Water Quality Monitoring Equipment Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Product (Portable, Handheld, Bench-Top), By Application (Industrial, Commercial, Laboratory, Others), And By Geography - Forecasts From 2021 To 2026
- Published : Sep 2021
- Report Code : KSI061610807
- Pages : 120
The global water quality monitoring equipment market is evaluated at US$4.288 billion for the year 2019 and is projected to grow at a CAGR of 4.21% reaching the market size of US$5.722 billion by the year 2026.
Market Overview.
Growing global demand for industrial wastewater treatment is one of the major factors that are fuelling the growth of the water quality monitoring equipment market. The rising global scarcity of fresh water is pushing both public and private sectors to invest heavily in water management systems, thus, fuelling the demand for water quality monitoring equipment. Furthermore, stringent regulations regarding wastewater treatment also propel the growth of the water quality monitoring equipment market.
COVID-19 Impact On Water Quality Monitoring Equipment Market
The advent of COVID-19 had a negative impact on the water quality monitoring equipment market given the suspension of activities in several end-user industries. The demand for the equipment witnessed recovery signs in the second half of the year 2020 wherein there was a rise in the concerns towards healthy water due to the widespread scare of the disease. The operations in the industries are resuming gradually abiding by the protocols set by the government and the market for water quality monitoring equipment is expected to witness significant growth during the forecast period.
The rising consumption of water in the industrial sector is expected to fuel the market during the forecast period.
The rising consumption of water for industrial or for domestic purposes has instigated a high demand for water quality monitoring devices. A worldwide initiative launched by WHO and International organizations aims at reducing health problems throughout the globe by introducing programs focusing on hygiene, food, water, and shelter.
Rising awareness about water pollution will be a tailwind to the market in the coming years.
New sensors, such as turbidity sensors, dissolved oxygen sensors, pH sensors, conductivity sensors, chlorine sensors, ORP sensors, and temperature sensors, are designed to analyze water quality. Online Water Quality Monitoring (OWQM) sensors monitor the water distribution system and other analytical technologies.
Water Quality Monitoring Equipment Market Scope:
Report Metric | Details |
Market size value in 2019 | US$4.288 billion |
Market size value in 2026 | US$5.722 billion |
Growth Rate | CAGR of 4.21% from 2019 to 2026 |
Base year | 2019 |
Forecast period | 2021–2026 |
Forecast Unit (Value) | USD Billion |
Segments covered | Product, Application, And Geography |
Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies covered | Danaher Corporation, Evoqua Water Technologies, General Electric Company, Horiba, Ltd., OAKTON Instruments, Pentair, Shimadzu Corporation, Thermo Fisher Scientific, Inc., Uponor, Xylem Inc. |
Customization scope | Free report customization with purchase |
Segmentation
- By Product
- Portable
- Handheld
- Bench-Top
- By Application
- Industrial
- Commercial
- Laboratory
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Others
- Middle East & Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
Frequently Asked Questions (FAQs)
Q1. What is the size of the global water quality monitoring equipment market?
A1. Water Quality Monitoring Equipment Market was valued at US$4.288 billion in the year 2019.
Q2. What will be the water quality monitoring equipment market size by 2026?
A2. The global water quality monitoring equipment market is projected to reach a market size of US$5.722 billion by 2026.
Q3. What are the growth prospects for the water quality monitoring equipment market?
A3. The water quality monitoring equipment market is projected to grow at a CAGR of 4.21% during the forecast period.
Q4. What factors are anticipated to drive the water quality monitoring equipment market growth?
A4. Growing global demand for industrial wastewater treatment is one of the major factors that are fuelling the growth of the water quality monitoring equipment market.
Q5. How is the global water quality monitoring equipment market segmented?
A5. The water quality monitoring equipment market has been segmented by product, application, and geography.
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of End-Users
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Water Quality Monitoring Equipment Market Analysis, by Product
5.1. Introduction
5.2. Portable
5.3. Handheld
5.4. Bench-Top
6. Water Quality Monitoring Equipment Market Analysis, by Application
6.1. Introduction
6.2. Industrial
6.3. Commercial
6.4. Laboratory
6.5. Others
7. Water Quality Monitoring Equipment Market Analysis, by Geography
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. UK
7.4.4. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. India
7.6.3. Japan
7.6.4. South Korea
7.6.5. Taiwan
7.6.6. Thailand
7.6.7. Indonesia
7.6.8. Others
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.1. Danaher Corporation
9.2. Evoqua Water Technologies
9.3. General Electric Company
9.4. Horiba, Ltd.
9.5. OAKTON Instruments
9.6. Pentair
9.7. Shimadzu Corporation
9.8. Thermo Fisher Scientific, Inc.
9.9. Uponor
9.10. Xylem Inc.
Danaher Corporation
Evoqua Water Technologies
General Electric Company
OAKTON Instruments
Pentair
Shimadzu Corporation
Thermo Fisher Scientific, Inc.
Uponor
Xylem Inc.
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