PUBLISHER: BCC Research | PRODUCT CODE: 1568393
PUBLISHER: BCC Research | PRODUCT CODE: 1568393
The global market for water meters is estimated to increase from $15.0 billion in 2023 to reach $19.3 billion by 2029, at a compound annual growth rate (CAGR) of 4.5% from 2024 through 2029.
The global market for water leak detectors is estimated to increase from $3.4 billion in 2023 to reach $4.7 billion by 2029, at a CAGR of 5.5% from 2024 through 2029.
The global market for water quality sensors is estimated to increase from $2.2 billion in 2023 to reach $3.6 billion by 2029, at a CAGR of 8.5% from 2024 through 2029.
In this report, the market for water meters, water quality sensors and leak detectors is segmented by product type, technology type and end use application areas, such as industrial, household and commercial. The report includes characterizations of market forces. The growth in industrialization, in which water plays a significant role in every process, has increased the demand for these products, propelling the market's growth.
For this report, BCC Research analyzed the key categories and regions to determine the current and future markets, through 2029, for water meters, water quality sensors and leak detectors. This report also discusses the current market dynamics, strategies and trends driving the demand for the products, leading manufacturers, regulatory sphere and competitive landscape, and includes brief profiles of the major global companies. The water quality sensors and leak detectors market was analyzed from global and regional perspectives. The regions covered are Asia-Pacific, Europe, North America and the rest of the world (RoW). The global markets for water meters, water quality sensors and water leak detectors are segmented these categories:
Market estimates and sizes are provided in terms of value ($ millions), with 2023 serving as the base year and market forecasts given for the period of 2024 to 2029. Regional market sizes are provided.