Water Quality Sensors Market by Type (Chlorine Residual Sensor, Conductivity Sensor, ORP Sensor), Distribution Mode (Offline Mode, Online Mode), Application, End user - Global Forecast 2024-2030

Water Quality Sensors Market by Type (Chlorine Residual Sensor, Conductivity Sensor, ORP Sensor), Distribution Mode (Offline Mode, Online Mode), Application, End user - Global Forecast 2024-2030

The Water Quality Sensors Market size was estimated at USD 2.08 billion in 2023 and expected to reach USD 2.26 billion in 2024, at a CAGR 8.63% to reach USD 3.72 billion by 2030.

Water quality sensors are essential tools for the continuous monitoring of various parameters in water resources, such as lakes, rivers, groundwater, and wastewater systems. These sensors enable efficient management of water resources by providing accurate and real-time data on different indicators of water quality. The water quality sensors market refers to the business landscape surrounding the development, production, distribution, and implementation of devices designed to monitor and analyze various parameters that determine the quality of water in different environments, such as industrial processes, environmental monitoring, wastewater treatment plants, and drinking water supply chains. The driving factors for the water quality sensor market include increased pollution, chemical leakages, degraded soil quality, and a growing need to monitor water quality in the industrial sector. This upward market growth is supported by strict water standards led by the government to monitor and maintain the data concerning water quality. On the other hand, the high production cost of utilization of sensors and lack of water infrastructure hampers the development of the water quality sensors market. However, constant innovations and product development, increasing prominence of water reuse and recycling in resolving the water concern due to water scarcity and rising energy costs, and increasing investments in water and wastewater treatment plants create new growth opportunities for the water quality sensors market.

Regional Insights

Growing demand for safe and clean drinking water in residential and commercial areas and stringent regulations on water quality across countries are expanding the usage of the water quality sensors market. Increased consciousness of safe drinking water among individuals has urged the local governments, corporations, and central government to undertake the usage of water quality sensors for a safe & constant water supply in the Americas. The European government's increased awareness initiatives about water solutions and technology integration are also expected to drive market growth in the European region. The European Union (EU) showcases a strong emphasis on environmental sustainability, with strict guidelines concerning water quality. In the EU, initiatives, including the Water Framework Directive, have accelerated the adoption of advanced sensor systems for real-time monitoring of surface and groundwater resources. The region is also witnessing a surge in investments from governmental agencies and private organizations to foster innovation within the sector. The increasing water treatment projects to establish safe and efficient infrastructure for safe water distribution across the countries in India, Nepal, China, Australia, Thailand, Indonesia, and South Korea, among others, provide considerable scope for the water quality sensor market in Asia-Pacific.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Water Quality Sensors Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Increase in Pollution, Chemical Leakages and Degraded Soil Quality
• Stringent Water Regulations Led by the Government to Monitor and Maintain the Data Concerning Water Quality
• Growing Need to Monitor Water Quality in the Industrial Sector

Market Restraints

• High Production Cost of Utilization of Sensors

Market Opportunities

• Constant Innovations and Product Development
• Increasing Prominence of Water Reuse and Recycling in Resolving the Water Crisis due to Water scarcity and Rising Energy Costs
• Increasing Investments in Water and Wastewater Treatment Plants
• Growing Focus on Developing Multiparameter Sensing Device

Market Challenges

• Lack of Water Infrastructure

Market Segmentation Analysis

• Type: Rising preference for pH sensors for wastewater treatment and food & beverage processing
• Distribution mode: Increasing utilization of online distribution of water quality sensors to monitor parameters through remote access
• Application: Expanding usage of water quality sensors for drinking water quality control
• End User: Growing potential of water quality sensors in treatment plants for ensuring public health and safety

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Water Quality Sensors Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Water Quality Sensors Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

New water pollution monitoring system to make waves in the environmental monitoring sector

A collaborative team of researchers from Scotland, Portugal, and Germany has developed a revolutionary 3D-printed sensor that can detect minute concentrations of pesticides in water samples. This innovative technology is set to streamline water monitoring processes, making them more effective and economical. Surface-enhanced Raman Scattering (SERS) is an emerging chemical analysis tool that utilizes the distinctive frequency variations observed when light interacts with different molecular structures.

NEW EUROPEAN RESEARCH PROJECT

A multidisciplinary team of European researchers initiated a four-year research program called the IBAIA project to develop in situ sensors for real-time water quality monitoring. This research aims to produce four sensor modules based on complementary photonics and electrochemical technologies to improve water quality monitoring and enable the development of water pollution countermeasures.

IIT Guwahati, Bombay, European partners building sensor to check Indian water quality

The LOTUS Indo-European project is a collaborative initiative by the Indian Institute of Technology Guwahati and Bombay and European universities to address water quality issues in India. A key component of this project is a cutting-edge water quality sensor developed by researchers at Universite Gustave Eiffel in partnership with IIT Guwahati and SME EGM Sophie Antipolis, France. The project aims to deliver innovative solutions to ensure maintaining and improving water quality in India.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Water Quality Sensors Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Water Quality Sensors Market, highlighting leading vendors and their innovative profiles. These include Atlas Scientific, LLC, Danaher Corporation, Hanna Instruments, Inc., HORIBA, Ltd., Innovative Sensor Technology IST AG, KROHNE Group, Libelium Comunicaciones Distribuidas SL, Myron L Company, O'Keefe Controls Co., ProMinent Fluid Controls, Inc., Rika Sensors, Schneider Electric SE, Schroeder Industries, Shanghai BOQU Instrument Co.,Ltd, The Miura Group, Thermo Fisher Scientific Inc., and Xylem Inc..

Market Segmentation & Coverage

This research report categorizes the Water Quality Sensors Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type

• Chlorine Residual Sensor
• Conductivity Sensor
• ORP Sensor
• PH Sensor
• TOC Sensor
• Turbidity Sensor
• Distribution Mode
• Offline Mode
• Online Mode

Application

• Agriculture Water Monitoring
• Chemical Leakage Detection In Rivers
• Drinking Water Quality Control
• Fish Farming
• Hydroponics
• Sea Pollution Level Control & Monitoring
• Swimming Pool Remote Measurement
• Waste Water Treatment
• End user
• Treatment Plants
• Water Distribution Facilities

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year