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SMART WATER MANAGEMENT MARKET ANALYSIS

Smart Water Management Market, By Offering (Solutions and Services), By Technology (IoT, AI, Big Data & Analytics, Cloud Computing, and Others), By End User (Residential, Commercial, and Industrial), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Jul 2024
  • Code : CMI805
  • Pages :130
  • Formats :
      Excel and PDF
  • Industry : Smart Technologies

Market Concentration and Competitive Landscape

Smart Water Management Market Concentration By Players

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Needs of aging water infrastructure

A majority of water supply networks across cities were set up several decades ago and are in dire need for upgrades to tackle challenges of the modern times. Deteriorating pipelines have been resulting in huge water losses, frequent pipe bursts and disruptions in supply. The infrastructure is also not equipped to deal with the rising demand pressures. Modernizing these aging systems with smart digital solutions is the need of the hour. Advanced technologies enable utilities to better monitor the condition of pipelines, proactively detect faults and schedule predictive maintenance. Sensor networks along the distribution network help locate and mitigate leaks faster. This helps reduce non-revenue water losses, enhance service reliability and optimize capital expenditure towards systematic rehabilitation or expansion of pipelines. Real-time monitoring further helps simulate network usage and plan infrastructure augmentation intelligently based on data-driven insights. For utilities struggling with outdated water facilities and rising operation & maintenance costs, smart systems offer an efficient pathway to upgrade, better manage and future-proof their infrastructure assets as per evolving usage patterns.

Key Players Insights
  • ABB Ltd.
  • Honeywell International Inc.
  • IBM Corporation
  • Itron, Inc.
  • Schneider Electric SE
  • Siemens AG
  • SUEZ Group
  • Badger Meter
  • Hydropoint
  • Oracle Corporation
  • Trimble Inc.
  • Arad Group
  • Elster Group SE
  • Sensus
  • Takadu

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