The North America Water Quality Monitoring Systems Market would witness market growth of 7.7% CAGR during the forecast period (2022-2028).
The demand for effective water quality sensors, as well as related systems and equipment, has risen as a result of government initiatives. Thus, during the forecast period, the number of systems used to monitor water quality will increase. Water quality monitoring systems are in high demand due to the serious concerns that the lack of clean drinking water is causing all across the world. The requirement for water quality monitoring systems is growing due to the increasing importance of conserving available water reserves and the rising number of cases of water contamination.
In addition, the negative effects of pollution on the ecosystem have compelled the populace of developing & underdeveloped nations to seek out readily available and reachable water sources, such as lakes & groundwater, in order to quench their thirst. The market for water quality monitoring systems is anticipated to expand as a result of the demand for water with specific properties for use in industries like agriculture, transportation, washing, heat exchange, chemical reactions, recreation, industrial applications, water industry, food processing, and medicine, among others.
North America is home to some of the major market players. Fast-paced urbanization, which places enormous demands on water utilities for high-quality, reliable water supply and related services, as well as the rising adoption of sophisticated technologies for creating innovative solutions to the growing number of challenges in the water management industry, are factors that are driving regional demand for water quality monitoring systems.
The US market dominated the North America Water Quality Monitoring Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,016.1 Million by 2028. The Canada market is poised to grow at a CAGR of 10.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.1% during (2022 - 2028).
Based on Component, the market is segmented into pH Sensors, DO Sensors, Turbidity Sensors, Temperature Sensors, and Others. Based on Application, the market is segmented into Utility, Industrial, Commercial, and Residential. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Water Quality Monitoring Systems Market is Estimated to reach $7.5 Billion by 2028, at a CAGR of 8.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., Horiba Ltd., Danaher Corporation, Evoqua Water Technologies Corporation, Xylem, Inc., Shimadzu Corporation, Pentair PLC, Thermo Fisher Scientific, Inc., Uponor Corporation, and Teledyne Technologies, Inc.
By Component
By Application
By Country
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