Industrial Segment is Expected to Dominate the Global Water quality monitoring Market throungh 2029
According to
TechSci Research report, “Global Water quality
monitoring Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029”. Global Water
quality monitoring is anticipated to project robust growth in the forecast
period with a CAGR of 5.92% through 2029. Policies and initiatives aimed at
curbing environmental pollution, alongside heightened government funding for
pollution monitoring and control efforts, are key drivers of the global Water
Quality Monitoring Market. Additionally, the escalating levels of water
pollution on a global scale contribute to the market's growth trajectory. The
Global Water Quality Monitoring Market report presents a thorough assessment of
the market, providing a comprehensive analysis of crucial segments, emerging
trends, driving forces, limitations, competitive dynamics, and influential
factors shaping the market landscape.
A water quality monitoring system encompasses a fully integrated setup
comprising hardware components and software programs designed to monitor
various parameters related to water quality. Regarded as a dependable
analytical tool for optimizing water quality, it involves regular testing to
safeguard water bodies from harmful pollutants. Monitoring water quality proves
beneficial in tracking parameters such as temperature, nitrates, phosphates,
macroinvertebrates, pH levels, oxygen levels, and other relevant factors. The
increasing recognition of the importance of water quality assessment, driven by
escalating water pollution levels, propels the growth of 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 dominates the
market share, driven by the surge in water pollution resulting from industrial
activities worldwide. This heightened pollution underscores its widespread
applicability and serves as the primary catalyst for the growth of the Water
Quality Monitoring Market.
Based on Region, North
America is expected to dominate the market during the forecast period, North America is poised to lead the market owing to mounting environmental concerns and advancements in technology aimed at meeting stringent water quality standards. In Europe, extensive monitoring systems for both groundwater and surface water bodies such as lakes and rivers have been established, primarily to gather quantitative data on water quality, set standards, and analyze trends. The Asia-Pacific region is expected to witness a surge in the Water Quality Monitoring Market driven by rapid industrialization and commercial growth, particularly in nations like Japan where there's a growing demand for recycled water. Latin America shows potential for growth in its water quality monitoring system due to the scarcity of clean water and increasing pollution from domestic, commercial, and agricultural sources, necessitating robust monitoring measures.
Key market players in the Global
Water quality monitoring Market are following: -
- Danaher Corporation
- Evoqua Water Technologies LLC
- General Electric Company (GE)
- Horiba, Ltd.
- OAKTON Instruments
- Pentair plc (PNR)
- Shimadzu Corporation
- Thermo Fisher Scientific Inc.
- Uponor Oyj
- Xylem
Inc.
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“The global water quality monitoring
market experiences significant momentum driven by various factors that
collectively bolster the demand for more advanced monitoring solutions. Among
these factors, a primary driver is the increasing awareness and concerns
regarding water pollution and its adverse effects on public health. Governments
and environmental agencies worldwide are enforcing stricter regulations,
compelling industries and municipalities to adopt more sophisticated monitoring
systems to ensure compliance and protect water quality. Key to this growth
are technological advancements, particularly the widespread adoption of
Internet of Things (IoT) technology and advanced sensor technologies. These
innovations significantly improve the efficiency and accuracy of water quality
monitoring by facilitating real-time data collection and analysis. With water
pollution on the rise due to industrialization and urbanization, there's a
pressing need for continuous monitoring to identify contamination sources and
mitigate environmental risks
Government initiatives and investments
in water infrastructure continue to propel the market forward, emphasizing the
enhancement of overall water quality and tackling specific pollution issues.
Moreover, the acknowledgment of water as a finite and crucial resource,
combined with apprehensions regarding water scarcity and climate change,
fosters a worldwide dedication to efficient water quality monitoring. In
essence, the combination of regulatory requirements, technological progress,
and environmental responsibility drives the growth 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 2019-2029 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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