Market Overview:
The global smart water grid market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for energy-efficient and reliable water management systems across the globe. In addition, the growing awareness about the benefits of smart water grids is also contributing to the growth of this market. The global smart water grid market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into smart infrastructure, control & automation, ICT & analytical software, and design & engineering.
Product Definition:
A smart water grid is a system that uses digital technology to manage and distribute water resources more efficiently. It can help reduce wastage, optimize use of resources, and improve communication between utilities and customers. The importance of a smart water grid is that it can help make the best use of our scarce water resources while also helping to ensure reliability and resilience in the event of disruptions.
Smart Infrastructure:
Smart infrastructure is an integrated set of physical and cyber systems designed to meet the requirements of a specific application. It can be used for various applications such as water management, transportation, energy management and also provide security. Smart infrastructure has several components including sensors, intelligent devices/equipment (e.g.
Control & Automation:
The global control and automation market is expected to witness significant growth over the forecast period. The major drivers for this market are increasing demand for energy efficiency, rising population, rapid industrialization & urbanization, and growing government initiatives across the world. Control and automation systems have applications in water management as well; hence it has a huge potential to positively impact the smart water grid industry over the next seven years.
Application Insights:
The utility application segment accounted for the largest revenue share of over 60% in 2017. The growth is attributed to the extensive use of smart water infrastructure in power generation and distribution sectors. In addition, growing demand for 24/7 power backup and stable supply are expected to drive the utility application segment over the forecast period.
The commercial application segment is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to increasing adoption by commercial institutions such as hospitals, hotels, restaurants and educational institutes among others. Furthermore, deployment of advanced metering infrastructure (AMI) across residential areas will further boost market penetration in this sector during future years.
Regional Analysis:
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing demand for clean water and wastewater treatment. The growing population coupled with rapid urbanization has led to increased demand for municipal services, which includes water supply and sanitation. This, in turn, is expected to drive the regional market over the forecast period.
The smart grid application in North America region accounted for a revenue share of more than 30% in 2017 on account of technological advancements such as digital energy management (DEMS) along with an increase in renewable sources of energy generation such as wind & solar power plants that require advanced control systems across multiple locations. Moreover, rising investments by utilities including Duke Energy Corporation; American Electric Power Company; Public Service Company Of Colorado; Xcel Energy Inc.; among others are expected to propel industry growth over the next eight years.
Europe's smart water grid market was valued at USD X billion.
Growth Factors:
- Increasing demand for water conservation and efficient water management
- Rapid urbanization and industrialization in developing countries
- Proliferation of smart technologies and IoT devices
- Stringent government regulations for water usage and wastage prevention
- Rising awareness about the benefits of smart water grids among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Water Grid Market Research Report
By Type
Smart Infrastructure, Control & Automation, ICT & Analytical Software, Design & Engineering
By Application
Residential, Commercial, Utility
By Companies
Xinapse Systems Ltd, Prezi Inc, ICT, co., Ltd, Wetsus, The Whitmore Group, ABB Group, Arqiva, Toshiba Corporation, Neptune Technology Group Inc, Schneider Electric, Badger Meter, Inc, Itron Inc, Sensus Worldwide Holdings Ltd., Siemens AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Smart Water Grid Market Report Segments:
The global Smart Water Grid market is segmented on the basis of:
Types
Smart Infrastructure, Control & Automation, ICT & Analytical Software, Design & Engineering
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Utility
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Xinapse Systems Ltd
- Prezi Inc
- ICT, co., Ltd
- Wetsus
- The Whitmore Group
- ABB Group
- Arqiva
- Toshiba Corporation
- Neptune Technology Group Inc
- Schneider Electric
- Badger Meter, Inc
- Itron Inc
- Sensus Worldwide Holdings Ltd.
- Siemens AG
Highlights of The Smart Water Grid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Smart Infrastructure
- Control & Automation
- ICT & Analytical Software
- Design & Engineering
- By Application:
- Residential
- Commercial
- Utility
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Water Grid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Water Grid is a global initiative to make water management more efficient and sustainable. It aims to improve the quality of water resources, reduce waste, and promote innovation in water management.
Some of the major companies in the smart water grid market are Xinapse Systems Ltd, Prezi Inc, ICT, co., Ltd, Wetsus, The Whitmore Group, ABB Group, Arqiva, Toshiba Corporation, Neptune Technology Group Inc, Schneider Electric, Badger Meter, Inc, Itron Inc, Sensus Worldwide Holdings Ltd., Siemens AG.
The smart water grid market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Water Grid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Water Grid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Water Grid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Water Grid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Water Grid Market Size & Forecast, 2020-2028
4.5.1 Smart Water Grid Market Size and Y-o-Y Growth
4.5.2 Smart Water Grid Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Smart Infrastructure
5.2.2 Control & Automation
5.2.3 ICT & Analytical Software
5.2.4 Design & Engineering
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Utility
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Water Grid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Water Grid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Smart Infrastructure
9.6.2 Control & Automation
9.6.3 ICT & Analytical Software
9.6.4 Design & Engineering
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Utility
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Smart Infrastructure
10.6.2 Control & Automation
10.6.3 ICT & Analytical Software
10.6.4 Design & Engineering
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Utility
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Smart Infrastructure
11.6.2 Control & Automation
11.6.3 ICT & Analytical Software
11.6.4 Design & Engineering
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Utility
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Smart Infrastructure
12.6.2 Control & Automation
12.6.3 ICT & Analytical Software
12.6.4 Design & Engineering
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Utility
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Smart Infrastructure
13.6.2 Control & Automation
13.6.3 ICT & Analytical Software
13.6.4 Design & Engineering
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Utility
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Water Grid Market: Competitive Dashboard
14.2 Global Smart Water Grid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Xinapse Systems Ltd
14.3.2 Prezi Inc
14.3.3 ICT, co., Ltd
14.3.4 Wetsus
14.3.5 The Whitmore Group
14.3.6 ABB Group
14.3.7 Arqiva
14.3.8 Toshiba Corporation
14.3.9 Neptune Technology Group Inc
14.3.10 Schneider Electric
14.3.11 Badger Meter, Inc
14.3.12 Itron Inc
14.3.13 Sensus Worldwide Holdings Ltd.
14.3.14 Siemens AG
