Enjoy complimentary customisation on priority with our Enterprise License!
The water quality sensor market size is estimated to grow at a CAGR of 6.72% between 2023 and 2027. The market size is forecast to increase by USD 1,581.85 million. The growth of the market depends on several factors such as increasing pollution adversely affecting the quality of drinking water, the increasing need to monitor water quality in the industrial sector, and the increase in government regulations.
This report extensively covers market segmentation by application (groundwater, drinking water, wastewater, aquaculture, and others), type (residual chlorine, total organic carbon (TOC) sensor, ph sensor, oxidation-reduction potential (ORP) sensor, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges.
Water Quality Sensor Market Forecast 2023-2027
To learn more about this report, Request Free Sample
Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.
The high demand for water resources is fuelled by factors such as the rising population and urbanization. Additionally, utilities are finding it difficult to manage water distribution due to increasing water scarcity and rising energy costs. There is a growing popularity for water reuse and recycling in order to resolve the water crisis. There is an increasing focus on energy-efficient water recycling solutions and projects by several end-users such as industrial and commercial segments.
Moreover, water is extensively used in many industries such as food and beverage, pharmaceutical, oil and gas, and chemical and petrochemical. These industries are increasingly adopting techniques to reuse and recycle wastewater generated by them due to several factors such as increasing water contamination and limited access to safe water. Furthermore, several stringent rules and guidelines by governments and other legal authorities have forced these industries to monitor water quality on a real-time basis. Hence, such factors are expected to drive the water quality sensor market growth during the forecast period.
There is an increase in PPP investments which is expected to provide high-growth opportunities to market players in the global water quality sensor market. Additionally, there are significant efforts across regions to shift toward the privatization of plants as most of the wastewater treatment operations are run mainly by public entities. Several of these wastewater treatment facilities are equipped with traditional water quality monitoring systems and measuring devices.
Hence, there is a significant need for investment to implement updated technologies and integrate complete wastewater quality monitoring processes. The main advantage of the implementation of updated technologies such as water quality sensors is that it ensures water quality and minimizes the unintentional introduction of contaminants into sewage. Additionally, several municipalities are increasingly focusing on PPP due to financial considerations. Hence, such factors are expected to drive the water quality sensor market growth during the forecast period.
There is an increasing transition of water utilities to smart water networks in which conventional meters are being replaced with smart meters that can collect and communicate data on an almost real-time basis. The main advantage of smart meters is that they can regularly monitor the quality of water and can be done remotely using smart sensors and wireless communication. A smart water network is primarily equipped with water quality sensors that can alert utilities if there is a problem or slight deviation in the quality of water.
The main advantage of the utilization of such technologies is that it allows utilities to have greater insight and control of the water grid. Besides the advantages, these devices have supervisory control and data acquisition (SCADA) for remote access and control which has increased security concerns related to the use of connected devices. Hence, these systems are vulnerable to severe cyber security attacks such as injection of a false node, eavesdropping, and modification of packets. Hence, such factors can hinder the market growth during the forecast period.
The groundwater segment is estimated to witness significant growth during the forecast period. The main purpose of water quality sensors is the monitoring of groundwater and surface water. Some of the key sources of surface water are lakes, rivers, wetlands, and estuaries. The groundwater segment is considered one of the main sources of drinking water for humans. But, factors such as the overuse of groundwater and rising human activities due to rapid urbanization resulted in the depletion of groundwater resources. As a result, it has led to a decline in surface water levels, dried-up wells, and lakes, and led to saltwater intrusion. Additionally, increased use of chemical fertilizers in agricultural land and contamination by municipal drainage has adversely affected the groundwater and surface water levels.
Get a Customised Report as per your requirements for FREE!
The groundwater segment was the largest segment and was valued at USD 922.61 million in 2017. The key parameters of water keep on changing as both the water sources of water such as groundwater and surface water are part of continuous processes and dynamic weather and atmospheric conditions, it is essential to check the quality of water supplies. Hence, these water quality sensors are used to check these parameters such as conductivity, dissolved oxygen, nitrate, pH, oxidation-reduction potential (ORP), salinity, temperature, total dissolved solids, and turbidity. These sensors detect events such as algal blooms, sediment plumes, and floods whether it is groundwater protection, management studies, or continuous monitoring. Hence, such factors are expected to drive market growth during the forecast period.
Based on type, the segment is classified into residual chlorine, total organic carbon (TOC) sensor, pH sensor, oxidation-reduction potential (ORP) sensor, and others. The main purpose for the addition of chlorine in water is that it acts as a disinfectant to remove pathogens from water sources. The concentrated chlorine residue interacts with water and synthesizes chemicals (trihalomethanes) that might lead to heart disease, eczema, asthma, etc. Hence, residual chlorine sensors are implemented in the evaluation of chlorine concentrations in natural waters, surface waters, groundwater, and aquaculture systems. These sensors are embedded with two signal outputs. Additionally, there is increasing adoption of advanced technologies such as IoT which helps in real-time monitoring of residual chlorine levels in water sources. Hence, such factors are expected to drive market growth during the forecast period.
For more insights on the market share of various regions View PDF Sample now!
APAC is estimated to contribute 34% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. One of the main factors which are significantly contributing to the growth of the water quality sensor market in APAC is the increasing demand from the aquaculture segment. Additionally, several countries in APAC such as India and South Korea are emphasizing water quality analysis which fuels demand for the deployment of water quality sensors in wastewater treatment plants.
Factors such as the presence of prominent pharmaceutical and food and beverage companies in the region fuel the demand for water quality sensors which in turn will positively impact the market growth. Furthermore, there are several government policies promoting the adoption of water quality sensors in the region. For example, in February 2019, EC DG Environment under the European Union Horizon 2020 and the Indian Government launched the project LOTUS. Hence, such factors are expected to drive market growth in the region during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global water quality sensor market witnessed a significant slowdown due o the halt in routine operations leading to a severe decline in demand for mining products such as minerals and metals in end-user industries such as construction and manufacturing. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the restoration of operations in end-user industries such as oil and gas, mining, and other industrial operations. Such factors are expected to drive the market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd: The company offers water quality sensors such as optical DO sensors.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
ABB Ltd., Campbell Scientific Inc., Cole Parmer, Danaher Corp., Dwyer Instruments Inc., Emerson Electric Co., HORIBA Ltd., ifm electronic gmbh, KROHNE Messtechnik GmbH, Libelium Comunicaciones Distribuidas SL, PASCO, Reynolds Culligan, scan GmbH, Sensorex USA, Siemens AG, SWAN Analytical USA INC., Thermo Fisher Scientific Inc., Tianjin Sure Instrument Co. Ltd., Zhengzhou Winsen Electronics Technology Co. Ltd., and Endress Hauser Group Services AG.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The water quality sensor market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Water Quality Sensor Market Scope |
|
Report Coverage |
Details |
Page number |
185 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.72% |
Market growth 2023-2027 |
USD 1,581.85 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
5.2 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 34% |
Key countries |
US, China, Japan, Germany, and the UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ABB Ltd., Campbell Scientific Inc., Cole Parmer, Danaher Corp., Dwyer Instruments Inc., Emerson Electric Co., HORIBA Ltd., ifm electronic gmbh, KROHNE Messtechnik GmbH, Libelium Comunicaciones Distribuidas SL, PASCO, Reynolds Culligan, scan GmbH, Sensorex USA, Siemens AG, SWAN Analytical USA INC., Thermo Fisher Scientific Inc., Tianjin Sure Instrument Co. Ltd., Zhengzhou Winsen Electronics Technology Co. Ltd., and Endress Hauser Group Services AG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.