Water Quality Monitoring Equipment Market Size to Grow by $ 1.74 bn through 2020-2024 | Forecast and Trend Analysis
Technavio has been monitoring the water quality monitoring equipment market and it is expected to grow by $ 1.74 bn, accelerating at a CAGR of almost 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Water Quality Monitoring Equipment Market: Emerging Trends to Impact Market Growth
Impact of natural calamities on the water stream to emerge as a key trend in the industrial water quality monitoring equipment market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.
Water Quality Monitoring Equipment Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Agilent Technologies Inc., Campbell Scientific Inc., Danaher Corp., General Electric Co., HORIBA Ltd., In-Situ Inc., Libelium Comunicaciones Distribuidas SL, Teledyne Technologies Inc., Thermo Fisher Scientific Inc., and Xylem Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Technavio has been monitoring the Global Water Quality Monitoring Equipment Market and it is expected to grow by USD 1.74 billion progressing at a CAGR of over 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report
Water Quality Monitoring Equipment Market: Implementation of Pollution Control Programs Will Offer Immense Growth Opportunities
APAC will offer several growth opportunities to market vendors during the forecast period. 33% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for water quality monitoring equipment in APAC. Factors such as increasing pollution is adversely affecting the quality of drinking water, the impact of natural calamities on the water stream, and the implementation of pollution control programs will offer immense growth opportunities. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the water quality monitoring equipment market size.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
Water Quality Monitoring Equipment Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Agilent Technologies Inc., Campbell Scientific Inc., Danaher Corp., General Electric Co., HORIBA Ltd., In-Situ Inc., Libelium Comunicaciones Distribuidas SL, Teledyne Technologies Inc., Thermo Fisher Scientific Inc., and Xylem Inc.are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report
Water Quality Monitoring Equipment Market: Key Highlights of the Report for 2020-2024