The Asia Pacific Smart Water Meters Market would witness market growth of 11.5% CAGR during the forecast period (2025-2032).
The China market dominated the Asia Pacific Smart Water Meters Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $951 million by 2032. The Japan market is registering a CAGR of 10.5% during (2025 - 2032). Additionally, The India market showcasing a CAGR of 12.5% during (2025 - 2032).

The uses of smart water meters are rapidly expanding as technological advancements unlock new functionalities and integration capabilities. While the primary function remains the accurate measurement and reporting of water usage, today’s smart meters often incorporate a suite of sensors and communication modules that extend their utility far beyond traditional metering. Advanced models can monitor temperature, pressure, flow rate, and water quality parameters in real time, providing utilities with comprehensive data for network diagnostics and predictive maintenance.
Additionally, the ability to detect leaks—sometimes as small as a few drops per second—has transformed water loss management, enabling the identification and repair of leaks long before they escalate into major incidents. In regions prone to drought or flooding, smart meters can be linked to automated irrigation or drainage systems, supporting dynamic responses to weather events and water availability. Additionally, integration with smart grids and other utility networks (such as gas and electricity) supports holistic resource optimization and infrastructure planning at the city or district level.
India’s smart water meters market is rapidly growing, driven by the nation’s water scarcity challenges and ambitious smart city initiatives. Since the 2010s, India has shifted from manual metering to smart systems, with pilot projects in cities like Delhi and Bengaluru. The Ministry of Jal Shakti’s Smart Meter National Programme, launched in 2019, aims to install millions of smart meters in urban households, addressing NRW losses and improving billing efficiency. Utilities like the Bangalore Water Supply and Sewerage Board have deployed IoT-enabled meters to enhance water management.
Japan’s smart water meters market is a leader in technological sophistication, driven by the nation’s commitment to resource efficiency and smart city development. Since the early 2000s, Japan has transitioned from traditional metering to smart systems, with utilities adopting automated meter reading (AMR) to improve billing accuracy. The Ministry of Land, Infrastructure, Transport and Tourism has promoted smart meters to address water management challenges, particularly in urban centers like Tokyo and Osaka. By 2024, Japan aimed for near-complete smart meter coverage, as outlined in government plans for water infrastructure modernization.
Free Valuable Insights: The Global Smart Water Meters Market is Predict to reach USD 16.54 Billion by 2032, at a CAGR of 10.0%
Based on Technology, the market is segmented into AMR, and AMI. Based on Meter Type, the market is segmented into Electromagnetic Meter, Ultrasonic Meter, and Mechanical Meter. Based on Application, the market is segmented into Residential, Commercial, and Industrial. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Itron, Inc.
- Neptune Technology Group Inc. (Roper Technologies, Inc.)
- Honeywell International Inc.
- Badger Meter, Inc.
- Landis+Gyr Group AG
- Hubbell Incorporated
- Arad Group
- Diehl Stiftung & Co. KG
- B METERS S.R.L.
- Xylem, Inc. (Sensus)
Asia Pacific Smart Water Meters Market Report Segmentation
By Technology
By Meter Type
- Electromagnetic Meter
- Ultrasonic Meter
- Mechanical Meter
By Application
- Residential
- Commercial
- Industrial
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Water Meters Market, by Technology
1.4.2 Asia Pacific Smart Water Meters Market, by Meter Type
1.4.3 Asia Pacific Smart Water Meters Market, by Application
1.4.4 Asia Pacific Smart Water Meters Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.5 Porter Five Forces Analysis
Chapter 5. Value Chain Analysis of Smart Water Meters Market
5.1 Research & Development (R&D):
5.2 Component Sourcing & Procurement:
5.3 Manufacturing & Assembly:
5.4 Software Development & Integration:
5.5 Marketing & Sales:
5.6 Distribution & Logistics:
5.7 Installation & Deployment:
5.8 Post-Sales Services & Support:
5.9 Data Management & Monetization:
Chapter 6. Key Customer Criteria of Smart Water Meters Market
Chapter 7. Asia Pacific Smart Water Meters Market by Technology
7.1 Asia Pacific AMR Market by Country
7.2 Asia Pacific AMI Market by Country
Chapter 8. Asia Pacific Smart Water Meters Market by Meter Type
8.1 Asia Pacific Electromagnetic Meter Market by Country
8.2 Asia Pacific Ultrasonic Meter Market by Country
8.3 Asia Pacific Mechanical Meter Market by Country
Chapter 9. Asia Pacific Smart Water Meters Market by Application
9.1 Asia Pacific Residential Market by Country
9.2 Asia Pacific Commercial Market by Country
9.3 Asia Pacific Industrial Market by Country
Chapter 10. Asia Pacific Smart Water Meters Market by Country
10.1 China Smart Water Meters Market
10.1.1 China Smart Water Meters Market by Technology
10.1.2 China Smart Water Meters Market by Meter Type
10.1.3 China Smart Water Meters Market by Application
10.2 Japan Smart Water Meters Market
10.2.1 Japan Smart Water Meters Market by Technology
10.2.2 Japan Smart Water Meters Market by Meter Type
10.2.3 Japan Smart Water Meters Market by Application
10.3 India Smart Water Meters Market
10.3.1 India Smart Water Meters Market by Technology
10.3.2 India Smart Water Meters Market by Meter Type
10.3.3 India Smart Water Meters Market by Application
10.4 South Korea Smart Water Meters Market
10.4.1 South Korea Smart Water Meters Market by Technology
10.4.2 South Korea Smart Water Meters Market by Meter Type
10.4.3 South Korea Smart Water Meters Market by Application
10.5 Singapore Smart Water Meters Market
10.5.1 Singapore Smart Water Meters Market by Technology
10.5.2 Singapore Smart Water Meters Market by Meter Type
10.5.3 Singapore Smart Water Meters Market by Application
10.6 Malaysia Smart Water Meters Market
10.6.1 Malaysia Smart Water Meters Market by Technology
10.6.2 Malaysia Smart Water Meters Market by Meter Type
10.6.3 Malaysia Smart Water Meters Market by Application
10.7 Rest of Asia Pacific Smart Water Meters Market
10.7.1 Rest of Asia Pacific Smart Water Meters Market by Technology
10.7.2 Rest of Asia Pacific Smart Water Meters Market by Meter Type
10.7.3 Rest of Asia Pacific Smart Water Meters Market by Application
Chapter 11. Company Profiles
11.1 Itron, Inc.
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.2 Neptune Technology Group, Inc. (Roper Technologies, Inc.)
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.3 Honeywell International, Inc.
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expenses
11.3.5 Recent strategies and developments:
11.3.5.1 Product Launches and Product Expansions:
11.3.6 SWOT Analysis
11.4 Badger Meter, Inc.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Regional Analysis
11.4.4 Research & Development Expenses
11.4.5 Recent strategies and developments:
11.4.5.1 Acquisition and Mergers:
11.5 Landis+Gyr Group AG
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Regional Analysis
11.5.4 Research and Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Product Launches and Product Expansions:
11.6 Hubbell Incorporated
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 SWOT Analysis
11.7 Arad Group
11.7.1 Company Overview
11.8 Diehl Stiftung & Co. KG
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Research & Development Expense
11.8.4 Recent strategies and developments:
11.8.4.1 Product Launches and Product Expansions:
11.8.4.2 Acquisition and Mergers:
11.9 B METERS S.R.L.
11.9.1 Company Overview
11.10. Xylem, Inc. (Sensus)
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expense
11.10.5 Recent strategies and developments:
11.10.5.1 Product Launches and Product Expansions:
11.10.5.2 Acquisition and Mergers:
11.10.6 SWOT Analysis
TABLE 1 Asia Pacific Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 2 Asia Pacific Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Water Meters Market
TABLE 4 Product Launches And Product Expansions– Smart Water Meters Market
TABLE 5 Acquisition and Mergers– Smart Water Meters Market
TABLE 6 Key Customer Criteria of Smart Water Meters Market
TABLE 7 Asia Pacific Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 8 Asia Pacific Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 9 Asia Pacific AMR Market by Country, 2021 - 2024, USD Million
TABLE 10 Asia Pacific AMR Market by Country, 2025 - 2032, USD Million
TABLE 11 Asia Pacific AMI Market by Country, 2021 - 2024, USD Million
TABLE 12 Asia Pacific AMI Market by Country, 2025 - 2032, USD Million
TABLE 13 Use Case 1: Smart Water Meter Deployment with AMR Technology for Municipal Water Management (2025)
TABLE 14 Use Case 2: AMI-Based Smart Water Meter Deployment for Real-Time Water Management in Smart Cities (2025)
TABLE 15 Asia Pacific Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 16 Asia Pacific Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 17 Asia Pacific Electromagnetic Meter Market by Country, 2021 - 2024, USD Million
TABLE 18 Asia Pacific Electromagnetic Meter Market by Country, 2025 - 2032, USD Million
TABLE 19 Asia Pacific Ultrasonic Meter Market by Country, 2021 - 2024, USD Million
TABLE 20 Asia Pacific Ultrasonic Meter Market by Country, 2025 - 2032, USD Million
TABLE 21 Asia Pacific Mechanical Meter Market by Country, 2021 - 2024, USD Million
TABLE 22 Asia Pacific Mechanical Meter Market by Country, 2025 - 2032, USD Million
TABLE 23 Use Case 1: Electromagnetic Smart Water Meter Deployment for Industrial Water Management (2025)
TABLE 24 Use Case 2: Ultrasonic Smart Water Meter Deployment for Urban Residential Water Management (2025)
TABLE 25 Use Case 3: Mechanical Smart Water Meter Deployment for Rural Water Utility Management (2025)
TABLE 26 Asia Pacific Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 27 Asia Pacific Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 28 Asia Pacific Residential Market by Country, 2021 - 2024, USD Million
TABLE 29 Asia Pacific Residential Market by Country, 2025 - 2032, USD Million
TABLE 30 Asia Pacific Commercial Market by Country, 2021 - 2024, USD Million
TABLE 31 Asia Pacific Commercial Market by Country, 2025 - 2032, USD Million
TABLE 32 Asia Pacific Industrial Market by Country, 2021 - 2024, USD Million
TABLE 33 Asia Pacific Industrial Market by Country, 2025 - 2032, USD Million
TABLE 34 Use Case 1: Residential Smart Water Meter Deployment for Urban Water Conservation (2025)
TABLE 35 Use Case 2: Commercial Smart Water Meter Deployment for Shopping Mall Water Management (2025)
TABLE 36 Use Case 3: Industrial Smart Water Meter Deployment for Manufacturing Plant Efficiency (2025)
TABLE 37 Asia Pacific Smart Water Meters Market by Country, 2021 - 2024, USD Million
TABLE 38 Asia Pacific Smart Water Meters Market by Country, 2025 - 2032, USD Million
TABLE 39 China Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 40 China Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 41 China Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 42 China Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 43 China Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 44 China Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 45 China Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 46 China Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 47 Japan Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 48 Japan Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 49 Japan Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 50 Japan Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 51 Japan Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 52 Japan Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 53 Japan Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 54 Japan Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 55 India Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 56 India Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 57 India Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 58 India Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 59 India Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 60 India Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 61 India Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 62 India Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 63 South Korea Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 64 South Korea Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 65 South Korea Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 66 South Korea Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 67 South Korea Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 68 South Korea Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 69 South Korea Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 70 South Korea Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 71 Singapore Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 72 Singapore Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 73 Singapore Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 74 Singapore Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 75 Singapore Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 76 Singapore Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 77 Singapore Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 78 Singapore Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 79 Malaysia Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 80 Malaysia Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 81 Malaysia Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 82 Malaysia Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 83 Malaysia Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 84 Malaysia Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 85 Malaysia Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 86 Malaysia Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 87 Rest of Asia Pacific Smart Water Meters Market, 2021 - 2024, USD Million
TABLE 88 Rest of Asia Pacific Smart Water Meters Market, 2025 - 2032, USD Million
TABLE 89 Rest of Asia Pacific Smart Water Meters Market by Technology, 2021 - 2024, USD Million
TABLE 90 Rest of Asia Pacific Smart Water Meters Market by Technology, 2025 - 2032, USD Million
TABLE 91 Rest of Asia Pacific Smart Water Meters Market by Meter Type, 2021 - 2024, USD Million
TABLE 92 Rest of Asia Pacific Smart Water Meters Market by Meter Type, 2025 - 2032, USD Million
TABLE 93 Rest of Asia Pacific Smart Water Meters Market by Application, 2021 - 2024, USD Million
TABLE 94 Rest of Asia Pacific Smart Water Meters Market by Application, 2025 - 2032, USD Million
TABLE 95 Key Information – Itron, Inc.
TABLE 96 Key Information – Neptune Technology Group, Inc.
TABLE 97 Key Information – Honeywell International, Inc.
TABLE 98 Key Information – Badger Meter, Inc.
TABLE 99 Key Information – Landis+Gyr Group AG
TABLE 100 Key Information – Hubbell Incorporated
TABLE 101 key Information – Arad Group
TABLE 102 Key Information – Diehl Stiftung & Co. KG
TABLE 103 Key Information – B METERS S.R.L.
TABLE 104 key information – Xylem, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Smart Water Meters Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Smart Water Meters Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 7 Porter’s Five Forces Analysis – Smart Water Meters Market
FIG 8 Value Chain Analysis of Smart Water Meters Market
FIG 9 Key Customer Criteria of Smart Water Meters Market
FIG 10 Asia Pacific Smart Water Meters Market share by Technology, 2024
FIG 11 Asia Pacific Smart Water Meters Market share by Technology, 2032
FIG 12 Asia Pacific Smart Water Meters Market by Technology, 2021 - 2032, USD Million
FIG 13 Asia Pacific Smart Water Meters Market share by Meter Type, 2024
FIG 14 Asia Pacific Smart Water Meters Market share by Meter Type, 2032
FIG 15 Asia Pacific Smart Water Meters Market by Meter Type, 2021 - 2032, USD Million
FIG 16 Asia Pacific Smart Water Meters Market share by Application, 2024
FIG 17 Asia Pacific Smart Water Meters Market share by Application, 2032
FIG 18 Asia Pacific Smart Water Meters Market by Application, 2021 - 2032, USD Million
FIG 19 Asia Pacific Smart Water Meters Market share by Country, 2024
FIG 20 Asia Pacific Smart Water Meters Market share by Country, 2032
FIG 21 Asia Pacific Smart Water Meters Market by Country, 2021 - 2032, USD Million
FIG 22 SWOT Analysis: Honeywell international, inc.
FIG 23 SWOT Analysis: Hubbell Incorporated
FIG 24 Recent strategies and developments: Diehl Stiftung & Co. KG
FIG 25 Recent strategies and developments: Xylem, Inc.
FIG 26 Swot Analysis: Xylem, Inc.