The Water And Wastewater Sensors Market size is estimated at USD 65.78 billion in 2024, and is expected to reach USD 96.61 billion by 2029, growing at a CAGR of 7.40% during the forecast period (2024-2029).
The global water and wastewater sensors market presents a highly fragmented competitive landscape, marked by the presence of numerous market vendors worldwide. A commitment to innovative product development and industry expansion consistently drives market growth. Market participants perceive strategic partnerships and pioneering innovations as pivotal strategies for achieving maximum market penetration.
In April 2022, an innovative Indian startup called RefillBot introduced a groundbreaking remote monitoring and management (RMM) solution designed to enhance access to clean water in local villages. This RMM platform leverages advanced sensor and IoT technologies, enabling real-time, 24/7 monitoring of water quality. Remarkably, it has been successfully deployed across 100 villages in Karnataka state, India, within a span of just four months.
In December 2022, an ambitious collaboration between the Indian Institutes of Technology (IIT) in Guwahati and Bombay, in conjunction with European institutes, embarked on the development of an affordable technology for assessing the quality of potable and other water sources across India. Named the LOTUS Indo-European project, this initiative is a partnership between the Department of Science and Technology and the European Commission. Its primary objective is to provide effective solutions to address water quality issues in Indian households and other regions of the country.
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