PUBLISHER: The Business Research Company | PRODUCT CODE: 1877831
PUBLISHER: The Business Research Company | PRODUCT CODE: 1877831
A non magnetic water meter is a type of water meter that measures water flow using mechanical, ultrasonic, or other non magnetic sensing methods, without relying on magnetic or electromagnetic principles. It operates by accurately detecting and recording the movement of water through physical or acoustic techniques, ensuring precise measurement without any magnetic interaction.
The key types of non magnetic water meters include wireless remote transmission type, wired remote transmission type, and others. Wireless remote transmission type water meters transmit consumption data remotely through wireless technology, allowing real time monitoring and efficient water management. These meters incorporate various technologies such as mechanical meters, ultrasonic meters, thermal meters, vortex meters, and others, and are used across industrial, commercial, and residential applications.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.
The non-magnetic water meter market research report is one of a series of new reports from The Business Research Company that provides non-magnetic water meter market statistics, including non-magnetic water meter industry global market size, regional shares, competitors with a non-magnetic water meter market share, detailed non-magnetic water meter market segments, market trends and opportunities, and any further data you may need to thrive in the non-magnetic water meter industry. This non-magnetic water meter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The non-magnetic water meter market size has grown strongly in recent years. It will grow from $2.25 billion in 2024 to $2.44 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth observed during the historic period can be attributed to the increasing focus on reducing non revenue water, the implementation of government regulations promoting water conservation, the growing need for sustainable water usage, and the rising demand for real time data analytics.
The non-magnetic water meter market size is expected to see strong growth in the next few years. It will grow to $3.38 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth anticipated in the forecast period can be attributed to the increasing adoption of smart water metering systems, rising emphasis on sustainable resource management, growing environmental awareness, increasing need for efficient water management solutions, and the continued expansion of urbanization and industrialization. Key trends in the forecast period include advancements in wireless communication modules, the development of compact meter designs, innovation in prepaid water metering systems, integration with blockchain for secure data management, and advancements in remote monitoring and control capabilities.
The rising emphasis on water conservation is fueling the growth of the non-magnetic water meter market due to increasing water scarcity driven by climate change. Water conservation refers to the responsible and efficient use of water resources to reduce waste, protect freshwater reserves, and ensure long-term sustainability by minimizing unnecessary consumption, promoting recycling, and preserving natural sources. The focus on water conservation is intensifying as climate change leads to more frequent droughts and irregular rainfall patterns, causing severe water shortages in many regions. Non-magnetic water meters support water conservation by providing precise, real-time measurements of water usage, enabling households and industries to detect leaks, prevent wastage, and manage consumption more effectively. For instance, in March 2024, according to the United Nations Environment Programme (UNEP), a Kenya-based environmental authority, an estimated 1.8 billion people are expected to face what the Food and Agriculture Organization (FAO) defines as absolute water scarcity by 2025. Therefore, the growing emphasis on water conservation is driving the growth of the non-magnetic water meter market.
Key companies operating in the non-magnetic water meter market are focusing on technological advancements such as ultrasonic smart water meters to improve accuracy, reduce maintenance, and enable real-time digital monitoring for efficient water management. Ultrasonic smart water meters use high-frequency sound waves to measure water flow, offering precise readings, no moving parts, and real-time data transmission for effective consumption tracking. For instance, in November 2023, SIT S.p.A., an Italy-based machinery parts manufacturer, introduced a new ultrasonic smart water meter for residential applications, featuring advanced ultrasonic technology with a cavityless design that ensures high accuracy and long-term durability. The meter supports multiple communication protocols, including NB-IoT, LoRaWAN, and wireless M-Bus, and provides a battery life of up to 16 years. It also includes configurable alarms for leak detection, backflow, and tampering, making it suitable for harsh environments while contributing to efficient water resource management through digital connectivity.
In June 2024, Yokogawa Electric Corporation, a Japan-based provider of industrial automation, measurement, and control solutions, acquired Adept Fluidyne Pvt. Ltd. for an undisclosed amount. The acquisition aims to strengthen Yokogawa's presence in the Indian market by utilizing Adept Fluidyne's established manufacturing and certified calibration facilities. This move enhances Yokogawa's local production capacity, shortens delivery timelines, and expands its portfolio of advanced, high-performance flow measurement solutions to better serve a wide range of industrial customers. Adept Fluidyne Pvt. Ltd. is an India-based provider of magnetic and non-magnetic water meters.
Major players in the non-magnetic water meter market are Diehl Stiftung & Co. KG, Itron Inc., Landis+Gyr Group AG, Wasion Holdings Limited, Badger Meter Inc., Sanchuan Wisdom Technology Co. Ltd., Neptune Technology Group Inc., Genus Power Infrastructures Limited, Mueller Systems LLC, ZENNER International GmbH & Co. KG, Kamstrup A/S, Shanghai Zhongyi Industry Co. Ltd., Acorn Controls Private Limited, Everest Sanitation (India), Flui-Tec Instruments & Controls, Hangzhou Laison Technology Co. Ltd., Hangzhou Seck Intelligent Technology Co. Ltd., Shanghai MagnTek Microelectronics Inc., Suntront Technology Co. Ltd., Viewshine Ltd.
North America was the largest region in the non-magnetic water meter market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in non-magnetic water meter report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the non-magnetic water meter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The non-magnetic water meter market consists of sales of anti-magnetic seals, multi-jet water meters, lead-free brass water meters, packaged metering manholes, and solenoid valves. Values in this market are 'factory gate' values; that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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.
Non-Magnetic Water Meter Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on non-magnetic water meter market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for non-magnetic water meter ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The non-magnetic water meter market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.