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Smart Water Management Market

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Transparency <strong>Market</strong><br />

Research<br />

<strong>Smart</strong> <strong>Water</strong> <strong>Management</strong> <strong>Market</strong> - Global Industry<br />

Analysis, Size, Share, Growth, Trends, and Forecast 2013 –<br />

2019<br />

Published Date<br />

2014-06-26<br />

92 Page Report<br />

Buy Now<br />

Request Sample<br />

Press Release<br />

<strong>Smart</strong> <strong>Water</strong> <strong>Management</strong> <strong>Market</strong> Expected to Reach USD<br />

15,232.6 Million Globally in 2019 : Transparency <strong>Market</strong><br />

Research<br />

Transparency <strong>Market</strong> Research<br />

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90, State Street, Suite 700.<br />

Albany, NY 12207<br />

United States<br />

www.transparencymarketresearch.com<br />

sales@transparencymarketresearch.com


<strong>Smart</strong> <strong>Water</strong> <strong>Management</strong> <strong>Market</strong><br />

REPORT DESCRIPTION<br />

According to a new market report published by Transparency <strong>Market</strong> Research<br />

(www.transparencymarketresearch.com) “<strong>Smart</strong> <strong>Water</strong> <strong>Management</strong> <strong>Market</strong> (Component Types - Hardware,<br />

Solutions, Services; Meter Read Technology - Fixed network, Cellular network) - Global Industry Analysis,<br />

Size, Share, Growth, Trends, and Forecast, 2013 - 2019,” the global smart water management market was<br />

worth USD 4,813.3 million in 2012 and is expected to reach USD 15,232.6 million by 2019, growing at a<br />

CAGR of 17.7% from 2013 to 2019. North America was the largest market for smart water management in<br />

2012. Growth in this region is expected to be driven by increasing investment by water utilities in smart<br />

water technologies and growing focus on smart irrigation and minimizing non revenue water over the<br />

forecast period. In addition, strict environmental standards mandated by water regulatory bodies across<br />

the globe, is expected to drive the market in near future.<br />

The smart water management (SWM) market is driven by various factors such as aging water<br />

infrastructure, lack of water management in urban areas and need to reduce non revenue water (NRW).<br />

Enforcement of government regulations across the globe regarding deployment of smart water<br />

technologies is also expected to drive the market. However, apprehension of water utilities towards<br />

adoption of cloud services and high cost of installation of advanced metering infrastructure (AMI) are some<br />

of the factors inhibiting the growth of this market.<br />

The three main component segments in the SWM market are hardware, solutions and services. Hardware<br />

segment was the largest in 2012 and accounted for 40.1% revenue share of the global SMW market, and is<br />

expected to dominate throughout the forecast period. However, solutions segment is expected to grow at<br />

a faster rate due to growing demand for various advanced software such as Hymer (Orbicon), ReadCenter<br />

AnalyticsPro and ReadCenter Analytics+, and Intelligent Operations Center (IOC) software (IBM) among<br />

others.<br />

Browse <strong>Market</strong> Research report at<br />

http://www.transparencymarketresearch.com/smart-water-management.html<br />

North America was the largest revenue generator in 2012 and accounted for 47.5% revenue share of the<br />

global SWM market. Dominance of the region is due to increase in investment in SMW technologies in<br />

order to minimize water loss and reduce the amount of non-revenue water (NRW) by various water utilities<br />

in North America. Asia Pacific is expected to show fastest growth during the forecast period at a CAGR of<br />

23.7% from 2013 to 2019. The growth in this region is attributed to greater rainfall variability or global<br />

warming, the aging of facilities installed during the era of rapid economic growth, and the need for safe<br />

and palatable water along with rich water environments across countries namely, Japan, China, and India<br />

among others.<br />

The global SWM market is fragmented in nature with a large number of local players across different<br />

geographies. In 2012, majority of the market i.e. 67.1% share was held by local and regional players<br />

offering solutions and services for smart water management. Itron Inc. was the global market leader in<br />

Transparency <strong>Market</strong> Research<br />

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<strong>Smart</strong> <strong>Water</strong> <strong>Management</strong> <strong>Market</strong><br />

2012. Other players in the market include Arad Metering Technologies, ABB Ltd., Sensus USA Inc.,<br />

Schneider Electric SA, I2O <strong>Water</strong> Ltd., General Electric Company, and TaKaDu Ltd.<br />

Global smart water management market segmentation:<br />

<strong>Smart</strong> water management market analysis, by component<br />

Hardware<br />

AMR<br />

AMI<br />

Others<br />

Solutions<br />

Services<br />

<strong>Smart</strong> water management market analysis, by meter read technology<br />

Fixed Technology<br />

Cellular Technology<br />

<strong>Smart</strong> water management market, by geography<br />

North America<br />

Europe<br />

Asia-Pacific<br />

RoW (Rest of the World)<br />

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About Us<br />

Transparency <strong>Market</strong> Research<br />

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<strong>Smart</strong> <strong>Water</strong> <strong>Management</strong> <strong>Market</strong><br />

Transparency <strong>Market</strong> Research is a market intelligence company providing global business information<br />

reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking<br />

insight for thousands of decision makers.<br />

We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use<br />

proprietary data sources and various tools and techniques to gather, and analyze information. Our<br />

business offerings represent the latest and the most reliable information indispensable for businesses to<br />

sustain a competitive edge.<br />

Contact<br />

Transparency <strong>Market</strong> Research<br />

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Albany<br />

NY - 12207<br />

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Email: sales@transparencymarketresearch.com<br />

Website: http://www.transparencymarketresearch.com/<br />

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