Europe Water Meter Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
Description
Europe Water Meter Market was valued at USD 1.05 billion in 2024 and is estimated to grow at a CAGR of 8.4% to reach USD 2.3 billion by 2034.
Market growth is driven by rising urbanization, aging water infrastructure, and stringent European regulations focused on water conservation and non-revenue water reduction. Increasing deployment of smart water management systems, supported by EU directives and national rollout programs, is accelerating the replacement of traditional meters with advanced, data-enabled solutions. Utilities across Europe are prioritizing accurate measurement, remote monitoring, and real-time consumption analytics to improve billing efficiency, detect leaks early, and enhance overall network performance, thereby strengthening long-term market expansion.
From a type perspective, the mechanical water meters segment reached USD 657.5 million in 2024. Their dominance is attributed to cost-effectiveness, durability, and ease of installation, particularly across rural areas and regions with limited digital infrastructure. Mechanical meters continue to be widely adopted for basic consumption measurement, where advanced communication features are not mandatory. However, steady upgrades and replacement cycles across residential and municipal installations continue to sustain demand, ensuring mechanical meters remain a critical component of Europe’s water metering landscape despite growing smart meter penetration.
By application, the residential segment generated USD 561.4 million in 2024. Growth in this segment is fueled by large-scale replacement of outdated meters, rising smart home adoption, and increasing consumer awareness regarding water usage efficiency. Residential smart metering enables households to monitor consumption patterns, reduce wastage, and manage utility costs more effectively. Government mandates promoting individual metering in multi-dwelling units and housing renovations further reinforce the residential segment’s leading position across Europe.
Romania Water Meter Market accounted for USD 68.6 million in 2024. The country’s growth is driven by significant investments in water infrastructure modernization, EU-funded utility projects, and increasing adoption of smart metering technologies to curb non-revenue water. National initiatives aimed at improving billing accuracy and network efficiency are accelerating meter deployment across residential and utility sectors, positioning Romania as a key growth hub within the European water meter market.
Key players operating in the Europe Water Meter Market include Diehl Stiftung & Co. KG, Kamstrup, Zenner International GmbH & Co. KG, Itron Inc., Landis+Gyr, Sensus, Siemens, SUEZ, Apator S.A., and Badger Meter, Inc., among others. These companies compete through technological innovation, product reliability, and strong utility partnerships to expand their regional footprint. Companies in the Europe water meter market are strengthening their market position through a combination of technology innovation, strategic partnerships, and geographic expansion. Leading players are investing heavily in smart metering technologies, including AMI and IoT-enabled solutions, to align with EU sustainability and digitalization goals. Collaborations with municipal utilities and governments enable large-scale deployment and long-term contracts, ensuring stable revenue streams. Firms are also focusing on product differentiation through enhanced accuracy, tamper resistance, and remote communication capabilities.
Market growth is driven by rising urbanization, aging water infrastructure, and stringent European regulations focused on water conservation and non-revenue water reduction. Increasing deployment of smart water management systems, supported by EU directives and national rollout programs, is accelerating the replacement of traditional meters with advanced, data-enabled solutions. Utilities across Europe are prioritizing accurate measurement, remote monitoring, and real-time consumption analytics to improve billing efficiency, detect leaks early, and enhance overall network performance, thereby strengthening long-term market expansion.
From a type perspective, the mechanical water meters segment reached USD 657.5 million in 2024. Their dominance is attributed to cost-effectiveness, durability, and ease of installation, particularly across rural areas and regions with limited digital infrastructure. Mechanical meters continue to be widely adopted for basic consumption measurement, where advanced communication features are not mandatory. However, steady upgrades and replacement cycles across residential and municipal installations continue to sustain demand, ensuring mechanical meters remain a critical component of Europe’s water metering landscape despite growing smart meter penetration.
By application, the residential segment generated USD 561.4 million in 2024. Growth in this segment is fueled by large-scale replacement of outdated meters, rising smart home adoption, and increasing consumer awareness regarding water usage efficiency. Residential smart metering enables households to monitor consumption patterns, reduce wastage, and manage utility costs more effectively. Government mandates promoting individual metering in multi-dwelling units and housing renovations further reinforce the residential segment’s leading position across Europe.
Romania Water Meter Market accounted for USD 68.6 million in 2024. The country’s growth is driven by significant investments in water infrastructure modernization, EU-funded utility projects, and increasing adoption of smart metering technologies to curb non-revenue water. National initiatives aimed at improving billing accuracy and network efficiency are accelerating meter deployment across residential and utility sectors, positioning Romania as a key growth hub within the European water meter market.
Key players operating in the Europe Water Meter Market include Diehl Stiftung & Co. KG, Kamstrup, Zenner International GmbH & Co. KG, Itron Inc., Landis+Gyr, Sensus, Siemens, SUEZ, Apator S.A., and Badger Meter, Inc., among others. These companies compete through technological innovation, product reliability, and strong utility partnerships to expand their regional footprint. Companies in the Europe water meter market are strengthening their market position through a combination of technology innovation, strategic partnerships, and geographic expansion. Leading players are investing heavily in smart metering technologies, including AMI and IoT-enabled solutions, to align with EU sustainability and digitalization goals. Collaborations with municipal utilities and governments enable large-scale deployment and long-term contracts, ensuring stable revenue streams. Firms are also focusing on product differentiation through enhanced accuracy, tamper resistance, and remote communication capabilities.
Table of Contents
250 Pages
- Chapter 1 Methodology
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.1.3 Base estimates and calculations
- 1.1.4 Base year calculation
- 1.1.5 Key trends for market estimates
- 1.2 Market definitions
- 1.3 Forecast
- 1.4 Primary research and validation
- 1.5 Some of the primary sources (but not limited to)
- 1.6 Data mining sources
- 1.6.1 Secondary
- 1.6.1.1 Paid sources
- 1.6.1.2 Source by region
- Chapter 2 Executive Summary
- 2.1 Industry snapshot
- 2.2 Business trends
- 2.3 Type trends
- 2.4 Application trends
- 2.5 Product trends
- 2.6 Country trends
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Raw material availability & sourcing analysis
- 3.1.2 Supply chain resilience & risk factors
- 3.1.3 Distribution network analysis
- 3.2 Regulatory landscape
- 3.2.1 EU blue deal & smart water metering for all initiative
- 3.2.2 Mandate M/441: standardization and interoperability for utility meters
- 3.2.3 Mandate M/490 multi-utility smart metering architecture and interoperability
- 3.2.4 EU water resilience strategy & Water-Efficiency First framework
- 3.2.5 EU Directives
- 3.2.5.1 Directive 2006/32/EC
- 3.2.5.2 Regulation (EU) 2016/679 (General Data Protection Directive)
- 3.2.5.3 REGULATION (EU) 95/46EC & 2002/58/EC (protection and processing of individuals about the processing of personal data)
- 3.2.5.4 Key policy developments: Non-revenue Water (NRW)
- 3.2.5.5 European Union Policies
- 3.2.5.6 Directive 2004/22/EC
- 3.2.5.7 Data Protection Directive
- 3.2.5.8 Legal processing of the metering data
- 3.2.5.9 Energy Efficiency Directive (EU/2023/1791)
- 3.2.5.10 Energy performance of data centres
- 3.2.5.11 DIRECTIVE 2012/27/EU
- 3.2.5.12 UK 64
- 3.2.5.12.1 The Coalition and Conservative Governments
- 3.2.5.12.2 The Smart Metering Implementation Programme
- 3.2.5.12.3 The Smart Energy Code
- 3.2.5.12.4 The Energy Efficiency Directive
- 3.2.5.12.5 Water Resources Programme (2015 - 2020)
- 3.2.5.12.6 Smart Meter Policy Framework Post 2020
- 3.2.5.12.7 Metering Policy
- 3.2.5.12.8 Meter Installation
- 3.2.5.12.9 Meter and Local Communication Equipment (LCE) installation & commissioning
- 3.2.5.12.10 Charging arrangements
- 3.2.5.12.11 Enhanced Optant Meter Programme
- 3.2.5.12.12 Water Framework Directive (WFD)
- 3.2.5.12.13 Urban Wastewater Treatment Directive (UWWTD) drivers
- 3.2.5.12.14 Phosphorus Removal
- 3.2.5.12.15 Flow measures in the WINEP: proposal to phase some schemes into AMP8
- 3.2.5.12.16 AMP7 Initiatives
- 3.2.5.13 Czechia
- 3.2.5.13.1 Act No. 254/2001 Coll. on Waters (CzWL)
- 3.2.5.13.2 Act No. 254/2001 Coll.Water Act and on Amendments to Certain Acts (Water Act)
- 3.2.5.14 OP Environment (2021-2027)
- 3.2.5.15 Slovakia
- 3.2.5.15.1 Directive 2014/32/EU
- 3.2.5.16 Recovery and Resilience Plan
- 3.2.5.17 Austria
- 3.2.5.17.1 Environmental Support Act (Umweltförderungsgesetz)
- 3.2.5.18 Neptun Staatspreis für Wasser (Neptun State Award for Water)
- 3.2.5.19 Serbia
- 3.2.5.19.1 EIB Package
- 3.2.5.20 Bulgaria
- 3.2.5.20.1 Cohesion Fund
- 3.2.5.21 Croatia
- 3.2.5.22 National Loss Reduction Plan
- 3.2.5.23 National Action Plan
- 3.2.5.23.1 The Environmental Protection Act (Official Gazette No. 82/94 and 128/99)
- 3.2.5.23.2 The Nature Protection Act (Official Gazette No. 162/03)
- 3.2.5.23.3 The Water Act (Official Gazette No. 107/95)
- 3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.1.1 Non-revenue water (NRW) monitoring & control
- 3.3.1.2 Ongoing inclination toward intelligent systems in water sources
- 3.3.1.3 Supportive government regulations & directives
- 3.3.2 Industry Pitfalls and challenges
- 3.3.2.1 Privacy and cyber security concerns
- 3.4 Growth potential analysis
- 3.5 Porter's analysis
- 3.6 PESTEL analysis
- 3.7 Cost structure analysis of water meters
- 3.8 Price trend analysis (USD/Unit)
- 3.8.1 By type
- 3.9 Emerging opportunities & trends
- 3.9.1 Digitalization & IoT integration
- 3.9.2 Emerging market penetration
- 3.10 Investment analysis & future outlook
- Chapter 4 Competitive Landscape, 2025
- 4.1 Introduction
- 4.2 Company market share analysis, by country, 2024
- 4.2.1 Czechia
- 4.2.2 Slovakia
- 4.2.3 Austria
- 4.2.4 Hungary
- 4.2.5 Croatia
- 4.2.6 Serbia
- 4.2.7 Bosnia
- 4.2.8 Monte Negro
- 4.2.9 Albania
- 4.2.10 Kosovo
- 4.2.11 North Macedonia
- 4.2.12 Bulgaria
- 4.2.13 Romania
- 4.2.14 Moldova
- 4.3 Strategic dashboard
- 4.3.1 Sensus
- 4.3.1.1 Divestment
- 4.3.1.2 Collaboration
- 4.3.2 Siemens
- 4.3.2.1 Award/Achievement
- 4.3.2.2 Partnerships
- 4.3.3 Hidroconta
- 4.3.3.1 Installation/Supply
- 4.3.3.2 Project Development
- 4.3.3.3 Partnership
- 4.3.4 Landis+Gyr
- 4.3.4.1 Partnership
- 4.3.5 Arad Group
- 4.3.5.1 Partnership
- 4.3.6 SUEZ
- 4.3.6.1 Partnerships
- 4.3.7 Itron
- 4.3.7.1 Partnerships
- 4.3.8 Diehl Stiftung & Co. KG
- 4.3.8.1 Partnerships
- 4.3.8.2 Product Development
- 4.3.9 Apator SA
- 4.3.9.1 Agreement
- 4.3.10 Badger Meter, Inc.
- 4.3.10.1 Acquisition
- 4.3.11 Other Strategies
- 4.4 Strategic initiatives
- 4.5 Competitive benchmarking
- 4.6 Innovation & technology landscape
- 4.6.1 Maddalena S.p.A
- 4.6.2 Diehl Stiftung & Co. KG
- 4.6.3 Hidroconta
- 4.6.4 Itron
- 4.6.5 Other innovations
- Chapter 5 Market Size and Forecast, By Type, 2021 - 2034 (USD Million & '000 Units)
- 5.1 Key trends
- 5.2 Mechanical
- 5.3 Smart
- Chapter 6 Market Size and Forecast, By Application, 2021 - 2034 (USD Million & '000 Units)
- 6.1 Key trends
- 6.2 Residential
- 6.3 Commercial
- 6.4 Utilities
- Chapter 7 Market Size and Forecast, By Product, 2021 - 2034 (USD Million & '000 Units)
- 7.1 Key trends
- 7.2 Hot water meter
- 7.3 Cold water meter
- Chapter 8 Market Size and Forecast, By Country, 2021 - 2034 (USD Million & '000 Units)
- 8.1 Key trends
- 8.2 Czechia
- 8.3 Slovakia
- 8.4 Austria
- 8.5 Hungary
- 8.6 Croatia
- 8.7 Serbia
- 8.8 Bosnia
- 8.9 Montenegro
- 8.10 Albania
- 8.11 Kosovo
- 8.12 North Macedonia
- 8.13 Bulgaria
- 8.14 Romania
- 8.15 Moldova
- Chapter 9 Company Profiles
- 9.1 Apator S.A.
- 9.1.1 Financial data
- 9.1.2 Product landscape
- 9.1.3 Strategic outlook
- 9.1.4 SWOT analysis
- 9.2 Arad Group
- 9.2.1 Financial data
- 9.2.2 Product landscape
- 9.2.3 Strategic outlook
- 9.2.4 SWOT analysis
- 9.3 Badger Meter, Inc.
- 9.3.1 Financial data
- 9.3.2 Product landscape
- 9.3.3 Strategic outlook
- 9.3.4 SWOT analysis
- 9.4 Baylan Water Meters
- 9.4.1 Financial data
- 9.4.2 Product landscape
- 9.4.3 SWOT analysis
- 9.5 BMETERS Srl
- 9.5.1 Financial data
- 9.5.2 Product landscape
- 9.5.3 SWOT analysis
- 9.6 Diehl Stiftung & Co. KG
- 9.6.1 Financial data
- 9.6.2 Product landscape
- 9.6.3 Strategic outlook
- 9.6.4 SWOT analysis
- 9.7 Hidroconta
- 9.7.1 Financial data
- 9.7.2 Product landscape
- 9.7.3 Strategic outlook
- 9.7.4 SWOT analysis
- 9.8 Honeywell International Inc.
- 9.8.1 Financial data
- 9.8.2 Product landscape
- 9.8.3 SWOT analysis
- 9.9 Itron Inc.
- 9.9.1 Financial data
- 9.9.2 Product landscape
- 9.9.3 Strategic outlook
- 9.9.4 SWOT analysis
- 9.10 Kamstrup
- 9.10.1 Financial data
- 9.10.2 Product landscape
- 9.10.3 SWOT analysis
- 9.11 Landis+Gyr
- 9.11.1 Financial data
- 9.11.2 Product landscape
- 9.11.3 Strategic outlook
- 9.11.4 SWOT analysis
- 9.12 Maddalena Spa
- 9.12.1 Financial data
- 9.12.2 Product landscape
- 9.12.3 Strategic outlook
- 9.12.4 SWOT analysis
- 9.13 Sensus
- 9.13.1 Financial data
- 9.13.2 Product landscape
- 9.13.3 Strategic outlook
- 9.13.4 SWOT analysis
- 9.14 Siemens
- 9.14.1 Financial data
- 9.14.2 Product landscape
- 9.14.3 Strategic outlook
- 9.14.4 SWOT analysis
- 9.15 Sontex SA
- 9.15.1 Financial data
- 9.15.2 Product landscape
- 9.15.3 SWOT analysis
- 9.16 SUEZ
- 9.16.1 Financial data
- 9.16.2 Product landscape
- 9.16.3 Strategic outlook
- 9.16.4 SWOT analysis
- 9.17 Widap AG
- 9.17.1 Financial data
- 9.17.2 Product landscape
- 9.17.3 SWOT analysis
- 9.18 ZENNER International GmbH & Co. KG
- 9.18.1 Financial data
- 9.18.2 Product landscape
- 9.18.3 SWOT analysis
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