The US smart water management market is estimated to grow at a CAGR of 11.5% during the forecast period. The US is the leading smart water management market in the North America region. The country has a huge potential for the growth of the US smart water management market. The US is the largest economy across the globe. The US has recorded significant adoption of smart water meters since 2015. States Government is taking initiatives for the installation of smart water meters. For instance, the Eastern Municipal Water District (EMWD) in Southern California is expected to increase its monthly smart meter installation, with 5,000 AMI units. EMWD also announced to replace 5,000 existing analog water meters to smart water meters. Such initiatives by state governments are significantly contributing to the growth of the market in the US. 

Moreover, Government along with IT giants explores new offerings in the development of ‘Smart City’. For instance, The City of San Jose, CA in collaboration with Intel Corporation has announced to implement Intel’s IoT Smart City Demonstration platform in order to further support the City’s Green Vision initiative. Further, water management programs are also supporting the growth of the market. For instance, the American Recovery and Reinvestment Act of 2009 (ARRA), which includes funding for the Smart Grid Investment Grant (SGIG) program provides more than 50% of the $8 billion in the SGIG project which includes the development of advanced metering infrastructure. 

The country’s large smart meter manufacturers namely, Elster, Landis+Gyr, Sensus, and Itron, each received at least $30 million in ARRA funds or matching funds. The funding encouraged utilities and municipalities to start implementing smart metering infrastructure in their communities.  The major players in the smart water management include ABB, LTD., Badger Meter, Inc., ET Water Systems, Inc, Itron, Inc., ARAD GROUP, Belkin Corp., Honeywell International, Inc., Emerson Electric Co., Huawei Technologies, Xylem Inc. and Itron, Inc.

Research Methodology

The market study of the US 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. The US Smart Water Management Market Research and Analysis by Product

2. The US Smart Water Management Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the US 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 US Smart Water Management market.
• Insights about market determinants which are stimulating the US Smart Water Management market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.