Global Smart Water Meters Market Size & Outlook, 2025-2030
Global smart water meters market, 2018-2030 (US$M)
Related Markets
Global smart water meters market highlights
- The global smart water meters market generated a revenue of USD 9,051.3 million in 2024 and is expected to reach USD 16,190.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 10.3% by 2030.
- In terms of segment, electromagnetic meter accounted for a revenue of USD 5,028.5 million in 2024.
- Ultrasonic Meter is the most lucrative meter type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Australia is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 9,051.3 million |
| Market revenue in 2030 | USD 16,190.2 million |
| Growth rate | 10.3% (CAGR from 2025 to 2030) |
| Largest segment | Electromagnetic meter |
| Fastest growing segment | Ultrasonic Meter |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electromagnetic Meter, Ultrasonic Meter, Mechanical Meter |
Other key industry trends
- In terms of revenue, the North America accounted for 45.5% of the global smart water meters market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 505.1 million by 2030.
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Smart Water Meters Market Scope
Smart Water Meters Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zenner | View profile | - | Westerham, Kent, United Kingdom, Europe | http://www.zennersoftware.com |
| Neptune | View profile | 101-250 | Bundangdong, Kyonggi-do, South Korea, Asia | http://neptunegames.co.kr |
| Aclara Technologies | View profile | 501-1000 | St Louis, Missouri, United States, North America | http://www.aclara.com |
| Kamstrup | View profile | 1001-5000 | Denmark, South Carolina, United States, North America | https://www.kamstrup.com/en-us |
| Badger Meter | View profile | 5001-10000 | Milwaukee, Wisconsin, United States, North America | http://badgermeter.com |
| Datamatics | View profile | - | - | |
| Landis+Gyr Group AG | View profile | 7750 | Alte Steinhauserstrasse 18, Cham, Switzerland, CH-6330 | https://www.landisgyr.com |
| Itron Inc | View profile | 5859 | 2111 North Molter Road, Liberty Lake, WA, United States, 99019 | https://www.itron.com |
| Xylem Inc | View profile | 23000 | 300 Water Street SE, Washington, DC, United States, 20003 | https://www.xylem.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Global smart water meters market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart water meters market will help companies and investors design strategic landscapes.
Electromagnetic meter was the largest segment with a revenue share of 55.56% in 2024. Horizon Databook has segmented the Global smart water meters market based on electromagnetic meter, ultrasonic meter, mechanical meter covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Water Meters Meter Type Outlook (Revenue, USD Million, 2018-2030)
- Electromagnetic Meter
- Ultrasonic Meter
- Mechanical Meter
- Global Smart Water Meters Technology Outlook (Revenue, USD Million, 2018-2030)
- AMR
- AMI
- Global Smart Water Meters Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Industrial
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Target buyers of Global smart water meters market databook
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Our clientele includes a mix of smart water meters market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global smart water meters market , including forecasts for subscribers. This global databook contains high-level insights into Global smart water meters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global smart water meters market size, by regions, 2018-2030 (US$M)
Top 10 countries: Smart water meters market size, 2024 (US$M)
Global smart water meters market share, by meter type, 2024 & 2030 (%, US$M)
Smart water meters market: Opportunity assessment by country
Global smart water meters market, by region, 2024 (US$M)
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