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Global Smart Water Management Market (2021-2027) by Type, Solution, Services, End-user, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

  • ID: 5451251
  • Report
  • September 2021
  • Region: Global
  • 180 Pages
  • Infogence Global Research
UP TO OFF
until Jan 31st 2022

FEATURED COMPANIES

  • ABB
  • Badger Meter
  • Hydropoint
  • Itron
  • Schneider Electric
  • Siemens
The Global Smart Water Management Market is estimated to be USD 15.9 Bn in 2021 and is expected to reach USD 32.23 Bn by 2027, growing at a CAGR of 12.5%.



The drivers for the smart water management market are the rising need for sustainable water solutions, increasing urbanization, technological advancement, the need for a significant reduction in loss due to non-revenue water, growing population, and a decrease in water resources. The Rising need to replace the aging water infrastructure, increase supervisory control, and data acquisition are also the major drivers for the smart water management system.

On the other hand, the lack of a digitally skilled workforce, the high initial investment required, and a slow rate of return on investment restrain the smart water management market. However, the market is entitled to a tremendous opportunity related to water utilities to realize significant financial savings.

Market Dynamics


Drivers

  • Rising Need for Sustainable Water Solutions
  • Need for a Significant Reduction in Loss due to Non-Revenue Water
  • Rising Need to Replace the Aging Water Infrastructure

Restraints

  • Lack of Digitally Skilled Workforce
  • Reduced Shelf Life of Smart Meters

Opportunities

  • Rising Global Smart City Initiatives
  • Government Initiatives and Regulatory Implementations for Promoting Smart Water Solutions

Challenges

  • Difficulty in Technology Implementation over The Legacy Infrastructure
  • High Initial Investments and Lower Return on Investment

Segments Covered

Based on Type, the Advanced Metering Infrastructure (AMI) segment is expected to have the largest share in the market. This is because it is widely used in the water industry and enables two-way communication between the meter and the end-user. It becomes more convenient for users to monitor water consumption. The AMI is widely used in the industrial areas as it benefits from cost reduction. The AMI includes better asset management, improved customer service, and helps for water conservation.

Based on Solution, Enterprise Asset Management holds the largest share in the market. The growth is due to the increase in the adoption of real-time condition monitoring, the advancement of technology, data analytics, and ease of the maintenance of the asset. It is widely adopted by end-user because it offers real-time monitoring data and predictive maintenance of assets, which fuels the growth of the market.

Based on Services, Professional services holds a maximum share in the segment. It is sub-segmented into maintenance and support, deployment and integration, and consulting services. The professional services are the most favorable offering in the smart water management market as they create a high degree of smart characteristics and autonomy in the utility sector. They offer end-user training, security, privacy, and consulting services.

Based on End-user, the market is segmented into commercial & industrial, and residential. The Commercial and Industrial Segment is expected to grow at a higher CAGR during the forecast period. The growth is due to the increasing requirement of quality water services to the commercial and industrial end-user to manage water-based expenses.

Based on Region, North America is expected to hold the largest share in the market. This is because of the adoption of advanced meter infrastructure technology by various organizations in this region. The demand for sustainable energy solutions and stringent government regulations for water management is driving the growth of smart water management in this region. The APAC region is also showing a rapid growth in the market as it holds the maximum number of the world’s population, and the use of technology such as IoT and other technological devices is likely to shape the overall future of the region. The increasing number of smart city projects across the region is fuelling the growth of smart water management.

The Global Smart Water Management Market is segmented based on Type, Solution, Services, End-user, and Geography.

Global Smart Water Management, By Type

  • Introduction
  • Meter Type
  • AMR Meters
  • AMI Meters
  • Meter Read Technology
  • Fixed Network
  • Cellular Network

Global Smart Water Management, By Solution

  • Introduction
  • Enterprise Asset Management
  • Analytics and Data Management
  • Security
  • Smart Irrigation Management
  • Advanced Pressure Management
  • Mobile Workforce Management
  • Network Management
  • Customer Information System and Billing
  • Leak Detection

Global Smart Water Management, By Services

  • Introduction
  • Professional Services
  • Maintenance and Support
  • Deployment and integration
  • Consulting service
  • Managed Services

Global Smart Water Management, By End User

  • Introduction
  • Commercial and Industrial
  • Residential

Global Smart Water Management, By Geography

  • Introduction
  • North America
  • South America
  • Europe
  • Asia Pacific
  • The Middle East and Africa

Company Profiles

Some of the companies covered in this report are ABB, IBM, Honeywell Elster, Siemens, Itron, Schneider Electric, Suez, Oracle, Landis Gyr, Sensus, Arad Group, Huawei, Trimble Water, Hydropoint, I2O Water, Xenius, Senziot, Takadu, Badger Meter, and Aquamatix.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance Score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Smart Water Management. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.

  • The report also contains the competitive analysis using the Competitive Quadrant, the publisher’s proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB
  • Badger Meter
  • Hydropoint
  • Itron
  • Schneider Electric
  • Siemens
1. Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders

2. Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study

3. Executive Summary

4. Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.3 Trends

5. Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis


6. Global Smart Water Management, By Type
6.1 Introduction
6.2 Meter Type
6.2.1 AMR Meters
6.2.2 AMI Meters
6.3 Meter Read Technology
6.3.1 Fixed network
6.3.2 Cellular Network

7. Global Smart Water Management, By Solution
7.1 Introduction
7.2 Enterprise Asset Management
7.3 Analytics and Data Management
7.4 Security
7.5 Smart Irrigation Management
7.6 Advanced Pressure Management
7.7 Mobile Workforce Management
7.8 Network Management
7.9 Customer Information System and Billing
7.10 Leak Detection

8. Global Smart Water Management, By Services
8.1 Introduction
8.2 Professional Services
8.2.1 Maintenance and support
8.2.2 Deployment and integration
8.2.3 Consulting services
8.3 Managed Services

9. Global Smart Water Management, By End User
9.1 Introduction
9.2 Commercial and Industrial
9.3 Residential

10. Global Smart Water Management, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 South America
10.3.1 Brazil
10.3.2 Argentina
10.4 Europe
10.4.1 UK
10.4.2 France
10.4.3 Germany
10.4.4 Italy
10.4.5 Spain
10.4.6 Rest of Europe
10.5 Asia-Pacific
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4 Indonesia
10.5.5 Malaysia
10.5.6 South Korea
10.5.7 Australia
10.5.8 Russia
10.5.9 Rest of APAC
10.6 Rest of the World
10.6.1 Qatar
10.6.2 Saudi Arabia
10.6.3 South Africa
10.6.4 United Arab Emirates
10.6.5 Latin America

11. Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Competitive Scenario
11.3.1 Mergers & Acquisitions
11.3.2 Agreements, Collaborations, & Partnerships
11.3.3 New Product Launches & Enhancements
11.3.4 Investments & Fundings

12. Company Profiles
12.1 ABB
12.2 IBM
12.3 Honeywell Elster
12.4 Siemens
12.5 Itron
12.6 Schneider Electric
12.7 Suez
12.8 Oracle
12.9 Landis Gyr
12.10 Sensus
12.11 Arad Group
12.12 Huawei
12.13 Trimble Water
12.14 Hydropoint
12.15 I2O Water
12.16 Xenius
12.17 Senziot
12.18 Takadu
12.19 Badger Meter
12.20 Aquamatix

13. Appendix
13.1 Questionnaire
Note: Product cover images may vary from those shown
  • ABB
  • IBM
  • Honeywell Elster
  • Siemens
  • Itron
  • Schneider Electric
  • Suez
  • Oracle
  • Landis Gyr
  • Sensus
  • Arad Group
  • Huawei
  • Trimble Water
  • Hydropoint
  • I2O Water
  • Xenius
  • Senziot
  • Takadu
  • Badger Meter
  • Aquamatix
Note: Product cover images may vary from those shown

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