The pace and scale of water management solutions adoption varies significantly by region and customer sector
A new report from Navigant Research examines the landscape for water management technologies and services in intelligent buildings, including global market forecasts for revenue, through 2025.
Advocates have struggled to drive widespread investment in efficiency technologies and the adoption of intelligent building solutions to address water use. However, as corporate sustainability initiatives and energy efficiency become more important, intelligent building solutions vendors are beginning to showcase more comprehensive tools, including those created especially for water conservation and management. Click to tweet: According to a new report from Navigant Research, global investment in water management solutions is expected to grow from $2.0 billion in 2016 to $2.8 billion in 2025.
“The global outlook on intelligent building water management is just emerging,” says Casey Talon, principal research analyst with Navigant Research. “Energy has been the focus for customers seeking rapid payback and direct bottom line impacts, and this Navigant Research report assesses the key market dynamics that shape the market adoption of water management solutions.”
Currently, investment in three water management segments—software and services, water efficient plumbing, and irrigation management—delivers economic and sustainability benefits, but the pace and scale of adoption varies significantly by region and customer sector. While sustainability is an important driver for early movers in the water management market, the lack of regulation and the imbalance between the real cost versus the price of water present two significant barriers.
The report, Water Management in Intelligent Buildings, explores the opportunities and challenges related to deploying technologies and services for water management in the intelligent building. The study examines the major market dynamics shaping the adoption of water management solutions at the macro level, as well as by customer sector (building type) and region. Global market forecasts for revenue, broken out by customer sector, technology segment, and region, extend through 2025. The report also examines the key technologies related to water management in intelligent buildings, as well as the competitive landscape. An Executive Summary of the report is available for free download on the Navigant Research website.
Contact: Lindsay Lorenz
* The information contained in this press release concerning the report, Water Management in Intelligent Buildings, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.