Monday, 10 September 2018

Water Quality Monitoring Market valued by 4.69 Billion USD by 2025

The report "Water Quality Monitoring Market was valued at USD 2.95 Billion in 2015 and is expected to reach USD 4.96 Billion by 2025, growing at a CAGR of 4.54% between 2016 and 2025. The key opportunity for this market is the growing popularity of the smart city concept. Some of the key factors driving this market are the development of policies and initiatives to reduce environmental pollution level and growing industrial applications for water testing and analysis instruments.

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Browse 47 market data tables and 42 figures spread through 157 Slides and in-depth TOC on “Water Quality Monitoring Market - Global Forecast to 2025”

Laboratory application expected to hold the largest share of the water quality monitoring market during the forecast period

The laboratory application is expected to hold the largest share of the market during the forecast period owing to the increasing concerns regarding environmental issues such as the level of pollutants and the presence of specific microbes in water. Owing to this, monitoring and testing tasks are an important approach to deciding the water quality parameters and assessing the impact on the human health and the environment.

Water Quality Monitoring Market

General Electric Company (GE) is the major market player that offers water testing and analysis solutions globally. GE has many divisions and market segments covering energy management, renewable energy, healthcare, and oil and gas, among others. GE has developed more advanced solutions on different application platforms and is actively launching them; for example, GE launched SaaS through a platform Predix, along with storm and sewer solutions and digital water plant solutions, to improve operational efficiencies.

Water quality monitoring market for TOC analyzers expected to grow at the highest rate during the forecast period

The market for TOC analyzers is expected to witness high growth owing to their versatile applicability and increased attention on environmental issues such as water pollution and water contamination.

Europe expected to hold the largest share of the market during the forecast period

The water quality monitoring market is expected to grow exponentially in Europe. The water quality monitoring activities are conducted in this region because of the increased awareness about water pollution and contamination.

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The key players in the water quality monitoring market are General Electric Company (U.S.), Horiba, Ltd. (Japan), Danaher Corporation (U.S.), and Agilent Technologies (U.S.), among others.

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