North America Smart Water Management Market Forecast 2017-2026
KEY FINDINGS The North America smart water management market dominated the global scene in 2016 by generating a revenue of $3333 million. The market is expected to continue its winning streak and rise with a CAGR of 20.05% over the forecast period of 2017-2026, raising the highest revenue share of $ 19794 million by the end of 2026.
MARKET INSIGHTS Smart water management finds a major application in the construction industry of the North American region, wherein it is used to set up strong infrastructure. These systems are also being implemented for irrigation and sewage system of the cities as well as for management of wastewater systems for various purposes such as sanitation and irrigation. U.S and Canada are the primary markets for the North American region. Both these countries are being driven by strong government support and the substantial investments being made for improving the water-infrastructure.
COMPETITIVE INSIGHTS Belkin Corporation, Siemens Ag, American Water Company, IBM, ABB Ltd, Huawei Technologies, Itron Inc, Utility Systems, Schneider Electric Se, General Electric Company (Ge Water Corporation), Honeywell International, Inc. (Holding Company Of Elster Group Se), Arad Technologies Ltd, Xylem Inc, Takadu Ltd, and Landis Gyr are few of the leading companies in this market.