Smart Water Management Market: Comprehensive Analysis and Future Estimations 2019 The high operating cost of water management is boosting the demand for smart water management. Other key factors fueling the need for smart water management include growing cost of energy, tightening regulations, financial crunch, and a need for managing cost. Extremely high energy consumption and thus, high cost have been observed at water facilities and this is becoming a concern worldwide, leading to the advent and high adoption of smart water management. Government support is another encouraging factor propelling the growth of this market. The large amount of energy consumed is pushing governments across the globe to implement smart water management solutions. The increasing use of automated meter reading technology is driving the growth prospects of the global smart water management market. Many utilities worldwide are now making use of automated meter reading technology to manage water resources for energy production. Automated meter have helped many countries collect data which is then used for improving customer services apart from helping them to manage high consumption periods. Use of automated smart meters for water management has also helped utilities to mitigate issues relating to non-usage periods. Obtain Report Details @ http://www.transparencymarketresearch.com/smart-water-management.html The need to save water as fresh water is a limited resource is now being felt across the globe and this is increasingly becoming a challenge with the rise in population and heightened use of water by industrial and residential sectors. It is thus driving water regulatory bodies to implement smart water management in utilities so as to manage processes and distribution channel efficiently and optimally. Most importantly, the implementation of these systems helps in detecting any form of theft and leaks. In addition to this, smart water management helps bring about an overall reduction in maintenance and repair costs, minimize the energy required for pumping the water at utilities, and reduces non-revenue water (NRW). The growing need for mapping water resources and ageing water infrastructure are some of the other factors aiding the growth of the global smart water management market. Solution such as supervisory control and data acquisition, advanced
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