Global Smart Water Management Market, By Advanced Water Meters (By Meter Type, By Meter Read Technology), Solution (Enterprise Asset Management for Water and Wastewater Utilities, Network Monitoring, Advanced Pressure Management, SCADA Systems for Water and Wastewater Utilities, Advanced Analytics, Meter Data Management (MDM) for Water, Residential Water Efficiency, Smart Irrigation Management Systems), Service (Professional Services, Managed Services), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Smart water management market is expected to witness market growth at a rate of 18.90% in the forecast period of 2020 to 2027. Data Bridge Market Research report on smart water management market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Smart water management is water management which revolutionizes traditional water distribution with new technologies. Numerous manufacturing firms and chemical-based companies are implementing smart water management to reduce water wastage and to use their energy efficiently.
The growing technological advancements in water and waste water treatments such as advanced metering technology and Supervisory Control and Data Acquisition (SCADA), rising shortage of water, growing demand for water conservation are some of the factors expected to drive the growth of the smart water management market in the forecast period of 2020-2027. On the other hand, the growing global smart city initiatives will create several opportunities that will lead to the growth of the smart water management market in the above mentioned forecasted period.
However, the dearth of digitally skilled workforce will likely to hamper the growth of the smart water management market in the above mentioned period. Also, the high initial investments and lower return on investment will act as challenges to the smart water management market growth.
This smart water management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on smart water management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Smart Water Management Market Scope and Market Size
Smart water management market is segmented on the basis of advanced water meters, solution, and service. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of advanced water meters, the smart water management market has been segmented into by meter type and by meter read technology. By meter type has been further segmented into AMR meters and AMI meters. By meter read technology has been further segmented into fixed network and cellular network.
- On the basis of solution, the smart water management market has been segmented into enterprise asset management for water and wastewater utilities, network monitoring, advanced pressure management, SCADA Systems for water and wastewater utilities, advanced analytics, meter data management (MDM) for water, residential water efficiency, and smart irrigation management systems.
- On the basis of service, the smart water management market has been segmented into professional services and managed services. Professional services have been further segmented into maintenance and support, deployment and integration, and consulting services.
Smart Water Management Market Country Level Analysis
Smart water management market is analysed and market size, volume information is provided by country, advanced water meters, solution, and service as referenced above.
The countries covered in the smart water management market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the smart water management market due to the increasing demand for sustainable energy solution and strict government regulations across several countries in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smart Water Management Market Share Analysis
Smart water management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to smart water management market.
The major players covered in the smart water management market report are General Electric, ABB, Itron, Schneider Electric, IBM Corporation, SENSUS USA INC, Elster Group SE, Siemens, Global Water Management, LLC, Neptune Technology Group, Radius Synergies International Pvt Ltd, Trimble Water, TaKaDu, SenzIoT, SUEZ, Siemens, Oracle Corporation, Itron and i2O Water Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Smart Water Management Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.