Asia Pacific Smart Water Metering Market Size - By Application, By Technology, By Product, Analysis, Share, & Forecast, 2025 - 2034

Asia Pacific Smart Water Metering Market Size

The global Asia Pacific smart water metering market was valued at USD 510.9 million in 2024 and is estimated to grow at a CAGR 30.4% from 2025 to 2034, due to the increasing urbanization, water scarcity concerns, and the need for efficient water management. Governments in the region are adopting smart water metering technologies to improve resource allocation, reduce water wastage, and enhance billing accuracy. The rise in smart city initiatives and the growing emphasis on sustainability are driving the demand for automated water monitoring solutions. Additionally, advancements in IoT (Internet of Things) and wireless communication technologies have enabled the development of more efficient, real-time data collection and monitoring systems.
 

Countries like China, India, Japan, and Australia are leading the market, with utilities investing in smart meters to enhance operational efficiency and provide consumers with better control over water consumption. The market's growth is also fueled by the increasing focus on reducing operational costs, improving customer service, and supporting environmental sustainability efforts.
 

Asia Pacific Smart Water Metering Market Trends

Governments across the Asia Pacific region is increasingly prioritizing water management due to growing concerns over water scarcity and the need for sustainable water use. Countries like China, India, and Australia are implementing regulations to promote water conservation, which has led to the adoption of smart water meters. These meters help utilities monitor consumption more accurately, detect leaks, and improve billing systems. In India, for example, the government has been pushing for smart water meters as part of its smart city initiatives to modernize water infrastructure.
 

The integration of Internet of Things (IoT) technology is one of the most significant trends in the Asia Pacific smart water metering market. IoT-enabled smart meters provide real-time data on water consumption, allowing utilities to monitor usage patterns, detect issues like leaks or overuse, and optimize water distribution networks. These meters are also being integrated with cloud-based platforms, allowing for remote monitoring and management. This trend is enhancing the efficiency of water distribution, reducing operational costs, and improving customer satisfaction.
 

Asia Pacific Smart Water Metering Market Analysis

Based on application, the residential segment is anticipated to surpass USD 3.4 billion by 2034, due to growing demand for water conservation driven by increasing awareness among consumers about environmental sustainability and efficient resource management. Smart water meters provide households with detailed insights into their water consumption, helping residents reduce wastage and manage usage more effectively. the rapid adoption of smart home technologies is playing a crucial role in the growth of this segment.
 

Based on technology, the Automatic Meter Reading (AMR) segment is projected to achieve a CAGR of over 22.1% trough 2034, due to the growing need for efficient, cost-effective water management solutions. AMR technology enables utilities to collect meter data remotely without requiring manual intervention, significantly reducing labor costs and human error. This capability is especially crucial in densely populated regions, where manual meter reading can be labor-intensive and inefficient.
 

The China smart water metering market is projected to surpass USD 3.5 billion by 2034, due to the country's increasing focus on water conservation, infrastructure modernization, and smart city development. As one of the largest consumers of water globally, China faces significant challenges related to water scarcity and inefficient resource management, prompting government initiatives to adopt advanced metering technologies. Government policies, such as the "Made in China 2025" strategy and various smart city initiatives, are accelerating the deployment of smart water meters.
 

Asia Pacific Smart Water Metering Market Share

Companies like Itron and Siemens hold a major share of the Asia Pacific smart water metering industry, utilizing their vast expertise, global presence, and wide range of product offerings. These industry leaders deliver advanced, integrated solutions that combine IoT, AI, and cloud technologies to improve energy efficiency and water management. Their significant investments in research and development foster continuous innovation, while strategic collaborations with key sectors—such as commercial, industrial, and utilities—enhance their market position and expand their reach.
 

Asia Pacific Smart Water Metering Market Companies

Major players operating in the Asia Pacific smart water metering industry are:

• Aclara Technologies
• Apator
• Arad Group
• Badger Meter
• BMETERS
• Diehl Stiftung
• Honeywell International
• Itron
• Kamstrup
• Landis+Gyr
• Nepune Technology Group
• Ningbo Water Meter
• Schneider Electric
• Sensus
• Siemens
• Sontex
• Zenner International
   

Asia Pacific Smart Water Metering Industry News

• In January 2024, Itron, Inc., a leader in innovating how utilities and cities manage energy and water, announced the expansion of its Aquadis+ volumetric water meter production to Southeast Asia. The meters are now being manufactured at Itron’s facility in Indonesia. This expansion aims to better serve Itron’s customers and meet the growing demand for Aquadis+ water meters in Asia Pacific countries, including Vietnam, Singapore, Indonesia, and Malaysia.
   
• In October 2023, KAIFA1 and UnaBiz2 unveiled a strategic partnership to expedite the global rollout of smart water metering solutions utilizing Sigfox 0G technology. Their collaboration seeks to launch a dual-mode hybrid solution integrating both Sigfox 0G and LoRa technologies. This partnership is set to provide advanced water metering solutions that are not only accurate and reliable but also cost-effective, scalable, and environmentally sustainable.
   

This Asia Pacific smart water metering market research report includes in-depth coverage of the industry with estimates & forecast in terms of ‘USD Million and ‘000 Units’ from 2021 to 2034, for the following segments:

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Market, By Application

• Residential
• Commercial
• Utility

Market, By Technology

• AMI
• AMR

Market, By Product

• Hot Water Meter
• Cold Water Meter

The above information has been provided for the following countries:

• China
• Australia
• India
• Japan
• South Korea