Smart Water Management Market 2018-2026 | Size, Share and Forecast | Credence Research

The global smart water management market projected to hit the value of US$ 39.56 Bn in 2026 and expected to witness immense CAGR across the forecast period through 2018 to 2026.

SANJOSE, United States - March 5, 2019 /MarketersMedia/ —

According to a new market research report published by Credence Research Smart Water Management Market Growth, Future Prospects, and Competitive Analysis, 2018 - 2026 , the global smart water management market projected to hit the value of US$ 39.56 Bn in 2026 and expected to witness immense CAGR across the forecast period through 2018 to 2026.

Market Insights

One of the major challenges faced by developed as well as developing market for sustainable development is to ensure reliable water supply and sanitation services for citizens. More than billion people now live in water-scarce regions and over 3.5 Bn population expected to witness water scarcity by 2025. As stated in UN World Water Development Report, by 2050, one out of four people projected to live in area affected by recurring or chronic scarcity of freshwater. Pertaining to scarcity of fresh water, water management policies have been high on the agenda for several governing bodies around the world. Further, looming global impact of climate change in terms of sea level rise, flooding and longer drought periods adding more pressure on the availability of freshwater resources. Smart water management seeks to alleviate challenges in water management and water sector through the integration of Information and Communication Technology (ICT) products, solution and services. Such technologies are adapted to monitor water resources, which enables to prioritize and manage maintenance issues more effectively.

Browse the full report at https://www.credenceresearch.com/report/smart-water-management-market

Overall smart water management market is segmented based on meter type, meter read technology, solution, and service. In 2017, market was primarily commanded by Automated Meter Reading (AMR) water meters due to benefits it offers such as limited meter-reading expense, reduced billing errors and real-time billing information among several others. North America was the largest market for smart water management in 2017 trailed by Europe and Asia Pacific. The recent trend towards water management through monitoring usage and leakage prevention has been involved in driving uptake of smart water management market in North America. In addition, upgrading of aging water infrastructure is projected to drive the demand for smart water management solutions.

Productivity is critical parameter that affects the profitability of any organization in smart water management market. Water management costs reduced through improved process efficiency, asset utilization, and overall productivity. Integration of Internet of Things (IoT) with water management enables new business models, real-time control, resource conservations, process optimization and service time reduction among several other benefits thereby improving the productivity in end-use. With ever-growing concern of water management and penetration of ICT in overall process expected to play vital role in satisfying the worldwide demand for fresh water.

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By Meter Type
AMR Water Meters
AMI Water Meters

By Meter Read Technology
Fixed Technology
Cellular Technology;

By Solution
Supervisory Control
Data Acquisition (SCADA) Systems,
Advanced Pressure Management,
Advanced Analytics,
Network Monitoring,
Smart Irrigation Management System,
Meter Data Management,
Residential Water Efficiency
Enterprise Asset Management for Water & Wastewater Utilities;

By Service
Managed Services
Professional Services

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ToC:
3. Market Dynamics
3.1. Overview
3.1.1. Global Smart Water Management Market Value, 2016 2026 (US$ Bn)
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraint
3.4. Attractive Investment Proposition, by Geography, 2017
3.5. Market Positioning of Key Smart Water Management Providers, 2017
3.5.1. Major Strategies Adopted by Leading Companies

4. Global Smart Water Management Market, by Meter Type, 2016 2026 (US$ Bn)
4.1. Overview
4.2. AMR Water Meters
4.3. AMI Water Meters

5. Global Smart Water Management Market, by Meter Read Technology, 2016 2026 (US$ Bn)
5.1. Overview
5.2. Fixed Technology
5.3. Cellular Technology

6. Global Smart Water Management Market, by Service, 2016 2026 (US$ Bn)
6.1. Overview
6.2. Managed Services
6.3. Professional Services

7. Global Smart Water Management Market, by Solution, 2016 2026 (US$ Bn)
7.1. Overview
7.2. Supervisory Control & Data Acquisition (SCADA) Systems
7.3. Advanced Pressure Management
7.4. Advanced Analytics
7.5. Network Monitoring
7.6. Smart Irrigation Management System
7.7. Meter Data Management
7.8. Residential Water Efficiency
7.9. Enterprise Asset Management for Water & Wastewater Utilities
........
........
12. Company Profiles
12.1. Honeywell International Inc.
12.2. ET Water Systems LLC
12.3. Schneider Electric SA
12.4. i20 Water Ltd.
12.5. International Business Machines Corporation
12.6. TaKaDu Ltd.
12.7. General Electric Co.
12.8. Arad Metering Technologies
12.9. Itron Inc.
12.10. ABB Ltd.
12.11. Emerson Electric Corporation
12.12. Sensus USA Inc.
12.13. Evoqua Water Technologies
12.14. Siemens AG
12.15. Nalco Water
.........toc continued

Browse the full report at https://www.credenceresearch.com/report/smart-water-management-market

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