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India Smart Water Meters Market to 2032

Overview

The India Smart Water Meters Market is expected to reach a 279.91 USD Million by 2032 and is projected to grow at a CAGR of 5.25% from 2025 to 2032.

Revenue, 2024 (USD Million)
191.04
Forecast, 2032 (USD Million)
279.91
CAGR, 2024 - 2032
5.25%
Report Coverage
Asia-Pacific

India Smart Water Meters Market 2018-2032 USD Million

India Smart Water Meters Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 191.04 USD Million
  • Projected Market Size (2032): 279.91 USD Million
  • CAGR (2025-2032): 5.25%

Key Findings of India Smart Water Meters Market

  • The India Smart Water Meters Market was valued at 279.91 USD Million in 2024.
  • The India Smart Water Meters Market is likely to grow at a CAGR of 5.25% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Batteries in Power Source Segment accounted for the largest share of the market with a revenue of 125.07 USD Million
  • The fastest growing segment Ultrasonic Meters in Meter Type Segment grew Fastest with a CAGR of 5.49% during the forecast period from 2024 to 2032.

India Smart Water Meters Market Scope

India Smart Water Meters Market Segmentation & Scope
End User
  • Industrial
  • Commercial
  • Residential
Application
  • Others
  • Water Conservation
  • Leakage Detection
  • Metering
Deployment Type
  • New Installation
  • Retrofit
Component
  • Services
  • Software
  • Hardware
Technology
  • AMI
  • AMR
Power Source
  • Electric Grid
  • Batteries
Meter Type
  • Smart Mechanical Meters
  • Electromagnetic Meters
  • Ultrasonic Meters

India Smart Water Meters Market Data Coverage Insights

Study Period 2024-2032
Base Year 2024
Unit Revenue in USD Million
Market Value in 2024 191.04 USD Million
Market Value in 2032 279.91 USD Million
CAGR (2025-2032) 5.25%
Historic Data 2016-2023
Market Segments Covered End User,Application,Deployment Type,Component,Technology,Power Source,Meter Type

Regional Insights:

  • Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 191.04 USD Million in 2024
    • Key Country: India, leading in terms of revenue with value of 191.04 USD Million in 2024.

Segments and Scope

  • India Smart Water Meters Market to 2032, By End User
    • Residential is the largest segment in India Smart Water Meters Market to 2032 with a revenue of 87.25 USD Million in the year 2024.
    • Residential is the Fastest growing segment in India Smart Water Meters Market to 2032 with a Growth rate of 5.42 % in forecast period 2025-2032.
  • India Smart Water Meters Market to 2032, By Application
    • Metering is the largest segment in India Smart Water Meters Market to 2032 with a revenue of 124.79 USD Million in the year 2024.
    • Metering is the Fastest growing segment in India Smart Water Meters Market to 2032 with a Growth rate of 5.38 % in forecast period 2025-2032.
  • India Smart Water Meters Market to 2032, By Deployment Type
    • Retrofit is the largest segment in India Smart Water Meters Market to 2032 with a revenue of 116.99 USD Million in the year 2024.
    • Retrofit is the Fastest growing segment in India Smart Water Meters Market to 2032 with a Growth rate of 5.37 % in forecast period 2025-2032.
  • India Smart Water Meters Market to 2032, By Component
    • Hardware is the largest segment in India Smart Water Meters Market to 2032 with a revenue of 119.93 USD Million in the year 2024.
    • Hardware is the Fastest growing segment in India Smart Water Meters Market to 2032 with a Growth rate of 5.36 % in forecast period 2025-2032.
  • India Smart Water Meters Market to 2032, By Technology
    • AMR is the largest segment in India Smart Water Meters Market to 2032 with a revenue of 107.63 USD Million in the year 2024.
    • AMI is the Fastest growing segment in India Smart Water Meters Market to 2032 with a Growth rate of 5.12 % in forecast period 2025-2032.
  • India Smart Water Meters Market to 2032, By Power Source
    • Batteries is the largest segment in India Smart Water Meters Market to 2032 with a revenue of 125.07 USD Million in the year 2024.
    • Batteries is the Fastest growing segment in India Smart Water Meters Market to 2032 with a Growth rate of 5.35 % in forecast period 2025-2032.
  • India Smart Water Meters Market to 2032, By Meter Type
    • Ultrasonic Meters is the largest segment in India Smart Water Meters Market to 2032 with a revenue of 83.40 USD Million in the year 2024.
    • Ultrasonic Meters is the Fastest growing segment in India Smart Water Meters Market to 2032 with a Growth rate of 5.49 % in forecast period 2025-2032.

India Smart Water Meters Market Company Share Analysis

 
India Smart Water Meters Market Company Share Analysis
India Smart Water Meters Market Company Share Analysis

India Smart Water Meters Market Geographical Sales Distribution, 2018-2032 USD Million

India Smart Water Meters Market Geographical Sales Distribution, 2018-2032 USD Million

India Smart Water Meters Market Company Profiling

India Smart Water Meters Market Company Profiling

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Frequently Asked Questions
The India Smart Water Meters Market is segmented based on Segmentation End User,Application,Deployment Type,Component,Technology,Power Source,Meter Type.
India Smart Water Meters Market was valued at USD 191.04(Revenue in USD Million) in 2024.
India Smart Water Meters Market is projected to grow at a CAGR of 5.25% during the forecast period of 2024 to 2032.
The Batteries segment is expected to dominate the India Smart Water Meters Market, holding a largest market share of 125.07 USD Million in 2024

India Smart Water Meters Market Scope

India Smart Water Meters Market Segmentation & Scope
End User
  • Industrial
  • Commercial
  • Residential
Application
  • Others
  • Water Conservation
  • Leakage Detection
  • Metering
Deployment Type
  • New Installation
  • Retrofit
Component
  • Services
  • Software
  • Hardware
Technology
  • AMI
  • AMR
Power Source
  • Electric Grid
  • Batteries
Meter Type
  • Smart Mechanical Meters
  • Electromagnetic Meters
  • Ultrasonic Meters
Frequently Asked Questions
The India Smart Water Meters Market is segmented based on Segmentation End User,Application,Deployment Type,Component,Technology,Power Source,Meter Type.
India Smart Water Meters Market was valued at USD 191.04(Revenue in USD Million) in 2024.
India Smart Water Meters Market is projected to grow at a CAGR of 5.25% during the forecast period of 2024 to 2032.
The estimated market value of the India Smart Water Meters Market for final year is USD 279.91 (USD Million).

India Smart Water Meters Market Company Profiling

India Smart Water Meters Market Company Profiling
Frequently Asked Questions
The India Smart Water Meters Market is segmented based on Segmentation End User,Application,Deployment Type,Component,Technology,Power Source,Meter Type.
India Smart Water Meters Market was valued at USD 191.04(Revenue in USD Million) in 2024.
India Smart Water Meters Market is projected to grow at a CAGR of 5.25% during the forecast period of 2024 to 2032.
The estimated market value of the India Smart Water Meters Market for final year is USD 279.91 (USD Million).

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