NEW
YORK, Sept. 14, 2023 /PRNewswire/ -- The
water quality sensor market size is expected to grow
by USD 1.58 billion from 2022 to 2027. However, the
growth momentum of the market will progress at a CAGR of
6.72% during the forecast period. The market is segmented
by application (groundwater, drinking water, wastewater,
aquaculture, and others), type (residual chlorine, total organic
carbon (TOC) sensor, ph sensor, oxidation-reduction potential (ORP)
sensor, and others), and geography (APAC, North America, Europe, South
America, and Middle East
and Africa). Increasing focus
on monitoring the water quality in the industrial sector is a key
factor driving market growth. The high demand for water
resources is driven by factors such as population growth and
urbanization. In addition, utilities are finding it difficult to
manage water distribution due to increasing water scarcity and
rising energy costs. Water reuse and recycling are increasingly
popular to address the water crisis. In addition, water is widely
used in many industries such as food and beverage, pharmaceutical,
petroleum, chemical, and petrochemical. These industries are
increasingly adopting techniques to reuse and recycle the
wastewater they generate due to a number of factors such as
increasing water pollution and limited access to safe drinking
water. Hence, these factors are expected to drive market
growth during the forecast period. The report analyses the
market size and growth and provides accurate predictions on the
growth of the market. View FREE PDF Sample
Key Highlights:
- The report recognizes the following as some of the key players
in the water quality sensor market: ABB Ltd., Campbell Scientific
Inc., Cole Parmer, Danaher Corp.,
Dwyer Instruments Inc., Emerson Electric Co., HORIBA Ltd., ifm
electronic gmbh, KROHNE Messtechnik GmbH, Libelium Comunicaciones
Distribuidas SL, PASCO, Reynolds Culligan, scan GmbH, Sensorex
USA, Siemens AG, SWAN Analytical
USA INC., Thermo Fisher Scientific
Inc., Tianjin Sure Instrument Co. Ltd., Zhengzhou Winsen
Electronics Technology Co. Ltd., and Endress Hauser Group Services
AG
- Water Quality Sensor Market is fragmented in nature.
- Market to observe 5.2% YOY growth in 2023.
Major Trends
- Increasing public-private partnerships (PPP) investments in
water and wastewater treatment plants is a major trend in the
market.
Significant Challenge
- Threat to cybersecurity is a significant challenge
restricting market growth.
The report also covers information on upcoming
trends and challenges. Explore detailed information
by purchasing a report
Key Segments:
- The groundwater segment is estimated to
witness significant growth during the forecast
period. Monitoring of groundwater as well as surface waters is
the key purpose of water quality sensors. Lakes, rivers, wetlands,
and estuaries are among the most important sources of surface
water. In terms of human drinking water, the groundwater segment is
regarded as a major source. Furthermore, the level of groundwater
and surface water has been adversely influenced by the increasing
use of chemical fertilizers on agricultural lands and land
pollution through municipal drainage systems. In addition, these
sensors detect phenomena such as algal blooms, sediment flows, and
floods, whether for groundwater protection, management research, or
ongoing monitoring. Hence, these factors are expected to drive
segment growth during the forecast period.
Get a glance at the market contribution of the
segments, Request a FREE Sample
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ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
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Contacts
Technavio Research
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Media & Marketing Executive
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Email: media@technavio.com
Website: www.technavio.com
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