Urban areas, water
is the most neglected natural resource. Smart water solutions and
services are still struggling for rapid adoption in major part of the
globe owing to lack of regulatory support from the governments in
some regions such as Africa, and Western Asia among others. Aging
water infrastructure especially in developed economies such as the
U.S.A., Canada, and Germany among others is a major driver for
adoption of smart water technology solutions. Aging water
infrastructure results in bursts, pipe leakage, and increased
customer complaints. Water regulatory bodies are mandating stricter
environmental standards related to smart water management which is
another important driver for this market.
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the full Smart Water Management Market Report at
http://www.transparencymarketresearch.com/smart-water-management.html
Smart water
management market is expected to witness substantial growth in the
coming years due to stricter environmental standards mandated by
water regulatory bodies across the globe and need to minimize water
loss and non-revenue water (NRW). Sustainable water management
policies are high on the agenda of various governments across the
world. Adverse effects of climate change such as risk of flooding,
rising sea levels, and longer drought periods have affected the
availability of fresh water resources needed to maintain economic
growth and increasing populations.
The major reason for
growing demand for smart water management in urban area is increasing
urban population. In 1900, about 13% of people lived in cities;
however, this has gone up to over 50% and in 2013 is further expected
to reach nearly 70% by 2050. These issues are compounded by aging
pipe networks in various established cities. In London, for instance,
around 40% of pipes are more than 100 years old. According to a
survey conducted at the District of Columbia Water and Sewer
Authority, the average age of pipes was 76 years with some pipes
having been laid more than a century ago. IBM’s smart water
management system is helping Sonoma County Water Agency (SCWA) meet
California’s goal for all its water agencies to reduce water use by
20% by 2020. The system uses a real time collaboration platform to
help balance environmental, agricultural and other needs in the
Russian river water system allowing SCWA to make dynamic, informed
decisions about resource allocation.
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for sample report
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The report includes
segmentation of smart water management market by component, by meter
read technology, and by geography. Further, it provides current
market size and forecast in terms of revenue for the aforementioned
categories. Cross sectional analysis for component and geography
segments is a part of the scope. Factors influencing and inhibiting
the growth of the market have been analyzed. Porter’s five forces
analysis offers insights on market competition.
Smart water
management is equally important for both developed and developing
nations. At present, the focus is more on adopting meter data
management (MDM), SCADA (supervisory control and data acquisition),
and advanced water meter solutions for water utilities across many
countries. The trend is expected to change from traditional water
management technologies gradually to smart technology solutions such
as advanced pressure management, analytics and distribution network
monitoring. For distribution network, the adoption of cloud-based
solutions which require no capital expenditure from utility’s end
is expected to witness greater grip in the coming years. The use of
smart water management technology solutions across water utilities is
expected to rise globally during the forecast period.
This study includes
profile of key players in the market and the strategies adopted by
them to sustain the competition. Recent developments and barriers of
the market will help emerging players to design their strategies in
an effective manner. The study is expected to help key players
providing smart water systems and solutions formulating and
developing their strategies. The global SWM market is fragmented in
nature with a large number of local players across different
geographies. Majority of the market share was held by local and
regional players offering solutions and services for smart water
management. Other players in the market include Arad Metering
Technologies, Itron Inc., ABB Ltd., Sensus USA Inc., Schneider
Electric SA, I2O Water Ltd., General Electric Company, and TaKaDu
Ltd.
Browse
Press Release
Smart Water
Management Market
http://www.transparencymarketresearch.com/pressrelease/smart-water-management.htm
Global
smart water management market segmentation:
Smart
water management market analysis, by component
- Hardware
- AMR
- AMI
- Others
- Solutions
- Services
Smart
water management market analysis, by meter read technology
- Fixed Technology
- Cellular Technology
In
addition the report provides cross sectional analysis of the market
with respect to the following geographical segments:
- North America
- Europe
- Asia-Pacific
- RoW (Rest of the World)
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All Technology & Media Market Research Reports @
http://www.transparencymarketresearch.com/technology-market-reports-8.html
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