NRW Smart Leak Management Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.16 Billion |
| Market Size (2029) | USD 1.88 Billion |
| CAGR (2024 - 2029) | 10.21 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
NRW Smart Leak Management Market Analysis
The NRW Smart Leak Management Market size is estimated at USD 1.16 billion in 2024, and is expected to reach USD 1.88 billion by 2029, growing at a CAGR of 10.21% during the forecast period (2024-2029).
- The global water demand is anticipated to rise continuously at a similar rate until 2050, accounting for an increase of 20%-30% above the current level of water use, primarily due to the rising demand in the industrial and domestic sectors.
- The gap between water availability and water needs increases on the supply side. Still, when considering all urban water distribution systems, water losses may reach a staggering number of 346 million cubic meters per day. This is equivalent to 30% of water system input volumes globally and would be enough to provide water to an additional 2 billion people.
- A smart utility network is one of the most useful technology investments. Utilities with remote monitoring and management seamlessly provide customer service while keeping their workers safe by limiting customer interaction.
- Usage of advanced technologies, including artificial intelligence, is also increasing, as utility providers seek more advanced solutions for leakage prevention. For instance, North WestWater Company, which introduced the United Kingdom's first water sniffer dogs, announced another new trial. In line with this, the United Utilities collaborated with inventors for developing artificial intelligence capable of hunting leaks across its pipe networks.
- Furthermore, FIDO, the cutting-edge AI platform, and in-field device use rapid machine learning to listen and interpret the unique data trail left by leaks. Then, it tracks down the leaks to pinpoint the exact location of a leak.
NRW Smart Leak Management Market Trends
This section covers the major market trends shaping the NRW Smart Leak Management Market according to our research experts:
Non-invasive Technologies to be on Demand
The NRW Reduction Co-management Program is an emblematic operation that received wider recognition from associations of water professionals internationally. It positively impacts communities by reducing the system input volume and granting a much more efficient water distribution within the network. It boosted the billed water volume to 92 MLD in June 2020, bringing substantial economic benefits by increasing the billed water by USD 5.8 million per year to the NWC and Jamaica. The non-invasive technologies mainly include aerial imagery, pressure sensors, and acoustic sensors.
- Due to temperature differences between the natural gas and the local surroundings, aerial imagery identifies natural gas leaks from pipelines. This technology can cover several miles or hundreds of miles of pipeline per day using moving vehicles, helicopters, or portable devices. Liquid leaks in water pipelines can also be detected using similar methods.
- The airborne lidar device can gather high-resolution, long linear ground features and use 3D data to identify any security issues. The sensor-equipped UAV may also be used to monitor the state of pipes, such as irrigated spots with a high risk of corrosion and pipeline heat traces.
- Furthermore, pressure sensors are the most common instrument used to measure water pressure in a pipe network, and they are subject to the same measurement mistakes as any other equipment. Differences between observed and expected data can prove leaks, but due to the probable range of inaccuracies for these devices, there is sometimes doubt in using these results.
- Acoustic sensors are used to detect the water pouring sound from the pipeline rupture, high-pressure fluid escaping from the perforated location, and a pipeline leak that generates elastic waves in the frequency range of up to 1 MHz. The time lag between two sensors' acoustic outputs is used to determine the leaking position.
- Acoustic leak detection is the process of listening for leaks. However, different sorts of leaks make distinct sounds; therefore, one must be skilled in this area. A pinhole leak sprays water at high pressure, making it easier to spot; however, larger leaks, as well as splits, are more difficult to spot because they "feather out" as they spray. It is a century-old method that is insufficient and antiquated in the complicated and huge piping network. The derived principle, however, stays the same.
Asia-Pacific to Witness the Fastest Growth with New Innovations
Technological advancements have led to the development of advanced sensors that help utility companies detect leaks. Utilities in Asia-Pacific have increased due to improved development in the region with a high population, thus, driving the region to innovate new products.
- Asia-Pacific's water networks are getting more complex and extensive. Rapid urbanization, climate change, non-revenue water, underdeveloped, or aging water infrastructure are some issues regional water leaders are addressing.
- The Asia-Pacific region is also witnessing the development and introduction of new leak detection technologies. For instance, in September 2021, Landis+Gyr, an integrated energy management solutions provider for utilities, announced to partner with Iota, the commercial domain of Southeast Water. The partnership aimed at offering a network leak detection sensor to help water utilities in Australia and New Zealand reduce non-revenue losses.
- China's average non-revenue water (NRW) ratio, a key measure of water loss and leakage in the distribution network, is estimated at 20% across the country by the Chinese Waterworks Association and at just 10% for the best-performing utilities.
- Acoustic leak detection is also increasingly being used by utility companies. For instance, in July 2021, Aquarius Spectrum, a water leak detection and pipe condition assessment solution provider, announced to deploy its acoustic monitoring system (AQS-SYS) on Singapore's drinking water supply network. As per the initiative, Aquarius Spectrum will provide 900 hydroponic sensors for the installation on Singapore's large water mains, with diameters ranging from 500 mm to 2,200 mm. These sensors, designed particularly for underground installation, are deployed to perform leak monitoring on approximately 400 km of the water pipeline for the next five years.
- Furthermore, Isle Utilities Asia-Pacific is providing Australian and global water utilities with the expertise required to reduce water leakage and conserve water through its leakage management benchmark. Isle's leakage management benchmark was developed in Australia and adopted by nearly 20 participants worldwide.
NRW Smart Leak Management Industry Overview
The non-revenue water market is fragmented with the presence of major players, such as Honeywell International Inc., ABB Ltd, Suez Group, Itron Inc., and Arad Group. These companies are upscaling the market with investments and innovating new products to reduce the loss of water wastage due to leaks and ruptures in the pipelines.
- February 2021 - Electro Scan Inc., a water sector clean-technology inventor, announced that recent pipeline survey results have shown that the company's unique machine-intelligent tethered-based pipe inspection system locates and quantifies an average of 750 leaks per mile. As a result, the company's Focused Electrode Leak Location (FELL) inspection technology is dubbed the "Most Accurate Leak Detection" solution in the water sector. According to results disclosed separately by suppliers, these results compare to two leaks per mile of pipe from acoustic balls that are not tethered.
- September 2021 - The Dubai Electricity and Water Authority (Dewa) teamed up with the Global Manufacturing and Industrialization Summit (GMIS), to promote the use of sophisticated energy-saving technology and accelerate the sustainable use of water in the industrial sector.
- December 2021 - Suez and Acea partnered for the digitalization of after-service metering systems. The project is considered strategic for both the involved companies, which are among the most important players, at the international level, in the water sector.
NRW Smart Leak Management Market Leaders
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ABB Ltd
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Suez Group
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Honeywell International Inc
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Arad Group
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Itron Inc.
*Disclaimer: Major Players sorted in no particular order
NRW Smart Leak Management Market News
- May 2021 - Honeywell created a portable device that can extract drinking water from the air. Honeywell selected NuMat Technologies and Northwestern University to add additional expertise to its efforts.
- June 2021 - Itron Inc. supported energy savings in Colorado with a grid-interactive water heater program, which provides electricity, water, wastewater, and stormwater services to more than 75,000 customers in the City of Fort Collins, Colorado. The program, which is managed by Itron, enables new distributed energy resource technologies to connect electric resistive and heat-pump water heaters to operate during periods when excess renewable energy is available.
NRW Smart Leak Management Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definitions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitute Products
4.3 Industry Value Chain Analysis
4.4 Assessment of the Impact of COVID-19 on the Market
4.5 Market Drivers
4.5.1 Growing Need to Manage the Increasing Global Demand for Water
4.5.2 Increasing Demand to Reduce Non-revenue Water Losses
4.6 Market Challenges
4.6.1 Lack of Capital Investments to Install Infrastructure
5. MARKET SEGMENTATION
5.1 Solution
5.1.1 Software and Data Analytics Platform
5.1.1.1 Leak Detection Services
5.1.1.2 Leak Detection Technologies
5.1.1.2.1 Non-invasive Technology
5.1.1.2.1.1 Aerial Imagery
5.1.1.2.1.2 Pressure Sensors
5.1.1.2.1.3 Acoustic Sensors
5.1.1.2.2 Invasive Technology
5.1.1.2.2.1 Focused Electrode Leak Location
5.1.1.2.2.2 Tethered Single or Multi Sensor Process
5.1.1.2.2.3 Tracer Gas
5.2 Geography
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 Latin America
5.2.5 Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 ABB Ltd
6.1.2 Suez Group
6.1.3 Honeywell International Inc.
6.1.4 Siemens AG
6.1.5 Hitachi Ltd
6.1.6 Arad Group
6.1.7 TaKaDu Limited
6.1.8 Xylem Inc.
6.1.9 Itron Inc.
6.1.10 i2O Water Ltd
6.1.11 Aquarius Spectrum
6.1.12 Sewerin Technologies
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
NRW Smart Leak Management Industry Segmentation
The non-revenue water loss is water that is lost along the way and does not flow from the water source of the drainage system to point to the end user. NRW can be caused by poor operation and maintenance, lack of active leak management, and poor quality of underground assets due to physical losses from leaks and pipe breakage. The market is segmented by solution (software and data analytics platform, leak detection services, leak detection technologies (non-invasive technologies (aerial imagery, pressure sensors, and acoustic sensors), invasive technologies (focused electrode leak location, tethered single or multiple sensor probes, and tracer gas))) and geography. The study also analyzes the trends of the key players in the industry.
NRW Smart Leak Management Market Research FAQs
How big is the NRW Smart Leak Management Market?
The NRW Smart Leak Management Market size is expected to reach USD 1.16 billion in 2024 and grow at a CAGR of 10.21% to reach USD 1.88 billion by 2029.
What is the current NRW Smart Leak Management Market size?
In 2024, the NRW Smart Leak Management Market size is expected to reach USD 1.16 billion.
Who are the key players in NRW Smart Leak Management Market?
ABB Ltd, Suez Group, Honeywell International Inc, Arad Group and Itron Inc. are the major companies operating in the NRW Smart Leak Management Market.
Which is the fastest growing region in NRW Smart Leak Management Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in NRW Smart Leak Management Market?
In 2024, the North America accounts for the largest market share in NRW Smart Leak Management Market.
What years does this NRW Smart Leak Management Market cover, and what was the market size in 2023?
In 2023, the NRW Smart Leak Management Market size was estimated at USD 1.05 billion. The report covers the NRW Smart Leak Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the NRW Smart Leak Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
NRW Smart Leak Management Industry Report
Statistics for the 2024 NRW Smart Leak Management market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. NRW Smart Leak Management analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
