Global Water Detection Sensors Market is expected to grow with the CAGR of 6.9% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Global water detection sensors market is a fragmented market which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global water detection sensors market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In July, Endress+Hauser Group Services AG announced the launch of Memosens CPS77D ISFET pH sensor. The new product offered CIP stability in hygienic applications and does not incorporate the use of glass thus increasing the durability of the product. The new product increased the product portfolio of the company.
Emerson Electric Co. is the dominating player in global water detection sensors market. The other key players existing in the water detection sensors market includes The Detection Group, Inc., Dwyer Instruments LTD., Campbell Scientific, Inc., TTK - Leak Detection System, HORIBA, Ltd., CMR Electrical, Endress+Hauser Group Services AG, Insteon, FIBAR GROUP S.A., Gems Sensors, Inc. (a subsidiary of Fortive), Hermann Sewerin GmbH, RIKO Float Technology co., ltd., Danaher, Libelium Comunicaciones Distribuidas S.L., TE Connectivity, Ijinus, Waxman, Lumi United Technology Co., Ltd., Sontay Ltd. among others.
Emerson Electric Co.:
Emerson Electric Co. is headquartered in Missouri, U.S. which was incorporated in 1890. The company focuses in providing tools & home products, climate technologies and automation solutions for commercial, industrial and consumer markets. The company deals in multiple business segments and provide products under categories such as automation solutions and commercial & residential solutions out of which commercial & residential solutions is the market focused segment as well category.
For instance,
- In May 2017, Emerson Electric Co. was certified with IEC 61508 for its water and steam detection system. The Mobrey Hydratect 2462 Water and Steam Detection System has wide range of application where water and stream is needed to be detected for efficient and safe operations such as in steam drums, boilers and steam line drain pots. The new certification increased the visibility of the company in the market.
The company has presence in Americas, Europe, Asia and Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Rosemount Inc. (U.S.), Artesyn technologies (U.S.) among others.
Danaher:
Danaher is headquartered in Washington D.C., U.S. and was founded in 1969. The company is engaged in designing, manufacturing and marketing of industrial and commercial and medical products and services through strong brand names. The company deals in various business segments and provide products under categories such as life sciences, diagnostics and environmental & applied solutions among which environmental & applied solutions is the market focused segment as well category.
For instance,
- In July 2020, Danaher announced the acquisition of Aquatic Informatics Inc., a company engaged in organizing world’s water data for making it accessible and useful. The acquisition helped the company in using the expertise of Aquatic Informatics Inc. for combining its hardware, software and services together. The new acquisition will strengthen the product portfolio of the company.
The company has presence in North America, Asia and Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such as Cephied (U.S.), Hach Company (U.S.) among others.
TE Connectivity:
TE Connectivity is headquartered in Schaffhausen, Switzerland which was founded in 1941. The company is engaged in manufacturing engineered connectivity and sensing products for power electric vehicles, aircraft, digital factories and smart homes. The company deals in multiple business segments such as transportation solutions, industrial solutions and communications solutions out oh which transportation solutions is the market focused segment. The company s providing several products under categories such as antennas, application tooling, cable assemblies, connectors, EMI filters, fiber optics, harnessing, heat shrink tubing, identification & labelling, passive components, power systems, relays, contactors & switches, sensors, terminals & splices and wire & cable among which sensors is the market focused category.
For instance,
- In March 2020, TE Connectivity announced the acquisition of First Sensor AG, a major player in the market of sensor technology. First Sensor AG holds expertise in designing and production of sensors and customer-specific sensor solutions. Through the acquisition, the company increased its product offering by including sensors and connectors.
The company has global presence in Americas, Europe, Asia-Pacific and Middle East and Africa. In addition, the company also generates revenue through the subsidiaries such as Measurement Specialities, Inc. (U.S.), MEAS France SAS (France) among others.
