Smart water management is defined as a process of collecting, sharing and analyzing data from water equipment and networks. The system is useful in locating leaks in reservoirs, lowering energy use, and predicting equipment failure. The depletion of water resources has brought up awareness among the people for proper management to reserve water. A number of organizations have started the usage of smart water management systems in order to reduce water shortages and improve operations. The demand for smart water management has been growing in the recent past due to factors such as water scarceness, water pollutions, and insufficient water supplies across the globe. The introduction of smart meters which use two-way communications for monitoring and controlling water flow has fueled the market for smart water management. These advanced meters also feature properties such as pressure control, security, and quality sensors to meet the needs for clean and sanitized water. However, the lack of knowledge in order to increase efficiency can pose a threat to the growth of the market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/smart-water-management-market
The smart water management market has been segmented on the basis of product and applications. The market has been further sub-segmented to hardware and software. Hardware includes automated meter reading (AMR) meters, advanced meter infrastructure (AMI) meters, and other network meters. AMI meters are anticipated to have considerable share in the market during the forecast period attributed to its features such as accurate meter readings, energy voltage detection and reaction to power outgas, financial, and security. Additionally, the utilization of AMI meters allows users to control electricity consumptions, costs, and bills. On the basis of application, the market has been categorized into residential, commercial, and industrial.
full report of Smart Water Management Market available @ https://www.omrglobal.com/industry-reports/smart-water-management-market
- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Smart Water Management Market – Segmentation
By Product
- Hardware
- Software and Services
By Application
- Residential
- Commercial
- Industrial
Global Smart Water Management Market- by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/smart-water-management-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
