Water Meter Market Strong Application,Emerging Trends And Future Scope By 2019 – 2027

Global Water Meter Market: Snapshot

Water utilities have shown keen interest in adopting water meters as these devices have evolved over the years to help consumers and service providers to understand the amount of water consumption. The accuracy of this equipment has simplified billing methods and allowed utilities to analyze water consumption and its wastage. Over the years, several types of water meters have gained a market share in the global market owing to their importance in conserving water, energy, and reducing the expenditure on water bills. Citing these reasons, the research report states that the global water meter market will be worth US$6.1 bn by the end of 2027 as compared to US$4.0 bn in 2018. The market promises to expand at a CAGR of 4.7% between 2019 and 2027.

Purchase our Premium Research Report At:https://www.transparencymarketresearch.com/checkout.php?rep_id=18977&ltype=S

The obvious fact about depleting water resources have raised concerns about measures to reduce water consumption and wastage across the globe. Governments are thus taking initiatives for the same through raising awareness and installing water meters to analyze the required amount of water for various purposes, its wastage if any, and methods of preserve it. Several consumers across the globe are also opting for water meters as they help in optimizing the bill, thereby saving energy and resources. The seamless integration of advanced technologies has led to the introduction of smart water meters, which has increased the uptake of these products over the past few years.

Get More Press Releases by TMR: https://www.prnewswire.com/news-releases/increased-awareness-about-the-benefits-of-diabetic-shoes-is-likely-to-bode-well-for-the-global-diabetic-shoes-market-high-recommendation-from-doctors-to-further-trigger-demand-in-the-market—tmr-301324390.html

global water meter market

Households Boost Residential Segment as they Continue to be Key Users of Water Meters

On the basis of application, the global water meter market is segmented into residential, commercial, and industrial segments. Of these, the residential segment held the dominant share in the global market in 2018. The report suggests that the residential segment will continue to lead as households will continue to be key users of water meters during the forecast period. The commercial and industrial segments are also estimated to bring in significant revenues as both the segments are expected to install water meters for measuring high volume water flows.

To understand how our report can bring difference to your business strategy, Ask for a brochure

Asia Pacific Remains on Top with Ongoing Infrastructural Changes

In terms of geography, the global water meter market is segmented into North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Of these, Asia Pacific is expected to lead the global market throughout 2019 and 2027. The improving infrastructure in the region and a strong presence of several water meter manufacturers are expected to keep Asia Pacific regional market at the forefront.

The research report points out that the important players operating in the global water meter market are 

  • Diehl Stiftung & Co. KG
  • Azbil Kimmon Co., Ltd.
  • Badger Meter, Inc.
  • Elster Group GmbH
  • Neptune Technology Group Inc.
  • G. Gioanola S.R.L.
  • Aichi Tokei Denki Co., Ltd
  • Apator SA
  • Arad Group
  • Fedrel Meter
  • B Meter
  • Itron Inc.
  • Master Meter, Inc.
  • Maddalena Spa
  • Kamstrup A/S
  • Sensus (Xylem Inc.)
  • ZENNER International GmbH & Co. KG
  • Mueller Systems, LLC.
  • Plata Meter Co., Ltd
  • Jiaxing Eastron Electronic Instruments Co., Ltd.

Stuck in a neck-to-neck competition with other brands? Request a custom report on Water Meter Market

The competitive landscape in the global water meter market is quite fragmented due to presence of several players. The lack of product differentiation has further intensified the competition. To gain an edge, players are expected to focus on the integration of advanced technologies in their upcoming products, states the exhaustive report.


TMR’s market research report on the semiconductors industry covers the expanse of technological innovations and novel applications that are setting trends in the said industry. The evolution of the telecommunications sector, mainly the development of 4G and 5G networks, which has deeply influenced demand in the semiconductors industry is well covered for a fitting analysis of growth trajectories of the latter in the coming years. For industrial operations, the demand analysis of super semiconductors that are compatible with highly complex ICs to support Industry 4.0 is a highlight of our reports.

TMR is a leader in the market research space providing end-to-end business solutions and consulting services. TMR operates from its own office space of almost 10,000 sq. ft located in a prime commercial complex at Pune. We serve clients in 150 countries with an approach to deep dive into the economic aspects and geographical nuances for unfailing business intelligence.

Contact us:

Transparency Market Research
State Tower,
90 State Street, Suite 700,
Albany NY – 12207,
United States
Tel: +1-518-618-1030 Email: [email protected]
Website: https://www.transparencymarketresearch.com