The Business Research Company’s Water Meter Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Water Meter Global Market Report 2023 evaluates water meter market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global water meter market is expected to grow from $6,563.7 million in 2027 at a rate of 5.7%. The market is then expected to grow at a CAGR of 7.7% from 2027 and reach $9,522.9 million in 2032.
The increasing water usage is expected to propel the growth of the water meter market in the forecast period. Water consumption is defined as the amount of water that is not returned to the source after usage. Water metering affects the consumption of water as it charges the user as per the volume of water used and also provides the easier detection of leakage in the water pipes which helps in facilitating less wastage of water. For example, according to the Nature journal, a UK-based weekly scientific journal, global water demand for all uses is about 4,600 km3 per year, which will increase by 20% to 30% by 2050, up to 5,500 to 6,000 km3 per year. The global water demand for agriculture will increase by 60% by 2025. Therefore, increasing water usage will drive the growth of the water meters market.
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The water meter market segments in the report are:
1) By Product Type: Mechanical Water Meter; Smart Water Meter
2) By Application: Residential; Commercial; Industrial
The table of contents in TBRC’s water meter market report includes:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
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26. Company Profiles
27. Key Mergers and Acquisitions
28. Opportunities And Strategies
29. Water Meter Market, Conclusions And Recommendations
30. Appendix
Top Major Players:
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