Home > Energy & Power > Electrical Equipment > Meters > AMI Water Meter Market

AMI Water Meter Market Trends

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

Download Free Sample

AMI Water Meter Market Trends

The Advanced Metering Infrastructure (AMI) water meter market is experiencing significant growth driven by several key factors. Integration of IoT and cloud technologies enables real-time monitoring and data analytics, improving water management efficiency. Utilities are rapidly adopting smart meters to enhance billing accuracy, leak detection, and customer engagement. The market is shifting towards energy-efficient and cost-effective AMI systems, leveraging advancements in sensor technologies and wireless communication.

Government initiatives for sustainability are prompting the retrofitting of existing infrastructure with AMI solutions. The U.S. Environmental Protection Agency reports that implementing water metering and pricing programs can reduce water consumption by 20% or more, highlighting the potential impact of AMI systems. Additionally, the expansion of smart cities is creating new opportunities in urban and residential water management, further driving market growth.

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.