Global Smart Water Management Market Report 2023-2029: Industry SWOT Analysis, Growth Drivers and Trends

supriya maximize

Aug 21, 2023 • 5 min read

Smart Water Management Market Overview

The latest study from Maximize Market Research, " Smart Water Management Market " 2023-2029, is helpful in understanding the market’s competitors. The study takes a wide and basic look at the market, as well as a look into subjective variables that could give readers valuable business insights. The study includes a market overview that covers the value chain structure, regional analysis, applications, market size, and forecast (2022-2029). The study will be used to get a more accurate assessment of the existing and future state of the global Food Processing Machinery market.

The Smart Water Management Market was estimated to be worth US$ 15.40 billion in 2022 and is anticipated to grow at a CAGR of 9.8% between 2022 and 2029 to reach US$ 29.63 billion.

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Smart Water Management Market Scope and Methodology:

The report provides a comprehensive analysis of market participants in the Smart Water Management market. It provides a detailed analysis of the global, regional, national, and local markets within the Smart Water Management industry. The competitive analysis section highlights major industry players across various regions, offering insights into their revenue, financial standing, portfolio, and technical developments. Segment-wise analysis of the Smart Water Management market is conducted based on specific criteria, examining the factors that favorably and unfavorably impact market growth. By analyzing primary and secondary data sources, the report presents forecasts for market size, growth rate, and current and future trends in the Smart Water Management market. The bottom-up approach is utilized to validate the market size estimation for different segments. The report incorporates both primary and secondary data collection methods.

Qualitative and quantitative research methods are employed, utilizing tools such as SWOT analysis, PESTLE analysis, and Porter’s Five Forces analysis. These analytical tools provide valuable insights into the Smart Water Management market such as growth drivers and restraints. Overall, the report serves as a comprehensive guide for investors, stakeholders, and market followers of the Smart Water Management market, assisting them in making informed decisions.

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Smart Water Management Market Regional Insights

The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis provides the Smart Water Management market status of various countries included in the report. The Smart Water Management market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Smart Water Management Market Segmentation

According to the proposed solution, smart water management SCADA systems are anticipated to have the biggest revenue share in the water and wastewater utility market in 2022. A strong Human Machine Interface (HMI) and an open integration platform are used by SCADA programmers to provide remote alerting, real-time historical databases, alarm management, optimization, and notification. Such attributes are expected to drive segment expansion in the near future for SCADA systems.

In 2022, the professional service category had the biggest market share.The maintenance service includes information analysis on the market, supply, costs, and pricing, It is challenging to find information on cost and TCO models, supplier details, and performance benchmarks. macroeconomic, regional, and other developments all have an impact on price, supply, and other market dynamics.

1. Global Smart Water Management Market, by Advanced Water Meters (2022-2029)
• By Meter Solution
• By Meter Read Service

2. Global Smart Water Management Market, by Solution (2022-2029)
• Enterprise asset management for water and wastewater utilities
• Network monitoring
• Advanced pressure management
• SCADA systems for water and wastewater utilities
• Advanced analytics
• Meter data management (MDM) for water
• Residential water efficiency
• Smart irrigation management systems

3. Global Smart Water Management Market, by Service (2022-2029)
• Professional services
o Maintenance and support
o Deployment and integration
o Consulting services
• Managed services

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Smart Water Management Market Key Players

1. ABB Group
2. General Electric Company
3. IBM Corporation
4. Itron, Inc.
5. Schneider Electric SE
6. Arad Group
7. Elster Group SE
8. Sensus
9. Siemens AG
10. TaKaDu Ltd.
11. Aclara Technologies LLC.
12. Neptune Technology Group
13. Global Water Resources
14. Cambrian Innovation Inc.
15. A.U.G. Signals Ltd.

Table Of Content :

1. Global Smart Water Management Market: Research Methodology

2. Global Smart Water Management Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Smart Water Management Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry

3. Global Smart Water Management Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact

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Important inquiries addressed in the Smart Water Management Market are:

What is Smart Water Management ?
What are the global trends in the Smart Water Management Market?
What was the Smart Water Management Total Market size in 2023?
What is expected Smart Water Management Market size by 2029?
Who held the largest market share in Smart Water Management Market?
Who are the leading companies and what are their portfolios in Smart Water Management Market?
What are the major challenges that the Smart Water Management Industry could face in the future?

COVID-19 Impact Analysis on Smart Water Management Market:

end-user industries utilizing Smart Water Management experienced a drop in growth in several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to operational pauses amid increasing COVID-19 cases and lockdowns. This decline in end-user industry revenues led to a significant decrease in demand for Smart Water Management manufacturers, directly impacting the growth of the Smart Water Management Market in 2023. The global increase in COVID-19 instances contributed to the sharp decline in demand for Smart Water Management products as businesses faced challenging conditions during this period.

Key Offerings:

Past Market Size and Competitive Landscape (2017 to 2022)
Past Pricing and price curve by region (2017 to 2022)
Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2023−2029
Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis

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