Smart Water Management Market

Siemens (Germany) and Schneider Electric (France) are leading players in Smart Water Management Market

The Smart water management market size is expected to grow from USD 16.6 billion in 2023 to USD 28.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.3% during the forecast period. The rising challenge of water scarcity and a growing need for effective water resource management will drive the smart water management market.

The major vendors covered in the innovative water management include Siemens (Germany), IBM (US), ABB (Switzerland), Honeywell Elster (US), Schneider Electric (France), Itron (US), SUEZ ( France), Oracle (US), Landis+Gyr (Switzerland), Trimble Water (US), Xylem (US), Kamstrup (Denmark), HydroPoint (US), i2O (UK), Xenius (India), Neptune Technology (US), TaKaDu  (Israel), Badger Meter (US), AquamatiX (UK), Lishtot (Israel), CityTaps ( France), FREDsense  (Canada), Fracta (US), Smart Energy Water (US), Ayyeka ((US), Ketos (US). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, and collaborations, new product launches to expand their presence in the smart water management market.

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Schneider Electric is a global leader in software solutions for the water industry. The company was founded in 1836 and is headquartered in Rueil-Malmaison, France. The company specializes in power management, process management, security management, industrial software design, simulation and optimization, industrial automation, control and safety systems, and instrumentation. It is in North America, Europe, Africa, and Asia. Schneider Electric helps water utilities with advanced solutions that collect and analyze real-time data for operations, maintenance, billing, and customer service. In the SWM market, it offers EcoStruxure as a service. The EcoStruxure service, it provides waste treatment plants, water treatment plants, water networks, and wastewater networks. Moreover, the company offers a partnership program to improve its global presence, domain expertise, and product and solution knowledge.

Siemens offers electrification, automation, digitalization, innovation, technology, engineering, and manufacturing solutions. In the SWM market, Siemens offers water treatment, wastewater treatment, water supply networks, and water transport solutions with new technologies and a comprehensive service portfolio. To provide these solutions, Siemens offers the PIA Life Cycle Portal for selection, planning, commissioning, and maintenance tools for process instrumentation and data analytics. Siemens also offers the Distributed Control System SIMATIC PCS 7, with components, such as the SIMATIC PCS 7 Operator System, Plant Device Management system for condition monitoring and diagnostics, simulation platform SIMIT for enabling tests of automation applications and providing a realistic training environment for operators, SIWA leak detection and SIWA LeakControl for leak detection, and XHQ Operations Intelligence platform for displaying operating sequences in the water industry in real-time.

Related Reports:

Smart Water Management Market by Water Meter (AMR, AMI), Solution (Enterprise Asset Management, Network Management, Smart Irrigation), Service (Professional, Managed), End User (Residential, Commercial, Industrial) and Region - Global Forecast to 2028

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Smart Water Management Market Size,  Share & Growth Report
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