Global Water Quality Monitoring Market, By Product Type (TOC Analyzers, pH Meters, Dissolved Oxygen Analyzers, Conductivity sensors, Turbidity Meters, Others), Application (Laboratories, Industrial, Government Buildings, Commercial Spaces, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Total organic carbon (TOC) analyzers have been commercialized used as it is a viable method to gather data from organic content in wastewater. This process is being widely utilized in pharmaceutical industries, semiconductor analysis and soil sediments.
Global Water Quality Monitoring Market was valued at USD 2076.22 million in 2021 and is expected to reach USD 3016.10 million by 2029, registering a CAGR of 4.10% during the forecast period of 2022-2029. TOC Analyzers account for the largest vertical segment in the respective market owing to the increase in demand for water quality monitoring products. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
Water quality monitoring system refers to a set of fully integrated system that consist of hardware units and programs deployed for monitoring multiple water quality parameters. This system is known to be a reliable analytical system specifically developed for optimization of water quality. Regular water testing is crucial for keeping water bodies safe.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (TOC Analyzers, pH Meters, Dissolved Oxygen Analyzers, Conductivity sensors, Turbidity Meters, Others), Application (Laboratories, Industrial, Government Buildings, Commercial Spaces, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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ABB (Switzerland), Dresser-Rand (US), General Electric (US), Rockwell Automation, Inc. (US), Siemens (Germany), Emerson Electric Co. (US), COMPRESSOR CONTROLS CORPORATION (US), Schneider Electric (France), John Wood Group PLC (UK), Ingersoll Rand (Ireland), and Atlas Copco (Sweden), among others
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Market Opportunities
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Water Quality Monitoring Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Need for Analyzing Wastewater
The increase in need to analyze the wastewater from organic matter acts as one of the major factors driving the growth of water quality monitoring market. Water purity is considered an important parameter for number of processes in industries such as power generation, pharmaceutical and semiconductor manufacturing.
- Prevalence of Waterborne Diseases
The increase in prevalence of waterborne diseases accelerate the market growth. The implementation of government norms and regulations such as the Clean Water Act (CWA) and Safe Drinking Water Act (SDWA) for protecting water sources from contamination drives the market.
- High Demand for Total Organic Carbon Analyzers
The increase in demand for total organic carbon (TOC) analyzers owing to reliability, efficiently organic compounds, portability and compatibility of the equipment further influence the growth of the market.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the water quality monitoring market.
Opportunities
Furthermore, surge in government funding for pollution control and monitoring extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, rise in awareness of water quality measurement due to rising level of water pollution will further expand the market.
Restraints/Challenges
On the other hand, high cost of environmental monitoring solutions and technical limitations associated with water monitoring products are expected to obstruct market growth. Also, limited market penetration for water testing and analysis instruments, and uncertain and inconsistent environmental regulations are projected to challenge the water quality monitoring market in the forecast period of 2022-2029.
This water quality monitoring market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on water quality monitoring market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Water Quality Monitoring Market
COVID-19 had a negative impact on various industries including water quality monitoring market. Both public and government sectors suffered greatly due to the facing financial crises during the outbreak of COVID-19. Businesses were shut down in numerous countries because of the social distancing guidelines and the imposition of lockdown. The water quality monitoring industry faced huge problems due to the shortage of laborers declining the low production. A decline in the demand for water quality monitoring was witnessed owing to the limited production and shut down of industries, such as oil and gas sectors, among others. However, the water quality monitoring market is expected to witness growth in demand after the post-covid-19 situation.
Global Water Quality Monitoring Market Scope and Market Size
The water quality monitoring market is segmented on the basis of product type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- TOC Analyzers
- pH Meters
- Dissolved Oxygen Analyzers
- Conductivity Sensors
- Turbidity Meters
- Others
Application
- Laboratories
- Industrial
- Government Buildings
- Commercial Spaces
- Others
Water Quality Monitoring Market Regional Analysis/Insights
The water quality monitoring market is analyzed and market size insights and trends are provided by country, product type and application as referenced above.
The countries covered in the water quality monitoring market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the water quality monitoring market because of the rise in advanced technologies and increase in environmental concerns within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the commercial usage and rapid industrialization in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Water Quality Monitoring Market
The water quality monitoring market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to water quality monitoring market.
Some of the major players operating in the water quality monitoring market are
- ABB (Switzerland)
- Dresser-Rand (US)
- General Electric (US)
- Rockwell Automation, Inc. (US)
- Siemens (Germany)
- Emerson Electric Co. (US)
- COMPRESSOR CONTROLS CORPORATION (US)
- Schneider Electric (France)
- John Wood Group PLC (UK)
- Ingersoll Rand (Ireland)
- Atlas Copco (Sweden)
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