TechSci Research’s report on the Global Water Quality Monitoring Market reveals significant growth potential with a projected CAGR of 5.92% through 2028. The market, driven by policy developments to reduce environmental pollution, increased government funding for pollution control, and rising global water pollution levels, is comprehensively evaluated in the report. The assessment covers key segments, trends, drivers, restraints, the competitive landscape, and factors shaping the market.
Defined as an integrated system of hardware units and programs, a water quality monitoring system plays a vital role in optimizing water quality. Regular testing monitors parameters such as temperature, nitrates, phosphates, pH, oxygen, and more, addressing the escalating water pollution levels globally.
The Industrial segment is expected to dominate the market due to increased water pollution from industrialization, while the Residential segment anticipates a significant CAGR of 8.3% in the forecast period.
In terms of regions, North America is poised to lead, driven by growing environmental concerns and technological advancements. Europe follows, implementing monitoring systems for groundwater and surface water, and the Asia-Pacific region anticipates growth due to industrialization and commercial use. Latin America sees potential growth due to water scarcity and increased pollution.
Key market players in the Global Water quality monitoring Market are the following: –
- Danaher Corporation
- Evoqua Water Technologies
- General Electric Company
- Horiba, Ltd.
- OAKTON Instruments
- Shimadzu Corporation
- Thermo Fisher Scientific, Inc.
- Xylem Inc.
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The report emphasizes the role of technological advancements, such as IoT and advanced sensors, in driving market growth. Governments’ initiatives and investments in water infrastructure, coupled with global concerns about water scarcity and climate change, further contribute to the expansion of the water quality monitoring market.
Mr. Karan Chechi, Research Director at TechSci Research, highlights the growing awareness of water pollution’s impact on public health and emphasizes the convergence of regulatory mandates, technological advancements, and environmental stewardship in fueling the market’s growth. The report aims to provide actionable market intelligence for decision-makers, identifying emerging trends, drivers, challenges, and opportunities in the Global Water Quality Monitoring Market.
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