The global water quality monitoring market is estimated to earn USD 4,400 million by 2025, growing 4.4% annually. Due to rising water-borne diseases, the worldwide water quality monitoring market will develop.
Water Quality Monitoring Market
Water quality monitoring is the procedure of inspecting the quality of water. Water quality monitoring inspects the water quality data so as to illustrate the water quality from various water bodies and evaluate the effectiveness of pollution control programs to control water pollution in the water bodies. This monitoring procedure also formulates new measures and methods to mitigate water pollution that can threaten the aquatic ecosystem. The water quality monitoring procedure also measures the physical, chemical, and biological properties and attributes of water that are being examined. Various instruments and devices are utilized in assessing and examining water quality.
The global water quality monitoring market is likely to experience significant growth in the future, owing to the increase in water-borne diseases among the population. The consumption of unhealthy water has spiked the rate of water-borne diseases globally. Furthermore, water bodies get polluted because of water pollution. Water pollution threatens the aquatic ecosystem and disrupts the ecological balance of the earth. Water pollution is a rising concern among the environmental regulatory bodies across the world. Pollution accidents that occur in surface waters, especially in large water bodies and freshwater sources, significantly threaten the overall water supply system. Thus, the growing stringent regulations formulated by the governments and other civic bodies are likely to drive the demand for devices or equipment that are required for water quality monitoring. Additionally, the scarcity of fresh water resources will also contribute to the water quality monitoring market growth in the upcoming years. However, the high device costs that are utilized in water quality monitoring may hamper the Water Quality Monitoring Market growth in the future.
By product type, the water quality monitoring market is segmented into pH meters, turbidity meters, dissolved oxygen analyzers, TOC analyzers, and others. By application, the market is categorized into industrial, laboratories, residential/commercial buildings, and others.
North America held an extensive share of the global water quality monitoring market in 2018 and is expected to continue with its regional authority in the upcoming years as well. This regional growth can be attributed to the stringent rules and regulations, such as Safe Drinking Water Act (SDWA) and the Clean Water Act (CWA), formulated by the government and other regulatory bodies for governing water regulations in the U.S. The Asia Pacific region is expected to provide significant growth opportunities for the global Water Quality Monitoring Market in the future, due to the growing demand for safe and clean drinking water among the regional population, rapid industrialization, and swift urbanization.
Some key players operating in the global water quality monitoring market include Thermo Fisher Scientific, General Electric Company, Agilent Technologies, Honeywell International, Inc., Mettler-Toledo International Inc., Xylem, YSI, Hanna Instruments, LaMotte Company, Shimadzu Corporation, Danaher Corporation, Stevens Water Monitoring Systems, OTT Hydromet, Hydro International, Sea-Bird Coastal, and OAKTON Instruments.