Global Smart Home Water Sensor and Controller Market 2018-2022

The smart home water sensor and controller market size will be almost USD 591 billion by 2022.

The smart home water sensor and controller market will grow steadily in the Americas throughout the forecast period. Factors such as rising number of smart home water sensors and controller installations in new and old residential constructions in the US and Canada, contribute significantly to the growth of the global market. These installations reduce water shortages and increase revenue by reducing the amount of non revenue water (NRW).   

“The Americas will generate close to 43% of the incremental growth.”, says a senior market research analyst at Technavio for the food and beverages industry. “The growing focus of the manufacturers on increased innovation and introduction of advanced water sensors and controllers will drive the growth and adoption of these applications globally. These sensor devices also monitor humidity and temperature changes, in addition to water leakage issue.”  

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SAMSUNG and Winland Holdings are among the leading companies in the smart home water sensor and controller market

The smart home water sensor and controller market is moderately fragmented due to the presence of several manufacturers offering advanced and innovative products. In regions such as US and Canada, the rising number of smart home sensor and controller installations in new and old residential constructions will boost the growth of the global market. Due to the need to differentiate their products from their competitors’, companies have already started focusing on introducing new food products in various forms.

This research report provides a detailed analysis of a number of companies in the smart home water sensor and controller including:

• EcoNet Controls
• FIBAR GROUP
• LIXIL Group (GROHE)
• SAMSUNG
• Winland Holdings

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New product launches with innovative features is contributing to the growth of the smart water leak detection market

To cater to the growing need for equipment to reduce water wastage, vendors are introducing smart home water sensors and controllers equipped with advanced features such as easy setup, alarm system, compatible user-friendly application, personalization, Wi-Fi direct connect, operation using the battery, and multi-function. Vendors in the smart water leak detection market are offering equipment that are easy to set up and does not require smart home hub to operate. The water sensor alarm alerts the user and sends notifications on the phone when water flow is detected by connecting to the user’s phone through Wi-Fi. The water leak sensor also detects water leakage, moisture, or water overflow inside the house.   

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