GLOBAL SMART WATER MANAGEMENT MARKET FORECAST 2017-2026

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GLOBAL SMART WATER MANAGEMENT MARKET FORECAST 2017-2026

 Global Smart water management market is estimated to grow by approx.20.46% CAGR during the year 2017 – 2026. The base year considered for the study is 2016 and the forecast period is 2017-2026. Global Smart Water Management market is primarily driven by following factors: Restricting water loss and increasing efficiency in urban regions

GLOBAL SMART WATER MANAGEMENT MARKET FORECAST 2017-2026

Global Smart Water Management Market by Solutions (Enterprise Asset Management, Network Monitoring, Advanced Pressure Management, Systems for Water and Waste Water, Residential Water Efficiency, Smart Irrigation Management, Advanced Analytics, Meter Data Management) by Services(Professional Services, Managed Services) by Advanced Water Meter( Meter Type, Meter Read Technology) by Geography

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Global Smart water management market is estimated to grow by approx.20.46% CAGR during the year 2017 – 2026. The base year considered for the study is 2016 and the forecast period is 2017-2026. Global Smart Water Management market is primarily driven by following factors:

  • Restricting water loss and increasing efficiency in urban regions
  • Aging water infrastructure
  • Demand for smart city projects

Smart Water Management

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The important driver increasing growth in the global smart water management market is its rising demand for smart city projects. The smart city consists of smart energy, smart buildings, smart mobility, smart governance, smart infrastructure and more. Water management is a major provision in the smart city agenda. Smart energy consists of smart grids, smart meter, and intelligent energy storage. Rising investment for achieving smart city projects is fueling the growth in the smart water management market.

SCADA systems for water and wastewater are included in the market of SCADA based solution for water management. SCADA stands for supervisory control and data acquisition.  It is a computer-based control system that allows the control of the process, either locally or remotely. SCADA solutions in water management automate much of the control process, it monitors transport and distribution of purchased water from lakes and reservoirs to the city and reclamation of treated water. There are several advantages of having a SCADA such as it reduces the operating costs and improves system performance and reliability.

High initial investment and water utilities apprehensive of adopting cloud services are the major factors hindering the smart water management market. The high cost of installing smart water meters for the water management is a major restraining factor for the global smart water management market. The high cost of smart water meters slows the adoption of smart meters which, in turn, hinders the growth of smart water management market. A smart meter can cost as much as seven times of the regular analog spinning meter. The average cost of the regular analog meter is about $ 25-30. While the cost of installation of smart meters is around $180-$200 per house, this price range might go high with a large number of installation.

The global smart water management market segments include solutions, services, and advanced water meters.

Solutions are segmented into:

  • Enterprise asset management
  • Network monitoring
  • Advanced pressure management
  • SCADA systems for water and waste water
  • Residential water efficiency
  • Smart irrigation management
  • Advanced analytics
  • Meter data management (MDM)

Services is segmented into:

  • Professional services
  • Managed services

Advanced water meters include:

  • Meter type
  • Meter read technology

The report scope is widely categorized on the basis of its components which include solutions, and services. Moreover, the market revenue estimates and forecast includes only smart water management systems and excludes the traditional water meters.

Geographically, the global smart water management market has been segmented on the basis of four major regions, which includes:

North America is anticipated to account for the largest market share of the global smart water management market during the forecast period, due to factors like – a high number of people residing in urban areas and increasing investment in water management projects coupled with a high investment in smart city infrastructure. U.S. and Canada have a high percentage of the population residing in urban areas. As per a recent census (2016) of the respective countries, 80.7% and ~80% of the population reside in urban areas in US and Canada respectively. Providing proper water supplies to the residents and the growing focus towards efficient water management have led to the high adoption of smart water management solutions in North America. High investment to deploy new efficient water management solutions have also positively aided the growth of smart water management market in North America. On the other hand, Asia-Pacific market is anticipated to be the fastest-growing region for the smart water management market. Countries like China, India, and Japan are the major contributors to smart water management market in this region.

The smart water management market is highly segmented, based on solutions which are sub-divided into enterprise asset management, network monitoring, advanced pressure management, SCADA, residential water efficiency, smart irrigation management, advanced analytics, and meter data management. The market is also segmented on the basis of services which are sub-divided into professional services and managed services.  The smart water management market is also segmented on the basis of advanced water meters which includes meter type and meter reading technology.

The major market players in the global smart water management market are:

  • XYLEM INC.
  • ITRON
  • HONEYWELL INC.,
  • ARAD LTD.
  • SIEMENS AG
  • OTHERS

Company Profiles covers analysis of important players

These companies are using organic and inorganic strategies for their growth. For instance, in January 2016,   Honeywell completed the acquisition of Elster division of Melrose Industries Plc. Elster was world’s largest electricity, gas and water measurement and control providers. Through this acquisition, Honeywell has expanded its smart water solutions among more than 130 countries across the globe. In June 2016, Itron Inc made a collaboration agreement with WaterSmart Software, to optimize water efficiency and consumer engagement applications. This acquisition deployed Itron’s water Advanced Metering Infrastructure (AMI) portfolio in North America to include WaterSmart’s innovative consumer engagement technology.

Key Findings of the global smart water management market.

  • Aging water infrastructure, restricting water loss and increasing efficiency in urban regions, and rising demand for smart city projects is fueling the growth in global smart water management market.
  • North America is anticipated to account for the largest revenue share in 2016.
  • SCADA systems segment is dominating the market due to their ability to streamline water utility operations through the use of data-driven control methods coupled with the capability to provide enhanced asset management for water and wastewater utility infrastructure
  • Increasing government support
  • Product launch is the key strategy adopted by the various market players of the global smart water management market.
  • Meter type is a major segment of the advanced water meter.
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
    • ESTIMATION METHODOLOGY
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • NORTH AMERICA HOLDS A MAJOR SHARE OF THE GLOBAL SMART WATER MANAGEMENT MARKET
      • SCADA TECHNOLOGY HAS BEEN DOMINATING THE SMART WATER MANAGEMENT MARKET
      • INCREASING GROWTH OPPORTUNITIES FROM EMERGING MARKETS OF CHINA AND INDIA
      • SMART IRRIGATION SYSTEMS IS HELPING IN MAKING REAL TIME DECISIONS
  1. MARKET DYNAMICS
    • MARKET DEFINITION
    • DRIVERS
      • RESTRICTING WATER LOSS AND INCREASING EFFICIENCY IN URBAN REGIONS
      • AGING WATER INFRASTRUCTURE
      • DEMAND FROM SMART CITY PROJECTS
    • RESTRAINTS
      • HIGH INITIAL INVESTMENT
      • WATER UTILITIES APPREHENSIVE OF ADOPTING CLOUD SERVICES
    • OPPORTUNITIES
      • WATER CONSERVATION POTENTIAL OF SMART IRRIGATION SYSTEMS
      • INVESTMENTS IN WATER CONSERVATION
      • INCREASED EFFICIENCY NEEDED FOR USE OF WATER IN IRRIGATION
    • CHALLENGES
      • LOW RATE OF RETURNS
      • LACK OF SKILLED PERSONNEL
  1. MARKET SEGMENTATION
    • BY SOLUTIONS
      • ENTERPRISE ASSET MANAGEMENT
      • NETWORK MONITORING
      • ADVANCED PRESSURE MANAGEMENT
      • SCADA SYSTEMS FOR WATER AND WASTEWATER
      • RESIDENTIAL WATER EFFICIENCY
      • SMART IRRIGATION MANAGEMENT
      • ADVANCED ANALYTICS
      • METER DATA MANAGEMENT (MDM)
    • BY SERVICES
      • PROFESSIONAL SERVICES
        • SYSTEM INTEGRATION AND DEPLOYMENT SERVICES
        • SUPPORT AND MAINTENANCE SERVICES
        • CONSULTING SERVICES
        • DEMAND RESPONSE SERVICES
      • MANAGED SERVICES
    • BY ADVANCED WATER METER
      • METER TYPE
        • AMR
        • AMI
      • METER READ TECHNOLOGY
  1. KEY ANALYTICS
    • PORTER’S 5 FORCE ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE PRODUCTS
      • BARGAINING POWER OF BUYER
      • BARGAINING POWER OF SUPPLIER
      • INTENSITY OF COMPETITIVE RIVALRY
    • VALUE CHAIN ANALYSIS
      • RAW MATERIAL SUPPLIERS
      • MANUFACTURING FACILITY
      • DISTRIBUTORS/NATIONAL SALES COMPANY
    • KEY BUYING CRITERIA
      • PRICE
      • SCALABILITY
      • SUITABILITY OF THE SOLUTION
    • INVESTMENT OUTLOOK
      • REGIONAL OUTLOOK
      • SOLUTIONS OUTLOOK
    • VENDOR LANDSCAPE
    • OPPORTUNITY MATRIX
  2. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • FRANCE
      • GERMANY
      • SPAIN
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • JAPAN
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • ROW
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
      • XYLEM INC.
      • ITRON
      • HONEYWELL INC.,
      • ARAD LTD.
      • SIEMENS AG
    • TOP WINNING STRATEGIES
    • COMPANY PROFILES
      • ABB LTD
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVE
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • AMERICAN WATER COMPANY
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • ARAD TECHNOLOGIES LTD.
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • BELKIN CORPORATION
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • GENERAL ELECTRIC COMPANY (GE WATER CORPORATION)
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVE
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • HONEYWELL INTERNATIONAL, INC. (HOLDING COMPANY OF ELSTER GROUP SE)
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • HUAWEI TECHNOLOGIES
        • OVERVIEW
        • PRODUCT ANALYSIS
        • STRATEGIC INITIATIVE
        • SCOT ANALYSIS
        • STRATEGIC INITIATIVE
      • IBM
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • ITRON, INC
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVE
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • LANDIS GYR
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • SCHNEIDER ELECTRIC SE
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVE
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • SIEMENS AG
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • TAKADU
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS
      • UTILITY SYSTEMS
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • STRATEGIC ANALYSIS
        • STRATEGIC ANALYSIS
      • XYLEM INC.
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVE
        • SCOT ANALYSIS
        • STRATEGIC ANALYSIS

 

LIST OF TABLES 

TABLE 1 GLOBAL SMART WATER MANAGEMENT MARKET BY GEOGRAPHY 2017-2026 ($ MILLION)

TABLE 2 GLOBAL SMART WATER MANAGEMENT MARKET BY SOLUTIONS 2017-2026 ($ MILLION)

TABLE 3 GLOBAL ENTERPRISE ASSET MANAGEMENT (EAM) FOR WATER AND WASTEWATER UTILITIES MARKET BY GEOGRAPHY 2017-2026 ($MILLION)

TABLE 4 GLOBAL NETWORK MONITORING MARKET BY GEOGRAPHY 2017-2026 ($MILLION)

TABLE 5 GLOBAL ADVANCED PRESSURE MANAGEMENT MARKET BY GEOGRAPHY 2017-2026 ($MILLION)

TABLE 6 GLOBAL SCADA SYSTEMS FOR WATER AND WASTE WATER MARKET BY GEOGRAPHY 2017-2026 ($ MILLION)

TABLE 7 GLOBAL RESIDENTIAL WATER EFFICIENCY MARKET BY GEOGRAPHY 2017-2026 ($MILLION)

TABLE 8 GLOBAL SMART IRRIGATION MANAGEMENT MARKET BY GEOGRAPHY 2017-2026 ($ MILLION)

TABLE 9 GLOBAL ADVANCED ANALYTICS MARKET BY GEOGRAPHY 2017-2026 ($MILLION)

TABLE 10 GLOBAL METER DATA MANAGEMENT (MDM) FOR WATER MARKET BY GEOGRAPHY 2017-2026 ($MILLION)

TABLE 11 GLOBAL SMART WATER MANAGEMENT MARKET BY SERVICE 2017-2026 ($ MILLION)

TABLE 12 GLOBAL PROFESSIONAL SERVICES MARKET BY GEOGRAPHY 2017-2026 ($ MILLION)

TABLE 13 GLOBAL PROFESSIONAL SERVICES MARKET BY TYPE 2017-2026 ($ MILLION)

TABLE 14 GLOBAL MANAGED SERVICES MARKET BY GEOGRAPHY 2017-2026 ($ MILLION)

TABLE 15 GLOBAL SMART WATER MANAGEMENT MARKET BY ADVANCED WATER METER 2017-2026 ($ MILLION)

TABLE 16 GLOBAL METER TYPE MARKET BY GEOGRAPHY 2017-2026 ($ MILLION)

TABLE 17 GLOBAL METER TYPE MARKET BY TYPE 2017-2026 ($ MILLION)

TABLE 18 VARIOUS ADVANTAGES OF AMR SYSTEMS

TABLE 19 GLOBAL METER READ TECHNOLOGY MARKET BY GEOGRAPHY 2017-2026 ($ MILLION)

TABLE 20 GLOBAL SMART WATER MANAGEMENT MARKET BY GEOGRAPHY 2017-2026 ($ MILLION)

TABLE 21 NORTH AMERICA SMART WATER MANAGEMENT MARKET BY COUNTRY 2017-2026 ($ MILLION)

TABLE 22 EUROPE SMART WATER MANAGEMENT MARKET BY COUNTRY 2017-2026 ($ MILLION)

TABLE 23 ASIA PACIFIC SMART WATER MANAGEMENT MARKET BY COUNTRY 2017-2026 ($ MILLION)

TABLE 24 ROW SMART WATER MANAGEMENT MARKET BY COUNTRY 2017-2026 ($ MILLION)

LIST OF FIGURE

FIGURE 1 GLOBAL SMART WATER MANAGEMENT MARKET BY SOLUTIONS 2017-2026 ($ MILLION)

FIGURE 2 NORTH AMERICA SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 3 GLOBAL SCADA MARKET 2017-2026 ($ MILLION)

FIGURE 4 INDIA SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 5 CHINA SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 6 GLOBAL SMART IRRIGATION MANAGEMENT SYSTEMS MARKET 2017-2026 ($ MILLION)

FIGURE 7 EVOLUTION OF SMART WATER MANAGEMENT MARKET

FIGURE 8 GLOBAL ENTERPRISE ASSET MANAGEMENT (EAM) FOR WATER AND WASTEWATER UTILITIES MARKET 2017-2026 ($ MILLION)

FIGURE 9 GLOBAL NETWORK MONITORING MARKET 2017-2026 ($ MILLION)

FIGURE 10 GLOBAL ADVANCED PRESSURE MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 11 GLOBAL SCADA SYSTEMS FOR WATER AND WASTE WATER MARKET 2017-2026 ($ MILLION)

FIGURE 12 GLOBAL RESIDENTIAL WATER EFFICIENCY MARKET 2017-2026 ($ MILLION)

FIGURE 13 GLOBAL SMART IRRIGATION MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 14 GLOBAL ADVANCED ANALYTICS MARKET 2017-2026 ($ MILLION)

FIGURE 15 GLOBAL METER DATA MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 16 GLOBAL PROFESSIONAL SERVICES MARKET 2017-2026 ($ MILLION)

FIGURE 17 GLOBAL SYSTEM INTEGRATION AND DEPLOYMENT SERVICES MARKET 2017-2026 ($ MILLION)

FIGURE 18 GLOBAL SUPPORT AND MAINTENANCE SERVICES MARKET 2017-2026 ($ MILLION)

FIGURE 19 GLOBAL CONSULTING SERVICES MARKET 2017-2026 ($ MILLION)

FIGURE 20 GLOBAL DEMAND AND RESPONSE SERVICES MARKET 2017-2026 ($ MILLION)

FIGURE 21 GLOBAL MANAGED SERVICES MARKET 2017-2026 ($ MILLION)

FIGURE 22 GLOBAL METER TYPE MARKET 2017-2026 ($ MILLION)

FIGURE 23 GLOBAL AMR MARKET 2017-2026 ($ MILLION)

FIGURE 24 GLOBAL AMI MARKET 2017-2026 ($ MILLION)

FIGURE 25 GLOBAL METER READ TECHNOLOGY MARKET 2017-2026 ($ MILLION)

FIGURE 26 INVESTMENT PROPOSITION FOR GLOBAL SMART WATER MANAGEMENT MARKET BY REGION – 2016

FIGURE 27 INVESTMENT OPPORTUNITY IN SOLUTION SEGMENT 2017-2026 ($ MILLION)

FIGURE 28 UNITED STATES SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 29 CANADA SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 30 UNITED KINGDOM SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 31 FRANCE SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 32 GERMANY SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 33 SPAIN SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 34 REST OF EUROPE SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 35 CHINA SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 36 INDIA SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 37 JAPAN SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 38 AUSTRALIA SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 39 REST OF ASIA PACIFIC SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 40 LATIN AMERICA SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 41 MIDDLE EAST & AFRICA SMART WATER MANAGEMENT MARKET 2017-2026 ($ MILLION)

FIGURE 42 GLOBAL SMART WATER MANAGEMENT MARKET SHARE BY COMPANIES – 2016

  1. MARKET SEGMENTATION
    • BY SOLUTIONS
      • ENTERPRISE ASSET MANAGEMENT
      • NETWORK MONITORING
      • ADVANCED PRESSURE MANAGEMENT
      • SCADA SYSTEMS FOR WATER AND WASTE WATER
      • RESIDENTIAL WATER EFFICIENCY
      • SMART IRRIGATION MANAGEMENT
      • ADVANCED ANALYTICS
      • METER DATA MANAGEMENT (MDM)
    • BY SERVICES
      • PROFESSIONAL SERVICES
        • SYSTEM INTEGRATION AND DEPLOYMENT SERVICES
        • SUPPORT AND MAINTENANCE SERVICES
        • CONSULTING SERVICES
        • DEMAND RESPONSE SERVICES
      • MANAGED SERVICES
    • BY ADVANCED WATER METER
      • METER TYPE
        • AMR
        • AMI
      • METER READ TECHNOLOGY
  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • FRANCE
      • GERMANY
      • SPAIN
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • JAPAN
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • ROW
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

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