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| Market size in 2024 | US$ 2.87 billion |
Forecast Market size by 2030 | US$ 4.56 billion |
|---|---|---|---|
| Growth Rate | CAGR of 8.0% | Number of Pages | 112 Pages |
The global Smart Water Network Monitoring market size was valued at US$ 2.87 billion in 2024 and is projected to reach US$ 4.56 billion by 2030, at a CAGR of 8.0% during the forecast period 2024-2030.
The United States Smart Water Network Monitoring market size was valued at US$ 762 million in 2024 and is projected to reach US$ 1.15 billion by 2030, at a CAGR of 7.1% during the forecast period 2024-2030.
Advanced systems using sensors, data analytics, and communication technologies to monitor and manage water distribution networks, detecting leaks, quality issues, and consumption patterns in real-time.
The global Smart Water Network Monitoring market is experiencing robust growth, driven by increasing water scarcity concerns, aging infrastructure in developed countries, and the need for efficient water management. Key players include Xylem Inc., Sensus (Xylem), and Itron. The market benefits from advancements in IoT and AI technologies enhancing monitoring capabilities.
In 2024, leak detection systems accounted for 42% of the market, with water quality monitoring showing the fastest growth at 9.5% CAGR. The industry is seeing innovation in predictive maintenance solutions, reducing operational costs by up to 20%.
There's growing demand for cloud-based platforms for data analytics and visualization, now used in 65% of new implementations. Manufacturers are developing low-power, long-range communication solutions for remote areas, commanding a 25% price premium. The market is benefiting from government initiatives to reduce non-revenue water. Challenges include high initial implementation costs and cybersecurity concerns. The US market is driven by the need to upgrade aging water infrastructure, with an average annual investment of $120 million in smart water technologies by major utilities.
Report Overview
A Smart Water Network is the collection of data-driven components helping to operate the data-less physical layer of pipes, pumps, reservoirs and valves.
This report provides a deep insight into the global Smart Water Network Monitoring market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Smart Water Network Monitoring Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Smart Water Network Monitoring market in any manner.
Global Smart Water Network Monitoring Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Smart Water Network Monitoring Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Smart Water Network Monitoring Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 2.87 billion |
| Forecast Market size by 2030 | US$ 4.56 billion |
| Growth Rate | CAGR of 8.0% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 112 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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