Smart water meter base to surpass 153 million by 2022, finds report

Sponsored by


BOULDER, CO, March 18, 2014 -- Smart water networks help reduce non-revenue water losses, increase reliability and improve operational efficiency, and smart water meters are a key component of these networks. However, other monitoring and control technologies are becoming increasingly important for leak detection, pressure management and water quality monitoring. As such, the installed base of advanced and smart water meters is expected reach more than 153 million worldwide by 2022, according to a recent report from Navigant Research.

"Providing an integrated view of all the elements of the water network, smart water networks will enable better management of water and energy resources while improving customer service," said Eric Woods, research director with Navigant Research. "Yet, this transformation will take time, spanning decades rather than just a few years."

Although water is becoming a focal point of many cities' sustainability agendas, capital constraints present a major barrier to the modernization of existing water systems, according to the report. Replacing aging water infrastructure in established cities is expensive and disruptive, and building new reservoirs is even more challenging. Smart meters present a relatively low-cost opportunity to improve the performance and the economics of the overall water system.

The report, "Smart Water Networks," examines the evolution of the smart water networks market, with a particular focus on drinking water systems. It provides an analysis of the drivers and barriers for the transformation of the water industry, including technological, financial, environmental, and economic factors. Global market forecasts of shipments and revenue related to components of smart water networks, including water meters, smart meters, water network monitoring and control, data management and analytics, and communications infrastructure, extend through 2022. The report also assesses the competitive landscape and various approaches to smart water networks in different world regions and provides case studies of major smart water projects.

See also:

"Global smart water networks market to surpass $3.3B by 2022, finds study"

"Smart water management market worth $12B by 2018, according to report"

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Smart Utilities, Smart Transportation, and Smart Buildings sectors. For more information, vist www.navigantresearch.com.

About Navigant

Navigant is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs. For more information, visit www.navigant.com.

###

Sponsored by

TODAY'S HEADLINES

EPA to assist water utilities in improving resilience to climate change

The Environmental Protection Agency has announced that it will be providing up to $600,000 in training and technical assistance to help water utilities in more than 20 communities across the U.S. bolster their climate change resilience and readiness.

WRF research develops tool to help utilities reduce leakage losses in distribution system

Through recently completed research and development of a new leakage analysis tool, the "Water Audits and Real Loss Component Analysis" project, the Water Research Foundation is helping water utilities better understand and control leakage in a cost-effective manner. 

Local orgs praise EPA for advancing affordability framework for municipal CWA requirements

The EPA released a "Financial Capability Assessment Framework for Municipal Clean Water Act Requirements," which was the result of nearly two years of discussions with representatives of the U.S. Conference of Mayors, National League of Cities and National Association of Counties.

New Zealand farms improve demanding effluent transfers with progressing cavity pump

NOV Mono has provided a Mono progressing cavity pump to replace a number of centrifugal pumps at Castle Glen Farms in the town of Foxton, New Zealand, in an effort to transfer animal effluent over considerable distances.  

FOLLOW US ON SOCIAL MEDIA