PUBLISHER: KBV Research | PRODUCT CODE: 1768652
PUBLISHER: KBV Research | PRODUCT CODE: 1768652
The Asia Pacific Smart Water Meters Market would witness market growth of 11.5% CAGR during the forecast period (2025-2032).
The China market dominated the Asia Pacific Smart Water Meters Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $951 million by 2032. The Japan market is registering a CAGR of 10.5% during (2025 - 2032). Additionally, The India market showcasing a CAGR of 12.5% during (2025 - 2032).
The uses of smart water meters are rapidly expanding as technological advancements unlock new functionalities and integration capabilities. While the primary function remains the accurate measurement and reporting of water usage, today's smart meters often incorporate a suite of sensors and communication modules that extend their utility far beyond traditional metering. Advanced models can monitor temperature, pressure, flow rate, and water quality parameters in real time, providing utilities with comprehensive data for network diagnostics and predictive maintenance.
Additionally, the ability to detect leaks-sometimes as small as a few drops per second-has transformed water loss management, enabling the identification and repair of leaks long before they escalate into major incidents. In regions prone to drought or flooding, smart meters can be linked to automated irrigation or drainage systems, supporting dynamic responses to weather events and water availability. Additionally, integration with smart grids and other utility networks (such as gas and electricity) supports holistic resource optimization and infrastructure planning at the city or district level.
India's smart water meters market is rapidly growing, driven by the nation's water scarcity challenges and ambitious smart city initiatives. Since the 2010s, India has shifted from manual metering to smart systems, with pilot projects in cities like Delhi and Bengaluru. The Ministry of Jal Shakti's Smart Meter National Programme, launched in 2019, aims to install millions of smart meters in urban households, addressing NRW losses and improving billing efficiency. Utilities like the Bangalore Water Supply and Sewerage Board have deployed IoT-enabled meters to enhance water management.
Japan's smart water meters market is a leader in technological sophistication, driven by the nation's commitment to resource efficiency and smart city development. Since the early 2000s, Japan has transitioned from traditional metering to smart systems, with utilities adopting automated meter reading (AMR) to improve billing accuracy. The Ministry of Land, Infrastructure, Transport and Tourism has promoted smart meters to address water management challenges, particularly in urban centers like Tokyo and Osaka. By 2024, Japan aimed for near-complete smart meter coverage, as outlined in government plans for water infrastructure modernization.
Based on Technology, the market is segmented into AMR, and AMI. Based on Meter Type, the market is segmented into Electromagnetic Meter, Ultrasonic Meter, and Mechanical Meter. Based on Application, the market is segmented into Residential, Commercial, and Industrial. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Smart Water Meters Market Report Segmentation
By Technology
By Meter Type
By Application
By Country