Increasing water scarcity and the necessity for water conservation globally have made smart water management the next big thing. Providers of smart water management solutions are proactively presenting smart water technology that can assist consumers in effectively managing chronic water scarcity.
Manufacturing organisations and chemical-based industries are largely embracing smart water management practises to reduce water wastage and make the most use of their resources. Smart water management technology helps identify network problems, enhances customer water conservation initiatives, and is most frequently used to reduce non-revenue water losses brought on by deteriorating infrastructure.
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Smart Water Management: Drivers and Challenges
The primary market forces for smart water management include advancements in technology, a change in regulatory compliance, and growing public awareness of the sustainable use of energy resources.
Modern technologies, such as smart monitoring, an internet of things-based technology, enable real-time analysis of the water treatment system and control of water management.
The increasing adoption of supervisory control and data acquisition solutions is a key factor driving this market. It encourages good judgement and reduces the amount of energy needed to pump water throughout the distribution network. Smart water management also makes use of cutting-edge analytical methods to improve infrastructure and operations.
Smart Water Management: Key Players
Some of the key players of smart water management market are: IBM, ABB Group, General Electric, Honeywell, Schnidler Electric, AVEA, Takadu, Topcon, and Trimble.
In May 2016, IBM created the Intelligent Operations Center (IOC) to improve the efficiency of essential infrastructure and utilities. For intelligent water management, this approach mostly depended on manual intelligence.
In order to create an integrated water quality management system, the Shandong Provincial Water and Waste Water Monitoring Center and Optiqua Technologies Pvt Ltd partnered in July 2016.
The report covers exhaustive analysis on
Smart Water Management Market Segments
- Smart Water Management Market Dynamics
- Historical Actual Market Size, 2014 - 2016
- Smart Water Management Market Size & Forecast 2017 to 2027
- Value Chain
- Smart Water Management Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Smart Water Management Market Drivers and Restraints
Smart Water Management: Segmentation
Segmentation on the basis of meter type:
- Fixed network
- Cellular network
Segmentation on the basis of solutions:
- SCADA system
- Advanced pressure management
- Advanced analytics
- Network monitoring
- Smart irrigation management system
Segmentation on the basis of service:
- Maintenance and support
- Consulting services