Water Automation and Instrumentation Market - Forecasts from 2024 to 2029
The water automation and instrumentation market is estimated to be worth US$11.463 billion in 2024, growing at a CAGR of 7.90% and reaching a market size of US$16.762 billion by 2029.
Water automation and instrumentation help control the flow of water out and into processing plants. The main aim of water automation and instrumentation implementations is to increase the treatment efficiency of manufacturing effluents and provide clean water to industries. They also enable efficient use of water by monitoring demand patterns and keeping a record of consumption. Moreover, recent innovations like better desalination from previously unused water sources alongside new technologies on recycling drainages have resulted in higher productivity levels in industrial facilities.
Moreover, throughout the forecast period, a rapid expansion of the water automation and instrumentation market is expected. This is explained by the growing scarcity of water in the manufacturing sectors for operations and processing. Some of the factors driving the market demand for the water automation and instrumentation market are the escalating concerns about rising supply and processing costs as well as significant events about water intake, water treatment, transmission, and distribution.
Furthermore, the manufacturing sector is now required to install water automation and instrumentation systems in their facilities due to the government's strict regulations aimed at reducing pollution of the soil and water. The manufacturing industries eventually benefit from automation and instrumentation because these tasks are completed automatically, requiring less human intervention, manpower, and labor costs.
Water Automation and Instrumentation Market Drivers:
Increased demand due to freshwater scarcity is anticipated to increase the market demand
The worldwide water automation and instrumentation market’s expansion is mainly attributed to the growing shortage of fresh water and the importance of waste-water treatment. These include the metal, food, and chemical industries, which are using these systems to manage their water usage and disposal more effectively. Regulatory policies are expected to be significant drivers of this demand in North America, where there is rapid industrial development with limited supplies of clean water.
Water Automation and Instrumentation Market Geographical Outlook
North America is witnessing exponential growth during the forecast period
The global water automation and instrumentation industry is expected to be driven by efficiency, resilience, sustainability, and swift adoption of new technologies. Additionally, there is a constant demand for water automation and instrumentation solutions driven by the rising need for water scarcity, aging infrastructure, data-driven decision-making, digitalization, and smart water networks. A high dependence on artificial intelligence in water automation and instrumentation systems will also support market growth. Overall, North America offers an impressive climate for economic growth and technological advances, which results in significant growth in Canada’s and Mexico’s water automation systems over time.
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Report Coverage:Historical data & forecasts from 2022 to 2029
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The Water Automation and Instrumentation market is segmented and analyzed as follows:
By EquipmentPressure and Temperature Transmitter
Electromagnetic Flowmeter
Leakage Detectors
Gas Analyzer
Sludge Densitometer
By TechnologyDCS
SCADA
PLC
Others
By End-User IndustryChemicals
Healthcare
Automotive
Aerospace and Defense
Food and Beverage
Oil and Gas
Others
By GeographyNorth America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
South Africa
Others
Asia Pacific
China
Japan
South Korea
India
Others