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Based on application, the residential segment is anticipated to surpass USD 2.6 billion by 2034 since the growing demand for water conservation and efficiency in residential areas is driving the adoption of smart water meters. AMI water meters enable homeowners to monitor their water consumption in real-time, which encourages more responsible usage and reduces wastage. This increased awareness of water usage aligns with broader sustainability goals, leading to heightened demand for AMI systems.
Based on product, the cold-water segment in the North America AMI water meters market is projected to achieve a CAGR of over 28.3% through 2034, since the cold-water meters are widely used in both residential and commercial applications, making them a crucial segment in the overall market. The increasing demand for water conservation and efficient resource management is driving the adoption of cold-water AMI meters, as they provide real-time data on water consumption, enabling accurate billing and enhanced leak detection.
The U.S AMI water meters market is projected to surpass USD 3.9 billion by 2034, since the U.S. has been at the forefront of adopting smart water management solutions to address growing concerns over water conservation, infrastructure modernization, and utility efficiency. AMI water meters provide utilities with real-time data, helping to reduce water loss, improve billing accuracy, and enhance overall operational efficiency. These advantages are pushing utilities across the U.S. to adopt AMI systems on a larger scale.