$1.5+ Billion Growth Opportunities in Global Smart Water Leakage Management Solutions Market, Forecast to 2025 - ResearchAndMarkets.com
17 December 2018
DUBLIN--(BUSINESS WIRE)-- The "Growth Opportunities in Global Smart Water Leakage Management Solutions Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
Global Non-revenue Water (NRW) Losses of about $40 Billion is Driving Growth Opportunities for Smart Water Leakage Management Solutions
Water stress, high production cost, demand for an optimal allocation of water resources, and increased environmental awareness have driven the demand for smart leak detection solutions. Various factors like corrosion, shear stress from the surroundings, and varying internal pressure, physical damage due to external factors cause the pipe to leak. Rehabilitation of the water distribution and transmission networks involves significant cost and is time consuming.
Therefore, a short-term approach to fix leakage by efficiently pinpointing leaks is an optimal and sustainable solution. Fixing leaks in the water pipelines could positively influence the financial viability of the water utility and further help to mitigate water stress and prevent wastage. Archaic mindset, lack of awareness and, in some cases, lack of funds due to heavy dependence on subsidies and grants are some of the factors restraining the growth of the leak detection solutions market.
The revenue of global NRW leak management solutions market will grow from $850.5 million in 2018 to $1,594.3 million by 2025.
Key Issues Addressed
- What is the current market situation and what is the forecast market growth rate?
- What are the factors influencing the growth of the global NRW leak management solutions market and to what extent do they have an impact?
- What factors influence the growth of the regional global NRW leak management solutions market?
- Which ones will have high levels of market activity and which are still at the development stage?
- At a regional level, which countries offer the best growth opportunities?
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What are the innovative technologies currently disrupting the market?
Companies Mentioned
- ABB
- Aganova
- Aquam
- Aquarius Spectrum
- Aquasuite
- Bentley
- Dielectric
- Echologics
- Electro Scan Inc
- FUJI TECOM
- Gutermann
- HWM Global
- Hydrosave
- I20
- Inficon
- Innovyze
- Itron
- Kisters
- Primayer
- Pure Technologies
- Schneider Electric
- sebaKMT
- Sewerin
- Sofrel Lacroix
- Syrinix
- TaKaDu
- Tracer Electronics
- Trimble
- Utilis
- Visenti
- Wrc
- XylemSensus
- Yokogawa
For more information about this report visit https://www.researchandmarkets.com/research/l84pd3/1_5_billion?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181024005443/en/