Water Management in Intelligent Buildings
Intelligent buildings represent the culmination of technological advancements that enable system optimization for cost containment, efficiency, sustainability, and occupant satisfaction. Solutions for intelligent buildings have been positioned to promote energy efficiency, but as the market matures, vendors are showcasing benefits that are more comprehensive. One such benefit is water conservation and management, which is a growing issue in commercial buildings. Advocates have long struggled to drive widespread investment in efficiency technologies and the adoption of intelligent building solutions to address water use.
Sustainability is an important driver for early movers in the water management market, as is corporate commitment to intelligent buildings. However, the lack of regulation and the imbalance between the real cost versus the price of water are two barriers to water conservation and management. 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. According to Navigant Research, global investment in water management solutions is expected to grow from $2,007.9 million in 2016 to $2,862.3 million in 2025.
This Navigant Research report 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.
Key Questions Addressed:
- What is driving interest in water management in intelligent buildings?
- What are the biggest hurdles to investment in intelligent building water management?
- What are the benefits of water management in intelligent buildings?
- Which customer sectors can benefit the most from water management in intelligent buildings?
- Which technology segments will see the strongest growth in the intelligent building water management market?
- What solutions are gaining the most traction in the water management space?
View the report summary here.