Published Date: 23-Sep-2022
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According to a new report, published by KBV research, The Global Water Quality Monitoring Systems Market size is expected to reach $7.5 billion by 2028, rising at a market growth of 8.3% CAGR during the forecast period.
The Turbidity Sensors segment has shown the growth rate of 8.7% during (2022 - 2028). Turbidity sensors typically measure the amount of light passing through the water in order to determine the amount of suspended solids present. They are utilized in laboratory measurements, wastewater and effluent measurement, the process, and control of drinking water treatment, control instrumentation for settling ponds, sediment transport research, as well as river and stream gauging.
The Utility segment acquired maximum revenue share in the Global Water Quality Monitoring Systems Market by Application in 2021 thereby, achieving a market value of $3.4 billion by 2028. This is due to their increasing demand for transportation, storage, and treatment procedures. Also, the governments of various nations are setting strict standards for water quality, and due to this, it is becoming necessary to meet water quality standards.
The North America market dominated the Global Water Quality Monitoring Systems Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2.8 billion by 2028. The Europe market is exhibiting a CAGR of 7.9% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 9.1% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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