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Smart Water Management Market Research Report – Segmentation By Advanced Water Meters (Meter Type & Meter Read Technology), Solution (Network Monitoring, Advanced Pressure Management, SCADA System, Advanced Analytics, Residential Water Efficiency) - Global Forecast to (2022 to 2027)

Published: January, 2022
ID: 8341
Pages: 170

Smart Water Management Market Size (2022 - 2027)

The Smart Water Management market is a very fast-growing market with an average CAGR of 21.1 % during the forecast period. As of 2020, the Smart Water Management market industry is valued at 14 billion USD, and it is estimated to reach 35.75 billion USD by the year 2026. North America has the largest market share of Smart Water Management Market whereas South America has the highest growth rate.

Market Drivers and Restraints

Concerns on water shortage and growing awareness about depleting water reserves across the globe has got the government of many countries to invest in Smart Water Management techniques. Several organizations and international campaigns have been focusing on educating and informing people about the need to conserve water which has led to many of the water management techniques being applied at ground level.

The high cost of many of these equipment(s) is the biggest constraint of the market. Lack of expertise and talent availability in this field is another major constraint.

MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 - 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

21.1%

Segments Covered

Advanced Water Meters, Solution, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

ABB Group (Switzerland), IBM Corporation (U.S.), General Electric (U.S.), Itron (U.S.), Schneider Electric (France) and other market players

Fastest Growing Region

Asia Pacific

Largest Market

North America

 

Market Segmentation:

Smart Water Management Market - By Advanced Water Meters

Based on the Advanced Water Meters, the Smart Water Management market is divided into-

  1. Meter Type
  2. Meter Read Technology

Smart Water Management Market - By Solution

Based on the Solution, the Smart Water Management market is divided into-

  1. Network Monitoring
  2. Advanced Pressure Management
  3. SCADA System
  4. Advanced Analytics
  5. Residential Water Efficiency

Based on the Solution, SCADA system segment is projected to be the leading segment throughout the forecast period. SCADA solution aims at reducing energy costs in pumping water through the distribution network, streamlining water utility operations, and wastewater utility infrastructure. Due to these factors, SCADA has become the top choice in the market.

Smart Water Management Market - By Region

  1. North America
  2. Europe
  3. Latin America
  4. Asia Pacific
  5. Middle East & Africa

North America has the largest market share of Smart Water Management market as of 2018, and it is projected to remain on the top spot during all of the forecast periods. Development & adoption of innovative technologies apart from being the R&D hub of Smart Water Management are driving the growth of the Smart Water Management market in North America.Europe has the second largest market share followed closely by Asia-Pacific (APAC) region. South America is the fastest-growing market for Smart Water Management mainly due to the government efforts of Brazil and Argentina.

Asia-Pacific is the second fastest-growing market for Smart Water Management. The growth of the Smart Water Management market across the Asia-Pacific region is primarily driven by the recent water crisis in India & China, huge population coupled with the rise in the standard of living which has forced the Government to adopt Smart Water Management Market. Several international organizations have also invested in the APAC region to make their mark in the global domain.

Key Players

The major market players in the Smart Water Management market include:

  1. ABB Group (Switzerland)
  2. IBM Corporation (U.S.)
  3. General Electric (U.S.)
  4. Itron (U.S.)
  5. Schneider Electric (France)

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Market Share Analysis                           

                5.2 Product Benchmarking                          

                5.3 Regional Presence                   

                5.4 Mergers & Acquistion Landscape                      

                5.5 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Smart Water Management Market, by Advanced Water Meters

                                6.1.1 Meter Type            

                                6.1.2 Meter Read Technology    

                                6.1.3 Market Size Estimations & Forecasts (2022 - 2027)

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Smart Water Management Market, by Solution

                                6.2.1 Network Monitoring           

                                6.2.2 Advanced Pressure Management

                                6.2.3 SCADA System      

                                6.2.4 Advanced Analytics             

                                6.2.5 Residential Water Efficency             

                                6.2.6 Market Size Estimations & Forecasts (2022 - 2027)

                                6.2.7 Y-o-Y Growth Rate Analysis             

                                6.2.8 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Smart Water Mangement Market, By Region

                7.2 North America - Market Analysis (2022 - 2027)

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Advance Water Meters               

                                7.2.3 By Solution              

                                7.2.4 Y-o-Y Growth Rate Analysis             

                                7.2.5 Market Attractiveness Index          

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Advance Water Meters               

                                7.3.3 By Solution              

                                7.3.4 Y-o-Y Growth Rate Analysis             

                                7.3.5 Market Attractiveness Index          

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Advance Water Meters               

                                7.4.3 By Solution              

                                7.4.4 Y-o-Y Growth Rate Analysis             

                                7.4.5 Market Attractiveness Index          

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Advance Water Meters               

                                7.5.3 By Solution              

                                7.5.4 Y-o-Y Growth Rate Analysis             

                                7.5.5 Market Attractiveness Index          

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Advance Water Meters               

                                7.6.3 By Solution              

                                7.6.4 Y-o-Y Growth Rate Analysis             

                                7.6.5 Market Attractiveness Index          

8. Key Player Analysis                                    

                8.1 ABB Group (Switzerland)                      

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 IBM Corporation (U.S.)                          

                8.3 General Electric (U.S.)                            

                8.4 Itron (U.S.),                                

                8.5 Schneider Electric (France)                  

9. Market Outlook & Investment Opportunities                                

Appendix

                List of Tables                     

                List of Figures                   

  1. Global Smart Water Management  Market By Region, From 2022 - 2027 ( USD Billion )
  2. Global Smart Water Management  Market By Advanced Water Mangement, From 2022 - 2027 ( USD Billion )
  3. Global Meter Type Market By Region, From 2022 - 2027 ( USD Billion )
  4. Global Meter Read Technology Market By Region, From 2022 - 2027 ( USD Billion )
  5. Global Smart Water Management  Market By Solution, From 2022 - 2027 ( USD Billion )
  6. Global Network Monitoring Market By Region, From 2022 - 2027 ( USD Billion )
  7. Global Advanced Pressure Management Market By Region, From 2022 - 2027 ( USD Billion )
  8. Global SCADA System Market By Region, From 2022 - 2027 ( USD Billion )
  9. Global Advanced Analytics Market By Region, From 2022 - 2027 ( USD Billion )
  10. Global Residential Water Efficiency Market By Region, From 2022 - 2027 ( USD Billion )

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