Water Usage Analysis Shows Leaks Go Undetected for 45 Days, on Average

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by | Mar 21, 2019

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The water crisis is one of the top global risks the world is facing. But as the complexity of managing water use has increased, so has the sophistication of tools and technology available to help – and the adoption of those tools is on the rise. With data-driven water technology, facility managers can detect water usage anomalies in real time, potentially identifying and stopping leaks before incurring significant water loss. Banyan Water, a provider of water management software, conducted a leak-detection analysis for 2018 and found that, on average, leaks will go undetected for more than 45 days without leak-detection software.

The average leak size measured by Banyan equated to about five gallons per minute. The smaller the leak, the less likely it is that it will be detected, prolonging its wasteful effects on a company’s water bill, operational costs and overall profitability. Overall, Banyan Water says, companies using its detection, alerting and auto-shut-off system saved a total of 197 million gallons of water that would have otherwise been wasted in 2018.

When companies “blindly” pay their bills each month, they may be unaware that they are dumping hundreds of gallons down the drain, says Peter Carlson, CTO of HydroPoint. “Smart water technology gives you the data and information you need to use as little water as possible to accomplish everything you desire in the most efficient way,” he says. Smart technology upgrades can often be achieved with most systems in under two years; some upgrades can pay for themselves in merely a matter of days when leaks occur, Carlson says. 

The market for smart water management systems is expected to grow at a CAGR of 18.5%, reaching $31.6 billion by 2024, up from $9.6 billion in 2017, according to recent data from Zion Market Research.Increasing scarcity of water coupled with rising demand for water conservation across the world is expected to drive the smart water management market growth over the forecast period. Water losses through dilapidated pipes and infrastructure, dripping faucets and running toilets, and other leaks represent $2.6 billion in lost revenue for US water utilities each year, according to the EPA (via the Washington Post).

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