Smart Water Management Market Explore Future Growth 2018-2026 by Global Top Players – General Electric, ABB Group, Itron, Schneider Electric, International Business Machines (IBM), Sensus, Elster Group Se, Seimens Ag

Coherent Market Insights has announced the addition of the “Smart Water Management Market Size Status and Forecast 2026”, The report classifies the global Smart Water Management Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report studies the global Smart Water Management Speaker market, analyzes and researches the Smart Water Management Speaker development status and forecast in North America, Europe, Asia Pacific, Latin America and Rest of the World. This report focuses on the top players in global market, like General Electric, ABB Group, Itron, Schneider Electric, International Business Machines (IBM), Sensus, Elster Group Se, Seimens Ag

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Major drivers propelling the growth of smart water management market include the advancement in the technology such as advanced metering technology and Supervisory Control and Data Acquisition (SCADA) in water and waste water management. Also, with the development of the smart irrigation practices, there is a rise in demand for smart water management market. Smart water management systems are undergoing a rapid wave of technological advancements. Water and wastewater management industries are improving in process transformation by adopting the use of information and communication technologies (ICT) and real time data generation. The aim of smart water management system is to increase the management and operational efficiency by using advanced information technologies to reduce expenditure, water loss, and carbon footprint.

Rising demand for sustainable energy solution along with stringent government regulations propelling the demand for smart water management market in the region. Safe Drinking Water Act (SDWA), Clean Water Act (CWA) and regulations on waste water discharge are forcing companies to examine their manufacturing processes. In addition to this, municipal and other facilities in the U.S. need to obtain permits under National Pollutant Discharge Elimination System (NPDES) permit program, if their discharge goes directly to surface water. Europe is the second largest market after North America in the smart water management due to healthy economy and advancement in technology. Asia Pacific is the fastest growing market in the smart water management due to development in smart city projects.

Global Smart Water Management Market, By Advanced Water Meters:

By Water Read Technology
Cellular Network
Fixed Network
By Meter Type
AMI Meters
AMR Meters

Global Smart Water Management Market, By Service:

Managed Services
Professional Services
Consulting services
Maintenance and Support
Deployment and Integration

Global Smart Water Management Market, By Solution:

Advanced Analytics
Advanced Pressure Management
Network Monitoring
Residential Water Efficiency
Enterprise Asset Management for Water and Wastewater Utilities
SCADA Systems for Water and Wastewater Utilities
Smart Irrigation Management System
Meter Data Management (MDM) of Water

North America led the smart water management market in 2016 and is expected to retain market dominance throughout the forecast period. Advancements in technology such as satellite remote sensing, and web-enable sensors and communication networks in water management and stringent government regulations such as Safe Drinking Water Act (SDWA), Clean Water Act (CWA) and regulations regarding the wastewater management are factor boosting growth of smart water management market in this region, with region accounting for 32.80% share in 2016.

North America and Europe are the major regions in the advancement of smart water management technologies, owing to the high adoption of the new technologies such as advance meter infrastructure technology and SCADA software system technologies by many industries in the region. North America led the smart water management technology in 2016, with the market in the region valued at US$ 2.90 billion and projected to witness a CAGR of 19.3% during the forecast period (2017-2025). Asia Pacific is the fastest growing market for smart water management market, owing to the rising smart irrigation management systems and rising smart city projects. For instance, in India, 100 cities are being developed under the Smart Cities Mission. Asia Pacific is estimated to be the fastest-growing market, at a CAGR of 23.1% during the forecast period to reach US$ 11.69 billion by 2025.

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