スマート水道メーター市場 – 2030年までの世界予測

Smart Water Meters Market - Global Forecast to 2030

スマート水道メーター市場 - メーターのタイプ (超音波、電磁、スマート機械)、用途 (水道事業、産業)、テクノロジー (AMI、AMR)、コンポーネント (メーターとアクセサリー、IT ソリューション、通信) - 2030年までの世界予測
Smart Water Meters Market by Meter Type (Ultrasonic, Electromagnetic, Smart Mechanical), Application (Water Utilities, Industries), Technology (AMI, AMR), Component (Meters & Accessories, IT Solutions, Communications) - Global Forecast to 2030

商品番号 : SMB-25467

出版社MarketsandMarkets
出版年月2025年2月
ページ数236
図表数277
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The smart water meters market is forecasted to reach USD 9.04 billion by 2030 from an estimated USD 4.61 billion in 2024, at a CAGR of 11.9% during the forecast period (2024-2030).

スマート水道メーター市場は、2024年の推定46億1,000万米ドルから2030年までに90億4,000万米ドルに達すると予測されており、予測期間(2024年から2030年)中のCAGRは11.9%です。

Domestic water utilities comprise companies responsible for the safe and efficient supply of water, and related services. These utilities fall under the purview of the federal, state, and municipalities and operate with a myriad of regulations imposed upon them. Often, the operating budget of such utilities is very limited and they cannot invest significant capital in one go. A number of reasons lead to the losses associated with NRW, including inaccuracy in mechanical meters, manual reading of meters, and unmetered consumption. Primarily, water loss occurs due to leaks, theft, overflow of storage tanks, unmetered use and free supply to some customers.

家庭用水道事業は、安全かつ効率的な水の供給と関連サービスを担当する企業で構成されています。これらの公共事業は連邦、州、地方自治体の管轄下にあり、無数の規制が課せられて運営されています。多くの場合、このような公益事業の運営予算は非常に限られており、一度に多額の資本を投資することはできません。無収水に関連する損失は、機械式メーターの不正確さ、メーターの手動読み取り、計量されていない消費など、さまざまな理由によって引き起こされます。主に、水の損失は、漏れ、盗難、貯蔵タンクのオーバーフロー、計量されていない使用、一部の顧客への無料供給によって発生します。

スマート水道メーター市場 - 2030年までの世界予測
smart-water-metering-market

Non-Revenue-water (NRW) factually occupies an average of 30-35% of the total volume of water available for consumption globally each year according to the International Water Association. Utilities incur heavy operational costs in terms of energy used for pumping NRW, losing operational efficiency in repairing leaks, which raises the cost of operations. It is therefore in enhancing operational efficiencies, billing accuracy, consumer involvement in conservation, and technological advancement that the smart water meter market foresees tremendous opportunities for growth as water utilities across the world meet these challenges.

“The AMI segment, by Technology, is expected to be the larget market from 2024 to 2030”

There is immense growth in the segment of technology, driven by high reliability of ami communication infrastructure. AMI enables utility personnel to collect and analyze water usage while also facilitating two-way communication with metering devices, either on demand or on a set schedule. These meters can deliver the collected information through commonly accessed fixed networks which include BPL, PLC, fixed RF networks, and public networks like landline, cellular, and paging. With increasing cost competitiveness in advanced meters relative to one-way meters, increasing numbers of water utilities are finding this technology relevant. AMI also minimizes the requirement of manual labor to a considerable degree, hence a reduction in costs of operation and, as an outcome, AMI is experiencing high market penetration.

“IT Solutions segment, by component, is expected to be the fastest in market from 2024 to 2030”

The smart water meter market is divided into three main components: meters and accessories, IT solutions, and communications. With the rise of IoT sensors and data management software, water utilities can now analyze potential causes of water loss and take preventive measures. As the water industry rapidly embraces digital technologies, the IT solutions segment is experiencing significant growth in smart water meter market.

スマート水道メーター市場 - 2030年までの世界予測 region
smart-water-metering-market-region

“Asia Pacific to grow at the highest CAGR in the smart water meter market.”

The Asia Pacific is supposed to develop the highest rate of growth for the smart water metering market throughout the forecast period. Countries like China, Australia, Singapore, and India are actively developing the infrastructure for water consumption and supply. Such initiatives provide valuable opportunities for suppliers to expand their presence in the region, fueling growth in the market.

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
  • By Designation: C-Level- 30%, Managers- 25%, and Others- 45%
  • By Region: North America- 30%, Europe- 20%, Asia Pacific- 25%, and the Middle East & Africa- 15%  and South America- 10%

Note: The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

Badger Meter, Inc. (US) , Sensus (Xylem) (US) , Diehl Stiftung & Co. KG. (Germany) , Landis+Gyr (Switzerland) , Itron, Inc. (US) , ZENNER International GmbH & Co.KG (Germany) , Sagemcom (France) , Arad Group (Israel) , Honeywell International Inc. (US) , Aclara (Hubbell) (US) , Kamstrup (Denmark) , and Wasion Holdings International (China)   are some of the key players in the smart water meter market. The study includes an in-depth competitive analysis of these key, with their company profiles, recent developments, and key market strategies.

スマート水道メーター市場 - 2030年までの世界予測 ecosystem
smart-water-metering-market-ecosystem

Research Coverage:

The report defines, describes, and forecasts the smart water meter market by meter type (ultrasonic meters, electromagnetic meters, and smart mechanical meters), by Technology (AMI, AMR), by component (meter & accessories, IT solutions, communication), Application (water utilities and industries) and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the smart water meter market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the smart water meter market. Competitive analysis of upcoming startups in the Energy as a service market ecosystem is covered in this report.

Key Benefits of Buying the Report

  • Analysis of key drivers, restraints, opportunities and challenges influences the growth of the smart water meter market.
  • Market Development: In 2023, Italy has 21 million water meters installed, with only 17% being smart devices. The USD 937-million allocation will drive a massive modernization effort, targeting the replacement of approximately 13.5 million traditional water meters with digitized versions. Several countries in the region are replacing older water meters with smart water meters, which is further creating opportunities for players operating in this regional market.
  • Product Innovation/ Development: The smart water meter market is evolving with incorporation of Internet of Things, Artificial Intelligence, and cloud-based innovations to perform real-time monitoring, leak detection, and automation in billing. Advanced sensing technology increases accuracy levels, and further advancements through LoRaWAN and NB-IoT promote remote connectivity. Sustainability and Smart Cities have seen innovations in improving battery life, cybersecurity, and predictive maintenance are driving the future of water metering.
  • Market Diversification: In March 2024, Aclara partnered with Utilidata to integrate their distributed AI platform into Aclara’s smart meters. This collaboration is intended to enhance grid operations and improve the management of water resources through advanced analytics and real-time data processing.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Badger Meter, Inc. (US), Sensus (Xylem) (US), Diehl Stiftung & Co. KG. (Germany), Landis+Gyr (Switzerland), and Itron, Inc. (US), ZENNER International GmbH & Co.KG (Germany), Sagemcom (France), Arad Group (Israel), Honeywell International Inc. (US), Aclara (Hubbell) (US), Kamstrup (Denmark), and Wasion Holdings International (China) among others in the smart water meter market.

Table of Contents

1               INTRODUCTION              25

1.1           STUDY OBJECTIVES       25

1.2           MARKET DEFINITION   25

1.3           STUDY SCOPE   26

1.3.1        SMART WATER METERS MARKET SEGMENTATION AND REGIONAL SCOPE            26

1.3.2        YEARS CONSIDERED      27

1.3.3        INCLUSIONS AND EXCLUSIONS 27

1.4           CURRENCY CONSIDERED            28

1.5           UNIT CONSIDERED        28

1.6           LIMITATIONS    28

1.7           STAKEHOLDERS               28

1.8           SUMMARY OF CHANGES               29

2               RESEARCH METHODOLOGY       30

2.1           RESEARCH DATA              30

2.1.1        SECONDARY DATA          31

2.1.1.1    Major secondary sources     31

2.1.1.2    Key data from secondary sources       32

2.1.2        PRIMARY DATA 32

2.1.2.1    Primary interview participants           32

2.1.2.2    Key industry insights           33

2.1.2.3    Breakdown of primaries      33

2.1.2.4    Key data from primary sources           34

2.2           MARKET BREAKDOWN AND DATA TRIANGULATION                 35

2.3           MARKET SIZE ESTIMATION         36

2.3.1        BOTTOM-UP APPROACH              36

2.3.2        TOP-DOWN APPROACH                37

2.3.3        DEMAND-SIDE ANALYSIS             38

2.3.3.1    Assumptions for demand-side analysis             38

2.3.4        SUPPLY-SIDE ANALYSIS                 39

2.3.4.1    Supply-side calculations      40

2.3.4.2    Assumptions for supply side               40

2.4           GROWTH FORECAST ASSUMPTIONS      41

2.5           RESEARCH LIMITATIONS             41

2.6           RISK ASSESSMENT           42

3               EXECUTIVE SUMMARY  43

4               PREMIUM INSIGHTS       48

4.1           ATTRACTIVE OPPORTUNITIES IN SMART WATER METERS MARKET DURING FORECAST PERIOD  48

4.2           NORTH AMERICAN SMART WATER METERS MARKET, BY TECHNOLOGY AND COUNTRY            49

4.3           SMART WATER METERS MARKET, BY METER TYPE                 49

4.4           SMART WATER METERS MARKET, BY COMPONENT                 50

4.5           SMART WATER METERS MARKET, BY TECHNOLOGY                 50

4.6           SMART WATER METERS MARKET, BY APPLICATION                 50

4.7           SMART WATER METERS MARKET, BY REGION    51

5               MARKET OVERVIEW       52

5.1           INTRODUCTION              52

5.2           MARKET DYNAMICS       53

5.2.1        DRIVERS               53

5.2.1.1    Non-revenue water loss in distribution systems              53

5.2.1.2    Increasing adoption of smart water meters in US and Europe                 54

5.2.2        RESTRAINTS      54

5.2.2.1    Lack of government initiatives            54

5.2.2.2    Short battery life of smart water meters            54

5.2.3        OPPORTUNITIES              55

5.2.3.1    Replacement of aging infrastructure 55

5.2.3.2    Modernization and digitalization of water industry operations                 55

5.2.3.3    Focus of developing countries on water distribution network and water management improvement       55

5.2.4        CHALLENGES    56

5.2.4.1    Maintenance, security, and integrity of smart water meters                 56

5.2.4.2    Signal transmission issues in locations with weak connectivity                 57

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            57

5.4           PRICING ANALYSIS          58

5.4.1        INDICATIVE PRICING OF SMART WATER METERS, BY METER TYPE, 2024            58

5.4.2        AVERAGE SELLING PRICE TREND OF SMART WATER METERS, BY REGION, 2020–2024 58

5.5           VALUE CHAIN ANALYSIS               59

5.6           ECOSYSTEM ANALYSIS  61

5.7           INVESTMENT AND FUNDING SCENARIO               63

5.8           TECHNOLOGY ANALYSIS             64

5.8.1        KEY TECHNOLOGIES     64

5.8.1.1    Automated meter reading   64

5.8.1.2    Automated metering infrastructure   64

5.8.2        COMPLEMENTARY TECHNOLOGIES       64

5.8.2.1    IoT-based smart water metering        64

5.8.2.2    Low power wide area network            65

5.8.3        ADJACENT TECHNOLOGIES       65

5.8.3.1    AI and ML in smart water metering  65

5.9           PATENT ANALYSIS          66

5.10         TRADE ANALYSIS             69

5.10.1      HS CODE 9028    69

5.10.1.1  Export scenario     69

5.10.1.2  Import scenario     70

5.11         KEY CONFERENCES AND EVENTS, 2025–2026        71

5.12         CASE STUDY ANALYSIS 73

5.12.1      WESTERN MUNICIPAL WATER DISTRICT’S ADVANCED METERING INFRASTRUCTURE  73

5.12.2      SMART METERS, SMARTER SOLUTIONS: YORKSHIRE WATER’S LEAKAGE REDUCTION STRATEGY        73

5.12.3      ONEIDA’S STRATEGIC INFRASTRUCTURE INTERVENTION                73

5.13         TARIFF AND REGULATORY LANDSCAPE               74

5.13.1      TARIFFS APPLICABLE TO SMART WATER METERS                 74

5.13.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             75

5.13.3      CODES AND REGULATIONS RELATED TO SMART WATER METERS                77

5.14         PORTER’S FIVE FORCES ANALYSIS           79

5.14.1      BARGAINING POWER OF SUPPLIERS       80

5.14.2      BARGAINING POWER OF BUYERS             80

5.14.3      THREAT OF NEW ENTRANTS      80

5.14.4      THREAT OF SUBSTITUTES          80

5.14.5      INTENSITY OF COMPETITIVE RIVALRY 81

5.15         KEY STAKEHOLDERS AND BUYING CRITERIA     81

5.15.1      KEY STAKEHOLDERS IN BUYING PROCESS           81

5.15.2      BUYING CRITERIA           82

5.16         IMPACT OF AI/GEN AI ON SMART WATER METERS MARKET               83

5.16.1      ADOPTION OF GENERATIVE AI/AI APPLICATIONS IN SMART WATER METERS MARKET             83

5.16.2      IMPACT OF GENERATIVE AI/AI BY APPLICATION, BY REGION                83

5.16.3      IMPACT OF AI ON SMART WATER METERS MARKET, BY REGION                84

5.17         GLOBAL MACROECONOMIC OUTLOOK                84

5.17.1      INTRODUCTION              84

5.17.2      GDP TRENDS AND FORECAST   84

5.17.3      INFLATION         85

5.17.4      MANUFACTURING VALUE ADDED (% OF GDP) 86

6               SMART WATER METERS MARKET, BY TECHNOLOGY                 87

6.1           INTRODUCTION              88

6.2           AUTOMATED METER READING 89

6.2.1        REDUCED MANUAL INTERVENTION FOR DATA COLLECTION TO BOOST GROWTH         89

6.3           ADVANCED METERING INFRASTRUCTURE          90

6.3.1        HIGH RELIABILITY OF AMI COMMUNICATION INFRASTRUCTURE TO DRIVE GROWTH 90

7               SMART WATER METERS MARKET, BY APPLICATION                 91

7.1           INTRODUCTION              92

7.2           WATER UTILITIES            93

7.2.1        INVESTMENT IN TRADITIONAL WATER NETWORK UPGRADES TO DRIVE MARKET 93

7.3           INDUSTRIES       94

7.3.1        INCREASED FOCUS ON WATER LOSS REDUCTION ACROSS INDUSTRIES TO DRIVE GROWTH            94

8               SMART WATER METERS, BY METER TYPE             95

8.1           INTRODUCTION              96

8.2           ELECTROMAGNETIC      97

8.2.1        ENHANCED ACCURACY LEVEL IN WATER TRACKING TO BOOST MARKET               97

8.3           ULTRASONIC     98

8.3.1        EFFECTIVE DETECTION OF LEAKS, BURSTS, AND REVERSE FLOW

– KEY DRIVER   98

8.4           SMART MECHANICAL    99

8.4.1        LOW COST TO CREATE GROWTH OPPORTUNITIES IN DEVELOPING COUNTRIES           99

9               SMART WATER METERS MARKET, BY COMPONENT                 100

9.1           INTRODUCTION              101

9.2           METERS & ACCESSORIES              102

9.2.1        TECHNOLOGICAL INNOVATIONS IN METERING DEVICES TO PROPEL GROWTH 102

9.3           IT SOLUTIONS  103

9.3.1        INCREASING DEMAND FOR DATA MANAGEMENT SOFTWARE TO DRIVE GROWTH                103

9.4           COMMUNICATIONS       104

9.4.1        CONTINUOUS UPGRADES IN COMMUNICATION NETWORKS TO SUPPORT GROWTH        104

10            SMART WATER METERS MARKET, BY REGION    106

10.1         INTRODUCTION              107

10.2         ASIA PACIFIC     109

10.2.1      BY METER TYPE                110

10.2.2      BY TECHNOLOGY            111

10.2.3      BY COMPONENT              111

10.2.4      BY APPLICATION             112

10.2.5      BY COUNTRY     112

10.2.5.1  China      113

10.2.5.1.1                Digitalization and monitoring of water resources to drive demand        113

10.2.5.2  India       114

10.2.5.2.1                Rapid revolutionization of urban water management and sustainability to boost growth     114

10.2.5.3  Japan      115

10.2.5.3.1                Growing automation of industries to fuel demand                 115

10.2.5.4  Australia 115

10.2.5.4.1                Investments in smart water meter projects to contribute to market growth  115

10.2.5.5  Malaysia 116

10.2.5.5.1                High NRW to create opportunities for market growth                 116

10.2.5.6  Rest of Asia Pacific               117

10.3         EUROPE               117

10.3.1      BY METER TYPE                118

10.3.2      BY TECHNOLOGY            118

10.3.3      BY COMPONENT              119

10.3.4      BY APPLICATION             119

10.3.5      BY COUNTRY     120

10.3.5.1  Germany                 120

10.3.5.1.1                National Water Strategy to propel market growth                 120

10.3.5.2  France    121

10.3.5.2.1                Government focus on replacement of old water meters to drive growth      121

10.3.5.3  UK          122

10.3.5.3.1                Water scarcity and government initiatives to boost market growth       122

10.3.5.4  Netherlands           123

10.3.5.4.1                Increasing adoption of energy-efficient technologies to support market growth        123

10.3.5.5  Denmark                123

10.3.5.5.1                Global collaborations for smart water innovation to drive market growth             123

10.3.5.6  Rest of Europe      124

10.4         NORTH AMERICA             125

10.4.1      BY METER TYPE                126

10.4.2      BY TECHNOLOGY            127

10.4.3      BY COMPONENT              127

10.4.4      BY APPLICATION             128

10.4.5      BY COUNTRY     128

10.4.5.1  US           129

10.4.5.1.1                Focus on improving water infrastructure to drive growth                 129

10.4.5.2  Canada   130

10.4.5.2.1                Urban expansion, technological advancements, and infrastructure investments – key drivers           130

10.4.5.3  Mexico   131

10.4.5.4  Industry collaborations to drive market             131

10.5         MIDDLE EAST & AFRICA                132

10.5.1      BY METER TYPE                132

10.5.2      BY TECHNOLOGY            133

10.5.3      BY COMPONENT              133

10.5.4      BY APPLICATION             134

10.5.5      BY COUNTRY     134

10.5.5.1  GCC       135

10.5.5.1.1                Infrastructure development and industrial expansion to support demand    135

10.5.5.1.2                Saudi Arabia          136

10.5.5.1.2.1            WTTCO alignment with Vision 2030 to propel market growth    136

10.5.5.1.3                UAE        136

10.5.5.1.3.1            Water Security Strategy 2036 to boost demand                 136

10.5.5.2  Israel       137

10.5.5.2.1                Increasing adoption rate of automation technologies by water utilities to drive growth             137

10.5.5.3  South Africa           138

10.5.5.3.1                Government initiatives to drive market            138

10.5.5.4  Egypt      139

10.5.5.4.1                Desalination mega-projects to present opportunities for market    139

10.5.5.5  Rest of Middle East & Africa               140

10.6         SOUTH AMERICA             140

10.6.1      BY METER TYPE                141

10.6.2      BY TECHNOLOGY            141

10.6.3      BY COMPONENT              142

10.6.4      BY APPLICATION             142

10.6.5      BY COUNTRY     143

10.6.5.1  Brazil      143

10.6.5.1.1                Strategic investment in infrastructure modernization to boost market          143

10.6.5.2  Argentina               144

10.6.5.2.1                IDB’s transformative investment to support market growth    144

10.6.5.3  Uruguay 145

10.6.5.3.1                Water security programs to aid in market growth                 145

10.6.5.4  Rest of South America         146

11            COMPETITIVE LANDSCAPE         147

11.1         INTRODUCTION              147

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024                 147

11.3         REVENUE ANALYSIS, 2019–2023  149

11.4         MARKET SHARE ANALYSIS, 2023                 150

11.5         COMPANY VALUATION AND FINANCIAL METRICS                 152

11.6         BRAND/PRODUCT COMPARISON             153

11.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 154

11.7.1      STARS   154

11.7.2      EMERGING LEADERS     154

11.7.3      PERVASIVE PLAYERS      154

11.7.4      PARTICIPANTS 154

11.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         156

11.7.5.1  Company footprint               156

11.7.5.2  Region footprint   157

11.7.5.3  Application footprint            158

11.7.5.4  Component footprint           159

11.7.5.5  Technology footprint           160

11.7.5.6  Meter type footprint             161

11.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        162

11.8.1      PROGRESSIVE COMPANIES         162

11.8.2      RESPONSIVE COMPANIES            162

11.8.3      DYNAMIC COMPANIES  162

11.8.4      STARTING BLOCKS         162

11.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 164

11.8.5.1  Detailed list of key startups/SMEs    164

11.8.5.2  Competitive benchmarking of key startups/SMEs          164

11.9         COMPETITIVE SCENARIO             165

11.9.1      PRODUCT LAUNCHES   165

11.9.2      DEALS  166

11.9.3      EXPANSIONS     169

11.9.4      OTHER DEVELOPMENTS              170

12            COMPANY PROFILES      173

12.1         KEY PLAYERS     173

12.1.1      BADGER METER, INC.    173

12.1.1.1  Business overview 173

12.1.1.2  Products/Solutions/Services offered 174

12.1.1.3  Recent developments           177

12.1.1.3.1                Product launches  177

12.1.1.3.2                Deals      177

12.1.1.4  MnM view              177

12.1.1.4.1                Right to win           177

12.1.1.4.2                Strategic choices   177

12.1.1.4.3                Weaknesses & competitive threats     178

12.1.2      KAMSTRUP         179

12.1.2.1  Business overview 179

12.1.2.2  Products/Solutions/Services offered 179

12.1.2.3  Recent developments           180

12.1.2.3.1                Deals      180

12.1.2.3.2                Expansions             180

12.1.3      DIEHL STIFTUNG & CO. KG         181

12.1.3.1  Business overview 181

12.1.3.2  Products/Solutions/Services offered 181

12.1.3.3  Recent developments           182

12.1.3.3.1                Deals      182

12.1.3.3.2                Expansions             182

12.1.3.4  MnM view              183

12.1.3.4.1                Right to win           183

12.1.3.4.2                Strategic choices   183

12.1.3.4.3                Weaknesses & competitive threats     183

12.1.4      LANDIS+GYR     184

12.1.4.1  Business overview 184

12.1.4.2  Products/Solutions/Services offered 185

12.1.4.3  Recent developments           185

12.1.4.3.1                Product launches  185

12.1.4.3.2                Deals      186

12.1.4.3.3                Other developments             187

12.1.4.4  MnM view              187

12.1.4.4.1                Right to win           187

12.1.4.4.2                Strategic choices   187

12.1.4.4.3                Weaknesses & competitive threats     188

12.1.5      ACLARA (HUBBELL)       189

12.1.5.1  Business overview 189

12.1.5.2  Products/Solutions/Services offered 189

12.1.5.3  Recent developments           190

12.1.5.3.1                Deals      190

12.1.6      SENSUS (XYLEM)              191

12.1.6.1  Business overview 191

12.1.6.2  Products/Solutions/Services offered 191

12.1.6.3  Recent developments           193

12.1.6.3.1                Product launches  193

12.1.6.3.2                Deals      193

12.1.6.3.3                Other developments             194

12.1.6.4  MnM view              195

12.1.6.4.1                Right to win           195

12.1.6.4.2                Strategic choices   195

12.1.6.4.3                Weaknesses & competitive threats     195

12.1.7      ITRON INC.         196

12.1.7.1  Business overview 196

12.1.7.2  Products/Solutions/Services offered 197

12.1.7.3  Recent developments           198

12.1.7.3.1                Deals      198

12.1.7.3.2                Expansions             199

12.1.7.3.3                Other developments             199

12.1.7.4  MnM view              200

12.1.7.4.1                Right to win           200

12.1.7.4.2                Strategic choices made        200

12.1.7.4.3                Weaknesses/Competitive threats       200

12.1.8      BMETERS SRL    201

12.1.8.1  Business overview 201

12.1.8.2  Products/Solutions/Services offered 201

12.1.8.3  Recent developments           203

12.1.8.3.1                Product launches  203

12.1.9      HONEYWELL INTERNATIONAL INC.        204

12.1.9.1  Business overview 204

12.1.9.2  Products/Solutions/Services offered 205

12.1.9.3  Recent developments           206

12.1.9.3.1                Product launches  206

12.1.10   ARAD GROUP    207

12.1.10.1                 Business overview 207

12.1.10.2                 Products/Solutions/Services offered 207

12.1.11   ZENNER INTERNATIONAL GMBH & CO. KG         210

12.1.11.1                 Business overview 210

12.1.11.2                 Products/Solutions/Services offered 210

12.1.12   NEPTUNE TECHNOLOGY GROUP INC.   211

12.1.12.1                 Business overview 211

12.1.12.2                 Products/Solutions/Services offered 211

12.1.12.3                 Recent developments           213

12.1.12.3.1             Product launches  213

12.1.13   ISKRAEMECO GROUP     214

12.1.13.1                 Business overview 214

12.1.13.2                 Products/Solutions/Services offered 214

12.1.13.3                 Recent developments           215

12.1.13.3.1             Product launches  215

12.1.13.3.2             Deals      215

12.1.13.3.3             Expansions             216

12.1.13.3.4             Other developments             216

12.1.14   SAGEMCOM       217

12.1.14.1                 Business overview 217

12.1.14.2                 Products/Solutions/Services offered 217

12.1.14.3                 Recent developments           218

12.1.14.3.1             Product launches  218

12.1.14.3.2             Deals      218

12.1.15   WASION HOLDINGS INTERNATIONAL   219

12.1.15.1                 Business overview 219

12.1.15.2                 Products/Solutions/Services offered 221

12.2         OTHER PLAYERS              222

12.2.1      BAYLAN WATER METERS              222

12.2.2      WEGOT UTILITY SOLUTIONS PVT LTD.                 223

12.2.3      APATOR S.A.      223

12.2.4      STMICROELECTRONICS                224

12.2.5      AXIOMA METERING        224

12.2.6      DRIZZLEX            225

12.2.7      CONSERVATION LABS, INC.        225

12.2.8      INTEGRA              226

12.2.9      PHYN LCC            226

12.2.10   BOVE TECHNOLOGY      227

13            APPENDIX           228

13.1         INSIGHTS FROM INDUSTRY EXPERTS     228

13.2         DISCUSSION GUIDE        229

13.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                232

13.4         CUSTOMIZATION OPTIONS        234

13.5         RELATED REPORTS         234

13.6         AUTHOR DETAILS           235

LIST OF TABLES

TABLE 1                SMART WATER METERS MARKET SNAPSHOT                 43

TABLE 2                WATER AND WASTEWATER TREATMENT PROJECTS IN INDIA        56

TABLE 3                INDICATIVE PRICING ANALYSIS OF SMART WATER METERS, BY METER TYPE, 2024  58

TABLE 4                ROLE OF COMPANIES IN ECOSYSTEM    62

TABLE 5               SMART WATER METERS MARKET: KEY PATENTS, 2020–2024              67

TABLE 6               EXPORT DATA FOR HS CODE 9028, BY COUNTRY, 2021–2023 (USD THOUSAND)      69

TABLE 7               IMPORT DATA FOR HS CODE 9028, BY COUNTRY, 2021–2023 (USD THOUSAND)      70

TABLE 8                KEY CONFERENCES AND EVENTS, 2025–2026                 71

TABLE 9                IMPORT TARIFFS FOR HS 9028 GAS, LIQUID OR ELECTRICITY SUPPLY OR PRODUCTION METERS, INCL. CALIBRATING METERS 74

TABLE 10              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 75

TABLE 11              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           76

TABLE 12              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 76

TABLE 13              ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           77

TABLE 14              GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           77

TABLE 15              SMART WATER METERS MARKET: CODES AND REGULATIONS  77

TABLE 16              PORTER’S FIVE FORCES ANALYSIS           79

TABLE 17              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION        81

TABLE 18              KEY BUYING CRITERIA FOR TOP TWO APPLICATIONS 82

TABLE 19              WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)               85

TABLE 20             INFLATION RATE, AVERAGE CONSUMER PRICES, ANNUAL PERCENT CHANGE (2024%)      85

TABLE 21              MANUFACTURING VALUE ADDED (% OF GDP), 2023        86

TABLE 22              SMART WATER METERS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)            88

TABLE 23              SMART WATER METERS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)            88

TABLE 24              AMR: SMART WATER METERS MARKET, BY REGION, 2020–2023 (USD MILLION)          89

TABLE 25              AMR: SMART WATER METERS MARKET, BY REGION, 2024–2030 (USD MILLION)          89

TABLE 26              AMI: SMART WATER METERS MARKET, BY REGION, 2020–2023 (USD MILLION)          90

TABLE 27              AMI: SMART WATER METERS MARKET, BY REGION, 2024–2030 (USD MILLION)          90

TABLE 28              SMART WATER METERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)              92

TABLE 29              SMART WATER METERS MARKET, BY APPLICATION, 2024–2030 (USD MILLION)              92

TABLE 30              WATER UTILITIES: SMART WATER METERS MARKET, BY REGION,

2020–2023 (USD MILLION)            93

TABLE 31              WATER UTILITIES: SMART WATER METERS MARKET, BY REGION,

2024–2030 (USD MILLION)            93

TABLE 32              INDUSTRIES: SMART WATER METERS MARKET, BY REGION,

2020–2023 (USD MILLION)            94

TABLE 33              INDUSTRIES: SMART WATER METERS MARKET, BY REGION,

2024–2030 (USD MILLION)            94

TABLE 34              SMART WATER METERS MARKET, BY METER TYPE, 2020–2023 (USD MILLION)                96

TABLE 35              SMART WATER METERS MARKET, BY METER TYPE, 2024–2030 (USD MILLION)                96

TABLE 36              ELECTROMAGNETIC SMART WATER METERS MARKET, BY REGION,

2020–2023 (USD MILLION)            97

TABLE 37              ELECTROMAGNETIC SMART WATER METERS MARKET, BY REGION,

2024–2030 (USD MILLION)            97

TABLE 38              ULTRASONIC SMART WATER METERS MARKET, BY REGION,

2020–2023 (USD MILLION)            98

TABLE 39              ULTRASONIC SMART WATER METERS MARKET, BY REGION,

2024–2030 (USD MILLION)            98

TABLE 40              SMART MECHANICAL WATER METERS MARKET, BY REGION,

2020–2023 (USD MILLION)            99

TABLE 41              SMART MECHANICAL WATER METERS MARKET, BY REGION,

2024–2030 (USD MILLION)            99

TABLE 42              SMART WATER METERS MARKET, BY COMPONENT, 2020–2023 (USD MILLION)              101

TABLE 43              SMART WATER METERS MARKET, BY COMPONENT, 2024–2030 (USD MILLION)              102

TABLE 44              METERS & ACCESSORIES: SMART WATER METERS MARKET, BY REGION,

2020–2023 (USD MILLION)            103

TABLE 45              METERS & ACCESSORIES: SMART WATER METERS MARKET, BY REGION,

2024–2030 (USD MILLION)            103

TABLE 46              IT SOLUTIONS: SMART WATER METERS MARKET, BY REGION,

2020–2023 (USD MILLION)            104

TABLE 47              IT SOLUTIONS: SMART WATER METERS MARKET, BY REGION,

2024–2030 (USD MILLION)            104

TABLE 48              COMMUNICATIONS: SMART WATER METERS MARKET, BY REGION,

2020–2023 (USD MILLION)            105

TABLE 49              COMMUNICATIONS: SMART WATER METERS MARKET, BY REGION,

2024–2030 (USD MILLION)            105

TABLE 50              SMART WATER METERS MARKET, BY REGION, 2020–2023 (USD MILLION)            108

TABLE 51              SMART WATER METERS MARKET, BY REGION, 2024–2030 (USD MILLION)            108

TABLE 52              SMART WATER METERS MARKET, BY REGION, 2020–2023 (MILLION UNITS)        108

TABLE 53              SMART WATER METERS MARKET, BY REGION, 2024–2030 (MILLION UNITS)        109

TABLE 54              ASIA PACIFIC: SMART WATER METERS MARKET, BY METER TYPE,

2020–2023 (USD MILLION)            110

TABLE 55              ASIA PACIFIC: SMART WATER METERS MARKET, BY METER TYPE,

2024–2030 (USD MILLION)            111

TABLE 56              ASIA PACIFIC: SMART WATER METERS MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)            111

TABLE 57              ASIA PACIFIC: SMART WATER METERS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            111

TABLE 58              ASIA PACIFIC: SMART WATER METERS MARKET, BY COMPONENT,

2020–2023 (USD MILLION)            111

TABLE 59              ASIA PACIFIC: SMART WATER METERS MARKET, BY COMPONENT,

2024–2030 (USD MILLION)            112

TABLE 60              ASIA PACIFIC: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            112

TABLE 61              ASIA PACIFIC: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            112

TABLE 62              ASIA PACIFIC: SMART WATER METERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            112

TABLE 63              ASIA PACIFIC: SMART WATER METERS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            113

TABLE 64              CHINA: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            113

TABLE 65              CHINA: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            113

TABLE 66              INDIA: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            114

TABLE 67              INDIA: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            114

TABLE 68              JAPAN: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            115

TABLE 69              JAPAN: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            115

TABLE 70              AUSTRALIA: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            116

TABLE 71              AUSTRALIA: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            116

TABLE 72              MALAYSIA: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            116

TABLE 73              MALAYSIA: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            116

TABLE 74              REST OF ASIA PACIFIC: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            117

TABLE 75              REST OF ASIA PACIFIC: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            117

TABLE 76              EUROPE: SMART WATER METERS MARKET, BY METER TYPE,

2020–2023 (USD MILLION)            118

TABLE 77              EUROPE: SMART WATER METERS MARKET, BY METER TYPE,

2024–2030 (USD MILLION)            118

TABLE 78              EUROPE: SMART WATER METERS MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)            118

TABLE 79              EUROPE: SMART WATER METERS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            118

TABLE 80              EUROPE: SMART WATER METERS MARKET, BY COMPONENT,

2020–2023 (USD MILLION)            119

TABLE 81              EUROPE: SMART WATER METERS MARKET, BY COMPONENT,

2024–2030 (USD MILLION)            119

TABLE 82              EUROPE: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            119

TABLE 83              EUROPE: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            119

TABLE 84              EUROPE: SMART WATER METERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            120

TABLE 85              EUROPE: SMART WATER METERS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            120

TABLE 86              GERMANY: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            121

TABLE 87              GERMANY: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            121

TABLE 88              FRANCE: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            121

TABLE 89              FRANCE: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            122

TABLE 90              UK: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            122

TABLE 91              UK: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            122

TABLE 92              NETHERLANDS: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            123

TABLE 93              NETHERLANDS: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            123

TABLE 94              DENMARK: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            124

TABLE 95              DENMARK: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            124

TABLE 96              REST OF EUROPE: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            124

TABLE 97              REST OF EUROPE: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            125

TABLE 98              NORTH AMERICA: SMART WATER METERS MARKET, BY METER TYPE,

2020–2023 (USD MILLION)            126

TABLE 99              NORTH AMERICA: SMART WATER METERS MARKET, BY METER TYPE,

2024–2030 (USD MILLION)            127

TABLE 100            NORTH AMERICA: SMART WATER METERS MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)            127

TABLE 101            NORTH AMERICA: SMART WATER METERS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            127

TABLE 102            NORTH AMERICA: SMART WATER METERS MARKET, BY COMPONENT,

2020–2023 (USD MILLION)            127

TABLE 103            NORTH AMERICA: SMART WATER METERS MARKET, BY COMPONENT,

2024–2030 (USD MILLION)            128

TABLE 104            NORTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            128

TABLE 105            NORTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            128

TABLE 106            NORTH AMERICA: SMART WATER METERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            128

TABLE 107            NORTH AMERICA: SMART WATER METERS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            129

TABLE 108            US: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            129

TABLE 109            US: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            129

TABLE 110            CANADA: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            130

TABLE 111            CANADA: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            130

TABLE 112            MEXICO: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            131

TABLE 113            MEXICO: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            131

TABLE 114            MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY METER TYPE, 2020–2023 (USD MILLION)                 132

TABLE 115            MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY METER TYPE, 2024–2030 (USD MILLION)                 132

TABLE 116            MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)                 133

TABLE 117            MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)                 133

TABLE 118            MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY COMPONENT, 2020–2023 (USD MILLION)                 133

TABLE 119            MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY COMPONENT, 2024–2030 (USD MILLION)                 133

TABLE 120            MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                 134

TABLE 121            MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY APPLICATION, 2024–2030 (USD MILLION)                 134

TABLE 122            MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            134

TABLE 123            MIDDLE EAST & AFRICA: SMART WATER METERS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            135

TABLE 124            GCC: SMART WATER METERS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     135

TABLE 125            GCC: SMART WATER METERS MARKET, BY COUNTRY, 2024–2030 (USD MILLION)     135

TABLE 126            SAUDI ARABIA: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            136

TABLE 127            SAUDI ARABIA: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            136

TABLE 128            UAE: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            137

TABLE 129            UAE: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            137

TABLE 130            ISRAEL: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            138

TABLE 131            ISRAEL: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            138

TABLE 132            SOUTH AFRICA: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            138

TABLE 133            SOUTH AFRICA: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            139

TABLE 134            EGYPT: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            139

TABLE 135            EGYPT: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            139

TABLE 136            REST OF MIDDLE EAST & AFRICA: SMART WATER METERS MARKET,

BY APPLICATION, 2020–2023 (USD MILLION)       140

TABLE 137            REST OF MIDDLE EAST & AFRICA: SMART WATER METERS MARKET,

BY APPLICATION, 2024–2030 (USD MILLION)       140

TABLE 138            SOUTH AMERICA: SMART WATER METERS MARKET, BY METER TYPE,

2020–2023 (USD MILLION)            141

TABLE 139            SOUTH AMERICA: SMART WATER METERS MARKET, BY METER TYPE,

2024–2030 (USD MILLION)            141

TABLE 140            SOUTH AMERICA: SMART WATER METERS MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)            141

TABLE 141            SOUTH AMERICA: SMART WATER METERS MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)            141

TABLE 142            SOUTH AMERICA: SMART WATER METERS MARKET, BY COMPONENT,

2020–2023 (USD MILLION)            142

TABLE 143            SOUTH AMERICA: SMART WATER METERS MARKET, BY COMPONENT,

2024–2030 (USD MILLION)            142

TABLE 144            SOUTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            142

TABLE 145            SOUTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            142

TABLE 146            SOUTH AMERICA: SMART WATER METERS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            143

TABLE 147            SOUTH AMERICA: SMART WATER METERS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            143

TABLE 148            BRAZIL: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            144

TABLE 149            BRAZIL: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            144

TABLE 150            ARGENTINA: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            144

TABLE 151            ARGENTINA: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            145

TABLE 152            URUGUAY: SMART WATER METERS MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            145

TABLE 153            URUGUAY: SMART WATER METERS MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            145

TABLE 154            REST OF SOUTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)                 146

TABLE 155            REST OF SOUTH AMERICA: SMART WATER METERS MARKET, BY APPLICATION, 2024–2030 (USD MILLION)                 146

TABLE 156            SMART WATER METERS MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, 2021– 2024        147

TABLE 157            SMART WATER METERS MARKET: DEGREE OF COMPETITION, 2023       150

TABLE 158            SMART WATER METERS MARKET: REGION FOOTPRINT       157

TABLE 159            SMART WATER METERS MARKET: APPLICATION FOOTPRINT         158

TABLE 160            SMART WATER METERS MARKET: COMPONENT FOOTPRINT       159

TABLE 161            SMART WATER METERS MARKET: TECHNOLOGY FOOTPRINT        160

TABLE 162            SMART WATER METERS MARKET: METER TYPE FOOTPRINT       161

TABLE 163            SMART WATER METERS MARKET: KEY STARTUPS/SMES              164

TABLE 164            SMART WATER METERS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES                 164

TABLE 165            SMART WATER METERS MARKET: PRODUCT LAUNCHES,

JANUARY 2021– DECEMBER 2024                165

TABLE 166            SMART WATER METERS MARKET: DEALS, JANUARY 2021– DECEMBER 2024                166

TABLE 167            SMART WATER METERS MARKET: EXPANSIONS, JANUARY 2021–DECEMBER 2024 169

TABLE 168            SMART WATER METERS MARKET: OTHER DEVELOPMENTS,

JANUARY 2021– DECEMBER 2024                170

TABLE 169            BADGER METER, INC.: COMPANY OVERVIEW                 173

TABLE 170            BADGER METER, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    174

TABLE 171            BADGER METER, INC.: PRODUCT LAUNCHES                 177

TABLE 172            BADGER METER, INC.: DEALS    177

TABLE 173            KAMSTRUP: COMPANY OVERVIEW          179

TABLE 174            KAMSTRUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED             179

TABLE 175            KAMSTRUP: DEALS         180

TABLE 176            KAMSTRUP: EXPANSIONS            180

TABLE 177            DIEHL STIFTUNG & CO. KG: COMPANY OVERVIEW          181

TABLE 178            DIEHL STIFTUNG & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    181

TABLE 179            DIEHL STIFTUNG & CO. KG: DEALS         182

TABLE 180            DIEHL STIFTUNG & CO. KG: EXPANSIONS                 182

TABLE 181            LANDIS+GYR: COMPANY OVERVIEW      184

TABLE 182            LANDIS+GYR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    185

TABLE 183            LANDIS+GYR: PRODUCT LAUNCHES      185

TABLE 184            LANDIS+GYR: DEALS     186

TABLE 185            LANDIS+GYR: OTHER DEVELOPMENTS 187

TABLE 186            ACLARA (HUBBELL): COMPANY OVERVIEW                 189

TABLE 187            ACLARA (HUBBELL): PRODUCTS/SOLUTIONS/SERVICES OFFERED    189

TABLE 188            ACLARA (HUBBELL): DEALS        190

TABLE 189            SENSUS (XYLEM): COMPANY OVERVIEW                 191

TABLE 190            SENSUS (XYLEM): PRODUCTS/SOLUTIONS/SERVICES OFFERED    191

TABLE 191            SENSUS (XYLEM): PRODUCT LAUNCHES                 193

TABLE 192            SENSUS (XYLEM): DEALS              193

TABLE 193            SENSUS (XYLEM): OTHER DEVELOPMENTS                 194

TABLE 194            ITRON INC.: COMPANY OVERVIEW          196

TABLE 195            ITRON INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             197

TABLE 196            ITRON INC.: DEALS         198

TABLE 197            ITRON INC.: EXPANSIONS            199

TABLE 198            ITRON INC.: OTHER DEVELOPMENTS    199

TABLE 199            BMETERS SRL: COMPANY OVERVIEW     201

TABLE 200            BMETERS SRL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    201

TABLE 201            BMETERS SRL: PRODUCT LAUNCHES     203

TABLE 202            HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW          204

TABLE 203            HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    205

TABLE 204            HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES          206

TABLE 205            ARAD GROUP: COMPANY OVERVIEW     207

TABLE 206            ARAD GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    207

TABLE 207            ZENNER INTERNATIONAL GMBH & CO. KG: COMPANY OVERVIEW   210

TABLE 208            ZENNER INTERNATIONAL GMBH & CO. KG: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        210

TABLE 209            NEPTUNE TECHNOLOGY GROUP INC.: COMPANY OVERVIEW   211

TABLE 210            NEPTUNE TECHNOLOGY GROUP INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    211

TABLE 211            NEPTUNE TECHNOLOGY GROUP INC.: PRODUCT LAUNCHES   213

TABLE 212            ISKRAEMECO GROUP: COMPANY OVERVIEW                 214

TABLE 213            ISKRAEMECO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    214

TABLE 214            ISKRAEMECO GROUP: PRODUCT LAUNCHES                 215

TABLE 215            ISKRAEMECO GROUP: DEALS     215

TABLE 216            ISKRAEMECO GROUP: EXPANSIONS        216

TABLE 217            ISKRAEMECO GROUP: OTHER DEVELOPMENTS                 216

TABLE 218            SAGEMCOM: COMPANY OVERVIEW        217

TABLE 219            SAGEMCOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED    217

TABLE 220            SAGEMCOM: PRODUCT LAUNCHES        218

TABLE 221            SAGEMCOM: DEALS        218

TABLE 222            WASION HOLDINGS INTERNATIONAL: COMPANY OVERVIEW   219

TABLE 223            WASION HOLDINGS INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    221

LIST OF FIGURES

FIGURE 1              SMART WATER METERS MARKET: RESEARCH DESIGN                31

FIGURE 2              SMART WATER METERS MARKET: DATA TRIANGULATION             35

FIGURE 3              SMART WATER METERS MARKET SIZE: BOTTOM-UP APPROACH              36

FIGURE 4              SMART WATER METERS MARKET: TOP-DOWN APPROACH         37

FIGURE 5              SMART WATER METERS MARKET: DEMAND-SIDE ANALYSIS 38

FIGURE 6              KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF SMART WATER METERS        39

FIGURE 7              SMART WATER METERS MARKET: SUPPLY-SIDE ANALYSIS            40

FIGURE 8              SHARE OF KEY PLAYERS IN SMART WATER METERS MARKET, 2023  41

FIGURE 9              ULTRASONIC METERS TO HAVE LARGEST MARKET SIZE BY 2030     44

FIGURE 10            AMI TECHNOLOGY HELD HIGHER VALUE IN 2024        45

FIGURE 11            METERS & ACCESSORIES TO BE LARGEST COMPONENT SEGMENT BY 2030               45

FIGURE 12            WATER UTILITIES TO LEAD AMONG SMART WATER METER APPLICATIONS 46

FIGURE 13            ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2024 TO 2030          46

FIGURE 14            INCREASING INVESTMENTS BY WATER UTILITIES TO REDUCE NON-REVENUE WATER TO DRIVE MARKET DURING FORECAST PERIOD    48

FIGURE 15            AMI DOMINATED NORTH AMERICAN MARKET IN 2024  49

FIGURE 16            ULTRASONIC WATER METERS TO HOLD LARGEST SHARE BY 2030               49

FIGURE 17            METERS & ACCESSORIES TO BE LARGEST COMPONENT SEGMENT BY 2030               50

FIGURE 18            AMI TECHNOLOGY TO HOLD MAJOR MARKET SHARE BY 2030   50

FIGURE 19            WATER UTILITIES TO DOMINATE MARKET BY 2030        50

FIGURE 20            ASIA PACIFIC MARKET TO GROW FASTEST DURING FORECAST PERIOD       51

FIGURE 21            SMART WATER METERS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          53

FIGURE 22            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   57

FIGURE 23            AVERAGE SELLING PRICE TREND OF SMART WATER METERS, BY REGION,

2020–2024              58

FIGURE 24            VALUE CHAIN ANALYSIS               59

FIGURE 25            SMART WATER METERS MARKET: ECOSYSTEM ANALYSIS            61

FIGURE 26            INVESTMENT AND FUNDING SCENARIO, 2018–2024        63

FIGURE 27            PATENTS APPLIED FOR AND GRANTED, 2014–2024        66

FIGURE 28            EXPORT DATA FOR HS CODE 9028 OR GAS, LIQUID, ELECTRICITY SUPPLY OR PRODUCTION METERS, INCL. CALIBRATING METERS, BY COUNTRY, 2019–2023               70

FIGURE 29            IMPORT DATA FOR HS CODE 9028 OR GAS, LIQUID, ELECTRICITY SUPPLY OR PRODUCTION METERS, INCL. CALIBRATING METERS, BY COUNTRY, 2019–2023               71

FIGURE 30            PORTER’S FIVE FORCES ANALYSIS           79

FIGURE 31            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION        81

FIGURE 32            KEY BUYING CRITERIA FOR TOP APPLICATIONS                 82

FIGURE 33            IMPACT OF GENERATIVE AI/AI ON APPLICATIONS, BY REGION        84

FIGURE 34            AMI SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2024 88

FIGURE 35            WATER UTILITIES SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2024               92

FIGURE 36            ULTRASONIC METERS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE

IN 2024  96

FIGURE 37            METERS & ACCESSORIES SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2024       101

FIGURE 38            ASIA PACIFIC TO REGISTER HIGHEST CAGR IN SMART WATER METERS MARKET DURING FORECAST PERIOD                 107

FIGURE 39            SMART WATER METERS MARKET SHARE, BY REGION (2023)   107

FIGURE 40            ASIA PACIFIC: SMART WATER METERS MARKET SNAPSHOT          110

FIGURE 41            NORTH AMERICA: SMART WATER METERS MARKET SNAPSHOT       126

FIGURE 42            SMART WATER METERS MARKET: REVENUE ANALYSIS OF FIVE PUBLIC PLAYERS, 2019–2023  149

FIGURE 43            SMART WATER METERS MARKET SHARE ANALYSIS, 2023  150

FIGURE 44            COMPANY VALUATION 152

FIGURE 45            FINANCIAL METRICS      152

FIGURE 46            BRAND/PRODUCT COMPARISON             153

FIGURE 47            SMART WATER METERS MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023       155

FIGURE 48            SMART WATER METERS MARKET: COMPANY FOOTPRINT       156

FIGURE 49            SMART WATER METERS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 163

FIGURE 50            BADGER METER, INC.: COMPANY SNAPSHOT                 174

FIGURE 51            LANDIS+GYR: COMPANY SNAPSHOT      184

FIGURE 52            ITRON INC.: COMPANY SNAPSHOT         197

FIGURE 53            HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT          205

FIGURE 54            WASION HOLDINGS INTERNATIONAL: COMPANY SNAPSHOT   220