The Water Meter Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Water Meter Market?
The Water Meter Global Market Report 2025 has shown a robust growth trend historically. The market has expanded from a value of $5.48 billion in 2024 to $5.75 billion in 2025, with a compound annual growth rate (CAGR) of 5.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Water Meter Industry?
The Water Meter Global Market is predicted to reach a market size of $7.49 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.8%.
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What are the Key Growth Drivers Fueling the Water Meter Market?
The key drivers in the water meter market are:
• Rising urbanization contributing to higher water usage
• Growing global demand for replacements of older water meters
• Increase in the global population stimulating water meter requirement
• Growing industry trend of launching ultrasonic smart water meters
Global Market Segmentation: Identifying Major Water Meter Industry Segments
The water meter market covered in this report is segmented –
1) By Product Type: Mechanical Water Meter, Smart Water Meter
2) By Application: Residential, Commercial, Industrial
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What are the Emerging Trends Shaping the Future of the Water Meter Market?
The key trends in the water meter market are:
• The future of the water meter market is significantly influenced by the launch of ultrasonic smart water meters.
• Partnerships and collaborations are featuring heavily as an emerging trend.
• Increasing installations of wireless water meters is a current trend.
• There is a growing trend towards investing in 5G water meters and undertaking mergers and acquisitions to enhance product portfolios and financial strength.
Who Are the Top Competitors & Leading Players in the Water Meter Market?
Major companies in the water meter market are:
• Badger Meter Inc
• Ningbo Water Meter Co Ltd
• Roper Technologies Inc
• Aichi Tokei Denki Co
• Xylem Inc
• Itron Inc
• Diehl Stiftung & Co. KG
• Mueller water products inc
• Arad Group
• Azbil Kimmon Co Ltd
• Diehl Metering
• Peltek
• Apator
• Schneider Electric
• Siemens
• Honeywell Elster
• Aclara Technologies
• Landis+Gyr
• Sensus
• Kamstrup
• Jiangxi Sanchuan
• Chongqing Smart Water Meter Group Co. Ltd
• Hebei Yuanjiang Meters Co. Ltd
• Ressam Hardware International Limited
• Ningbo LongKang Intelligent Instrument Co. Ltd
• Kaifeng flowmeter Instrument Co. Ltd
• Tangshan Huizhong Instrumentation Co. Ltd
• Hangzhou Powerkey Industries And Trade Co. Ltd
• Landustrie Sneek BV
• Royal Eijkelkamp
• Delta-T Devices Ltd
• iSAtech Water
• ZENNER International GmbH & Co
• Sontex SA
• B Meters Metering Solutions
• Neptune Technology Group Inc
• Agua y Saneamientos Argentinos
• Star Measure
• Accell Solutions
• Unidade Americana
• Bin Moosa & Daly Limited
• Kamstrup Middle East FZC
• DMC International
• Alderley FZE
• Halawa Tax Meter
• Newterra Ltd
• Spire Metering Technology
• Idrica
• Water Utility Solutions
• Deelin Projects
• Precision Meters (Pty) Ltd
• Indecx Instrumentation
• Flotron
• Free Rain
• Dayliff water meter
• Danco
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the water meter market in 2024
