The global water quality monitoring equipment market is evaluated at US$4.288 billion for the year 2019 and is projected to grow at a CAGR of 4.21% reaching a market size of US$5.722 billion by the year 2026.
Growing global demand for industrial wastewater treatment is one of the major factors that are fuelling the growth of the water quality monitoring equipment market. The rising global scarcity of fresh water is pushing both public and private sectors to invest heavily in water management systems, thus, fuelling the demand for water quality monitoring equipment. Furthermore, stringent regulations regarding wastewater treatment also propel the growth of the water quality monitoring equipment market.
The advent of COVID-19 had a negative impact on the water quality monitoring equipment market given the suspension of activities in several end-user industries. The demand for the equipment witnessed recovery signs in the second half of the year 2020 wherein there was a rise in the concerns towards healthy water due to the widespread scare of the disease. The operations in the industries are resuming gradually abiding by the protocols set by the government and the market for water quality monitoring equipment is expected to witness significant growth during the forecast period.
The rising consumption of water for industrial or for domestic purposes has instigated a high demand for water quality monitoring devices. A worldwide initiative launched by WHO and International organizations aims at reducing health problems throughout the globe by introducing programs focusing on hygiene, food, water, and shelter.
New sensors, such as turbidity sensors, dissolved oxygen sensors, pH sensors, conductivity sensors, chlorine sensors, ORP sensors, and temperature sensors, are designed to analyze water quality. Online Water Quality Monitoring (OWQM) sensors monitor the water distribution system and other analytical technologies.
COVID-19 Impact on water quality monitoring equipment market.
The advent of COVID-19 had a negative impact on the water quality monitoring equipment market given the suspension of activities in several end-user industries. The demand for the equipment witnessed recovery signs in the second half of the year 2020 wherein there was a rise in the concerns towards healthy water due to the widespread scare of the disease. The operations in the industries are resuming gradually abiding by the protocols set by the government and the market for water quality monitoring equipment is expected to witness significant growth during the forecast period.
The rising consumption of water in the industrial sector is expected to fuel the market during the forecast period.
The rising consumption of water for industrial or for domestic purposes has instigated a high demand for water quality monitoring devices. A worldwide initiative launched by WHO and International organizations aims at reducing health problems throughout the globe by introducing programs focusing on hygiene, food, water, and shelter.
Rising awareness about water pollution will be a tailwind to the market in the coming years.
New sensors, such as turbidity sensors, dissolved oxygen sensors, pH sensors, conductivity sensors, chlorine sensors, ORP sensors, and temperature sensors, are designed to analyze water quality. Online Water Quality Monitoring (OWQM) sensors monitor the water distribution system and other analytical technologies.
Segmentation:
By Product
- Portable
- Handheld
- Bench-Top
By Application
- Industrial
- Commercial
- Laboratory
- Others
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Others
- Middle East & Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Water Quality Monitoring Equipment Market Analysis, by Product
6. Water Quality Monitoring Equipment Market Analysis, by Application
7. Water Quality Monitoring Equipment Market Analysis, by Geography
8. Competitive Environment and Analysis
9. Company Profiles
Companies Mentioned
- Danaher Corporation
- Evoqua Water Technologies
- General Electric Company
- Horiba, Ltd.
- OAKTON Instruments
- Pentair
- Shimadzu Corporation
- Thermo Fisher Scientific, Inc.
- Uponor
- Xylem Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | September 2021 |
| Forecast Period | 2019 - 2026 |
| Estimated Market Value ( USD | $ 4.29 billion |
| Forecasted Market Value ( USD | $ 5.72 billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
