Water Quality Monitoring Market Scope, Competitive Analysis and Opportunities 2027
The Water quality monitoring market will be worth USD 5.38 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growing awareness regarding water contaminations, coupled with the increasing prevalence of waterborne diseases. The government of the developing economies is investing heavily in water management systems to overcome freshwater scarcity. Moreover, the government of several countries established strict regulations regarding wastewater treatment in industries and also introduced several policies to improve the quality of water. For example, the Safe Drinking Act and Clean Water Act were established by the U.S. government to save the water sources from further contamination.
Technological advancements of the water quality monitoring equipment are expected to create growth opportunities over the forecast period. The ongoing trend of increasing adoption of smart water networks (SWN) is anticipated to drive the product demand as it can control the water management systems through GPS, GIS, or sensor networks. Additionally, the IoT based system for water quality monitoring will also generate growth opportunities for the market in the future.
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Key participants include General Electric Company, Thermo Fisher Scientific, Inc., Horiba, Ltd., Teledyne Technologies Inc., Xylem Inc., Danaher Corporation, Agilent Technologies, Geotech Environmental Equipment, Inc., Optiqua Technologies PTE Ltd., and Libelium, among others.
Key Highlights From The Report
- In September 2016, General Electric Company announced its partnerships with the North American Alliance of Smart Water Networks Forum (SWAN) in order to accelerate wastewater and smart water development in North America.
- TOC Analyzers are forecasted to grow with the fastest CAGR of 4.9% over the forecast period due to the increasing urbanization and industrialization in the developing economies and the growing application of water quality monitoring products in industries.
- Laboratories held the largest market share of 42.3% in the year 2019 due to the growing concerns about water pollution and contamination and the increasing ongoing research activities for analyzing the quality of water and the presence of specific microbes.
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Competitive Terrain:
The Global Water Quality Monitoring Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.
Market Scope:
One of the report’s central components is the broad Water Quality Monitoring market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Water Quality Monitoring market players.
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Emergen Research has segmented the global Water quality monitoring market on the basis of Product, Application, and region:
- Product Outlook (Revenue, USD Billion; 2017-2027)
- Ph Meters
- Conductivity sensor
- TOC Analyzer
- Dissolved Oxygen Analyzers
- Turbidity Meter
- Others
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Industrial
- Laboratory
- Commercial Space
- Government Building
- Others
- Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- China
- Japan
- South Korea
- Rest of APAC
- Brazil
- Rest of LATAM
- Saudi Arabia
- UAE
- Rest of MEA
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type & applications
Chapter 9: Current and Future Trends
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