Europe Smart Water Management Market By Component (Solution, Water Meters, and Services), By End User (Commercial & Industrial and Residential), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Europe Smart Water Management Market would witness market growth of 9.6% CAGR during the forecast period (2021-2027).
The governments and other bodies are rapidly embracing smart water management technologies due to the requirement to manage the efficiency associated with operational issues of water management became crucial because of the worldwide demand. Moreover, the market growth would be accelerated by the massive demand and growth of IoT and smart cities across several locations.
According to the EU Commission, the EU put an investment of above $150 million in innovative potable water and wastewater system in Timis County. In addition, in the year 2019, Malta, Comino, and Gozo were allocated approximately $82 million of investment to work on the underground tunnel and for the implementation of a water and wastewater distribution network.
The Enterprise Asset Management market dominated the Rest of Europe Solution Market by Type 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $96.2 million by 2027. The Smart Irrigation Management market would witness a CAGR of 9.4% during (2021 - 2027).
Based on Component, the market is segmented into Solution, Water Meters, and Services. Based on End User, the market is segmented into Commercial & Industrial and Residential. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Schneider Electric SE, Xylem, Inc. (Sensus), Siemens AG, ABB Group, Itron, Inc., Landis+Gyr Group AG, Honeywell International, Inc., and Badger Meter, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Enterprise Asset Management
- Smart Irrigation Management
- Advanced Pressure Management
- Customer Information System & Billing
- Network Management
- Analytics & Data Management
- Leak Detection
- Water Meters
- Automatic Meter Reading
- Advanced Metering Infrastructure
- Professional Services
- Managed Services
By End User
- Commercial & Industrial
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- Schneider Electric SE
- Xylem, Inc. (Sensus)
- Siemens AG
- ABB Group
- Itron, Inc.
- Landis+Gyr Group AG
- Honeywell International, Inc.
- Badger Meter, Inc.
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