The UK smart water management market is estimated to grow at a CAGR of 11.9% during the forecast period. UK smart water management is expected to have significant growth rate due to its planned water management hierarchy, the country ensures to manage the water collected in an organized manner in order to reduce the water wastage efficiently. Thames Water is the largest water and wastewater services provider in UK serving 15 million customers across London and the Thames Valley, every day. As per UK government, it is estimated that in 2020, around 133 million litres of water will be consumed daily by Thames Water customers, while by 2040, that number will rise significantly to 414 million.
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Moreover, the increasing public sector expenditure on water supply offers a substantial growth opportunity to the smart water management market in UK. As per the government of UK the public sector spending on water supply was $646 million in 2015 that increased to $872 million in 2018. Moreover, various companies and government collaborate to provide smart water management solution in UK. For Instance, Sensus Communication Technology provides support to the UK government for its project. The project intended to the installation of smart meters in millions of homes and small businesses in 2020. These types of partnerships propel the growth of the UK smart water management market.
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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
UK Smart Water Management Market by product
- Hardware
- Automated Meter Reading
- Advanced Meter Infrastructure
- Other Hardware
- Software And Services
UK Smart Water Management Market by Application
- Residential
- Commercial
- Industrial
Company Profiles
- Veolia
- Casperon
- I2O WATER, LTD.
- HONEYWELL INTERNATIONAL, INC.
- Emerson Electric Co.
- Diehl Stiftung& Co. KG
- Badger Meter, Inc.
- ABB, Ltd.
- Pentair PLC
- Schneider Electric SE
- Siemens AG
The Report Covers
- Comprehensive research methodology of the UK 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 UK Smart Water Management market.
- Insights about market determinants which are stimulating the UK 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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