies across residential, commercial, and industrial sectors.
Get more insights: https://www.mordorintelligence.com/industry-reports/water-meter-market?utm_source=abnewswire
United States Water Meter Market
The United States Water Meter Market is projected to grow from 25.09 million units in 2025 to 31.45 million units by 2030, at a CAGR of 4.62%. The growth is driven by increasing demand for efficient water management, government initiatives supporting smart meter deployment, and the modernization of aging water infrastructure across residential and commercial sectors.
Get more insights: https://www.mordorintelligence.com/industry-reports/united-states-water-meter-market?utm_source=abnewswire
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