Competitive Landscape of Water Quality Sensor Market: Growth Analysis 2023-2028
MarkNtel Advisors recently published a detailed industry analysis of the Water Quality Sensor Market. The report covers growth trends, regional marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Water Quality Sensor Market (2023-2028)
The Global Water Quality Sensor market is projected to grow at a CAGR of around 6.2% during the forecast period, i.e., 2023-28.
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Key Driver: Rising Government Concerns On Water Pollution Monitoring Augmenting the Market Growth
The rising focus of governments across the globe on monitoring water pollution levels has fueled the demand for water quality. Water contamination is causing almost 80% of the diseases such as cholera, malaria, and diarrhea in developing nations, owing to which they are adopting new initiatives to monitor water quality levels. This has led to the significant use of these sensors in the industrial, agriculture, wastewater management, and residential sectors during the historical period.
Moreover, initiatives by the UN like Sustainable Development Goals (SDGs), which in its Goal 6 aims to improve water quality by reducing pollution, limiting the release of dangerous chemicals & materials, and cutting the percentage of untreated wastewater to half, are also supporting countries to increase their focus towards monitoring water quality levels. For instance:
In 2020, SDG 6 Global Acceleration Framework formed at the 34th UN-Water Meeting launched pilot projects for ensuring clean water & sanitation through country-level engagement in eight countries like Bahrain, Costa Rica, Guinea, India, Madagascar, Mexico, Nepal, and São Tomé & Príncipe.
Furthermore, the growing focus of countries on monitoring water pollution is leading them to examine industrialization-related water contamination, as with the increasing industrial units, the water quality in water bodies adjacent to them is degrading. Owing to this, many countries are now pushing industries like food & beverage, wood & Pulp, textile, etc., to monitor the quality of wastewater released by them.
As a result, the demand for water quality sensors from industries such as food & beverage, wood & pulp, textile, etc., is rising, and this would enhance the market growth during the forecast period.
What segments define the Water Quality Sensor market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
-By Type
-Total Organic Carbon (TOC)
-Residual Chlorine Sensor
-Turbidity Sensor
-Conductivity Sensor
-pH Sensor
-ORP (Oxidation-reduction potential) Sensor
-Others (COD Sensor, Ion Probe Sensor, etc.)
- By Application
-Industrial
-Agriculture
-Drinking Water
-Wastewater Management
-Residential
-Others (Aquaculture, Laboratories, etc.)
-By Region
-North America
-South America
-Europe
-Middle East and Africa
-Asia-Pacific
Explore the Complete Water Quality Sensor Market Analysis Report – https://www.marknteladvisors.com/research-library/water-quality-sensor-market.html
Who are the leading key players shaping the Water Quality Sensor Market landscape?
Xylem, Inc, Horiba, Ltd, ABB Ltd, Oakton, Thermo Fisher Scientific, Yokogawa, Eureka Water Probes, In-Situ, Inc, Campabell, Inc, Hatch, Fondriest Environment Inc, Libelium, Geotech Environment Equipments, Optiqua, Others
Questions Addressed in this Study
1.What factors are driving the Water Quality Sensor Market growth?
2.How is the Water Quality Sensor Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Water Quality Sensor Market?
4.What is the current size of the Water Quality Sensor Market, and how is it projected to change in the future?
6.What is the future outlook for the Water Quality Sensor Market in terms of technological advancements and market expansion?
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