Global Smart Water Management Market to grow at a CAGR of 19% during Forecast period 2016-2020
Albany, NY, Jan 09: Water is a vital and a critical resource for a city. The resource needs to be managed and conserved efficiently for future use and address daily needs of water, especially in times of low precipitation and drought conditions. Many a times, heavy rainfalls bring flooding that damages homes, city infrastructure, and spreads water-borne diseases. These climatic conditions cannot be controlled through human intervention, but preparation can be done to face these situations. Thus, managing water resources efficiently and building a smart infrastructure to avoid such instances have become vital to any nation.Technavios analysts forecast the global smart water management market to grow at a CAGR of 19% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global smart water management market for 2016-2020. To calculate the market size, the report considers the revenue generated from hardware, solutions, and services.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Smart Water Management Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- ABB
- GE
- Honeywell
- IBM
- Schneider Electric
Other prominent vendors
- Arad Metering Technologies
- AVEA
- Blue-White Industries
- ESRI
- Greyline Instruments
- Itron
- Sensus
- Takadu
- Topcon
- Trimble
Market driver
- Growing demand and inadequate supply
- For a full, detailed list, view our report
Market challenge
- Need to periodically update old SCADA system
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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