According to Verified Market Intelligence, The Global Water Quality Monitoring Market was valued at USD 3.67 Billion in 2017 and is projected to reach USD 6.41 Billion by 2025, growing at a CAGR of 7.2% from 2018 to 2025.
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Global Water Quality Monitoring Market Analysis
What is Water Quality Monitoring?
Water quality monitoring system is defined as a complete integrated system that consists of hardware units and programs for monitoring multiple water quality parameters. It is considered as a reliable analytical system for water quality optimization.
Routinely done water testing plays an important role in keeping water bodies safe from hazardous pollutants.
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Water quality monitoring is useful in monitoring temperature, nitrates, phosphates, macro invertebrates, pH, oxygen and other parameters. Rising awareness of water quality measurement owing to rising level of water pollution fuels the water quality monitoring market.\
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Global Water Quality Monitoring Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Development of policies and initiatives in order to reduce environmental pollution levels, rise in government funding for pollution monitoring & control and increasing global levels of water pollution have been driving the global water quality monitoring market. On the other hand, factors such as high environmental monitoring solutions costs, technical limitations related with water monitoring products and limited market penetration for water testing & analysis instruments in non-industrial applications might hinder the overall growth at a global level.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client.
The “Global Water Quality Monitoring Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Water Quality Monitoring Market Competitive Landscape
The “Global Water Quality Monitoring Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Danaher Corporation, Evoqua Water Technologies, General Electric Company, Horiba, Ltd., OAKTON Instruments, Pentair, Shimadzu Corporation, Thermo Fisher Scientific, Inc., Uponor, and Xylem Inc. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Water Quality Monitoring Market Segmentation, by Component
- • pH sensors
• Temperature sensors
• Turbidity sensors
• DO sensors
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Global Water Quality Monitoring Market Segmentation, by Application
- • Residential
Global Water Quality Monitoring Market Geographic Scope
- • North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Latin America
• Rest of the World
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