The European smart water management market is estimated to grow at a CAGR of 12.9% during the forecast period. In 2018, the European smart water management market was valued at nearly $2.1 billion to reach nearly $4.8 billion in 2025. Europe is a significant contributor to the global smart water management market owing to its stringent government regulations coupled with increasing infrastructures. Europe has a water distribution network of around 2.2 million miles. The large water distribution network in the market has created a huge challenge for the government related to the management of this water distribution network. 

The hefty investments done by the European Union for the improvement of water infrastructure are further anticipated to fuel the market of European smart water management. As per the EU Commission report, In April 2019, EU invested more than $150 million in better potable water and wastewater system in Timis County. Additionally, in 2019, around $82 million of fund will be allocated to Malta, Gozo, and Comino islands to work on the underground tunnel and for the extension of water and wastewater distribution network. Besides, in Digital Single Market for Water Services Action Plan EU Commission, it has laid out a vision for the future of the smart water system across the Europe. This action plan will further support the growth of the European smart water management market.

In November 2017, the EU commission has launched Smart Water for Europe (SW4E) project in Europe. This project includes the demonstration of innovative and smart water network sustainable water supply, reliable quality control, and optimized utilization of energy. The launch of this project will create awareness related to smart water treatment which in turn will fuel the demand for smart water management in Europe. The major player’s active in the European smart water management includes Diehl Stiftung& Co. KG, I2O Water, Ltd., Schneider Electric SE, Sensus, Siemens AG, Elster Group, SUEZ Group, Itron, Inc. and Pentair PLC. 

Research Methodology

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

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

The Report Covers

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