The US smart water management market is estimated to grow at a CAGR of 11.5% during the forecast period. The US is the leading smart water management market in the North America region. The country has a huge potential for the growth of the US smart water management market. The US is the largest economy across the globe. The US has recorded significant adoption of smart water meters since 2015. States Government is taking initiatives for the installation of smart water meters. For instance, the Eastern Municipal Water District (EMWD) in Southern California is expected to increase its monthly smart meter installation, with 5,000 AMI units. EMWD also announced to replace 5,000 existing analog water meters to smart water meters. Such initiatives by state governments are significantly contributing to the growth of the market in the US.
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The country’s large smart meter manufacturers namely, Elster, Landis+Gyr, Sensus, and Itron, each received at least $30 million in ARRA funds or matching funds. The funding encouraged utilities and municipalities to start implementing smart metering infrastructure in their communities. The major players in the smart water management include ABB, LTD., Badger Meter, Inc., ET Water Systems, Inc, Itron, Inc., ARAD GROUP, Belkin Corp., Honeywell International, Inc., Emerson Electric Co., Huawei Technologies, Xylem Inc. and Itron, Inc.
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- 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
Market Segmentation
The US Smart Water Management Market by product
- Hardware
- Automated Meter Reading
- Advanced Meter Infrastructure
- Other Hardware
- Software And Services
The US Smart Water Management Market by Application
- Residential
- Commercial
- Industrial
Company Profiles
- ABB, LTD.
- ARAD GROUP
- Badger Meter, Inc.
- Belkin Corp.
- Emerson Electric Co.
- ET Water Systems, Inc
- Honeywell International, Inc.
- Huawei Technologies
- Itron, Inc.
- Xylem Inc.
The Report Covers
- Comprehensive research methodology of the US Smart Water Management market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US Smart Water Management market.
- Insights about market determinants which are stimulating the US Smart Water Management market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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