Top Water Meter Companies

Global Water Meter Market size was valued at USD 22.95 Billion in 2024 and is poised to grow from USD 23.93 Billion in 2025 to USD 33.52 Billion by 2033, growing at a CAGR of 4.3% during the forecast period (2026–2033).

The water meter market has a compressed competitive landscape with a small number of major players operating on a global and regional level. To raise their individual product portfolios and establish a solid footing in the global market, key players are working on product development and strategic alliances. 'Badger Meter, Inc. (US) ', 'Diehl Stiftung & Co. KG (Germany) ', 'Itron Inc. (US) ', 'Kamstrup A/S (Denmark) ', 'Master Meter, Inc. (US) ', 'Neptune Technology Group Inc. (US) ', 'Arad Group (Israel) ', 'Apator S.A. (Poland) ', 'Zenner International GmbH & Co. KG (Germany) ', 'Honeywell International Inc. (US) ', 'ABB Ltd. (Switzerland) ', 'Chongqing Smart Water Meter Group Co., Ltd. (China) ', 'Siemens AG (Germany) ', 'KROHNE Messtechnik GmbH (Germany)'

Industrialization's explosive growth has resulted in the establishment of numerous production facilities, warehouses, and other commercial structures including offices and hotels. These businesses are operated on a regular basis and are spread over a sizable area.

High quality polymers are being used more frequently in the production of plastic materials for water meters. In comparison to metal-based meters, plastic meters have a variety of benefits, such as flexibility and affordability. Additionally, because plastic is a poor conductor of electricity, deployment is simpler. Offering plastic water meter and components is the main focus of many top market players. About 97% of properties already have traditional meter installed, which are read every two months. The Japanese government is searching for a smart water meter solution that will allow it to accomplish this goal as a result of the growing emphasis on intelligent and efficient water supply. Additionally, there is less need for water due to the region's dwindling population. The tendency is expected to intensify with the widespread use of water-saving equipment, which could lead to a decrease in the revenue received from water fees. Eventually, this can put a strain on the resources associated with water utility companies.

Due to the presence of several companies dedicated to providing solutions to water management approaches, it is predicted that the market would expand greatly in the North American region. In the manufacturing, construction, and automotive industries, there is a considerable need for water metering equipment. The development of industries in countries like the U.S. and Canada has been driven by the rise in initiatives and efforts by non-governmental groups to save water.