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NRW Smart Leak Management Market Size (2024 - 2029)

The NRW Smart Leak Management Market is projected to experience significant growth over the forecast period, driven by the increasing demand for water in industrial and domestic sectors. This growth is underscored by the expanding gap between water availability and needs, highlighting the critical issue of water losses in urban distribution systems. The adoption of advanced technologies, such as artificial intelligence and smart utility networks, is becoming essential for utility providers to enhance leakage prevention and management. These technological investments are crucial for improving customer service and operational efficiency, thereby addressing the challenges posed by water scarcity and system inefficiencies.

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Market Size of NRW Smart Leak Management Industry

Non-Revenue Water (NRW) Leak Management market overview
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

Non-Revenue Water (NRW) Leak Management market top 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 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.

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NRW Smart Leak Management Market Size Summary

The NRW Smart Leak Management Market is poised for significant growth, driven by the increasing global demand for water and the pressing need to address water losses in urban distribution systems. As water demand continues to rise, the gap between availability and needs widens, highlighting the critical importance of efficient water management solutions. The market is witnessing a surge in the adoption of advanced technologies, such as artificial intelligence and smart utility networks, which enable remote monitoring and management of water systems. These innovations are crucial for enhancing customer service and ensuring worker safety by minimizing direct interactions. The integration of non-invasive technologies, including aerial imagery, pressure sensors, and acoustic sensors, is further enhancing leak detection and management capabilities, thereby reducing non-revenue water and improving overall system efficiency.

The Asia-Pacific region is at the forefront of this market expansion, driven by rapid urbanization, climate change, and the need to modernize aging water infrastructure. The region is seeing the introduction of new leak detection technologies, with partnerships and collaborations aimed at reducing water losses in countries like Australia, New Zealand, and China. Major players in the non-revenue water market, such as Honeywell International Inc., ABB Ltd, and Suez Group, are investing in innovative solutions to combat water wastage. These companies are leveraging advanced sensor technologies and strategic partnerships to enhance leak detection and management processes. The market's growth is further supported by initiatives like the NRW Reduction Co-management Program, which has gained international recognition for its positive impact on water distribution efficiency and economic benefits.

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NRW Smart Leak Management Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Consumers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Intensity of Competitive Rivalry

      5. 1.2.5 Threat of Substitute Products

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Assessment of the Impact of COVID-19 on the Market

    5. 1.5 Market Drivers

      1. 1.5.1 Growing Need to Manage the Increasing Global Demand for Water

      2. 1.5.2 Increasing Demand to Reduce Non-revenue Water Losses

    6. 1.6 Market Challenges

      1. 1.6.1 Lack of Capital Investments to Install Infrastructure

  2. 2. MARKET SEGMENTATION

    1. 2.1 Solution

      1. 2.1.1 Software and Data Analytics Platform

        1. 2.1.1.1 Leak Detection Services

        2. 2.1.1.2 Leak Detection Technologies

          1. 2.1.1.2.1 Non-invasive Technology

            1. 2.1.1.2.1.1 Aerial Imagery

            2. 2.1.1.2.1.2 Pressure Sensors

            3. 2.1.1.2.1.3 Acoustic Sensors

          2. 2.1.1.2.2 Invasive Technology

            1. 2.1.1.2.2.1 Focused Electrode Leak Location

            2. 2.1.1.2.2.2 Tethered Single or Multi Sensor Process

            3. 2.1.1.2.2.3 Tracer Gas

    2. 2.2 Geography

      1. 2.2.1 North America

      2. 2.2.2 Europe

      3. 2.2.3 Asia-Pacific

      4. 2.2.4 Latin America

      5. 2.2.5 Middle-East and Africa

NRW Smart Leak Management Market Size FAQs

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.

In 2024, the NRW Smart Leak Management Market size is expected to reach USD 1.16 billion.

NRW Smart Leak Management Market Report Snapshots

NRW Smart Leak Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)