Watts Water Technologies, Inc. Class A Common Stock (WTS)
Competitors to Watts Water Technologies, Inc. Class A Common Stock (WTS)
Honeywell International Inc.
Honeywell operates in a broader range of industries, including building technologies and industrial automation, which puts it in competition with Watts Water Technologies in areas related to water management and control systems. Honeywell leverages its technological advancements and expansive research and development capabilities to provide smart building solutions that integrate water management with smart technology. Although Watts specializes more in water distribution and management products, Honeywell's diversified portfolio and focus on advanced automation give it a competitive advantage in integrating solutions across various systems.
Mueller Water Products, Inc. MWA -4.32%
Mueller Water Products specializes in water infrastructure components, such as valves and hydrants, and competes directly with Watts Water Technologies in the water management space. Both companies focus on the utility and municipal sectors, providing similar products and services. However, Mueller places a strong emphasis on innovation in its product offerings and has invested significantly in technology to improve water management systems. This technology-driven approach gives Mueller a competitive advantage in generating efficiency improvements and enhanced capabilities in their product lines.
Pentair plc PNR -3.41%
Pentair plc offers a wide array of water treatment and filtration products, providing competition to Watts Water Technologies through its focus on residential, commercial, and industrial applications. Both companies provide solutions for optimizing water systems, but Pentair has placed an emphasis on realizing efficiencies through its advanced filtration technologies and sustainable design practices. This commitment toward innovative water treatment and sustainability has allowed Pentair to gain market share, positioning it as a strong competitor against Watts across various sectors.
Xylem Inc. XYL -5.76%
Xylem is a global leader in water technology, focusing on developing and implementing innovative solutions for water and wastewater challenges. While Watts Water Technologies competes in similar markets, Xylem distinguishes itself with a broad portfolio that includes advanced monitoring and network solutions, making it a formidable competitor. The competitive advantage of Xylem stems from its robust R&D and commitment to smart technology integration, helping municipalities and industries enhance their water efficiency and mitigate resource constraints, which often places them ahead of Watts in terms of technological offerings.
Zurn Elkay Water Solutions Corporation ZWS -3.29%
Zurn Elkay is a key player in the plumbing and water solutions sector, offering similar products like water control and plumbing solutions. While Watts Water Technologies focuses on comprehensive water management solutions, Zurn Elkay emphasizes sustainable water management and innovative product designs that appeal to environmentally conscious customers. Both companies differentiate themselves through product innovation and extensive distribution networks, but Zurn Elkay has been gaining a competitive edge recently due to its strong emphasis on sustainability and expanding its product lines for green building applications.