Water Quality Monitoring Market Size to See Modest Growth, by 2024
Global Water Quality Monitoring Market: Overview
Water quality monitoring draws information from the water quality data in order to characterize waters from various water bodies, identify trends, assess the effectiveness of pollution control programs, address emerging problems, and help formulate better pollution control policies, apart from responding to emergencies such as droughts and floods. Underwater quality monitoring the physical, chemical, biological, and microbiological characteristics of water is measured.
Global Water Quality Monitoring Market: Segmentation
The water quality monitoring market is globally segmented into its product type, applications, and regions. Based on the product type, the market is categorized into dissolved oxygen analyzers, pH meters, multi-parameter devices, TOC analyzers, conductivity sensors, turbidity meters, and flow meters. On the basis of application, the market is segregated into industrial, commercial spaces, laboratories, government buildings, agricultural, general applications, and household. The geographical segmentation of the market includes North America, Asia Pacific, Europe, and Rest of the World.
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Global Water Quality Monitoring Market: Growth Factors
Increasing incidences of waterborne diseases, growing demand for wastewater treatment, and growing awareness about the quality of drinking water are some of the key factors that are contributing to the market growth. It has been found in a study that was conducted by the WHO/UNICEF Joint Monitoring Programme for Water Supply and Sanitation that more than 1.8 million people around the world drink faecally contaminated water. Moreover, the WHO World Water Day Report stated that about 3.4 million people, among whom most of them are children, are victimized to death due to the consumption of contaminated drinking water. Hepatitis A, typhoid, and cholera diseases are caused due to the bacteria in water are some of the most general diarrheal diseases that are found worldwide. As a result, the demand for water quality monitoring systems is going to increase. However, lack of knowledge about the benefits of these systems and high costs of the devices used in water quality monitoring might hamper the progress of the market. Despite these hindrances, the market will gain from the progress of cost-efficient smart water networks that sets up geographic information systems (GIS) and sensors to evaluate water quality.
Global Water Quality Monitoring Market: Regional Analysis
Europe dominates the regional markets of water quality monitoring it is mainly driven by the high awareness about water quality and the consequent execution of the water quality monitoring activities in France, Germany, the U.K, Greece, Portugal, Denmark, and Switzerland. A number of government initiatives and laws have helped in promoting the adoption of water quality monitoring systems in the North American region. Israel in the Middle East, and India; Singapore; Japan; and China in Asia Pacific region are likely to signify a significant portion of the market over the coming years.
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Global Water Quality Monitoring Market: Competitive Players
Some of the key market players that are involved in the water quality monitoring market include Thermo Fisher Scientific, General Electric Company, Agilent Technologies, Honeywell International, Inc., Mettler-Toledo International Inc., Xylem, YSI, Hanna Instruments, LaMotte Company, LaMotte Company, Shimadzu Corporation, Danaher Corporation, Stevens Water Monitoring Systems, OTT Hydromet, Hydro International, Sea-Bird Coastal, and OAKTON Instruments.
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