The China smart water management market is estimated to grow at a CAGR of 13.4% during the forecast period.  China is one of the major countries that are significantly facing water scarcity concerns. As per the World Bank, despite being the world’s second-largest economy and being home to 21% of the global population, China has only 6% of the world’s freshwater resources. As a result, the Chinese government is adopting water management strategies to overcome the concerns of water scarcity in the country. For instance, a memorandum of understanding (MoU) between the Swiss Federal Department of the Environment, Transport, Energy and Communications (DETEC), and the Ministry of Water Resources of the People’s Republic of China (MWRC) was signed.

Furthermore, Imagine H2O, a global water innovation accelerator has introduced its inaugural China Initiative in 2018. It offers entrepreneurs with the insight, visibility and resources to introduce and scale water solutions. Imagine H2O empowers people to develop and deploy innovation to solve water challenges across the globe. Rising demand for smart cities is offering significant opportunity for the growth of china smart water management market. For instance, according to the German Asia-Pacific Business Association, the Chinese government is pushing the development of smart cities counting around 500 pilot projects already. The development of innovative smart city projects in China involves some key factors, such as digital integration, new and sustainable mobility solutions, distributed energy generation, and automated waste management.

Furthermore, the Chinese smartphone producers and telecommunication vendors have collaborated for the smart city program. For instance, Huawei Technologies Co., Ltd. has been joined by Chinese technology leaders, such as Alibaba Group Holding Ltd. and Ping an Insurance (Group) Company of China, Ltd. and Tencent Holdings, Ltd. for smart city projects. The key player’s active in the market includes Huizhong Instrumentation Co.,Ltd., Huawei Technologies Co. Ltd., ABB, LTD., SUNTRONT TECH CO., LTD., TOSHIBA INFRASTRUCTURE SYSTEMS & SOLUTIONS CORP., SUEZ Group, Schneider Electric SE, Honeywell International, Inc., Hitachi, Ltd. and Itron, Inc.

Research Methodology

The market study of the China Smart Water Management market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for the electronic industry, ICT (Information and Communication Technology) and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. China   Smart Water Management Market Research and Analysis by Product

2. China   Smart Water Management Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the China Smart Water Management market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the China Smart Water Management market.
• Insights about market determinants which are stimulating the China Smart Water Management market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.