Industry Research Reports

The global market for Automatic Meter Reading Device was estimated to be worth US$ 13270 million in 2024 and is forecast to a readjusted size of US$ 22130 million by 2031 with a CAGR of 7.1% during the forecast period 2025-2031.

The global Automatic Meter Reading Device market is projected to grow from US$ 14630 million in 2025 to US$ 22130 million by 2031, at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period.

The global Automatic Meter Reading Device market size was US$ 13270 million in 2024 and is forecast to a readjusted size of US$ 22130 million by 2031 with a CAGR of 7.1% during the forecast period 2025-2031.

The global market for Automatic Meter Reading Device was valued at US$ 13270 million in the year 2024 and is projected to reach a revised size of US$ 22130 million by 2031, growing at a CAGR of 7.1% during the forecast period.

The global market for Automatic Meter Reading Device was estimated to be worth US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.

The global Automatic Meter Reading Device market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The global Automatic Meter Reading Device market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automatic Meter Reading Device in various end use industries. The expanding demands from the Residential Use, Commercial Use and Industrial Use,, are propelling Automatic Meter Reading Device market. Automatic Meter Reading IoT Device, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Automatic Meter Reading Sensor Device segment is estimated at % CAGR for the next seven-year period.

According to QYResearch’s new survey, global Automatic Meter Reading Device market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Automatic Meter Reading Device market research.

Global Automatic Meter Reading Device market is expected to reach to US$ million in 2023, with a positive growth of %, compared with US$ million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Automatic Meter Reading Device industry is evaluated to reach US$ million in 2029. The CAGR will be % during 2023 to 2029.