23:15 ET Water Quality Sensor Market to increase by USD 1.58 billion from 2022 to 2027, Increasing focus on Monitoring the Water Quality in the industrial sector to Drive Growth - Technavio

23:15 ET Water Quality Sensor Market to increase by USD 1.58 billion from 2022 to 2027, Increasing focus on Monitoring the Water Quality in the industrial sector to Drive Growth - Technavio

NEW YORK, Sept. 14, 2023 /PRNewswire/ -- The water quality sensor market size is expected to grow by USD 1.58 billion from 2022 to 2027. However, the growth momentum of the market will progress at a CAGR of 6.72% during the forecast period. The market is segmented 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). Increasing focus on monitoring the water quality in the industrial sector is a key factor driving market growth. The high demand for water resources is driven by factors such as population growth and urbanization. In addition, utilities are finding it difficult to manage water distribution due to increasing water scarcity and rising energy costs. Water reuse and recycling are increasingly popular to address the water crisis. In addition, water is widely used in many industries such as food and beverage, pharmaceutical, petroleum, chemical, and petrochemical. These industries are increasingly adopting techniques to reuse and recycle the wastewater they generate due to a number of factors such as increasing water pollution and limited access to safe drinking water. Hence, these factors are expected to drive market growth during the forecast period. The report analyses the market size and growth and provides accurate predictions on the growth of the market. View FREE PDF Sample 


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