How large is the water management systems market, and what is its growth trajectory?
The water management systems market size has grown rapidly in recent years. It will grow from $15.21 billion in 2024 to $17.28 billion in 2025 at a compound annual growth rate (CAGR) of 13.6%. The growth in the historic period can be attributed to growing awareness about water scarcity, industrialization and expansion of manufacturing sectors, concerns over water pollution and contamination, shift towards decentralized water management systems, and climate change impacts such as droughts and floods.
The water management systems market size is expected to see rapid growth in the next few years. It will grow to $28.54 billion in 2029 at a compound annual growth rate (CAGR) of 13.4%. The growth in the forecast period can be attributed to continued urbanization and industrialization, adoption of smart water management technologies, IoT solutions for improved efficiency, rising investments in water recycling, and expansion of agriculture and irrigation activities. Major trends in the forecast period include decentralized water treatment, sustainable infrastructure development, integrated water resource management, circular economy initiatives, and climate resilience strategies.
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What are the key forces behind the water management systems market’s growth in recent years?
Growing industrialization is expected to propel the growth of the water management systems market going forward. Industrialization refers to the process of transforming an economy from primarily rural and handicraft-based to one dominated by industry, manufacturing, and mechanized production methods. Growing industrialization is due to technological advancements, government initiatives supporting industrial growth, globalization, and increasing demand for manufactured goods. The growing industrialization trend creates a significant opportunity for water management systems providers as industries seek solutions to address water-related challenges, enhance operational efficiency, and achieve sustainable growth in the face of increasing water scarcity and environmental pressures. For instance, in July 2023, according to the Office for National Statistics, a UK-based government department, the total value of UK manufacturers’ product sales was £429.8 billion ($518.3 billion) in 2022, an increase of £28.4 billion ($34.2 billion) (7%) from £401.5 billion ($484.1 billion) in 2021. Therefore, growing industrialization is driving the growth of the water management systems market.
What are the major segments of the water management systems market?
The water management systems market covered in this report is segmented –
1) By Offering: Hardware, Software, Services
2) By Application: Water Management, Leak Detection, Water Quality And Quantity Monitoring, Other Applications
3) By End User: Residential, Industrial, Commercial
Subsegments:
1) By Hardware: Sensors And Meters, Pumps And Valves, Controllers And Actuators, Water Treatment Equipment
2) By Software: Water Quality Monitoring Software, Leak Detection Software, SCADA (Supervisory Control And Data Acquisition) Systems, Data Analytics And Reporting Software
3) By Services: Consulting Services, Installation And Maintenance Services, Managed Services, System Integration Services
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Which companies dominate the water management systems market?
Major companies operating in the water management systems market are Siemens Water Technologies LLC, General Electric Company, International Business Machines Corporation, Veolia Environnment S.A., Asea Brown Boveri Ltd., Schlumberger Limited, Emerson Electric Co., Xylem Inc., Aker Solutions ASA, Pentair plc, Tetra Tech Inc., Kurita Water Industries Ltd., Horiba Ltd., Evoqua Water Technologies Inc., Landis+Gyr, Northumbrian Water Group Limited, Aclara Technologies, ACWA Power International, Aqualia Infraestructuras S.A., Kamstrup, Schneider Electric SE, Aquatech International LLC, CETCO, Nijhuis Industries B.V., Alderley plc, Eco Tec Inc.
What major trends will shape the water management systems market during the forecast period?
Major companies operating in the water management systems market are focusing on developing innovative solutions, such as next-generation water management solutions, to strengthen their position in the market. A next-generation water management solution typically refers to an advanced system or approach that leverages technology, data analytics, and innovation to improve water resource management’s efficiency, sustainability, and resilience. For instance, in March 2023, WINT Water Intelligence, a US-based provider of AI-based water management technologies, launched its new WINT3 platform to enhance its water management capabilities. The platform uses artificial intelligence to detect and stop leaks at the source, reducing water waste and damage to buildings and construction sites. The system includes automated leak mitigation with real-time detection and auto shutoff, unparalleled anomaly detection and analytics powered by advanced AI algorithms, and enterprise-grade management for operation in large and mid-sized facilities.
What are the key regional dynamics of the water management systems market, and which region leads in market share?
North America was the largest region in the market in water management systems 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the water management systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Water Management Systems Market Report 2025 Offer?
The water management systems market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Water management systems refer to the infrastructure, technologies, and practices implemented to monitor, control, and optimize water resource usage, distribution, and treatment. They are used to monitor water usage, control distribution networks, optimize resource allocation, treat water for various purposes, and detect leaks within the infrastructure.
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