INDUSTRY OVERVIEW
The Smart Water Grid market is experiencing robust growth, projected to achieve a compound annual growth rate CAGR of 10.50% during the forecast period. Valued at 7Billion, the market is expected to reach 17Billion by 2030, with a year-on-year growth rate of 11.00%. This upward trajectory is driven by factors such as evolving consumer preferences, technological advancements, and increased investment in innovation, positioning the market for significant expansion in the coming years. Companies should strategically focus on enhancing their offerings and exploring new market opportunities to capitalize on this growth potential.
Smart Water Grid Market Size in (USD Billion) CAGR Growth Rate 10.50%
Study Period |
2019-2030 |
Market Size (2023): |
7Billion |
Market Size (2030): |
17Billion |
CAGR (2023 - 2030): |
10.50% |
Fastest Growing Region |
North America |
Dominating Region |
Europe |
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Smart water grids integrate advanced technologies like sensors, IoT, and real-time data analytics into water distribution systems to improve efficiency, reduce wastage, and manage water resources sustainably.
Regulatory Framework
The Information and Communications Technology (ICT) industry is primarily regulated by the Federal Communications Commission (FCC) in the United States, along with other national and international regulatory bodies. The FCC oversees the allocation of spectrum, ensures compliance with telecommunications laws, and fosters fair competition within the sector. It also establishes guidelines for data privacy, cybersecurity, and service accessibility, which are crucial for maintaining industry standards and protecting consumer interests.
Globally, various regulatory agencies, such as the European Telecommunications Standards Institute (ETSI) and the International Telecommunication Union (ITU), play significant roles in standardizing practices and facilitating international cooperation. These bodies work together to create a cohesive regulatory framework that addresses emerging technologies, cross-border data flow, and infrastructure development. Their regulations aim to ensure the ICT industry's growth is both innovative and compliant with global standards, promoting a secure and competitive market environment.
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Key Highlights
• The Smart Water Grid is growing at a CAGR of 10.50% during the forecasted period of 2019 to 2030
• Year on Year growth for the market is 11.00%
• Based on type, the market is bifurcated into Metering systems, Sensors, Data analytics, Control systems
• Based on application, the market is segmented into Water utilities, Agriculture, Smart homes, Industrial use, Urban infrastructure
• Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Market Segmentation Analysis
Segmentation by Type
- Metering systems
- Sensors
- Data analytics
- Control systems
Smart Water Grid Market Segmentation by Type
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Segmentation by Application
- Water utilities
- Agriculture
- Smart homes
- Industrial use
- Urban infrastructure
Smart Water Grid Market Segmentation by Application
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Key Players
Several key players in the Smart Water Grid market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 11.00%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
- Siemens
- ABB
- Itron
- Badger Meter
- Honeywell
- Schneider Electric
- Aclara
- Xylem
- Landis+Gyr
- Mueller
- GE
- Sensus
- Trimble
- IDEX
Smart Water Grid Market Segmentation by Players
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Research Methodology
At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.
Market Dynamics
Market dynamics refer to the forces that influence the supply and demand of products and services within a market. These forces include factors such as consumer preferences, technological advancements, regulatory changes, economic conditions, and competitive actions. Understanding market dynamics is crucial for businesses as it helps them anticipate changes, identify opportunities, and mitigate risks.
By analyzing market dynamics, companies can better understand market trends, predict potential shifts, and develop strategic responses. This analysis enables businesses to align their product offerings, pricing strategies, and marketing efforts with evolving market conditions, ultimately leading to more informed decision-making and a stronger competitive position in the marketplace.
Market Driver
- Opportunities In Smart City Development
- Water Conservation Solutions
Market Trend
- Integration of IoT
- cloud computing
- AI-powered analytics
Opportunity
- Opportunities In Smart City Development
- Water Conservation Solutions
Challenge
- High Initial Investment
- Complexity In Integration With Existing Infrastructure
Regional Outlook
The Europe Region holds the largest market share in 2023 and is expected to grow at a good CAGR. The North America Region is the fastest-growing region due to increasing development and disposable income.
North America remains a leader, driven by innovation hubs like Silicon Valley and a strong demand for advanced technologies such as AI and cloud computing. Europe is characterized by robust regulatory frameworks and significant investments in digital transformation across sectors. Asia-Pacific is experiencing rapid growth, led by major markets like China and India, where increasing digital adoption and governmental initiatives are propelling ICT advancements.
The Middle East and Africa are witnessing steady expansion, driven by infrastructure development and growing internet penetration. Latin America and South America present emerging opportunities, with rising investments in digital infrastructure, though challenges like economic instability can impact growth. These regional differences highlight the need for tailored strategies in the global ICT market.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
North America

Dominating Region
Europe

Report Features
|
Details
|
Base Year
|
2023
|
Based Year Market Size (2023)
|
7Billion
|
Historical Period Market Size (2019)
|
5.5Billion
|
CAGR (2023 to 2030)
|
10.50%
|
Forecast Period
|
2025 to 2030
|
Forecasted Period Market Size (2030)
|
17Billion
|
Scope of the Report
|
Metering systems, Sensors, Data analytics, Control systems, Water utilities, Agriculture, Smart homes, Industrial use, Urban infrastructure
|
Regions Covered
|
North America, Europe, Asia Pacific, South America, and MEA
|
Year on Year Growth
|
11.00%
|
Companies Covered
|
Siemens, ABB, Itron, Badger Meter, Honeywell, Schneider Electric, Aclara, Xylem, Landis+Gyr, Mueller, GE, Sensus, Trimble, IDEX
|
Customization Scope
|
15% Free Customization (For EG)
|
Delivery Format
|
PDF and Excel through Email
|
Smart Water Grid - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Smart Water Grid Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Smart Water Grid Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Smart Water Grid Market Business Environment & Changing Dynamics
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3.1 Growth Drivers
- 3.1.1 Opportunities in smart city development
- 3.1.2 water conservation solutions
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3.2 Available Opportunities
- 3.2.1 Opportunities in smart city development
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3.3 Influencing Trends
- 3.3.1 Integration of IoT
- 3.3.2 cloud computing
- 3.3.3 AI
-
3.4 Challenges
- 3.4.1 High initial investment
- 3.4.2 complexity in
- 3.5 Regional Dynamics
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Chapter 4 : Global Smart Water Grid Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Smart Water Grid Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Smart Water Grid : Competition Benchmarking & Performance Evaluation
- 5.1 Global Smart Water Grid Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Smart Water Grid Revenue 2023
- 5.3 BCG Matrix
- 5.3 Market Entropy
- 5.4 Strategic Group Analysis
- 5.5 5C’s Analysis
Chapter 6: Global Smart Water Grid Market: Company Profiles
- 6.1 Siemens
- 6.1.1 Siemens Company Overview
- 6.1.2 Siemens Product/Service Portfolio & Specifications
- 6.1.3 Siemens Key Financial Metrics
- 6.1.4 Siemens SWOT Analysis
- 6.1.5 Siemens Development Activities
- 6.2 ABB
- 6.3 Itron
- 6.4 Badger Meter
- 6.5 Honeywell
- 6.6 Schneider Electric
- 6.7 Aclara
- 6.8 Xylem
- 6.9 Landis+Gyr
- 6.10 Mueller
- 6.11 GE
- 6.12 Sensus
- 6.13 Trimble
- 6.14 IDEX
- 6.15 Kamstrup
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Chapter 7 : Global Smart Water Grid by Type & Application (2019-2030)
-
7.1 Global Smart Water Grid Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Metering Systems
- 7.1.2 Sensors
- 7.1.3 Data Analytics
- 7.1.4 Control Systems
- 7.1.5 Network Management Software
-
7.2 Global Smart Water Grid Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Water Utilities
- 7.2.2 Agriculture
- 7.2.3 Smart Homes
- 7.2.4 Industrial Use
- 7.2.5 Urban Infrastructure
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7.3 Global Smart Water Grid Market Revenue Analysis (USD Million) by Type (2023-2030)
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7.4 Global Smart Water Grid Market Revenue Analysis (USD Million) by Application (2023-2030)
Chapter 8 : North America Smart Water Grid Market Breakdown by Country, Type & Application
- 8.1 North America Smart Water Grid Market by Country (USD Million) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Smart Water Grid Market by Type (USD Million) [2019-2023]
- 8.2.1 Metering Systems
- 8.2.2 Sensors
- 8.2.3 Data Analytics
- 8.2.4 Control Systems
- 8.2.5 Network Management Software
-
8.3 North America Smart Water Grid Market by Application (USD Million) [2019-2023]
- 8.3.1 Water Utilities
- 8.3.2 Agriculture
- 8.3.3 Smart Homes
- 8.3.4 Industrial Use
- 8.3.5 Urban Infrastructure
- 8.4 North America Smart Water Grid Market by Country (USD Million) [2024-2030]
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8.5 North America Smart Water Grid Market by Type (USD Million) [2024-2030]
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8.6 North America Smart Water Grid Market by Application (USD Million) [2024-2030]
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Chapter 9 : LATAM Smart Water Grid Market Breakdown by Country, Type & Application
- 9.1 LATAM Smart Water Grid Market by Country (USD Million) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Smart Water Grid Market by Type (USD Million) [2019-2023]
- 9.2.1 Metering Systems
- 9.2.2 Sensors
- 9.2.3 Data Analytics
- 9.2.4 Control Systems
- 9.2.5 Network Management Software
-
9.3 LATAM Smart Water Grid Market by Application (USD Million) [2019-2023]
- 9.3.1 Water Utilities
- 9.3.2 Agriculture
- 9.3.3 Smart Homes
- 9.3.4 Industrial Use
- 9.3.5 Urban Infrastructure
- 9.4 LATAM Smart Water Grid Market by Country (USD Million) [2024-2030]
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9.5 LATAM Smart Water Grid Market by Type (USD Million) [2024-2030]
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9.6 LATAM Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 10 : West Europe Smart Water Grid Market Breakdown by Country, Type & Application
- 10.1 West Europe Smart Water Grid Market by Country (USD Million) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Smart Water Grid Market by Type (USD Million) [2019-2023]
- 10.2.1 Metering Systems
- 10.2.2 Sensors
- 10.2.3 Data Analytics
- 10.2.4 Control Systems
- 10.2.5 Network Management Software
-
10.3 West Europe Smart Water Grid Market by Application (USD Million) [2019-2023]
- 10.3.1 Water Utilities
- 10.3.2 Agriculture
- 10.3.3 Smart Homes
- 10.3.4 Industrial Use
- 10.3.5 Urban Infrastructure
- 10.4 West Europe Smart Water Grid Market by Country (USD Million) [2024-2030]
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10.5 West Europe Smart Water Grid Market by Type (USD Million) [2024-2030]
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10.6 West Europe Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 11 : Central & Eastern Europe Smart Water Grid Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Smart Water Grid Market by Country (USD Million) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Smart Water Grid Market by Type (USD Million) [2019-2023]
- 11.2.1 Metering Systems
- 11.2.2 Sensors
- 11.2.3 Data Analytics
- 11.2.4 Control Systems
- 11.2.5 Network Management Software
-
11.3 Central & Eastern Europe Smart Water Grid Market by Application (USD Million) [2019-2023]
- 11.3.1 Water Utilities
- 11.3.2 Agriculture
- 11.3.3 Smart Homes
- 11.3.4 Industrial Use
- 11.3.5 Urban Infrastructure
- 11.4 Central & Eastern Europe Smart Water Grid Market by Country (USD Million) [2024-2030]
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11.5 Central & Eastern Europe Smart Water Grid Market by Type (USD Million) [2024-2030]
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11.6 Central & Eastern Europe Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 12 : Northern Europe Smart Water Grid Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Smart Water Grid Market by Country (USD Million) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Smart Water Grid Market by Type (USD Million) [2019-2023]
- 12.2.1 Metering Systems
- 12.2.2 Sensors
- 12.2.3 Data Analytics
- 12.2.4 Control Systems
- 12.2.5 Network Management Software
-
12.3 Northern Europe Smart Water Grid Market by Application (USD Million) [2019-2023]
- 12.3.1 Water Utilities
- 12.3.2 Agriculture
- 12.3.3 Smart Homes
- 12.3.4 Industrial Use
- 12.3.5 Urban Infrastructure
- 12.4 Northern Europe Smart Water Grid Market by Country (USD Million) [2024-2030]
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12.5 Northern Europe Smart Water Grid Market by Type (USD Million) [2024-2030]
-
12.6 Northern Europe Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 13 : Southern Europe Smart Water Grid Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Smart Water Grid Market by Country (USD Million) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
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13.2 Southern Europe Smart Water Grid Market by Type (USD Million) [2019-2023]
- 13.2.1 Metering Systems
- 13.2.2 Sensors
- 13.2.3 Data Analytics
- 13.2.4 Control Systems
- 13.2.5 Network Management Software
-
13.3 Southern Europe Smart Water Grid Market by Application (USD Million) [2019-2023]
- 13.3.1 Water Utilities
- 13.3.2 Agriculture
- 13.3.3 Smart Homes
- 13.3.4 Industrial Use
- 13.3.5 Urban Infrastructure
- 13.4 Southern Europe Smart Water Grid Market by Country (USD Million) [2024-2030]
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13.5 Southern Europe Smart Water Grid Market by Type (USD Million) [2024-2030]
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13.6 Southern Europe Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 14 : East Asia Smart Water Grid Market Breakdown by Country, Type & Application
- 14.1 East Asia Smart Water Grid Market by Country (USD Million) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Smart Water Grid Market by Type (USD Million) [2019-2023]
- 14.2.1 Metering Systems
- 14.2.2 Sensors
- 14.2.3 Data Analytics
- 14.2.4 Control Systems
- 14.2.5 Network Management Software
-
14.3 East Asia Smart Water Grid Market by Application (USD Million) [2019-2023]
- 14.3.1 Water Utilities
- 14.3.2 Agriculture
- 14.3.3 Smart Homes
- 14.3.4 Industrial Use
- 14.3.5 Urban Infrastructure
- 14.4 East Asia Smart Water Grid Market by Country (USD Million) [2024-2030]
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14.5 East Asia Smart Water Grid Market by Type (USD Million) [2024-2030]
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14.6 East Asia Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 15 : Southeast Asia Smart Water Grid Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Smart Water Grid Market by Country (USD Million) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
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15.2 Southeast Asia Smart Water Grid Market by Type (USD Million) [2019-2023]
- 15.2.1 Metering Systems
- 15.2.2 Sensors
- 15.2.3 Data Analytics
- 15.2.4 Control Systems
- 15.2.5 Network Management Software
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15.3 Southeast Asia Smart Water Grid Market by Application (USD Million) [2019-2023]
- 15.3.1 Water Utilities
- 15.3.2 Agriculture
- 15.3.3 Smart Homes
- 15.3.4 Industrial Use
- 15.3.5 Urban Infrastructure
- 15.4 Southeast Asia Smart Water Grid Market by Country (USD Million) [2024-2030]
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15.5 Southeast Asia Smart Water Grid Market by Type (USD Million) [2024-2030]
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15.6 Southeast Asia Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 16 : South Asia Smart Water Grid Market Breakdown by Country, Type & Application
- 16.1 South Asia Smart Water Grid Market by Country (USD Million) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
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16.2 South Asia Smart Water Grid Market by Type (USD Million) [2019-2023]
- 16.2.1 Metering Systems
- 16.2.2 Sensors
- 16.2.3 Data Analytics
- 16.2.4 Control Systems
- 16.2.5 Network Management Software
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16.3 South Asia Smart Water Grid Market by Application (USD Million) [2019-2023]
- 16.3.1 Water Utilities
- 16.3.2 Agriculture
- 16.3.3 Smart Homes
- 16.3.4 Industrial Use
- 16.3.5 Urban Infrastructure
- 16.4 South Asia Smart Water Grid Market by Country (USD Million) [2024-2030]
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16.5 South Asia Smart Water Grid Market by Type (USD Million) [2024-2030]
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16.6 South Asia Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 17 : Central Asia Smart Water Grid Market Breakdown by Country, Type & Application
- 17.1 Central Asia Smart Water Grid Market by Country (USD Million) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
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17.2 Central Asia Smart Water Grid Market by Type (USD Million) [2019-2023]
- 17.2.1 Metering Systems
- 17.2.2 Sensors
- 17.2.3 Data Analytics
- 17.2.4 Control Systems
- 17.2.5 Network Management Software
-
17.3 Central Asia Smart Water Grid Market by Application (USD Million) [2019-2023]
- 17.3.1 Water Utilities
- 17.3.2 Agriculture
- 17.3.3 Smart Homes
- 17.3.4 Industrial Use
- 17.3.5 Urban Infrastructure
- 17.4 Central Asia Smart Water Grid Market by Country (USD Million) [2024-2030]
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17.5 Central Asia Smart Water Grid Market by Type (USD Million) [2024-2030]
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17.6 Central Asia Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 18 : Oceania Smart Water Grid Market Breakdown by Country, Type & Application
- 18.1 Oceania Smart Water Grid Market by Country (USD Million) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
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18.2 Oceania Smart Water Grid Market by Type (USD Million) [2019-2023]
- 18.2.1 Metering Systems
- 18.2.2 Sensors
- 18.2.3 Data Analytics
- 18.2.4 Control Systems
- 18.2.5 Network Management Software
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18.3 Oceania Smart Water Grid Market by Application (USD Million) [2019-2023]
- 18.3.1 Water Utilities
- 18.3.2 Agriculture
- 18.3.3 Smart Homes
- 18.3.4 Industrial Use
- 18.3.5 Urban Infrastructure
- 18.4 Oceania Smart Water Grid Market by Country (USD Million) [2024-2030]
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18.5 Oceania Smart Water Grid Market by Type (USD Million) [2024-2030]
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18.6 Oceania Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 19 : MEA Smart Water Grid Market Breakdown by Country, Type & Application
- 19.1 MEA Smart Water Grid Market by Country (USD Million) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
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19.2 MEA Smart Water Grid Market by Type (USD Million) [2019-2023]
- 19.2.1 Metering Systems
- 19.2.2 Sensors
- 19.2.3 Data Analytics
- 19.2.4 Control Systems
- 19.2.5 Network Management Software
-
19.3 MEA Smart Water Grid Market by Application (USD Million) [2019-2023]
- 19.3.1 Water Utilities
- 19.3.2 Agriculture
- 19.3.3 Smart Homes
- 19.3.4 Industrial Use
- 19.3.5 Urban Infrastructure
- 19.4 MEA Smart Water Grid Market by Country (USD Million) [2024-2030]
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19.5 MEA Smart Water Grid Market by Type (USD Million) [2024-2030]
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19.6 MEA Smart Water Grid Market by Application (USD Million) [2024-2030]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer