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World Smart Water Management Market - Opportunities and Forecasts, 2017-2023

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Jul 2018 | 1075 Views
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Smart water management is the next big thing due to the rising water scarcity and need for water conservation around the world. Various organizations and governments across the globe are under immense pressure to meet the increasing demand of water. Worldwide water regulatory bodies must understand the need of the hour and proactively implement smart water technologies to efficiently manage their distribution channels, update their operations, reduce maintenance cost, spread awareness among customers about water conservation and reduce non revenue water losses occurring due to thefts and water leakage. Based on the background of such requirements, the demand for Smart water management is expected to surge and the market for the same is projected to grow at a promising CAGR from 2013 to 2020. The aim of this report is to provide an insight on the global smart water management market, current and projected trends, and to carry out an in-depth analysis of the market potential. This report analyzes opportunities in the developed and emerging economies so that companies can make strategic decisions and gain competitive edge. The major trends driving this market are aging water infrastructure, regulatory compliances, implementation of stringent environmental standards, etc. The rapid growth in urbanization and industrialization taking place in the Asia-Pacific region is expected to open up new opportunities for the existing and new participants. The industry is very competitive due to the presence of some dominant smart water management device manufacturers and service providers in the market. Some of those key players are IBM, Siemens, Schnieder, GE, ABB, Nalco, TaKaDu, i2O water and others. To battle with this competition and to enhance their profit, market share and image, companies are opting for various business strategies. For instance, Nalco an Ecolab company acquired Champion technologies, one of its competitors, in order to expand its market share, product offerings and services in water, hygiene and energy technologies.  

The segments covered in this report include market analysis by devices, by solution, by services and by geography. Based on devices used for smart water management, the market is segmented into advanced water meters, meter read technology and cellular network. Advanced water meters are further segmented into AMR water meters and AMI water meters. The sub segments covered under solutions include enterprise asset management for water & wastewater utilities, network monitoring, advanced pressure management, supervisory control & data acquisition (SCADA systems), advanced analytics, meter data management (MDM), residential water efficiency and smart irrigation management systems. Based on services, the market is segmented into valve management, pipeline condition assessment, hydrant management and information management. The global smart water management market by geography is segmented into North America, Asia-Pacific, Europe and Latin America, Middle East & Africa (LAMEA).

KEY BENEFITS 

  • This report gives an insight on the smart water management technology and its applications
  • Detailed analysis of drivers and constraints of smart water management market have been discussed
  • Porter’s five force and SWOT analysis would facilitate decision makers in making strategic decisions by providing them insight on current market conditions and important factors
  • Analysis of key market players and their strategies are discussed in the report in order to understand the competition in better way
  • Market segmentation is been conducted based on services, solutions, devices and geographic location, which would assist companies in deciding on the segments of importance
  • Analysis of current market scenario as well as the future estimations through 2013-2020 would assist the decision makers understand the future prospects of the market 

KEY MARKET SEGMENTS

MARKET BY SERVICES

  • Value management
  • Pipeline condition assessment
  • Hydrant management
  • Information management

MARKET BY SOLUTIONS

  • Enterprise asset management for water and wastewater utilities 
  • Network monitoring
  • Advanced pressure management
  • Supervisory control and data acquisition
  • Advance analytics
  • Meter data management
  • Residential water efficiency
  • Smart irrigation management systems

MARKET BY DEVICES

  • Advanced water meters
    • AMR water meters
    • Ami water meters
  • Mater read technology
  • Cellular network

MARKET BY Geography

  • North America
  • Asia-Pacific
  • Europe
  • LAMEA
 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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