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AMI Water Meter Market Trends

Report ID: GMI5944
Published Date: Jun 2023
Report Format: PDF

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AMI Water Meter Market Trends

The AMI water meter industry is expanding paradigm shift toward adoption of advanced data analytics, IoT integration, and water conservation initiatives. Increasing development of mobile and cloud-based applications combined with improving customer engagement and promoting water conservation will positively influence the industry outlook. Growing concerns over water scarcity in line with rising need for sustainable water management are the key parameter influence the adoption of AMI water meters. Improving accuracy in measuring water consumption compared to traditional meters, cost saving, and operational efficiencies are the key factor, which in turn will complement the business landscape.

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of AMI water meter crossed USD 974.5 million in 2022 and will witness more than 29.7% CAGR from 2023 to 2032.

AMI water meter market size in the residential application was around USD 510 million by 2022 and will observe over 28.9% CAGR from 2023 to 2032 attributed to the growing emphasis on water conservation and efficiency.

Europe AMI water meter market will observe over 30% CAGR from 2023 to 2032 owing to the rising regulatory efforts aimed at water conservation and efficiency across the region.

Ningbo Water Meter Co., Ltd, ZENNER International GmbH & Co. KG, Arad Group, Sensus, Sontex SA, Itron Inc., Kamstrup, Honeywell International Inc., Landis+Gyr, Badger Meter, Inc., Siemens, and Diehl Stiftung & Co. KG.