Smart Water Management Market Forecast Report 2020 – 2027 – Top Key Players Analysis
The latest market report published by GMI Research highlights key points of market growth and industry dynamics in the coming years. The report offers a geographical analysis based on the market size. It also provides in-depth information about the leading players and the different segments of the market.
Leading Players Covered in the Smart Water Management Market are:
- ABB
- IBM Corporation
- Elster Group GmbH (Honeywell)
- Siemens AG
- Itron
- Schneider Electric SE
- Suez
- Oracle Corporation
- Landis+Gyr
- Sensus
- Arad Group
Key Drivers of the Smart Water Management Market:
The significant factors surging the growth of the global smart water management market include the rising demand for sustainable water solutions, the growing aging infrastructure which is boostingdemand to replace the aging water infrastructure and the surging demand to get data in digital format across industries, especially utilities. The rising population, followed by the continuous change of people from rural to urban cities is growing the demand for freshwater. Thus, this factor will boost the growth of the smart water management market size as these systems save power consumption and analyse flow, pressure, and distribution of water.
In addition to this, the growing implementation of Internet of Thing (IoT)-based technology such as smart monitoring, mobile technology, along with increasing advancement in technologies that are used to analyze water treatment systems and control water management on a real-time basis, will provide various growth opportunities in the market. The growing revenue loss due to water leakage before reaching the customer is rising the need for smart water management to detect leakage, monitor, and regulate the information to associate authorities. The development of integrated mobile technology helps to monitor pumps remotely and identify any malfunction or leakage efficiently. The increasing number of smart cities worldwide has also raised the demand for smart water meter management to monitor water consumption. On the other hand, the shorter lifespan of smart meters and lack of a skilled workforce may hinder the market's growth.
Market Segmentation:
The report will provide a detailed analysis of the smart water management market with respect to major segments such as the name of segments. It includes the qualitative and quantitative analysis of the market during the forecast period.
Smart Water Management Market Segmentation by Offering:
- Water Meters
o AMR/AMR + Meters
o AMI Meters
- Solutions
o Enterprise Asset Management
- Asset Condition Monitoring
- Predictive Maintenance
o Analytical and Data Management
- Meter Data Management
- Supervisory Control and Data Acquisition (SCADA)
o Security
o Smart Irrigation Management
o Advanced Pressure Management
o Mobile Workforce Management
o Network Management
o Customer Information System and Billing
o Leak Detection
o Others
- Services
o Professional Service
o Managed Services
Smart Water Management Market Segmentation by End-User:
- Commercial and Industrial
- Residential
Smart Water Management Market Segmentation by Region:
- North America
o United States of America
o Canada
- Asia Pacific
o China
o Japan
o India
o Rest of APAC
- Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
- RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
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