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With the advancement of urban development and global energy sustainability goals, the application of smart water meters in the global utility field is accelerating. According to the data, by the end of 2024, the number of smart meters is expected to exceed 1.2 billion units, and Asia will become the largest market, accounting for two-thirds of the world, with China benefiting significantly.

The national standard "Drinking Cold Water Meter and Hot Water Meter" divides water meters into two categories, namely: mechanical water meters and electronic water meters. Mechanical water meters are mainly composed of traditional velocity water meters and volumetric water meters. Typical velocity water meters include rotary vane water meters and propeller water meters, while electronic water meters mainly include electromagnetic water meters and ultrasonic water meters.

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