Market By Component, Application And Geography | Forecast 2019-2027
Triton Market Research has concluded that the North American water quality monitoring market would grow at 4.75% of CAGR in the estimated years between 2019 and 2027.
The countries scrutinized in the water quality monitoring market in North America are:
• The United States
• Canada
The United States water quality monitoring market is one of the largest in the world. Customers in the US have started to opt for water quality testing equipment & systems owing to favorable incentives from the government and advancements in technology. The industrial growth in the country has created a multitude of opportunities for the growth of this market. Moreover, rapid urbanization has raised the demand for water quality monitoring systems in the country.
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Many local water treatment plants, especially in the poor, small and minority communities, are unable to afford the necessary equipment for filtering out contaminants such as industrial wastes, arsenic and nitrates & fecal matter from forming. Moreover, many of the aging distribution pipes in the country that deliver water to millions are likely to lead to contamination, breaks, leaks and bacterial growth. These factors will fuel the demand for the water quality monitoring market in the coming years.
Statistics from the CDC suggest that 42 outbreaks in community water systems were reported in 2013 & 2014; these are alarming numbers that are stagnating the market growth. Considering the impaired source water, aging infrastructure and strained community finances, it is a challenge for the authorities to provide safe water supply for communities across the country. Given the aftereffects of the Flint lead crisis, it becomes imperative to assess the current state of drinking water in the United States.
Heron Instruments designs and manufactures high-quality water monitoring systems. It has developed a wide range of water level measuring instruments for measuring and continually monitoring changes in the water table level. Heron Instruments has strong R&D capabilities and is expanding its range of water level instruments. The new product launches are helping to boost the demand for the water quality monitoring market. The company is headquartered in Dundas, Canada.
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NORTH AMERICA WATER QUALITY MONITORING MARKET - SUMMARY
2.
INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1.
HIGH DEMAND FROM COMMERCIAL SECTOR
2.2.2.
GROWING DEMAND OF PH SENSORS IN WATER-INTENSIVE INDUSTRIES
2.3. PORTER’S FIVE FORCE ANALYSIS
2.3.1.
THREAT OF NEW ENTRANTS
2.3.2.
THREAT OF SUBSTITUTE
2.3.3.
BARGAINING POWER OF SUPPLIERS
2.3.4.
BARGAINING POWER OF BUYERS
2.3.5.
THREAT OF COMPETITIVE RIVALRY
2.4. KEY IMPACT ANALYSIS
2.4.1.
COST
2.4.2.
SCALABILITY
2.4.3.
EASE OF USE
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. MARKET DRIVERS
2.7.1.
UPSURGE IN INDUSTRIAL WASTE AFFECTING WATER QUALITY
2.7.2.
INCREASE IN WATER-RELATED VIRUSES
2.7.3.
ESCALATION IN STRINGENT REGULATIONS IN SEVERAL COUNTRIES
2.8. MARKET RESTRAINTS
2.8.1.
HIGH COSTS LEVIED ON WATER QUALITY MONITORING SYSTEMS
2.8.2.
LACK OF ACKNOWLEDGEMENT IN MANY REGIONS
2.9. MARKET OPPORTUNITIES
2.9.1.
RISE IN DISPOSABLE INCOME
2.10. MARKET CHALLENGES
2.10.1. LACK OF FUNDS IN SEVERAL REGIONS
3.
NORTH AMERICA WATER QUALITY MONITORING MARKET OUTLOOK - BY COMPONENT
3.1. PH SENSORS
3.2. DO SENSORS
3.3. TEMPERATURE SENSORS
3.4. TURBIDITY SENSORS
3.5. OTHERS
4.
NORTH AMERICA WATER QUALITY MONITORING MARKET OUTLOOK - BY APPLICATION
4.1. UTILITIES
4.2. INDUSTRIAL
4.3. COMMERCIAL
4.4. RESIDENTIAL
5.
NORTH AMERICA WATER QUALITY MONITORING MARKET - REGIONAL OUTLOOK
5.1. NORTH AMERICA
5.1.1.
UNITED STATES
5.1.2.
CANADA
6.
COMPETITIVE LANDSCAPE
6.1. XYLEM INC.
6.2. UPONOR CORPORATION
6.3. THERMO FISHER SCIENTIFIC INC
6.4. SHIMADZU CORPORATION
6.5. PENTAIR PLC.
6.6. OAKTON INSTRUMENTS
6.7. HORIBA LTD.
6.8. GENERAL ELECTRIC COMPANY
6.9. EVOQUA WATER TECHNOLOGIES LLC
6.10. DANAHER CORPORATION
6.11. HERON INSTRUMENTS INC.
6.12. EMERSON ELECTRIC CO.
6.13. RS HYDRO
6.14. LAMOTTE COMPANY
6.15. JENCO
6.16. TELEDYNE TECHNOLOGIES INC.
6.17. AGILENT TECHNOLOGIES INC
7.
METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY
TABLE 1: NORTH AMERICA WATER
QUALITY MONITORING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: MARKET ATTRACTIVENESS
INDEX
TABLE 3: VENDOR SCORECARD
TABLE 4: NORTH AMERICA WATER
QUALITY MONITORING MARKET, BY COMPONENT, 2019-2027 (IN $ MILLION)
TABLE 5: NORTH AMERICA WATER
QUALITY MONITORING MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 6: NORTH AMERICA WATER
QUALITY MONITORING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: NORTH AMERICA WATER QUALITY MONITORING MARKET, BY COMPONENT, 2018
& 2027 (IN %)
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: KEY BUYING IMPACT ANALYSIS
FIGURE 4: NORTH AMERICA WATER QUALITY MONITORING MARKET, BY PH SENSORS,
2019-2027 (IN $ MILLION)
FIGURE 5: NORTH AMERICA WATER QUALITY MONITORING MARKET, BY DO SENSORS,
2019-2027 (IN $ MILLION)
FIGURE 6: NORTH AMERICA WATER QUALITY MONITORING MARKET, BY TEMPERATURE
SENSORS, 2019-2027 (IN $ MILLION)
FIGURE 7: NORTH AMERICA WATER QUALITY MONITORING MARKET, BY TURBIDITY
SENSORS, 2019-2027 (IN $ MILLION)
FIGURE 8: NORTH AMERICA WATER QUALITY MONITORING MARKET, BY OTHERS,
2019-2027 (IN $ MILLION)
FIGURE 9: NORTH AMERICA WATER QUALITY MONITORING MARKET, BY UTILITIES,
2019-2027 (IN $ MILLION)
FIGURE 10: NORTH AMERICA WATER QUALITY MONITORING MARKET, BY INDUSTRIAL,
2019-2027 (IN $ MILLION)
FIGURE 11: NORTH AMERICA WATER QUALITY MONITORING MARKET, BY COMMERCIAL,
2019-2027 (IN $ MILLION)
FIGURE 12: NORTH AMERICA WATER QUALITY MONITORING MARKET, BY
RESIDENTIAL, 2019-2027 (IN $ MILLION)
FIGURE 13: NORTH AMERICA WATER QUALITY MONITORING MARKET, REGIONAL
OUTLOOK, 2018 & 2027 (IN %)
FIGURE 14: UNITED STATES WATER QUALITY MONITORING MARKET, 2019-2027 (IN
$ MILLION)
FIGURE 15: CANADA WATER QUALITY MONITORING MARKET, 2019-2027 (IN $
MILLION)