Smart Water Management Market Share, Industry Trends, Statistics, Drivers, Demand by 2027

The new report published by Emergen Research, titled “Global Smart Water Management Market”, offers in-depth scrutiny of the Smart Water Management market landscape and its growth prospects over the forecast years. The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Smart Water Management market.

Increasing adoption of smart metering to develop more efficient water management systems is expected to drive demand for smart water management solutions. Water companies are installing Advanced Metering Infrastructure (AMI) to improve hydraulic and energy efficiency. Rising need for leakage control and for monitoring illegal connections in terms of water volumes boost utilization of smart water metering.

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Some Key Highlights From the Report

· Solution segment accounted for largest revenue share in 2020. Rising adoption of real-time predictive maintenance and conditioning monitoring of assets is expected to drive growth of the solutions segment.

· North America accounted for largest revenue share contribution to the global smart water management market in 2020. Rising awareness regarding the scarcity of freshwater resources is a key contributing factor driving increasing implementation of smart water management solutions across residential, commercial, and industrial sectors in countries in the region.

· Major players in the market include ABB, IBM, Honeywell Elster, Siemens, Itron, Schneider Electric, SUEZ, Oracle, Landis+Gyr, and SENSUS.

Smart Water Management Market Segmentation:

Emergen Research has segmented the global smart water management market on the basis of offering, end-use, and region:

· Offering Outlook (Revenue, USD Billion; 2018–2028)

o Service

1. Professional Services

2. Managed Services

o Solution

1. Distribution Network Monitoring

2. Meter Data Management

3. Asset Management

4. Supervisory Control and Data Acquisition (SCADA)

5. Analytics

6. Smart Irrigation Management

7. Others

o Water Meters

1. AMI Meters

2. AMR Meters

· End-use Outlook (Revenue, USD Billion; 2018–2028)

o Residential

o Commercial & Industrial

Regional Analysis:

The global Smart Water Management market report broadly considers the market mechanism of both the developing and developed regions of the market. This section provides crucial data and information about the different market regions, a country-wise analysis of the Smart Water Management industry, and an assessment of the market reach and consumer base in the key geographical regions to enable readers to formulate effective business expansion strategies.

Major Geographies Encompassed in the Report:

· North America (U.S., Canada)

· Europe (U.K., Italy, Germany, France, Rest of EU)

· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

· Latin America (Chile, Brazil, Argentina, Rest of Latin America)

· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Objectives of the Global Smart Water Management Market Study:

· An in-depth study of the evolving market sectors and the growth & penetration status of the global Smart Water Management market

· COVID-19 Impact Analysis to highlight the major opportunities and challenges

· Strategic recommendations to help readers formulate lucrative business strategies

· Identification of the emerging players and their tactical approaches to expand market presence

· An extensive study of the product portfolios of the major market players and their regional presence

· A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures

Table Of Content:

Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2021-2028 Chapter 3. Key Insights Chapter 4. Smart Water Management Market Segmentation & Impact Analysis 4.1. Smart Water Management Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Rising demand for water arising from global population 4.2.2.2. Ageing water infrastructure 4.2.2.3. Increasing need to operate water infrastructure efficiently 4.2.2.4. Rising need for sustainable management of urban water systems 4.2.3. Market restraints analysis 4.2.3.1. Lack of skilled workforce 4.2.3.2. Lack of awareness about smart water management systems 4.2.3.3. High capital investment required for infrastructure installation 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis

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Thank you for reading our report. The report is available for customization based on chapters or regions. Please get in touch with us to know more about the customization, and our team will ensure you get the report tailored according to your requirements.

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