Industrial Segment is Expected to Dominate the Global Water quality monitoring Market
According to
TechSci Research report, “Global Water quality
monitoring Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”. Global Water
quality monitoring is anticipated to project robust growth in the forecast
period with a CAGR of 5.92% through 2028. Development of policies and
initiatives to reduce environmental pollution levels, rise in government
funding for pollution monitoring & control, and increasing global levels of
water pollution have been driving the global Water Quality Monitoring Market.
The Global Water Quality Monitoring Market report provides a holistic
evaluation of the market. The report offers a comprehensive analysis of key
segments, trends, drivers, restraints, competitive landscape, and factors that
are playing a substantial role in the market.
A water quality monitoring system is defined as a complete integrated
system that consists of hardware units and programs for monitoring multiple
water quality parameters. It is considered a reliable analytical system for
water quality optimization. Routinely done water testing plays an important
role in keeping water bodies safe from hazardous pollutants. Water quality
monitoring is useful in monitoring temperature, nitrates, phosphates,
macroinvertebrates, pH, oxygen, and other parameters. Rising awareness of water
quality measurement owing to the rising level of water pollution fuels the
Water Quality Monitoring Market.
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Figures spread through 188 Pages and an in-depth TOC on " Global Water qualitymonitoring Market.”
Based on Application, Industrial
segment is expected to hold the largest share of Water quality monitoring market
during the forecast period, The Industrial sector held the largest market
share. The rise in water pollution due to industrialization creates the
potential for its use across the globe and is the primary growth factor for the
Water Quality Monitoring Market. While the Residential segment is anticipated
to have a significant CAGR of 8.3% in the forecast period
Based on Region, North
America is expected to dominate the market during the forecast period. North America is expected to dominate the
market due to growing environmental concerns and growing advancements in
technology to meet water quality requirements. Europe has implemented
monitoring systems for groundwater and surface water such as lakes and rivers,
followed by North America, to obtain quantitative information on water quality,
determine the water quality standard, and evaluate water quality trends. In
the Asia-Pacific region, increasing industrialization and rapid commercial use
are expected to boost the Water Quality Monitoring Market. Additionally, areas
such as Japan require recycled water for commercial reasons and have greatly
improved the Water Quality Monitoring Market. In Latin America, the water
quality monitoring system has seen potential growth due to less availability of
clean water; increasing domestic and toxic waste due to commercial and
agricultural use results in water pollution, necessitating a water quality
monitoring system.
Key market players in the Global
Water quality monitoring Market are following: -
- Danaher Corporation
- Evoqua Water Technologies
- General Electric Company
- Horiba, Ltd.
- OAKTON Instruments
- Pentair
- Shimadzu Corporation
- Thermo Fisher Scientific, Inc.
- Uponor
- Xylem Inc.
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“The global water
quality monitoring market is propelled by several key drivers that collectively
contribute to the increasing demand for advanced monitoring solutions. One of
the primary drivers is the growing awareness and concerns regarding water pollution
and its impact on public health. Governments and environmental agencies
worldwide are implementing stringent regulations, compelling industries and
municipalities to adopt sophisticated monitoring systems to ensure compliance
and safeguard water quality.
Technological
advancements, including the adoption of Internet of Things (IoT) and advanced
sensors, play a pivotal role in driving market growth. These innovations
enhance the efficiency and accuracy of water quality monitoring, enabling
real-time data collection and analysis. As water pollution continues to rise
due to industrialization and urbanization, there is an escalating need for
continuous monitoring to identify sources of contamination and mitigate
environmental risks.
Government
initiatives and investments in water infrastructure further drive the market,
with a focus on improving overall water quality and addressing specific
pollution challenges. Additionally, the recognition of water as a finite and
essential resource, coupled with concerns about water scarcity and climate
change, fosters a global commitment to effective water quality monitoring.
Overall, the convergence of regulatory mandates, technological advancements,
and environmental stewardship fuels the expansion of the global water quality
monitoring market.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
Water quality monitoring
Market – Global Industry Size, Share, Trends, Opportunity,
and Forecast Segmented by Product Type (TOC Analyzers, pH Meters, Dissolved
Oxygen Analyzers, Conductivity Sensors, Turbidity Meters), Application
(Laboratories, Industrial, Commercial Spaces, Government Buildings), By Region,
By Competition 2018-2028 has evaluated
the future growth potential of Global Water quality monitoring Market and
provides statistics and information on market structure, size, share, and
future growth. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities present in the Global Water
quality monitoring Market.
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