Techno World Smart-Water-Management-Market | Page 2

Key Trends and Analysis of Smart Water Management Market:
On the basis of solution, SCADA Systems for Water and Wastewater Utilities segment held a
dominant position in the global smart water management market. Supervisory Control and Data
Acquisition (SCADA) for water and wastewater system is the emerging software technology which
provides monitoring and distribution and collation and treatment facilities. Furthermore, it
supervises the operations and manages the information generated throughout the water
management process.
Key Takeaways of the Market:
North America led the smart water management market and is expected to lead the market and
valued at US$ 2.90 billion in 2016 and the region is projected to witness a CAGR of 19.3% in
terms of revenue during the forecast period. Demand for sustainable energy management
solutions such as Canadian Industry Program for Energy Conservation (CIPEC), which in involved
in energy management capabilities in the companies, along with government regulations is the
major reason promoting growth of smart water management market in North America.
Europe is a second largest market for smart water management. Major driver propelling the
growth in this region is the EU directives on energy end use and energy services on the
implementation of smart metering. Along with the high adoption of the technology such as
advancement in water mapping and weather forecasting technology such as geographical
information system (GIS) and satellite communication system, helps in analyzing environmental
problems, identifying fresh water resources and building models for water management.
European Space Agency provides the web-based interface for accessing and searching the data,
satellite imagery, remote sensing and application, and services.
Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-
pdf/805
Asia Pacific is the fastest growing market for smart water management market. Increasing
privatization of industries such as waste water management industries and stringent government
regulation, many countries in Asia Pacific are implementing the advanced water management
technologies. Along with the development of smart cities projects in China and India, boosting
demand for smart water management systems in the region. According to China-Britain Business
Council (CBBC), there were 285 smart pilot cities as well as 41 special pilot projects that
commenced in 2015.
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 Siemens Ag.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-
ready syndicated research reports, custom market analysis, consulting services, and competitive