Top Smart Water Meters Companies

The Smart water meters market is forecasted to reach USD 9.04 billion by 2030 from an estimated USD 4.61 billion in 2024, at a CAGR of 11.9% during the forecast period (2024-2030). The growth of smart water meters is attributed because of need for efficient water management, savings, and sustainability. Real-time meter usage gives utilities the advantage of reduced leaks, optimized billing, and improved allocation of resources. Consumers get an insight into water consumption patterns for conservation and lower bills. Regulatory mandates and increasing water scarcity further push adoption of smart water meters globally.

Top Companies in Smart Water Meters Industry

• Badger Meter, Inc. (US), 
• Sensus (Xylem), (US), 
• Diehl Stiftung & Co. KG. (Germany), 
• Landis+Gyr (Switzerland), 
• Itron, Inc. (US). 

The companies are majorly following product launches, expansions, contracts, agreements, partnerships, and acquisition as the strategy to grow and expand the market.

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Badger Meter, Inc. is one of the leading suppliers of smart metering solutions for water consumption. The company operates through two major business divisions: municipal water and flow instrumentation. It manufactures flow measurement and control technologies and, through this, reaches water utilities, municipalities, and residential, commercial, and industrial customers round the city.

Sensus, a Xylem brand that focuses on cutting-edge technology solutions for utilities and public-sector service providers, is an industry giant in metering solutions for water, gas, electric, and heat utilities through the provision of communication, metrology, and software solutions. The company boasts a very wide range of products, which include water meters, flow sensors, turbo meters, electric meters, among others, with synchronized accessories.

Diehl Stiftung & Co. KG. Diehl is one of the leading manufacturers of industrial equipment. The company operates through six major business division, namely, metal, controls, defense, aviation, metering, and others. The metering business segment's product portfolio includes meters, systems & software, meter management, system management, and data management.

Itron, Inc.  is a global leader in providing secure and reliable solutions for critical infrastructure, with over 200 million devices deployed across utilities and cities worldwide. Its portfolio includes software, smart meters, sensors, and services designed to optimize energy and water usage data for customers. The company specializes in the design and manufacture of Automatic Meter Reading (AMR) systems and computer-based electronic meter reading systems. Operating through three key business segments—Device Solutions, Network Solutions, and Outcomes—Itron offers smart meters under the Device Solutions segment, while its smart meter analytics and meter data management services fall under the Outcomes segment.

Related Reports:

Smart Water Meters Market by Meter Type (Ultrasonic, Electromagnetic, Smart Mechanical), Application (Water Utilities, Industries), Technology (AMI, AMR), Component (Meters & Accessories, IT Solutions, Communications) - Global Forecast to 2030

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