Market Research Report
Europe Smart Water Management Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||584386|
|Published||Content info||142 Pages
Delivery time: 2-3 business days
|Europe Smart Water Management Market Forecast 2019-2027|
|Published: April 8, 2019||Content info: 142 Pages||
The Europe smart water management market is expected to progress with a CAGR growth of 17.60% over the forecast period of 2019-2027. It is expected to contribute the second-highest revenue in the global market by the end of 2027.
The growth of the Europe smart water management market is expected to be influenced by factors like rising number of smart city projects, old or inefficient water infrastructure and the growing necessity to restrict water losses in cities and urban areas. The German market captured the most significant market share in the year 2017. A new law in Germany focuses on supporting the rollout of smart meters across the nation. However, the low-rate of returns and the lack of skilled professionals in the field are restricting the growth of the overall Europe smart water management market.
IBM, Siemens AG, ABB Ltd., Takadu Ltd., Huawei Technologies, Landis+Gyr, Suez Water Technologies & Solutions (Formerly GE Water), Xylem Inc., American Water Company, Itron, Inc., Schneider Electric SE, Arad Technologies Ltd., Belkin Corporation (PYHN), Utility Systems, and Honeywell International, Inc. (Holding Company of Elster Group SE) are some of the well-established players in the market.