Market Insight : Water Quality Monitoring Equipment Market Globally Grow at a CAGR of 6.03% by Revenue During the Forecast Period 2017-2021
Fresh water is less than 1% of the total water available on earth. This percentage is declining due to a number of reasons that are mostly manmade, including depletion of aquifers, rapid urbanization, increase in population, and the associated climate changes. While water is available in limited quantity, its demand has been increasing at an exponential rate owing to the rise in agricultural activities and rapid industrialization. In the past 20 years, the consumption of water has doubled. It is estimated that, if water consumption and wastage continues at the current rate, the world population living in areas that do not have adequate water supply will gradually increase. The remedy to counter such a situation is conservation, management, and recycling of water.
Technavios analysts forecast the global water quality monitoring equipment market to grow at a CAGR of 6.03% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global water quality monitoring equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of water quality monitoring equipment.
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Segments based on geography:
Technavio’s report, Global Water Quality Monitoring Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
GE Water & Process Technologies
Thermo Fisher Scientific
Other prominent vendors
Libelium Comunicaciones Distribuidas
Stevens Water Monitoring Systems
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