To reduce water waste and make optimum use of their resources, manufacturing organisations and chemical-based businesses are primarily adopting smart water management practises.
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.
Smart water management technology aids in the detection of network issues, improves customer water conservation efforts, and is most commonly used to cut down on non-revenue water losses caused by infrastructure deterioration.
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Smart Water Management: Drivers and Challenges
Technology advancement, a shift in regulatory compliance, and rising awareness of the sustainable use of energy resources are the main market drivers for smart water management.
Real-time analysis of the water treatment system and control of water management are accomplished through the use of contemporary technologies, such as smart monitoring, an internet of things-based technology.
Another significant driver propelling this market is the rising use of supervisory control and data acquisition solutions. It promotes sound judgement and lowers the energy cost of pumping water throughout the distribution system. Advanced analytical techniques are also used in smart water management to enhance operations and infrastructure.
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.
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Key Contracts
In order to increase the effectiveness of vital infrastructure and utilities, IBM established the Intelligent Operations Center (IOC) in May 2016. This project largely relied on manual intelligence for smart water management.
The Shandong Provincial Water and Waste Water Monitoring Center and Optiqua Technologies Pvt Ltd entered into a cooperation in July 2016 to build an integrated water quality management system.
The report covers exhaustive analysis on
Smart Water Management Market Segments
Smart Water Management: Segmentation
Segmentation on the basis of meter type:
Segmentation on the basis of solutions:
Segmentation on the basis of service:
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Jan 31, 2023
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