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Press release content from Business Wire. The AP news staff was not involved in its creation.

Insights on the Smart Water Management Global Market to 2027 - Featuring ABB, General Electric and Siemens Among Others - ResearchAndMarkets.com

September 7, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Sep 7, 2021--

The “Smart Water Management - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Amid the COVID-19 crisis, the global market for Smart Water Management estimated at US$13.9 Billion in the year 2020, is projected to reach a revised size of US$46 Billion by 2027, growing at a CAGR of 18.6% over the period 2020-2027.

Meter Type, one of the segments analyzed in the report, is projected to record 18.3% CAGR and reach US$15.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Meter Read Technology segment is readjusted to a revised 18.8% CAGR for the next 7-year period.

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The U.S. Market is Estimated at $4.1 Billion, While China is Forecast to Grow at 17.9% CAGR

The Smart Water Management market in the U.S. is estimated at US$4.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.9 Billion by the year 2027 trailing a CAGR of 17.9% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.6% and 16.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.7% CAGR.

Select Competitors (Total 42 Featured):

  • ABB Group
  • Arad Group
  • Elster Group GmbH
  • General Electric Company
  • Itron, Inc.
  • Schneider Electric SA
  • Sensus
  • Siemens AG
  • TaKaDu

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/9ny3jd

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KEYWORD:

INDUSTRY KEYWORD: UTILITIES ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 09/07/2021 12:16 PM/DISC: 09/07/2021 12:16 PM

http://www.businesswire.com/news/home/20210907005708/en