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(CityRegions.Com, February 11, 2025 ) Global Smart Water Grid Market Overview (2025-2032) The Global Smart Water Grid Market is projected to grow from US$ 29.41 billion in 2024 to US$ 49.15 billion by 2032, at a CAGR of 6.63%. Increasing adoption of IoT, AI, and cloud-based technologies is driving real-time water monitoring, leak detection, and automated billing systems. Government initiatives for sustainable water management and smart city projects are further accelerating market growth.
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Market Dynamics 📌 Sustainability & Efficiency in Smart Water Grid Rising concerns over water scarcity are pushing utilities and municipalities to adopt smart water management solutions. Integration of cloud-based analytics, IoT, and big data enhances efficiency, reduces operational costs, and improves leak detection. 📌 Technological Advancements Driving Market Growth Geographic Information Systems (GIS), Supervisory Control and Data Acquisition (SCADA), and AI-based analytics are optimizing water distribution and supply management. AI-powered predictive maintenance is reducing infrastructure downtime and operational inefficiencies. 📌 Regulatory and Policy Challenges GDPR and data security regulations create complexities in smart meter deployment and data privacy compliance. Varying regional policies across different countries delay standardization and full-scale implementation of smart water grids.
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Market Segmentation ✔ By Component Hardware Smart meters, sensors, valves Software Cloud-based analytics, GIS, SCADA systems Services Maintenance, monitoring, predictive analytics ✔ By Technology Smart Infrastructure IoT-enabled sensor networks & leak detection systems Control & Automation AI-driven demand forecasting & water pressure optimization ICT & Analytical Software GIS-based analytics & cloud computing solutions ✔ By Application Residential Smart water meters & automated billing systems Commercial Industrial water recycling & treatment Industrial AI-driven predictive maintenance & real-time monitoring
Regional Insights 🌍 North America Leading Market Early adoption of AMI & AMR smart water solutions. High investment in smart water infrastructure to reduce non-revenue water (NRW). Example: U.S. AMI smart water metering expected to grow by 28% in 2024. 🌏 Asia-Pacific Fastest-Growing Region Rapid urbanization and government-led smart city projects. High demand for smart meters in China, India, and Japan. Example: Indias IoT-based water management initiative for urban water conservation.
Competitive Landscape & Key Players IBM Corporation Siemens AG Xylem Inc. Schneider Electric SE Honeywell International Inc. ABB Group Itron Inc. Badger Meter, Inc. Aclara Technologies LLC Trimble Inc.
📌 Industry Updates: Siemens Smart Infrastructure (2024) Launched grid sensor solutions for real-time water monitoring. Xylem & Idrica (2024) Introduced AI-powered leak detection, reducing non-revenue water losses by 2%. Genus Power (2024) Shipped smart ultrasonic water meters to Australia, expanding global water management solutions. ________________________________________ Why Purchase This Report? ✔ Detailed market segmentation & key trends ✔ Competitive intelligence & emerging players ✔ Comprehensive regional & regulatory analysis ✔ 203-page report with 62 tables & 53 figures
DataM Intelligence
Sai Kiran
+1 877 441 4866
Sai.k@datamintelligence.com
Source: EmailWire.Com
Source: EmailWire.com
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