Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.38 Billion | USD 4.23 Billion | 6.70% | 2023 |
The global water control monitoring market size was worth around USD 2.38 billion in 2023 and is predicted to grow to around USD 4.23 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.70% between 2024 and 2032.
The report covers a forecast and an analysis of the water control monitoring market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion).
Water quality monitoring is the procedure of inspecting the quality of water. Water quality monitoring inspects the water quality data so as to illustrate the water quality from various water bodies and evaluate the effectiveness of pollution control programs to control water pollution in the water bodies. This monitoring procedure also formulates new measures and methods to mitigate water pollution that can threaten the aquatic ecosystem. The water quality monitoring procedure also measures the physical, chemical, and biological properties and attributes of water that are being examined. Various instruments and devices are utilized in assessing and examining water quality.
The study includes drivers and restraints of the water control monitoring market along with the impact they have on the demand over the forecast period. Additionally, the report also includes the study of opportunities available in the water control monitoring market on a global level.
In order to give the users of this report a comprehensive view of the water control monitoring market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolios of various companies according to regions.
The global water control monitoring market is likely to experience significant growth in the future, owing to the increase in water-borne diseases among the population. The consumption of unhealthy water has spiked the rate of water-borne diseases globally. Furthermore, water bodies get polluted because of water pollution. Water pollution threatens the aquatic ecosystem and disrupts the ecological balance of the earth. Water pollution is a rising concern among the environmental regulatory bodies across the world. Pollution accidents that occur in surface waters, especially in large water bodies and freshwater sources, significantly threaten the overall water supply system. Thus, the growing stringent regulations formulated by the governments and other civic bodies are likely to drive the demand for devices or equipment that are required for water quality monitoring. Additionally, the scarcity of fresh water resources will also contribute to the water control monitoring market growth in the upcoming years. However, the high device costs that are utilized in water quality monitoring may hamper the water control monitoring market growth in the future.
The study provides a decisive view of the water control monitoring market based on product type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By product type, the water control monitoring market is segmented into pH meters, turbidity meters, dissolved oxygen analyzers, TOC analyzers, and others.
By application, the market is categorized into industrial, laboratories, residential/commercial buildings, and others.
Report Attributes | Report Details |
---|---|
Report Name | Water Control Monitoring Market Research Report |
Market Size in 2023 | USD 2.38 billion |
Market Forecast in 2032 | USD 4.23 billion |
Growth Rate | CAGR of 6.70% |
Number of Pages | 110 |
Key Companies Covered | Thermo Fisher Scientific, General Electric Company, Agilent Technologies, Honeywell International, Inc., Mettler-Toledo International Inc., Xylem, YSI, Hanna Instruments, LaMotte Company, Shimadzu Corporation, Danaher Corporation, Stevens Water Monitoring Systems, OTT Hydromet, Hydro International, Sea-Bird Coastal, and OAKTON Instruments. |
Segments Covered | By Product Type, 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 regional segment includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
North America held an extensive share of the global water control monitoring market in 2023 and is expected to continue with its regional authority in the upcoming years as well. This regional growth can be attributed to the stringent rules and regulations, such as Safe Drinking Water Act (SDWA) and the Clean Water Act (CWA), formulated by the government and other regulatory bodies for governing water regulations in the U.S. The Asia Pacific region is expected to provide significant growth opportunities for the global water control monitoring market in the future, due to the growing demand for safe and clean drinking water among the regional population, rapid industrialization, and swift urbanization.
Some key players operating in the global water control monitoring market include:
Global Water Control Monitoring Market: Product Type Analysis
Global Water Control Monitoring Market: Application Analysis
Global Water Control Monitoring Market: Regional Analysis
FrequentlyAsked Questions
Water quality monitoring is the procedure of inspecting the quality of water. Water quality monitoring inspects the water quality data so as to illustrate the water quality from various water bodies and evaluate the effectiveness of pollution control programs to control water pollution in the water bodies.
According to study, the Water Control Monitoring Market size was worth around USD 2.38 billion in 2023 and is predicted to grow to around USD 4.23 billion by 2032.
The CAGR value of Water Control Monitoring Market is expected to be around 6.70% during 2024-2032.
North America has been leading the Water Control Monitoring Market and is anticipated to continue on the dominant position in the years to come.
The Water Control Monitoring Market is led by players like Thermo Fisher Scientific, General Electric Company, Agilent Technologies, Honeywell International, Inc., Mettler-Toledo International Inc., Xylem, YSI, Hanna Instruments, LaMotte Company, Shimadzu Corporation, Danaher Corporation, Stevens Water Monitoring Systems, OTT Hydromet, Hydro International, Sea-Bird Coastal, and OAKTON Instruments.
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