North America Water Quality Monitoring Market Size By Product, By Application, By Country-Wise Analysis And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
North America Water Quality Monitoring Market Size By Product, By Application, By Country-Wise Analysis And Forecast
North America Water Quality Monitoring Market Size And Forecast
North America Water Quality Monitoring Market was valued at USD 1,254.7 Million in 2018 and is projected to reach USD 2,137.8 Million by 2026, growing at a CAGR of 6.99% from 2019 to 2026.
Rapid industrialization at a global status has brought a wide range of applications that uses the TOC analyzer and has boomed the market. The North America report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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What are Water Quality Monitoring?
Water quality monitoring is a fundamental tool in the management of freshwater resources. With the growing scope of exploring activities, the need for monitoring the water quality is increasing as with various activities there can be several physical & chemical effects on the water which can be harmful to both the aquatic life & humans. Monitoring water quality can be a time-intensive process. The effects of human activities on water quality are both widespread & varied in the degree to which they disrupt the ecosystem and/or restrict water use. Pollution of water by human feces, for example, is attributable to only one source, but the reasons for this type of pollution, its impacts on water quality & the necessary remedial or preventive measures are varied.
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North America Water Quality Monitoring Market Outlook
With growing environmental concerns & rising environmental policies laid by the government authorities and the growing advancement in technology, the wastewater treatment industries are emerging with increased demand for water quality monitoring equipment and devices in order to meet the requirements of clean water. Moreover, rapid industrialization at a global status has brought a wide range of applications that uses the TOC analyzer and has boomed the North America Water Quality Monitoring market.
However, Rapid industrialization at a global status has brought a wide range of applications that uses TOC analyzer and has boomed the market. With changing complex features of the water quality monitoring system, technical issues can arise irrespective of the function. This is expected to be one of the major restraints in the growth of the Water Quality Monitoring market.
North America Water Quality Monitoring Market, Segment Analysis
The North America Water Quality Monitoring Market is segmented on the basis of Product, Application and Country-Wise Analysis.
North America Water Quality Monitoring Market, by Product
To Know More About Product Segment
The market is segmented on the basis of Products into TOC Analyzer, PH Meters, Dissolved Oxygen Analyzers, Turbidity Meters, and Others. North America Water Quality Monitoring Market for TOC Analyzer segment is anticipated to be the largest as well as fastest-growing during the forecast period owing to the factors, such as growing concerns towards usage of high quality of water and the importance of the equipment in nearly all industries for the detection and processing of the water they are supposed to use in there further operations,
North America Water Quality Monitoring Market, by Application
The market is segmented on the basis of Application into Pharmaceuticals, Food and Beverages, and Others. The Industrial segment is expected to have a significant market share during the forecast period due to the wide adoption of water quality monitoring system in-process monitoring across a range of industries.
North America Water Quality Monitoring Market, Country-Wise Analysis
The North America Water Quality Monitoring market is studied on the basis of key countries in the region, namely U.S., Canada and Mexico. U.S. is expected to account for the majority of the market in this region in 2018, which is expected to continue over the forecast period. U.S. also is anticipated to grow at highest CAGR during the forecast period.
U.S. has the largest market share due to the high awareness about water quality and the consequent execution of water quality monitoring activities. The U.S. government established regulations and minimum standards such as the Clean Water Act (CWA) and Safe Drinking Water Act (SDWA), to protect water sources from contamination. This has fueled the demand for water quality monitoring system in the United States.
Competitive Landscape
The market is highly fragmented with the presence of a large number of manufacturers. Some of the major players include Xylem Inc., Agilent Technologies, Danaher Corporation, and Thermo Fisher Scientific, Inc. among others. Danaher Corporation is one of the top five players in the market.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into 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.
North America Water Quality Monitoring Market Infographic
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Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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