Telemetry For Water Networks Market Is Witnessing Robust Growth As Lindsay Corporation Acquires Fieldnet To Provide Its Telemetry Solution For Water Networks

 

Telemetry For Water Networks Market

Telemetry for Water Networks (TNWN) has been one of the most promising technologies developed to help monitor the quality and integrity of water pipes. It works by collecting data about pipe conditions and sending them through a network of data collectors. This data is then processed by an expert team to identify potential problems and suggest maintenance or preventive maintenance procedures. Considering the regional impact, developed countries such as the U.S. have shown the most promising signs interims of adoption of telemetry systems for water networks. This is typically due to the fact that major players such as Eureka Water Probes, Xylem Inc., Water Technologies, and Silver Bullet Water Treatment Company are situated in the U.S. Furthermore, Europe is another region, which is witnessing high growth in the telemetry for water networks market due to increasing installation of telemetry systems.

Centralized process in water management system has become an imperative operation. Water management bodies are lying emphasis on centralizing services to reduce the long-term cost and enhance the overall efficiency of the water distribution network. Since the water recycling and distribution network operates at different locations, it is challenging as well as expensive water management bodies to manage different sites without a centralized unit. Such challenges have necessitated the adoption of telemetry where it can provide real-time data so that actions can be taken centrally from remote locations. Recently, in February 2020, Yorkshire Water awarded a UK£ 6 million (US$ 8.2 million) contract for telemetry real-time services to Aqua Consultants and Larsen and Toubro Infotech Ltd. Such factors can augment growth of the telemetry for the water networks market.

There are many benefits of using a telemetry network. A primary benefit is the ability to quickly identify problem areas with minimal loss of valuable data. In the case of pipes, this would translate to significant savings in terms of repair costs and potential revenue. Another advantage of having a network of pipes professionally inspected is the assurance that your water is safe to drink. A TNWN system will alert you to potential damage without the loss of evidence such as leaks or broken pipes. Despite having numerous advantages, the initial cost for the installation of a telemetry system is significantly high. Although it provides long-term cost-saving, the initial cost remains strikingly high. Besides, the cost includes various equipment, software, and sensors, which leads to major expenses. Such factors can impede growth of the telemetry for the water networks market.

One of the major advantages of telemetry is that it uses a combination of various sensing devices and software to monitor the processes or systems. The software system is used to communicate between the sensing devices and human operators. Besides, these software systems do not require skilled personnel and thus, they can be used by field technicians. Over the years, telemetry software has become far more sophisticated and accurate, which could potentially stimulate growth of the telemetry for the water networks market.     

Recently, in February 2019, Lindsay Corporation, a U.S.-based provider of irrigation infrastructure, acquired FieldNET, through which FieldNET will provide FieldNET pivot watch, a telemetry solution for water networks.  

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