Plugging the Leaks: The Business of Repair

April 6, 2011 at 5:55 am 1 comment

Lux Research have published a new report. In it they put the value of the water infrastructure inspection and repair market at $ 20 Bn annually, growing at a healthy clip of 10% a year.

“Outdated water infrastructure and record high government deficits are both fueling demand for low-cost inspection and repair solutions – namely software and sensor technologies that can provide a snapshot of a utility’s entire infrastructure,” said Brent Giles, a Lux Research Senior Analyst and the report’s lead author. “Without this holistic view, utilities cannot prioritize the most critical repairs – and may end up throwing money down the drain to address the leaks that are visible today rather than the ones that could prove catastrophic tomorrow.”

What’s interesting about the report is that Lux say that although the market is big and growing, the result of an infrastructure deficit and aging pipes, the underlying problem the market is set to solve – water loss – won’t be resolved without technology innovation.

While Lux commends both Smart Metering and Pipe Repair Technologies, it comments that the big move that would make a lasting change in the management of water networks is Smart Infrastructure Monitoring options.

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Entry filed under: Cleantech, Smart Water Grid, Uncategorized. Tags: , , , , , , , , , .

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