PUBLISHER: The Business Research Company | PRODUCT CODE: 1966457
PUBLISHER: The Business Research Company | PRODUCT CODE: 1966457
Smart water metering facilitates precise monitoring and transmission of water usage data from consumers to suppliers, optimizing water management and ensuring accurate billing. These meters, equipped with an electronic computing unit (ECU), streamline communication with suppliers and offer leak detection and remote monitoring capabilities, effectively reducing water wastage.
In the realm of smart water meters, three primary types stand out: ultrasonic meters, electromagnetic meters, and mechanical meters. Among these, the ultrasonic flow meter stands out by utilizing ultrasound to gauge liquid velocity, enabling precise calculations of liquid flow volume. These meters incorporate crucial components such as IT solutions, communication systems, and a range of meters and accessories. Their functionality is driven by technologies such as automatic meter reading and advanced meter infrastructure, finding applications across residential, water utilities, industrial, and agricultural sectors.
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.
Tariffs are impacting the smart water metering market by increasing costs of imported electronic components, communication modules, ultrasonic sensors, and advanced metering hardware. Water utilities in North America and Europe are most affected due to reliance on imported smart metering technologies, while Asia-Pacific faces pricing pressure on large-scale municipal deployments. These tariffs are increasing system costs and slowing replacement cycles. However, they are also encouraging local manufacturing, regional assembly of water meters, and development of cost-efficient smart water metering solutions.
The smart water metering market research report is one of a series of new reports from The Business Research Company that provides smart water metering market statistics, including smart water metering industry global market size, regional shares, competitors with a smart water metering market share, detailed smart water metering market segments, market trends and opportunities, and any further data you may need to thrive in the smart water metering industry. This smart water metering 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 smart water metering market size has grown rapidly in recent years. It will grow from $4.97 billion in 2025 to $5.64 billion in 2026 at a compound annual growth rate (CAGR) of 13.6%. The growth in the historic period can be attributed to replacement of mechanical water meters, early adoption of amr-based water metering, increasing urban water consumption, rising investments in municipal water infrastructure, regulatory focus on accurate water billing.
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.
The rising urbanization is expected to drive the growth of the smart water metering market in the coming years. Urbanization refers to the increasing concentration of populations in cities and towns, accompanied by social, economic, and infrastructural changes. Smart water metering supports urbanization by providing real-time data on water usage, enabling efficient resource management, reducing water wastage, facilitating proactive infrastructure maintenance, and promoting sustainable urban planning, thereby contributing to resilient and environmentally friendly urban environments. For example, in December 2024, Our World in Data, a UK-based non-profit organization, reported that by 2050, the world's population is projected to reach approximately 9.8 billion, with nearly 7 billion people living in urban areas. Therefore, the increasing urbanization is driving the expansion of the smart water metering market.
Significant enterprises in the smart water metering sector are concentrating on product releases, exemplified by the introduction of advanced cellular modules that transform existing gas and water meters into smart units. These next-generation cellular modules represent upgraded hardware components for cellular communication, enhancing performance and connectivity to meet evolving telecommunication standards. For instance, in May 2023, Honeywell International Inc. launched the Next Generation Cellular Module (NXCM), a solution designed to convert legacy gas and water meters into smart meters seamlessly. This innovation integrates with various meter types, enabling wireless advanced metering infrastructure through existing cellular networks. This strategic advancement aims to optimize utility providers' operations by improving monitoring, safety, and data capture, ultimately reducing costs and offering accurate usage information.
In September 2025, Netmore Group, a Sweden-based technology company, acquired Arson Metering for an undisclosed amount. Through this acquisition, Netmore aimed to enhance its capabilities and expand its offerings to water and gas utilities by integrating Arson's expertise in metering and IoT enablement, 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, specializing in advanced measurement, connectivity, and data services.
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.
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 the smart water metering market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the smart water metering market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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.
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.
Smart Water Metering Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses smart water metering 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 smart water metering ? 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 smart water metering 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, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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