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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As a result of the growing population, it is estimated that demand in UK for water will exceed supply by 10% by 2025. In addition, climate change poses a threat to UK’s flood-prone areas. Smart technology has not been used to its absolute potential to address these challenges and therefore presents opportunities for the market, for instance to provide water utility companies with solutions in the areas of smart leakage detection, smart metering, data analytics, and smart flood risk management. The key players of UK smart water management include I2O WATER, LTD., Pentair PLC, Casperon, Veolia, HONEYWELL INTERNATIONAL, INC., Schneider Electric SE and Siemens AG.
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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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