Smart Water Metering Market Report 2026

Smart Water Metering Market Overview

• Smart Water Metering market size has reached to $4.97 billion in 2025 • Expected to grow to $8.9 billion in 2030 at a compound annual growth rate (CAGR) of 12.1% • Growth Driver: Residential Construction Projects Fueling Smart Water Metering Market • Market Trend: Utility Providers' Drive For Innovation In Smart Water Metering • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Smart Water Metering Market?

Smart water metering monitors and transmits water usage from the customer to the supplier to help with water management and accurate billing. Smart water meters feature an electronic computing unit, or ECU, that makes it easier for them to communicate with their suppliers. Smart water metering provides leak detection and remote location monitoring, resulting in minimal water wastage. The main types of smart water meters are ultrasonic meters, electromagnetic meters, and mechanical meters. The meter that uses ultrasound to assess liquid velocity to calculate the amount of liquid flow is known as an ultrasonic flow meter. The components of these meters are IT solutions, communications, and meters and accessories. The technologies used are automatic meter reading and advanced meter infrastructure, and the various applications are in residential, water utilities, industrial, and agricultural.

What Is The Smart Water Metering Market Growth Forecast?

The smart water metering market size is expected to see rapid growth in the next few years. It will grow to $8.9 billion in 2030 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to increasing investments in smart water infrastructure, rising adoption of ami-based water metering, expansion of real-time water monitoring systems, growing focus on non-revenue water reduction, increasing integration of analytics-driven water management. Major trends in the forecast period include increasing deployment of ultrasonic smart water meters, rising adoption of remote water usage monitoring, growing integration of leak detection technologies, expansion of advanced meter infrastructure for water utilities, enhanced focus on water loss reduction.

Global Smart Water Metering Market Segmentation

1) By Meter Type: Ultrasonic Meter, Electromagnetic Meter, Mechanical Meter 2) By Component: Information Technology (IT) Solutions, Communications, Meters And Accessories 3) By Technology: Automatic Meter Reading, Advanced Meter Infrastructure 4) By Application: Residential, Water Utilities, Industrial, Agricultural Subsegments: 1) By Ultrasonic Meter: Clamp-On Ultrasonic Meters, In-Line Ultrasonic Meters 2) By Electromagnetic Meter: Inline Electromagnetic Flow Meters, Insertion Electromagnetic Flow Meters 3) By Mechanical Meter: Positive Displacement Meters, Turbine Meters, Vortex Meters

What Is The Driver Of The Smart Water Metering Market?

The rise in residential construction projects is expected to propel the smart water metering market going forward. Residential construction projects involve the planning, design, and construction of housing units for individuals or families. Smart water metering is used in the advancement of residential construction projects by offering efficient water management solutions, enhancing sustainability, and promoting resource conservation in modern housing developments. For instance, in February 2024, according to Eurostat, a Luxembourg-based government agency, the average annual building production in the EU and the euro region increased by 0.1% and 0.2%, respectively, compared to 2022. Therefore, the rise in residential construction projects is driving the growth of the smart water metering industry.

Key Players In The Global Smart Water Metering Market

Major companies operating in the smart water metering market are Honeywell International Inc., Diehl Stiftung & Co KG, Itron Inc., Landis+Gyr Group AG, Aclara Technologies LLC, Badger Meter Inc., Kamstrup A/S, Arad Group, Apator SA, Zenner International GmbH & Co KG, Sensus USA Inc., Axioma Metering, Maddalena SpA, INTEGRA Metering AG, WAVIoT, Ketos Digital Services Private Limited, WaterSMART Solutions Ltd., MOM Zrt., BETAR Company, WaterTech SpA, Elster Group GmbH, DH Metering Europe SA, G. GIOANOLA Srl, Hebei Shanghong Water Meters Technology Co Ltd., Smartflow Engineering Services Private Limited, WEGoT Utility Solutions Pty. Ltd.

Global Smart Water Metering Market Trends and Insights

Major companies operating in the smart water metering market are focusing on product launches, such as the next generation cellular module, which transforms legacy gas and water meters into smart meters. A next-generation cellular module refers to an advanced and improved version of the cellular communication hardware component that integrates enhanced features, performance, and connectivity capabilities to meet evolving telecommunications standards and requirements. For instance, in May 2023, Honeywell International Inc., a US-based engineering and technology company that invents and manufactures technologies, launched the Next Generation Cellular Module (NXCM), an innovative solution that upgrades legacy gas and water meters into smart meters without requiring additional infrastructure. This offers seamless integration with diverse gas and water meter forms, enabling wireless advanced metering infrastructure through existing cellular networks. This innovative solution enhances monitoring, safety, and data capture for utility providers, driving operational efficiency, cost reduction, and accurate usage information in the smart water metering market.

What Are Latest Mergers And Acquisitions In The Smart Water Metering Market?

In September 2025, Netmore Group, a Sweden-based technology company, acquired Arson Metering for an undisclosed amount. With this acquisition, Netmore aimed to deepen its capabilities and expand its offerings to water and gas utilities by integrating Arson’s metering and IoT enablement expertise, strengthening its end-to-end smart utility solutions portfolio. ArsonData Metering SL is a Spain-based provider of metering hardware and IoT-integrated solutions for water and gas utility applications, focusing on advanced measurement, connectivity, and data services.

Regional Outlook

North America was the largest region in the smart water metering market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Smart Water Metering Market?

The smart water metering market consists of revenues earned by entities by providing smart water metering services using meters, modules, pressure sensor and valves. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Smart Water Metering Market Report 2026?

The smart water metering market research report is one of a series of new reports from The Business Research Company that provides market statistics, including Market Report 2026?global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the smart water metering Market Report 2026? The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the Market Report 2026?