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AMI Water Meter Market Size

Report ID: GMI5944
Published Date: Nov 2024
Report Format: PDF

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AMI Water Meter Market Size

The global AMI water meter market was valued at USD 1.6 billion in 2024 and is estimated to grow at a CAGR of 30% from 2025 to 2034, due to increasing water scarcity concerns and demand for efficient management systems. Government regulations mandating improved water consumption monitoring and leak detection are driving AMI adoption. The U.S. Environmental Protection Agency reports that utilities with AMI systems can reduce non-revenue water losses by up to 50%, which in turn complements the product penetration.

AMI water meter market

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Integration of IoT technologies in AMI enables real-time data collection, enhancing operational efficiency and supporting conservation efforts. Smart technology advancements and the smart cities trend contribute to market expansion. Rising awareness of water wastage and the need for optimized billing systems further promote AMI water meter adoption, especially in urban areas.

AMI Water Meter Market Report Attributes
Report Attribute	Details
Base Year:	2024
AMI Water Meter Market Size in 2024:	USD 1.6 Billion
Forecast Period:	2025 – 2034
Forecast Period 2025 – 2034 CAGR:	30%
2025 – 2034 Value Projection:	USD 22.3 Billion
Historical Data for:	2021 – 2023
No. of Pages:	100
Tables, Charts & Figures:	20
Segments covered:	Product, Application
Growth Drivers:	Rising need for water conservation and efficiency Ongoing regulatory requirements and mandates Aging water infrastructure Rapid technological advancements
Pitfalls & Challenges:	High initial investment

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Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The global market for AMI water meter was reached USD 1.6 billion in 2024 and is estimated to grow at a 30% CAGR from 2025 to 2034, driven by increasing water scarcity concerns and demand for efficient management systems.

The residential sector is projected to surpass USD 10.5 billion by 2034, led by the increasing demand for accurate billing, water conservation, and efficient resource management.

The cold water meter market is expected to witness a CAGR of more than 29.5% through 2034, propelled by the increasing need for accurate water consumption monitoring and improved billing efficiency.

The U.S. AMI water meter market is projected to exceed USD 63.5 billion by 2034, driven by demand for accurate metering and real-time consumption monitoring.

Major players in the AMI water meter industry include Arad Group, Badger Meter, Diehl Stiftung & Co. KG, Honeywell International, Itron, Kamstrup, Landis+Gyr, Ningbo Water Meter, Sensus, Siemens, Sontex, and ZENNER International.