Market Overview:
The global smart water management market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for efficient and reliable water management solutions across different applications, rising concerns over water wastage and its impact on the environment, and growing investments in smart city initiatives worldwide. The global smart water management market can be segmented on the basis of type into AMR meters and AMI meters. The AMI meters segment is expected to grow at a higher CAGR than the AMR meters segment during the forecast period owing to their ability to provide more detailed information about water usage patterns, which helps utilities better manage their resources. On the basis of application, the global smart water management market can be divided into residential use, commercial use, and industrial use.
Product Definition:
Smart water management is the efficient and effective use of water resources through planning, operational efficiency, and conservation. It's importance is that it can help reduce wastage of this valuable resource, which is becoming increasingly scarce in many parts of the world.
AMR Meters:
Advanced Metering Infrastructure (AMI) meters are smart water management systems that provide real-time usage information to help reduce or eliminate billing errors and facilitate efficient customer service. AMR meters are used for measuring the volume of water consumed by a customer, as well as the amount of wastewater discharged into the drainage system. The data generated by these devices is transmitted in real-time to a city’s central computer system, which enables officials to take immediate action on any leakages or spills.
AMI Meters:
AMI meters are advanced metering infrastructure that provides real-time water usage data. It is used for measuring the volume of water consumed by a customer during any particular time period. AMI meter measures the total quantity of water used in a given interval, which helps customers to track their daily or monthly consumption pattern with accuracy and ease.
The smart water management market is expected to witness significant growth over the forecast period owing to increasing demand for efficient.
Application Insights:
The global smart water management market has been segmented into three applications, namely residential use, commercial use and industrial use. The residential application is expected to be the largest segment over the forecast period owing to rising awareness among consumers regarding consumption of high-quality drinking water and growing concerns regarding environmental pollution.
Increasing demand for energy-efficient solutions at homes is also anticipated to drive growth in this sector over the forecast period. In addition, increasing government regulations pertaining to installation of meters in households are expected to further propel industry growth during the forecast period. For instance, according with new standards set by EPA (U.S.), all American homes must have a filter installed before piping enters your home by 2018 ¢â‚¬Ëœ unless you have a reverse osmosis system or municipal supply service that provides bottled water [48].
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing population, rising disposable income, and growing urbanization. Moreover, countries such as China and India are experiencing rapid industrialization which has led to an increase in demand for smart water management solutions.
The Asia Pacific regional market is also anticipated to witness significant growth over the forecast period owing to a large number of unmet needs regarding water scarcity coupled with limited or poor quality available freshwater resources in most Asian countries including China, India, Bangladesh &c. This has led governments across these nations into taking initiatives for developing new sources of freshwater as well as wastewater treatment technologies that will help them meet their ever-increasing demands for sustainable development while minimizing environmental impacts associated with it.
Growth Factors:
- Increasing demand for water conservation and efficient water management across various industries
- Rising awareness about the benefits of smart water management among consumers and businesses
- Proliferation of Internet of Things (IoT) and big data analytics technologies that can help optimize water usage
- Growing need to manage aging infrastructure and prevent breakdowns5. Stringent government regulations mandating efficient water usage
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Water Management Market Research Report
By Type
AMR Meters, AMI Meters
By Application
Residential Use, Commerical Use, Industrial Use
By Companies
Xylem Inc, Itron, Elster (Honeywell), Diehl Stiftung & Co. KG, Landis+Gyr, Roper Industries(Neptune), Siemens, Kamstrup, Jiangxisanchuan, Suntront Tech Co., Ltd, Badger Meter Inc, Iskraemeco, Arad Group(Master Meter), Huizhong Instrumentation Co., Ltd, Zenner, Ningbo Water Meter
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Smart Water Management Market Report Segments:
The global Smart Water Management market is segmented on the basis of:
Types
AMR Meters, AMI Meters
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 Use, Commerical Use, Industrial Use
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:
- Xylem Inc
- Itron
- Elster (Honeywell)
- Diehl Stiftung & Co. KG
- Landis+Gyr
- Roper Industries(Neptune)
- Siemens
- Kamstrup
- Jiangxisanchuan
- Suntront Tech Co., Ltd
- Badger Meter Inc
- Iskraemeco
- Arad Group(Master Meter)
- Huizhong Instrumentation Co., Ltd
- Zenner
- Ningbo Water Meter
Highlights of The Smart Water Management 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:
- AMR Meters
- AMI Meters
- By Application:
- Residential Use
- Commerical Use
- Industrial Use
- 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 Management 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.
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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 management is a way to optimize the use of water resources while protecting public health and the environment. It includes using data analytics to identify patterns in how people use water, and then developing strategies to reduce waste or conserve resources.
Some of the major players in the smart water management market are Xylem Inc, Itron, Elster (Honeywell), Diehl Stiftung & Co. KG, Landis+Gyr, Roper Industries(Neptune), Siemens, Kamstrup, Jiangxisanchuan, Suntront Tech Co., Ltd, Badger Meter Inc, Iskraemeco, Arad Group(Master Meter), Huizhong Instrumentation Co., Ltd, Zenner, Ningbo Water Meter.
The smart water management market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Water Management Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Water Management Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Water Management Market - Supply Chain
4.5. Global Smart Water Management Market Forecast
4.5.1. Smart Water Management Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Water Management Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Water Management Market Absolute $ Opportunity
5. Global Smart Water Management Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart Water Management Market Size and Volume Forecast by Type
5.3.1. AMR Meters
5.3.2. AMI Meters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Water Management Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart Water Management Market Size and Volume Forecast by Application
6.3.1. Residential Use
6.3.2. Commerical Use
6.3.3. Industrial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Water Management Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart Water Management Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart Water Management Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart Water Management Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart Water Management Demand Share Forecast, 2019-2026
9. North America Smart Water Management Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart Water Management Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart Water Management Market Size and Volume Forecast by Application
9.4.1. Residential Use
9.4.2. Commerical Use
9.4.3. Industrial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Water Management Market Size and Volume Forecast by Type
9.7.1. AMR Meters
9.7.2. AMI Meters
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart Water Management Demand Share Forecast, 2019-2026
10. Latin America Smart Water Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart Water Management Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart Water Management Market Size and Volume Forecast by Application
10.4.1. Residential Use
10.4.2. Commerical Use
10.4.3. Industrial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Water Management Market Size and Volume Forecast by Type
10.7.1. AMR Meters
10.7.2. AMI Meters
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart Water Management Demand Share Forecast, 2019-2026
11. Europe Smart Water Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart Water Management Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart Water Management Market Size and Volume Forecast by Application
11.4.1. Residential Use
11.4.2. Commerical Use
11.4.3. Industrial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Water Management Market Size and Volume Forecast by Type
11.7.1. AMR Meters
11.7.2. AMI Meters
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivenes/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart Water Management Demand Share, 2019-2026
12. Asia Pacific Smart Water Management Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart Water Management Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart Water Management Market Size and Volume Forecast by Application
12.4.1. Residential Use
12.4.2. Commerical Use
12.4.3. Industrial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Water Management Market Size and Volume Forecast by Type
12.7.1. AMR Meters
12.7.2. AMI Meters
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart Water Management Demand Share, 2019-2026
13. Middle East & Africa Smart Water Management Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart Water Management Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart Water Management Market Size and Volume Forecast by Application
13.4.1. Residential Use
13.4.2. Commerical Use
13.4.3. Industrial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Water Management Market Size and Volume Forecast by Type
13.7.1. AMR Meters
13.7.2. AMI Meters
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart Water Management Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Water Management Market: Market Share Analysis
14.2. Smart Water Management Distributors and Customers
14.3. Smart Water Management Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Xylem Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Itron
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elster (Honeywell)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Diehl Stiftung & Co. KG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Landis+Gyr
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Roper Industries(Neptune)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siemens
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kamstrup
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiangxisanchuan
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Suntront Tech Co., Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Badger Meter Inc
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Iskraemeco
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Arad Group(Master Meter)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Huizhong Instrumentation Co., Ltd
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zenner
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Ningbo Water Meter
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
