Smart Water Management Market- Size Share Industry Forecast & Analysis 2032 | ABB, Arad Group, AquamatiX, Badger Meter, Honeywell Elster, Huawei, HydroPoint, IBM

Global Smart Water Management Market Overview:

The Smart Water Management Market research report provides all the information related to the industry. It gives the outlook of the market by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This Smart Water Management market research report tracks all the recent developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.

Global Smart Water Management Market Segmentation:

Segmentation chapters allow readers to understand aspects of the market, such as its products, available technologies and their applications. These chapters are written in such a way as to describe how they have evolved over the years, and what course they are likely to choose in the coming years. The research report also provides detailed information on emerging trends that may determine progress in these segments in the coming years.

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The water infrastructures include mechanized systems for water treatment, supply, storage, flood prevention, and water resource management. These systems have been working for several decades which are currently being pressurized by the growing demands. Thus, consistent attention, repairing, and maintenance is required to smoothen the water supply process. Moreover, these aged structures incur high maintenance costs while simultaneously declining their effectiveness. To address this issue, water managers in different parts of the world have started adopting smart ways to manage water effectively and reduce maintenance costs and provide a satisfactory experience to the consumers.

Several cities have water infrastructures aged around 100 years old. The materials and structures used in the piping systems are exceeding or reaching the end of their life expectancy. Moreover, some water systems are still integrated with wooden storage tanks and asbestos-cement (AC) pipes which are no longer acceptable on the latest systems. Thus, there's a growing need to replace existing water infrastructures with smart water management solutions. This factor is majorly driving the market at a global level.

Major Key Players Covered in this Report:

ABB, Arad Group, AquamatiX, Badger Meter, Honeywell Elster, Huawei, HydroPoint, IBM, i2O, Itron, Oracle, Landis+Gyr, Sensus, Schneider Electric, Siemens, Suez, SenzIoT, TaKaDu, Trimble Water, XENIUS

Recent Developments:

In October 2021, ABB partnered with Danish water environment specialist DHI Group. ABB and DHI Group together planned to develop a suite of digital solutions to enable faster and more accurate decision-making for water and wastewater utilities.

In August 2021, IBM collaborated with Black & Veatch to expand its portfolio on artificial intelligence-driven monitoring solutions.

In June 2021, ABB launched the latest version of ABB Ability, an analytics software and services solution that combines operational data with engineering and IT data. It delivers actionable intelligence using a scalable advanced analytics platform with pre-built, easy-to-use applications and services.

In June 2021, Itron signed a contract with United Utilities in England to Optimize Operations. Itron's cloud-based meter data collection and management solution, Temetra, is expected to improve water delivery and management.

In March 2021, The SUEZ and Schneider Electric had a joint venture in digital water to develop a market and joint offering of innovative digital solutions to manage the water cycle.

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The research provides answers to the following key questions:

>> What is the estimated growth rate of the market for the forecast period 2022-2032? What will be the market size during the estimated period?

>> What are the key driving forces responsible for shaping the fate of the Smart Water Management market during the forecast period?

>> Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Smart Water Management market?

>> What are the prominent market trends influencing the development of the Smart Water Management market across different regions?

>> What are the major threats and challenges likely to act as a barrier in the growth of the Smart Water Management market?

>> What are the major opportunities the market leaders can rely on to gain success and profitability?

Regional Coverage:

The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:

>> North America includes the United States, Canada, and Mexico

>> Europe includes Germany, France, UK, Italy, Spain

>> South America includes Colombia, Argentina, Nigeria, and Chile

>> The Asia Pacific includes Japan, China, Korea, India, Saudi Arabia, and Southeast Asia

Global Smart Water Management Market Segmentation:

By Water Meters (AMR & AMI), By Solutions (EAM, Network Management, SCADA, Advanced Pressure Management, MDM, Smart Irrigation), By Services (Professional Services, Managed Services), By End User (Commercial & Industrial, Residential)

Highlighting points of the report:

>> The Smart Water Management Market research report includes the qualitative and quantitative market value

>> This high-quality research report is prepared using both primary and secondary sources

>> The research examines the industry-changing elements of the market segments

>> It gives you a better insight into market factors and how you may use them to create future possibilities

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