Christy Publications Smart Water Management Market | Page 2

North America led the smart water management market and is expected to exhibit a CAGR of
19.3% during the forecast period (2017-2025) to reach US$ 14.05 billion by 2025. Rising demand
for sustainable energy solution along with stringent government regulations propelling the demand
for smart water management market in the region. Safe Drinking Water Act (SDWA), Clean Water
Act (CWA) and regulations on waste water discharge are forcing companies to examine their
manufacturing processes. In addition to this, municipal and other facilities in the U.S. need to obtain
permits under National Pollutant Discharge Elimination System (NPDES) permit program, if their
discharge goes directly to surface water. Europe is the second largest market after North America in
the smart water management due to healthy economy and advancement in technology. Asia Pacific
is the fastest growing market in the smart water management due to development in smart city
projects.
Among the advanced water meters, Advanced Metering Infrastructure (AMI) dominating due to
operational benefits such as energy theft detection, meter reading accuracy and response to power
outages, along with financial and security benefits.
Supervisory Control and Data Acquisition (SCADA) dominated in the smart water management
solutions segment. SCADA program is specifically designed to provide a real time historian data
base, remote alerting functionality, alarm management, notification and optimization along with an
open integration platform and a powerful HMI (Human Machine Interface). In open integration
platform multiple SCADA systems, information can be organized and unified and HMI provides
real time situation awareness, graphical visualization and alarm management on a centralized
remote control room or on mobile devices such as smartphone or tablet.
North America led the smart water management market in 2016 and is expected to retain market
dominance throughout the forecast period. Advancements in technology such as satellite remote
sensing, and web-enable sensors and communication networks in water management and stringent
government regulations such as Safe Drinking Water Act (SDWA), Clean Water Act (CWA) and
regulations regarding the wastewater management are factor boosting growth of smart water
management market in this region, with region accounting for 32.80% share in 2016.
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Major Players in the Smart Water Management Market:
Some of the major players in the Smart Water Management Market are General Electric, ABB
Group, Itron, Schneider Electric, International Business Machines (IBM) Corporation, Sensus,
Elster Group Se, and Seimens Ag.
Detailed Segmentation:
•Global Smart Water Management Market, By Advanced Water Meters:
•By Water Read Technology
•Cellular Network
•Fixed Network
•By Meter Type
•AMI Meters
•AMR Meters