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2018
Water Quality Monitoring Systems Market

Water Quality Monitoring Systems Market by Component (pH Sensors, DO Sensors, Temperature Sensors, Turbidity Sensors, and Others) and Application (Utilities, Industrial, Commercial, and Residential): Global Opportunity Analysis and Industry Forecast, 2018 - 2025
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A04701
Pages: 179
Oct 2018 | 15224 Views
Author(s) : Sushant Chavan
Tables: 85
Charts: 63
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Water Quality Monitoring Systems Market Overview :

The global water quality monitoring systems market is expected to reach $6,692.3 million by 2025, from $3,815.9 million in 2017, growing at a CAGR of 7.3% from 2018 to 2025.

Water quality monitoring system is a set of fully integrated system comprising hardware units and programs that are used to monitor multiple water quality parameters. It is a reliable analytical system developed for optimization of water quality. Regular water testing is essential for keeping water bodies safe from hazardous pollutants. This analysis measures temperature, macroinvertebrates, nitrates, phosphates, dissolved oxygen, pH, and other parameters.

The quality of water resources has a direct effect on daily life. Polluted water is commonly discharged in large water bodies in the urban as well as rural areas owing to environmental degradation and heavy industrialization. This causes water contamination, which is hazardous to human life. According to the World Health Organization (WHO), at least 2 billion people drink contaminated water containing harmful pollutants. Thus, there is an urgent need to adopt water quality monitoring systems for analyzing and examining the water quality.

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The primary growth factors of the global water quality monitoring systems market include rise in water pollution due to industrialization, increase in prevalence of waterborne diseases, and surge in government obligations. The U.S. government established regulations and minimum standards such as the Clean Water Act (CWA) and Safe Drinking Water Act (SDWA), to protect water sources from contamination. This has fueled the demand for water quality monitoring system. However, high installation and maintenance costs are expected to restrain its growth in price-sensitive markets. Lack of awareness in rural places toward health and sanitation also impedes growth of the water quality monitoring systems market.

New sensors, such as turbidity sensors, dissolved oxygen sensors, pH sensors, conductivity sensors, chlorine sensors, ORP sensors, and temperature sensors, are designed to analyze the water quality. Online Water Quality Monitoring (OWQM) sensors monitor the water distribution system and other analytical technologies. A concept called Chemcatcher was developed by a group of professors at the University of Portsmouth to monitor numerous water pollutants, and thereby, improve water quality. Incorporation of new technologies and innovative techniques are expected to boost the popularity & demand for water quality monitoring systems during the forecast period.

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The global water quality monitoring systems market is segmented based on component, application, and region. Based on component, the market is classified as pH sensors, DO sensors, temperature sensors, turbidity sensors, and others. In terms of revenue, the pH segment accounted for $1,262.2 million of the global water quality monitoring systems market in 2018 and is projected to grow at a CAGR of 7.7 % during the forecast period.

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Based on application, the market is classified into utility, industrial, commercial, and residential. The residential segment is anticipated to grow at a CAGR of 8.3% during the forecast period.

Competition Analysis

The report contain profiles of key players, such as Danaher Corporation, Evoqua Water Technologies, General Electric Company, Horiba, Ltd., OAKTON Instruments, Pentair, Shimadzu Corporation, Thermo Fisher Scientific, Inc., Uponor, and Xylem Inc. They have adopted product launch as their key strategy to expand their market foothold.

Key Benefits for Water Quality Monitoring Systems Market :

  • The report provides an extensive analysis of the current as well as emerging trends and dynamics in the global water quality monitoring systems market

  • An in-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2025.

  • An extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.

  • A comprehensive analysis of all regions is provided to determine the prevailing opportunities across various geographies.

  • The key market players are profiled, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the market.

Water Quality Monitoring Systems Key Market Segments :

By Component

  • pH sensors

  • DO sensors

  • Temperature sensors

  • Turbidity sensors

  • Others

By Application

  • Residential

  • Commercial

  • Industrial

  • Utility

By Region

  • North America

    • U.S.

    • Mexico

    • Canada

  • Europe

    • UK

    • Germany

    • France

    • Russia

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • South Korea

    • Rest of Asia-Pacific

  • LAMEA

    • Latin America

    • Middle East

    • Africa

Key Market Players Profiled in the Report

  • 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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Water quality monitoring systems monitor and analyze different parameters in water. Parameters that test water quality, such as measuring water temperature, pH, conductivity, dissolved oxygen, and calculations, are easily carried out with the help of these monitoring systems. New sensors technologies, such as the TOC analyzers and pH meters, help carry out these quality monitoring activities efficiently.

The global water quality monitoring systems market is expected to experience growth during the forecast period, owing to increased consumer awareness in the developing nations such as India, China, Brazil, and Mexico. Water-related laws and adaptation of a flexible system for regulating water quality have fueled the adoption of water quality monitoring systems.

The production cost of sensors such as pH sensor has reduced, due to R&D and emergence of new technology-based wireless sensor network & solar power supply. This factor has helped water quality monitoring systems to reach out to the cost-sensitive markets in the Asia-Pacific region.

North America is the highest contributor to the global water quality monitoring systems market in terms of revenue in 2018 and is expected to maintain its dominance during the forecast period, owing to use of modern technologies, presence of developed economies, and increase in manufacturing and industrial activities.      

The key players operating in the global water quality monitoring systems market include Danaher Corporation, Evoqua Water Technologies, General Electric Company, Horiba, Ltd., OAKTON Instruments, Pentair, Shimadzu Corporation, Thermo Fisher Scientific, Inc., Uponor, and Xylem Inc.

The market players have adopted product launch as their key developmental strategy to provide better products to meet customer demands. Acquisitions and partnerships are the other strategies adopted by the players to improve their offerings and boost their production processes. In addition, these strategies have helped companies to develop technologically advanced products and expand their market share across different geographies.

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FREQUENTLY ASKED QUESTIONS?

A. The market value of water quality monitoring systems market is projected to reach $6,692 million by 2025.

A. Stringent government regulations for water quality monitoring in developed countries, and degrading water quality are the factors that drive the water quality monitoring systems market growth.

A. The report sample for water quality monitoring systems market report can be obtained on demand from the website.

A. Increased incidences of waterborne diseases and increase in demand in countries based in Asia-Pacific are the emerging trends in the water quality monitoring systems market.

A. Acquisition is the key growth strategy of market players.

A. The statistical data of the top market players of water quality monitoring systems market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the water quality monitoring systems industry.

A. Asia-Pacific region will provide more business opportunities for water quality monitoring systems market in coming years.

A. By component, applications, and region are analyzed in water quality monitoring systems market report.

A. Danaher Corporation, Evoqua Water Technologies, General Electric Company, Horiba, Ltd., OAKTON Instruments, Pentair, Shimadzu Corporation, Thermo Fisher Scientific, Inc., Uponor, and Xylem Inc.

A. Residential, commercial, industrial, and utility sectors are the potential customers of industry.

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