Making sure that the infrastructure and energy used for water transportation are effectively managed is the main goal of SWM. SMW also reduces the amount of energy used to pump water at water utilities, lowers the cost of finding leaks and theft, and increases customer water conservation awareness. Due to regulatory support from the governments, a lack of funding, and fragmented technology solutions from different vendors without an integrated platform, smart water solutions and services continue.
The market for Smart Water Management worldwide was valued at US$ 18,397.2 Mn in 2021 and is projected to grow at a CAGR of 17% from 2022 to 2030 to reach US$ 71,511.9 Mn.
Leading Companies in the Smart Water Management Industry:
1. IBM Corporation
With operations in more than 175 nations, the International Business Machines Corporation, also known as Big Blue, is a multinational technology company with its corporate headquarters in Armonk, New York.
IBM Reaffirms Support for the Rome Call for AI Ethics and Welcomes Jewish and Muslim Leaders to the Call.
2. TaKaDu Ltd.
For the water and gas industries, TaKaDu is a leading global software provider of Central Event Management solutions. Utilities can DETECT, ANALYZE, and MANAGE network events and incidents like leaks, bursts, defective assets, telemetry and data problems, operational failures, and more thanks to automated cloud-based services.
To reduce water loss, enhance customer service, and increase operational effectiveness, Logan Water implements TaKaDu's Central Event Management (CEM) Solution.
3. Arad Metering Technologies
The development centre for the Arad Group, a global leader in the creation of IOT smart water measurement systems that are marketed and sold in more than 50 countries, is Arad Measurement Technologies.
Arad Group Acquires $18 Million Contract to Supply Advanced Remote Metering Solutions to India's Delhi Jal Board.
4. Sensus USA Inc.
For investor-owned utilities, cooperatives, and municipalities, Sensus, a Xylem brand, offers remotely managed products and solutions that deliver the appropriate data at the appropriate time.
5. i2O Water Ltd
In order to assist water utilities in meeting the challenges brought on by an ageing infrastructure, an ageing workforce, an urbanising population, more extreme weather events, and a lack of appetite for rising prices, i2O offers a suite of smart network solutions.
6. ABB Ltd
Swedish-Swiss multinational company ABB Ltd. has its headquarters in Zürich, Switzerland. In 1988, the Swiss company Brown, Boveri & Cie and the Swedish company Allmänna Svenska Elektriska Aktiebolaget merged to form ASEA Brown Boveri, later known as ABB.
7. ET Water Systems, LLC
With the largest companies, municipalities, and HOAs in the nation, ETwater has worked with them for more than ten years to optimise and decrease water usage. With a patent for centrally processing big data to implement predictive watering schedules based on plant types, soil and slope conditions, and environmental factors, ETwater is the only smart irrigation company
8. Schneider Electric SA
A French multinational corporation called Schneider Electric SE is an expert in digital automation and energy management. Utilizing a combination of energy technologies, real-time automation, software, and services, it addresses homes, buildings, data centres, infrastructure, and industries.
*Definition: The planning, development, distribution, and management of the use of water resources using a variety of IoT technologies is known as smart water management. These technologies are intended to increase transparency and promote the sensible and sustainable use of these water resources.
