India Water Meters Market is expected to grow with a CAGR of 11.4% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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India water meters market is a highly fragmented market, including several key players and local players. The market has witnessed increased strategic developments owing to a favourable market scenario.

• In June 2020, Aclara Technologies LLC announced that Austin Water had selected them to supply and implement a landmark advanced metering infrastructure (AMI) program for the utility. The company will provide and implement a fully integrated end-to-end solution and replace current meters and a manual meter reading system. With this, the company will help Austin Water achieve its goal of bringing advanced water metering technology to the City.

WEGoT Utility Solutions Pvt Ltd. is the dominating player in India water meters Market. The other key players in the market include Siemens, Honeywell International Inc., Xylem, Itron Inc., Azbil Corporation, Everest Sanitation, Flowtech Water Meters and Instruments Pvt. Ltd., Dasmesh Engineering Works, ZENNER Aquamet India Pvt Ltd., PELTEK India, Aclara Technologies LLC., among others.

WEGoT Utility Solutions Pvt Ltd.

WEGoT Utility Solutions Pvt Ltd. is headquartered in Chennai, India and was founded in 2015. The company provides solutions for real-time water management. The company offers WEGoT smart water meters, which is also the market focused category.

• In 2019, WEGoT Utility Solutions Pvt Ltd. announced that they had received Most Innovative Enterprise 2019 Award. WRI India Ross Center gave this award. The recognition will help the company enhance its brand image in the market.

The company has a wide presence across India.

Siemens

Siemens is headquartered in Munich, Germany and was founded in 1847. The company mainly provides efficient technologies to industry, infrastructure, mobility and healthcare. The company operates in the business segments of digital industries, smart infrastructure, mobility, and Siemens Healthcare of which smart infrastructure is the market focused segment. The company offers a wide range of product categories: building technology, drive technology, energy, financing, healthcare, industrial automation, mobility, services, and software. Building technology is the market focused category.

• In November 2020, Siemens announced that it had upgraded its EnergyIP meter data management application with the help of Amazon Web Services. The application enables more than 200 electricity, gas, and water utility companies to manage more than 90 million meters. Thus, the company will improve its computing efficiency and customer service.

The company has a wide global presence across Americas, Asia-Pacific, Middle East and Africa and Europe with its various subsidiaries such as Siemens Healthineers (Germany), Siemens Mobility (Germany), Mendix (U.S.), Siemens Canada (Canada), Mentor Graphics (U.S.) among others.

Honeywell International Inc.

Honeywell International Inc. is headquartered in North Carolina, U.S. and was founded in 1906. The company deals with aerospace, building technologies, performance materials and technologies, and safety and productivity solutions for various applications. The company operates in the business segment aerospace, honeywell building technologies, performance materials & technologies, and safety & productivity solutions, of which performance materials & technologies is the market focused segment. The company offers products like software & analytics, smart meters, AMI , smart grid solutions, communications networks, cyber security, 5G of which Smart Meters is the market focused category.

• In September 2017, Honeywell International Inc. announced that they were selected to supply up to 600,000 V200P water meters over the next five years by Vitens, the largest water utility in the Netherlands. The meter delivers high accuracy over an extended lifetime and flows range. This will help the company expand its customer base in the Netherlands.

The company has a wide global presence across Europe, Asia-Pacific, Americas, Middle East and Africa with its various subsidiaries such as UOP LLC (U.S.), Intermec (U.S.), Quantinuum Inc. (U.S.), Honeywell Automation India Limited (India) & Tridium, Inc. (U.S.) among others.