The global water meters, quality sensors and leak detection systems market market is projected to rise by USD 5 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 4.9 percent during the forecast period.

This industry report offers market estimates of the global market, followed by a detailed analysis of the product, application, and region. The global market data on water meters, quality sensors and leak detection systems can be segmented by product: water leak detection systems, water meters, water quality sensors. The water leak detection systems segment held the largest revenue share in 2021. Water meters, quality sensors and leak detection systems market is further segmented by application: commercial, residential, utility. Among these, the commercial segment was accounted for the highest revenue generator in 2021. Based on region, the water meters, quality sensors and leak detection systems market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). North America captured the largest share of the market in 2021.

The water meters market is further segmented into advanced metering infrastructure (AMI), automated meter readers (AMR). Globally, the AMR segment made up the largest share of the water meters, quality sensors and leak detection systems market. Furthermore, the water quality sensors market has been categorized into aquaculture, coastal water, drinking water, ground/surface water, wastewater, others. The ground/surface water segment was the largest contributor to the global water meters, quality sensors and leak detection systems market in 2021. The water leak detection systems market is further divided into acoustic equipment, inspection, non-acoustic equipment. The inspection segment is estimated to account for the largest share of the global water meters, quality sensors and leak detection systems market.

The global water meters, quality sensors and leak detection systems market is highly competitive. The water meters, quality sensors and leak detection systems market is dominated by key players, which are ABB Ltd., Badger Meter Inc., Danaher Corporation, Halma plc, Honeywell International Inc., Horiba Ltd., IDEXX Laboratories Inc., Itron Inc., Kamstrup A/S, Landis+Gyr AG, Mueller Water Products Inc., NEC Corporation, Neptune Technology Group, Osaki Electric Co. Ltd., Pentair plc, Perma-Pipe International Holdings Inc., Siemens AG, SUEZ SA, Thermo Fisher Scientific Inc., Xylem Inc.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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