Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Meter Type (Ultrasonic, Electromagnetic, Smart Mechanical), By Application (Water Utilities, Industries), By Technology (AMI, AMR), By Component (Meter & Accessories, IT Solutions, Communications) And Competitive Landscape
| Product Code: ETC4608097 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 |
According to 6Wresearch internal database and industry insights, the Asia Pacific Smart Water Metering Market was valued at USD 4.2 billion in 2024 and is projected to reach nearly USD 9.1 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 11.7% during the forecast period (2025-2031).
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Years | Est. Annual Growth (%) | Growth Drivers |
| 2020 | 8 | Rapid urbanization and rising water scarcity awareness. |
| 2021 | 9.1 | Increased government initiatives on water conservation. |
| 2022 | 9.5 | Growth in industrialization and large-scale infrastructure projects. |
| 2023 | 10.2 | Rising adoption of IoT-enabled smart technologies in water management. |
| 2024 | 10.9 | Government investments in advanced metering infrastructure (AMI) solutions |
Asia Pacific Smart Water Metering Market report thoroughly covers the market by countries, meter types, applications, technologies, components, and modes of application. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.
| Report Name | Asia Pacific Smart Water Metering Market |
| Forecast period | 2025-2031 |
| CAGR | 11.7% |
| Market Size | USD 9.1 billion by 2031 |
| Growing Sector | Smart Metering & Water Management Solutions |
Substantial growth is being seen in the Asia Pacific smart water metering market, driven by the need for more effective water resource management, ongoing urbanization, and the integration of digital solutions. Governments are promoting smarter, more sustainable infrastructure projects. Both water utilities and industries are adopting advanced metering technologies to optimize consumption and curb waste. Additionally, the need for real-time data, remote monitoring, and enhanced operational efficiency is further propelling the demand for smart meters.
Below mentioned are some growth drivers and their impact on market dynamics:
| Drivers | Primary Segments Affected | Why It Matters |
| Water Scarcity Awareness | Meter Types (Ultrasonic, Electromagnetic) | Promotes adoption of efficient water metering solutions. |
| Government Initiatives for Water Conservation | Application (Water Utilities, Industries) | Boost up implementation of smart water meters in water utilities. |
| Digitalization & Smart Infrastructure | Technology (AMI, AMR) | grows demand for automated data collection and real-time monitoring. |
| Industrialization & Urbanization | Meter Types (Smart Mechanical) | Supports demand for scalable water metering solutions in urban sectors. |
| Policy-driven Sustainability Goals | Components (Meter & Accessories) | Drives adoption of eco-friendly and low-energy consumption meters. |
Asia Pacific Smart Water Metering Market is expected to have significant growth registering a CAGR of 11.7% during the forecast period of 2025-2031. Driven by the growing need for efficient water management in both urban and industrial areas, the market is benefiting from the adoption of digital technologies and government-led initiatives to promote water conservation. Smart water meters enable utilities to better manage resources by providing real-time data, improving billing accuracy, and streamlining maintenance. The rising emphasis on sustainability is further fueling the demand for energy-efficient and environmentally sustainable smart meters.
Below mentioned are some major restraints and their influence on market dynamics:
| Restraints | Primary Segments Affected | What This Means |
| High Installation Costs | All Meter Types | Limits adoption in regions with tight budgets. |
| Limited Infrastructure in Rural Areas | Application (Water Utilities) | Slows implementation in remote and underserved areas. |
| Complex Regulatory Compliance | Technology (AMI, AMR) | Increases operational costs and delays market penetration. |
| Lack of Skilled Labor | Components (IT Solutions, Communications) | Hampers installation and maintenance of smart meters. |
| Data Privacy Concerns | All Components | Concerns over data security can slow market adoption |
The Asia Pacific Smart Water Industry faces multiple challenges. These challenges include high installation costs and limited infrastructure in both urban and remote areas. Moreover, data privacy concerns are also a major challenge within this market. Also, regulatory compliance can create barriers to the swift deployment of smart water metering systems, mainly in countries with stringent standards. Another challenge is lack of skilled personnel for installation and maintenance that needs to be addressed for smooth market growth.
Some major trends contributing to the development of the Asia Pacific Smart Water Metering Market growth are:
Here are some investment opportunities in the Asia Pacific Smart Water Metering Industry:
Here are some top companies contributing to Asia Pacific Smart Water Metering Market Share:
| Company Name | Itron, Inc. |
| Established Year | 1982 |
| Headquarters | Liberty Lake, Washington, USA |
| Official Website | Click Here |
Itron is a global technology company that provides smart water metering solutions, leveraging IoT and data analytics to optimize water distribution and consumption.
| Company Name | Sensus (Xylem Inc.) |
| Established Year | 2005 |
| Headquarters | Raleigh, North Carolina, USA |
| Official Website | Click Here |
Sensus, a Xylem brand, offers advanced smart metering and data analytics solutions that enhance water management through real-time monitoring and automation.
| Company Name | Kamstrup A/S |
| Established Year | 1946 |
| Headquarters | Skanderborg, Denmark |
| Official Website | Click Here |
Kamstrup provides intelligent metering solutions, specializing in smart water, gas, heat, and electricity meters, with a focus on energy efficiency and sustainability.
| Company Name | Elster Group (Honeywell International Inc.) |
| Established Year | 1991 |
| Headquarters | Rosh Ha'Ayin, Israel |
| Official Website | - |
Elster, a Honeywell brand, is known for its advanced water metering solutions, offering innovative products designed to improve water management for utilities and industries.
| Company Name | Diehl Metering |
| Established Year | 1902 |
| Headquarters | Nuremberg, Germany |
| Official Website | Click Here |
Diehl Metering specializes in the development of smart metering solutions for water, heat, gas, and electricity, providing integrated systems for accurate data collection and analysis.
Across Asia Pacific, governments are implementing regulations to promote smarter water management. In India, the National Water Policy stresses water metering and efficient management. The Water Efficiency Labelling and Standards (WELS) Scheme in Australia promotes the use of water-efficient equipment, such as smart meters. The Water Resource Law in China requires water metering in all metropolitan regions to prevent wasting. These rules are promoting the implementation of intelligent water metering solutions, facilitating sustainable water consumption and enhancing efficiency.
The outlook for the Asia Pacific smart water metering market is promising, driven by urbanization, governmental initiatives, and technical innovations. The integration of IoT technologies and sustainable practices will be pivotal to market expansion. With the escalating issue of water shortage, smart meters would be crucial in water conservation, facilitating enhanced management and operational efficiency. The transition to more intelligent and efficient water systems will persist in propelling the industry in the forthcoming years.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Guneet Kaur, Senior Research Analyst, 6Wresearch, China dominates the Asia Pacific smart water metering market due to rapid urbanization, government investments in smart infrastructure, and a focus on efficient water management systems. The adoption of advanced technologies in urban areas is fueling growth.
Ultrasonic meters lead the market due to their high accuracy and minimal maintenance needs. These meters are ideal for both residential and commercial applications, offering precise measurements even in challenging conditions.
Water utilities lead the growth in the market as they increasingly adopt smart water meters to improve operational efficiency, reduce water loss, and optimize resource management. Real-time data collection through smart meters enhances monitoring and billing accuracy in water management.
AMI technology is the fastest-growing segment due to its ability to provide real-time data, improve operational efficiency, and allow utilities to manage water distribution effectively. This technology is central to modernizing water management systems.
Meter & accessories are the leading segment due to their integral role in ensuring the functionality of smart water metering systems. The demand for high-quality meters and supporting components is growing as utilities prioritize precise, reliable, and long-lasting water metering solutions.
The report subsequently cover the market by following segments and subsegments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Asia Pacific Smart Water Metering Market Overview |
| 3.1 Asia Pacific Regional Macro Economic Indicators |
| 3.2 Asia Pacific Smart Water Metering Market Revenues & Volume, 2021 & 2031F |
| 3.3 Asia Pacific Smart Water Metering Market - Industry Life Cycle |
| 3.4 Asia Pacific Smart Water Metering Market - Porter's Five Forces |
| 3.5 Asia Pacific Smart Water Metering Market Revenues & Volume Share, By Countries, 2021 & 2031F |
| 3.6 Asia Pacific Smart Water Metering Market Revenues & Volume Share, By Meter Type, 2021 & 2031F |
| 3.7 Asia Pacific Smart Water Metering Market Revenues & Volume Share, By Application, 2021 & 2031F |
| 3.8 Asia Pacific Smart Water Metering Market Revenues & Volume Share, By Technology, 2021 & 2031F |
| 3.9 Asia Pacific Smart Water Metering Market Revenues & Volume Share, By Component, 2021 & 2031F |
| 4 Asia Pacific Smart Water Metering Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Asia Pacific Smart Water Metering Market Trends |
| 6 Asia Pacific Smart Water Metering Market, 2021 - 2031 |
| 6.1 Asia Pacific Smart Water Metering Market, Revenues & Volume, By Meter Type, 2021 - 2031 |
| 6.2 Asia Pacific Smart Water Metering Market, Revenues & Volume, By Application, 2021 - 2031 |
| 6.3 Asia Pacific Smart Water Metering Market, Revenues & Volume, By Technology, 2021 - 2031 |
| 6.4 Asia Pacific Smart Water Metering Market, Revenues & Volume, By Component, 2021 - 2031 |
| 7 China Smart Water Metering Market, 2021 - 2031 |
| 7.1 China Smart Water Metering Market, Revenues & Volume, By Meter Type, 2021 - 2031 |
| 7.2 China Smart Water Metering Market, Revenues & Volume, By Application, 2021 - 2031 |
| 7.3 China Smart Water Metering Market, Revenues & Volume, By Technology, 2021 - 2031 |
| 7.4 China Smart Water Metering Market, Revenues & Volume, By Component, 2021 - 2031 |
| 8 India Smart Water Metering Market, 2021 - 2031 |
| 8.1 India Smart Water Metering Market, Revenues & Volume, By Meter Type, 2021 - 2031 |
| 8.2 India Smart Water Metering Market, Revenues & Volume, By Application, 2021 - 2031 |
| 8.3 India Smart Water Metering Market, Revenues & Volume, By Technology, 2021 - 2031 |
| 8.4 India Smart Water Metering Market, Revenues & Volume, By Component, 2021 - 2031 |
| 9 Japan Smart Water Metering Market, 2021 - 2031 |
| 9.1 Japan Smart Water Metering Market, Revenues & Volume, By Meter Type, 2021 - 2031 |
| 9.2 Japan Smart Water Metering Market, Revenues & Volume, By Application, 2021 - 2031 |
| 9.3 Japan Smart Water Metering Market, Revenues & Volume, By Technology, 2021 - 2031 |
| 9.4 Japan Smart Water Metering Market, Revenues & Volume, By Component, 2021 - 2031 |
| 10 Australia Smart Water Metering Market, 2021 - 2031 |
| 10.1 Australia Smart Water Metering Market, Revenues & Volume, By Meter Type, 2021 - 2031 |
| 10.2 Australia Smart Water Metering Market, Revenues & Volume, By Application, 2021 - 2031 |
| 10.3 Australia Smart Water Metering Market, Revenues & Volume, By Technology, 2021 - 2031 |
| 10.4 Australia Smart Water Metering Market, Revenues & Volume, By Component, 2021 - 2031 |
| 11 Indonesia Smart Water Metering Market, 2021 - 2031 |
| 11.1 Indonesia Smart Water Metering Market, Revenues & Volume, By Meter Type, 2021 - 2031 |
| 11.2 Indonesia Smart Water Metering Market, Revenues & Volume, By Application, 2021 - 2031 |
| 11.3 Indonesia Smart Water Metering Market, Revenues & Volume, By Technology, 2021 - 2031 |
| 11.4 Indonesia Smart Water Metering Market, Revenues & Volume, By Component, 2021 - 2031 |
| 12 Philippines Smart Water Metering Market, 2021 - 2031 |
| 12.1 Philippines Smart Water Metering Market, Revenues & Volume, By Meter Type, 2021 - 2031 |
| 12.2 Philippines Smart Water Metering Market, Revenues & Volume, By Application, 2021 - 2031 |
| 12.3 Philippines Smart Water Metering Market, Revenues & Volume, By Technology, 2021 - 2031 |
| 12.4 Philippines Smart Water Metering Market, Revenues & Volume, By Component, 2021 - 2031 |
| 13 Malaysia Smart Water Metering Market, 2021 - 2031 |
| 13.1 Malaysia Smart Water Metering Market, Revenues & Volume, By Meter Type, 2021 - 2031 |
| 13.2 Malaysia Smart Water Metering Market, Revenues & Volume, By Application, 2021 - 2031 |
| 13.3 Malaysia Smart Water Metering Market, Revenues & Volume, By Technology, 2021 - 2031 |
| 13.4 Malaysia Smart Water Metering Market, Revenues & Volume, By Component, 2021 - 2031 |
| 14 Rest of Asia Smart Water Metering Market, 2021 - 2031 |
| 14.1 Rest of Asia Smart Water Metering Market, Revenues & Volume, By Meter Type, 2021 - 2031 |
| 14.2 Rest of Asia Smart Water Metering Market, Revenues & Volume, By Application, 2021 - 2031 |
| 14.3 Rest of Asia Smart Water Metering Market, Revenues & Volume, By Technology, 2021 - 2031 |
| 14.4 Rest of Asia Smart Water Metering Market, Revenues & Volume, By Component, 2021 - 2031 |
| 11 Asia Pacific Smart Water Metering Market Key Performance Indicators |
| 12 Asia Pacific Smart Water Metering Market - Opportunity Assessment |
| 12.1 Asia Pacific Smart Water Metering Market Opportunity Assessment, By Countries, 2021 & 2031F |
| 12.2 Asia Pacific Smart Water Metering Market Opportunity Assessment, By Meter Type, 2021 & 2031F |
| 12.3 Asia Pacific Smart Water Metering Market Opportunity Assessment, By Application, 2021 & 2031F |
| 12.4 Asia Pacific Smart Water Metering Market Opportunity Assessment, By Technology, 2021 & 2031F |
| 12.5 Asia Pacific Smart Water Metering Market Opportunity Assessment, By Component, 2021 & 2031F |
| 13 Asia Pacific Smart Water Metering Market - Competitive Landscape |
| 13.1 Asia Pacific Smart Water Metering Market Revenue Share, By Companies, 2024 |
| 13.2 Asia Pacific Smart Water Metering Market Competitive Benchmarking, By Operating and Technical Parameters |
| 14 Company Profiles |
| 15 Recommendations |
| 16 Disclaimer |