Global Water Quality Monitoring Devices Market to Reach US$ 4.3 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Water Quality Monitoring Devices estimated at US$ 3.1 Billion in the year 2020, is projected to reach a revised size of US$ 4.3 Billion by 2027, growing at a CAGR of 5% over the analysis period 2020-2027.TOC Analyzers, one of the segments analyzed in the report, is projected to grow at a 5.8% CAGR to reach US$ 1.3 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Turbidity Meters segment is readjusted to a revised 4.9% CAGR for the next 7-year period. This segment currently accounts for a 23.2% share of the global Water Quality Monitoring Devices market.
The U.S. Accounts for Over 23.1% of Global Market Size in 2020, While China is Forecast to Grow at a 7.3% CAGR for the Period of 2020-2027
The Water Quality Monitoring Devices market in the U.S. is estimated at US$ 711 Million in the year 2020. The country currently accounts for a 23.07% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$ 671 Million in the year 2027 trailing a CAGR of 7.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR while Rest of European market (as defined in the study) will reach US$ 671 Million by the year 2027.
pH Meters Segment Corners a 19.3% Share in 2020
In the global pH Meters segment, USA, Canada, Japan, China and Europe will drive the 5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$ 464.6 Million in the year 2020 will reach a projected size of US$ 655.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$ 467.9 Million by the year 2027, while Latin America will expand at a 6.4% CAGR through the analysis period. The publisher brings years of research experience to this 7th edition of the report. The 296-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Select Competitors (Total 95 Featured):
Amid the COVID-19 crisis, the global market for Water Quality Monitoring Devices estimated at US$ 3.1 Billion in the year 2020, is projected to reach a revised size of US$ 4.3 Billion by 2027, growing at a CAGR of 5% over the analysis period 2020-2027.TOC Analyzers, one of the segments analyzed in the report, is projected to grow at a 5.8% CAGR to reach US$ 1.3 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Turbidity Meters segment is readjusted to a revised 4.9% CAGR for the next 7-year period. This segment currently accounts for a 23.2% share of the global Water Quality Monitoring Devices market.
The U.S. Accounts for Over 23.1% of Global Market Size in 2020, While China is Forecast to Grow at a 7.3% CAGR for the Period of 2020-2027
The Water Quality Monitoring Devices market in the U.S. is estimated at US$ 711 Million in the year 2020. The country currently accounts for a 23.07% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$ 671 Million in the year 2027 trailing a CAGR of 7.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR while Rest of European market (as defined in the study) will reach US$ 671 Million by the year 2027.
pH Meters Segment Corners a 19.3% Share in 2020
In the global pH Meters segment, USA, Canada, Japan, China and Europe will drive the 5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$ 464.6 Million in the year 2020 will reach a projected size of US$ 655.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$ 467.9 Million by the year 2027, while Latin America will expand at a 6.4% CAGR through the analysis period. The publisher brings years of research experience to this 7th edition of the report. The 296-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Select Competitors (Total 95 Featured):
- ATI UK
- Emerson Electric Co.
- Evoqua Water Technologies LLC
- Hach Company
- Hanna Instruments
- Heron Instruments Inc.
- Honeywell International Inc.
- Horiba, Ltd.
- Hydro International UK Ltd.
- In-Situ Inc.
- Jenco Instruments Inc
- LaMotte Company
- Libelium
- Mettler-Toledo International Inc.
- OAKTON Instruments
- Optiqua Technologies Pte. Ltd.
- OTT Hydromet
- Pentair plc
- RS Hydro
- Sea-Bird Scientific
- Shimadzu Corporation
- Stevens Water Monitoring Systems, Inc.
- SUEZ
- Teledyne Analytical Instruments
- Thermo Fisher Scientific, Inc.
- Xylem, Inc.
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Report Attribute | Details |
---|---|
No. of Pages | 347 |
Published | January 2021 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 3.1 Billion |
Forecasted Market Value ( USD | $ 4.3 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY4. GLOBAL MARKET PERSPECTIVE
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
III. MARKET ANALYSIS
IV. COMPETITION