The GMI Research foresees an expansion in the Water Quality Monitoring Market over the forecast period. This is because of the strategic governmental norms, increasing usage of these systems across several industrial verticals, and surging investments.
Introduction of the Water Quality Monitoring Market
Water quality refers to the chemical, biological, physical, and radiological features of water. Water quality monitoring systems are implemented to administer, sample, and interpret the water components and quality.
These systems also help to identify if water is fulfilling the demand for delegated use or not and recognize specified pollutants and sources of pollution.
Key Players of Market:
- Teledyne Technologies Inc.
- Thermo Fisher Scientific, Inc.
- General Electric Company
- Horiba, Ltd.
- Agilent Technologies
- Danaher Corporation
- Xylem Inc.
- Optiqua Technologies PTE Ltd.
- Geotech Environmental Equipment, Inc.
Water Quality Monitoring Market Dynamics
Accumulation in the global water quality monitoring market is because of the increasing incidences of waterborne diseases, such as typhoid, guinea worm, and cholera, because of rapid industrialization.
Thus, the acceleration in the number of diseases has persuaded individuals to choose water quality monitoring systems to reduce the chances of diseases.
In addition, the augmenting strategies and initiatives by the government to reduce environmental pollution, such as the allowance for pollution supervision, have stimulated market growth.
Besides this, the growing consciousness concerned with water quality owing to the amplification in water pollution as well as the surging investment to administer and manage pollution is paving the way for market growth.
Furthermore, the outburst of the coronavirus pandemic will positively influence the market growth. This is because of the growing emphasis of consumers on maintaining their overall health. Which in turn, is persuading them towards the endorsement of these systems to curb the spread of the virus.
However, the excessive cost of monitoring solutions and technical constraints concerned with these products hinder the water quality monitoring market growth.
Product Segment Drivers
As per the product, the TOC analyzer is speculated to maintain its dominance over the forecast period. The increasing industrialization and accelerating urban population in emerging countries have raised the pollutant level in the water.
Which is the foremost driver responsible for market growth. Moreover, the increasing knowledge about water contagion and pollution has supplemented the water quality monitoring market growth.
Application Segment Drivers
The laboratory segment is contemplated to bolster at a faster rate due to the rising agitation about environmental issues such as pollutant levels and the presence of various microbes in water. This supervision and testing exercise is a critical approach to interpreting water quality and its influence on human health.
By the regional analysis, Europe is predicted to seize the highest share in the market over the forecast period. This is because the rising recognition of water diseases and pollution is driving the market growth.
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The Asia-pacific region is experiencing robust growth because the mounting level of water pollution caused by swift urbanization is propelling the market growth. Furthermore, the growing number of government initiatives and rules, especially in China, India, and Japan, is proliferating the market growth.
Water Quality Monitoring Market Segmentation:
Segmentation by Product
- TOC Analyzer
- PH Meters
- Dissolved Oxygen Analyzers
- Conductivity Sensor
- Turbidity Meter
Segmentation by Application
- Government Building
- Commercial Space
Segmentation by Region:
- United Kingdom
- Rest of Europe
- Rest of APAC
- United States of America
- South Africa
- Saudi Arabia