Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 39.59 Billion | USD 64.10 Billion | 5.5% | 2023 |
According to a report from Zion Market Research, the global Water Automation and Instrumentation Market was valued at USD 39.59 Billion in 2023 and is projected to hit USD 64.10 Billion by 2032, with a compound annual growth rate (CAGR) of 5.5% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Water Automation and Instrumentation Market industry over the next decade.
Water instrumentation and automation is used to control and manage inwards and outwards flow of water from the manufacturing plant. The main idea behind disposition of water instrumentation and automation is to diminish and enhance the treatment of the waste water coming out of the industrial plants. Market players are focusing on simplifying their organizational structure to cater to a high performance culture and draw their attention towards complementary businesses in which they can maintain and strengthen their market leadership.
The above mentioned shift is transforming the manufacturing sector and propelling the demand for automation and robotics. Growing demand for personalization is expanding product variants and thereby shortening the lifecycles. The manufacturing process now is majorly powered by the Artificial Intelligence (AI) and machine learning, which are enabling new solutions to help improve operations.
The water automation and instrumentation market is anticipated to grow at a rapid pace over the forecast period. This is attributed to the increasing water shortage in manufacturing industries for processing and operations. The surging concerns related to increasing supply and processing cost along with the important events related to water intake, water treatment, transmission and distribution of water supply are some of the factors which will propel market demand for the water automation and instrumentation market.
Furthermore, owing to the stringent regulations by the government to reduce water and soil pollution, it has become mandatory for the manufacturing industry to mount water automation and instrumentation system in their units. The benefits of automation and instrumentation is that is required less human intervention, low manpower, low labor cost, which eventually benefits the manufacturing industries as all these works are automatically done.
This is attributable to the rising demand for water automation and instrumentation by the end use industry along with the rising demand for new installation of these systems due to stringent government norms are anticipated to propel market growth in the forecast period. The wireless pressure transmitter are gaining importance as it measurements absolute pressure, differential pressure and gauge pressure which proves to be beneficial by end use industry. These wireless transmitters are installed in remote locations as it offers lower installation costs by eradicating wiring costs. This is anticipated to foster market growth for water automation and instrumentation market in the long run. Other segments under Instrumentation includes pressure transmitter, electromagnetic flow meters, level transmitter, sludge density measurement, gas and liquid analyzer, leakage detection systems, high and low ac drives and control valves.
This is due to the like rising demand for industrial wastewater treatment solutions along with reduced freshwater content and adverse climatic conditions. Industries such as chemical, food processing, power, mining needs water in both input and output process. These industries treat input water and make it usable and also treat output water to meet the stringent government norms. This is anticipated to propel market growth for treated water in the projected period.
Report Attributes | Report Details |
---|---|
Report Name | Water Automation and Instrumentation Market |
Market Size in 2023 | USD 39.59 Billion |
Market Forecast in 2032 | USD 64.10 Billion |
Growth Rate | CAGR of 5.5% |
Number of Pages | 110 |
Key Companies Covered | ABB Ltd., Yokogawa Electric Corporation, Emerson Electric Co., Ch2m Hill Inc., Endress+Hauser AG, Mitsubishi Electric Corp, Pepperl+Fuchs, General Electric, Rockwell Automation Inc., Siemens AG, among others |
Segments Covered | By Process Stage, By Automation Technology, By Instrumentation, By Application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The growth is due to increasing population at an incredible pace. The economy of the region is also increasing at a rapid pace and to keep up the energy requirements for increasing population, countries in the region such as Indian and china are tapping the abandon water to produce of hydel energy. These countries are also considered to be the largest producer of hydel energy in the world. China has installed world’s largest hydel project power station Yangtze River called Three Gorges Dam with a capacity to produce 22,500 MW of energy. This is anticipated to support market growth for water automation and instrumentation market in the long run.
Manufacturers in this region have heavily invested in wastewater treatment and are looking to expand the existing projects and also take up new projects. The growth in the region is due to the houses some of the major water treatment plants players such as Stickney Water Reclamation Plant, Deer Island Sewage Treatment Plant. In order to keep up with the growing demand, these players are looking to optimize their process to reduce water loss and pollution. This is anticipated to drive market demand for water automation and instrumentation in the region.
Some of the key players of water automation and instrumentation market are
By Process Stage
By Automation Technology
By Instrumentation
By Application
By Region
FrequentlyAsked Questions
According to a report from Zion Market Research, the global Water Automation and Instrumentation Market was valued at USD 39.59 Billion in 2023 and is projected to hit USD 64.10 Billion by 2032.
According to a report from Zion Market Research, the global Water Automation and Instrumentation Market a compound annual growth rate (CAGR) of 5.5% during the forecast period 2024-2032.
Some of the key factors driving the global water automation and instrumentation market growth are increasing labor wages expected to drive the process automation landscape.
North America region held a substantial share of the water automation and instrumentation market in 2032. This is attributable due to the heavily investments made by manufacturers in wastewater treatment.
Some of the major companies operating in the water automation and instrumentation market are ABB Ltd., Yokogawa Electric Corporation, Emerson Electric Co., Ch2m Hill Inc., Endress+Hauser AG, Mitsubishi Electric Corp, Pepperl+Fuchs, General Electric, Rockwell Automation Inc., Siemens AG, among others.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed