Global Smart Water Meter Market Growth 2023-2029

Global Smart Water Meter Market Growth 2023-2029

Product Code:454189

Published Date: Feb 08,2023

Pages: 127

Region: Global

Category: Electronics & Semiconductor

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Smart water meter is a new type of water metering which uses modern micro electro technology, modern sensor technology, and smart IC card technology. It can not only measure water use, but can transfer water use data and settle trading.

LPI (LP Information)' newest research report, the “Smart Water Meter Industry Forecast” looks at past sales and reviews total world Smart Water Meter sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Water Meter sales for 2023 through 2029. With Smart Water Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Water Meter industry.

This Insight Report provides a comprehensive analysis of the global Smart Water Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Water Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smart Water Meter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Water Meter and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Water Meter.

The global Smart Water Meter market size is projected to grow from US$ 3150.9 million in 2022 to US$ 6287.8 million in 2029; it is expected to grow at a CAGR of 6287.8 from 2023 to 2029.

Global Smart Water Meter key players include Arad Group, Kamstrup, Xylem (Sensus), Badger Meter, Takahata Precison, etc. Global top five manufacturers hold a share over 40%.

Asia Pacific is the largest market, with a share over 35%, followed by Europe and North America, both have a share about 60%. 
In terms of product, Electronics Type is the largest segment, with a share over 40%. And in terms of application, the largest application is Residential, followed by Commercial, Industrial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Water Meter market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Pre-Payment Electricity Meter
    Remote Transmitting Water Meter
    Electronics Meter

Segmentation by application
    Industrial
    Residential
    Commercial

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Arad Technologies
    Kamstrup
    Takahata Precison
    Neptune Technology Group
    SenTec
    Badger Meter
    Xylem Inc
    Aquiba
    Itron
    Elster
    Johnson Valves
    Datamatic
    Sanchuan
    Suntront
    Integrated Electronic Systems Lab
    Chongqing Smart Water Meter
    Ningbo Water Meter
    Wasion Group
    Shenzhen Huaxu
    Hunan Changde Water Meter Manufacturing

Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Water Meter market?
What factors are driving Smart Water Meter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Water Meter market opportunities vary by end market size?
How does Smart Water Meter break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?