India Smart Water Metering Market (2025-2031) Outlook | Analysis, Companies, Revenue, Trends, Share, Forecast, Size, Value, Industry & Growth

Market Forecast 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: ETC4527085 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Smart Water Metering Market Import Shipment Trend (2020-2024)

The India smart water metering market import shipment witnessed a steady growth with a CAGR of 6.3% from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024, indicating a sharp slowdown in market expansion during that period. Overall, the market showed positive momentum but experienced a notable deceleration towards the end of the period.

Graph Showing India smart water metering market Shipment Trend & Volume from 2020-2024

India Smart Water Metering Market Overview

Smart water metering systems are crucial for efficient water management and conservation. The India smart water metering market has gained significance as water resources become increasingly scarce and valuable. Smart water meters enable real-time monitoring and data analytics, helping utilities and consumers track and manage their water consumption. Government initiatives to modernize water infrastructure and improve water supply management have boosted the adoption of smart water metering solutions. Manufacturers are developing advanced metering technologies to address the challenges of water scarcity and wastage in India.

Drivers of the Market

The India smart water metering market is being propelled by several factors. Firstly, there is an increasing focus on water conservation and efficient management of water resources. Smart water meters enable real-time monitoring and data collection, aiding water utilities in leak detection and reducing water wastage. Secondly, the government`s initiatives and policies promoting smart cities and the digitization of utilities are encouraging the adoption of smart water meters. Furthermore, the rising urbanization and population growth in India are putting pressure on water supply systems, necessitating better management, which is achievable through smart water metering. These factors, along with the demand for accurate billing and transparency in water usage, are key drivers for the market.

Challenges of the Market

Challenges in the smart water metering market include the deployment of cost-effective solutions for water management, data security, and addressing the issues related to water scarcity and contamination.

COVID-19 Impact on the Market

The COVID-19 pandemic highlighted the importance of efficient water management and conservation. While the deployment of smart water metering systems faced some challenges due to lockdowns and disruptions, the crisis underscored the need for remote monitoring and data collection in the water sector. This drove increased interest in smart water metering, especially in urban areas, as utilities sought ways to optimize water distribution and revenue collection.

Key Players in the Market

For smart water metering, significant players include Sensus, Itron Inc., Elster Group (Honeywell), Kamstrup, and Badger Meter.

Key Highlights of the Report:

  • India Smart Water Metering Market Outlook
  • Market Size of India Smart Water Metering Market, 2024
  • Forecast of India Smart Water Metering Market, 2031
  • Historical Data and Forecast of India Smart Water Metering Revenues & Volume for the Period 2021-2031
  • India Smart Water Metering Market Trend Evolution
  • India Smart Water Metering Market Drivers and Challenges
  • India Smart Water Metering Price Trends
  • India Smart Water Metering Porter's Five Forces
  • India Smart Water Metering Industry Life Cycle
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Meter Type for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Ultrasonic for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Electromagnetic for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Smart Mechanical for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Water Utilities for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Industries for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By AMI for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By AMR for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Meter & Accessories for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By IT Solutions for the Period 2021-2031
  • Historical Data and Forecast of India Smart Water Metering Market Revenues & Volume By Communications for the Period 2021-2031
  • India Smart Water Metering Import Export Trade Statistics
  • Market Opportunity Assessment By Meter Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By Component
  • India Smart Water Metering Top Companies Market Share
  • India Smart Water Metering Competitive Benchmarking By Technical and Operational Parameters
  • India Smart Water Metering Company Profiles
  • India Smart Water Metering Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Smart Water Metering Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Smart Water Metering Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 India Smart Water Metering Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Smart Water Metering Market Revenues & Volume, 2021 & 2031F

3.3 India Smart Water Metering Market - Industry Life Cycle

3.4 India Smart Water Metering Market - Porter's Five Forces

3.5 India Smart Water Metering Market Revenues & Volume Share, By Meter Type, 2021 & 2031F

3.6 India Smart Water Metering Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Smart Water Metering Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.8 India Smart Water Metering Market Revenues & Volume Share, By Component, 2021 & 2031F

4 India Smart Water Metering Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government initiatives promoting smart water metering adoption

4.2.2 Increasing urbanization and population density in India

4.2.3 Growing awareness about water conservation and sustainability

4.3 Market Restraints

4.3.1 Initial high investment costs for implementing smart water metering systems

4.3.2 Lack of skilled workforce for installation and maintenance of smart water meters

4.3.3 Resistance to change from traditional water metering systems

5 India Smart Water Metering Market Trends

6 India Smart Water Metering Market, By Types

6.1 India Smart Water Metering Market, By Meter Type

6.1.1 Overview and Analysis

6.1.2 India Smart Water Metering Market Revenues & Volume, By Meter Type, 2021-2031F

6.1.3 India Smart Water Metering Market Revenues & Volume, By Ultrasonic, 2021-2031F

6.1.4 India Smart Water Metering Market Revenues & Volume, By Electromagnetic, 2021-2031F

6.1.5 India Smart Water Metering Market Revenues & Volume, By Smart Mechanical, 2021-2031F

6.2 India Smart Water Metering Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Smart Water Metering Market Revenues & Volume, By Water Utilities, 2021-2031F

6.2.3 India Smart Water Metering Market Revenues & Volume, By Industries, 2021-2031F

6.3 India Smart Water Metering Market, By Technology

6.3.1 Overview and Analysis

6.3.2 India Smart Water Metering Market Revenues & Volume, By AMI, 2021-2031F

6.3.3 India Smart Water Metering Market Revenues & Volume, By AMR, 2021-2031F

6.4 India Smart Water Metering Market, By Component

6.4.1 Overview and Analysis

6.4.2 India Smart Water Metering Market Revenues & Volume, By Meter & Accessories, 2021-2031F

6.4.3 India Smart Water Metering Market Revenues & Volume, By IT Solutions, 2021-2031F

6.4.4 India Smart Water Metering Market Revenues & Volume, By Communications, 2021-2031F

7 India Smart Water Metering Market Import-Export Trade Statistics

7.1 India Smart Water Metering Market Export to Major Countries

7.2 India Smart Water Metering Market Imports from Major Countries

8 India Smart Water Metering Market Key Performance Indicators

8.1 Percentage increase in smart water meter installations in urban areas

8.2 Average monthly water consumption per capita in cities where smart meters are implemented

8.3 Reduction in water leakage rates in regions with smart water metering systems

8.4 Percentage of water utilities using data analytics from smart meters to improve efficiency

8.5 Customer satisfaction scores related to water billing accuracy and service responsiveness

9 India Smart Water Metering Market - Opportunity Assessment

9.1 India Smart Water Metering Market Opportunity Assessment, By Meter Type, 2021 & 2031F

9.2 India Smart Water Metering Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Smart Water Metering Market Opportunity Assessment, By Technology, 2021 & 2031F

9.4 India Smart Water Metering Market Opportunity Assessment, By Component, 2021 & 2031F

10 India Smart Water Metering Market - Competitive Landscape

10.1 India Smart Water Metering Market Revenue Share, By Companies, 2024

10.2 India Smart Water Metering Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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