Europe Water Quality Monitoring Market 2023-2030
MARKET OUTLOOK
Triton Market Research’s study on the European water quality monitoring market estimates it to develop with a CAGR of 5.06% in the forecast duration from 2023 to 2030. France, Italy, the United Kingdom, Germany, Spain, and Rest of Europe are included in the market in this region.
There is an abundance of freshwater in Germany, and nearly 11.7% of it is assigned for drinking water. Water quality in the country is regulated by an efficient water management division. The country is renowned worldwide for its water technology & purification processes. The national government implemented water protection measures, such as the preservation of natural habitats, water waste charges, and penalties for water pollution. This has favored the adoption of water quality monitoring systems throughout Germany.
Due to the increasing usage of water for residential and commercial purposes in Spain, the market for water quality monitoring is anticipated to grow steadily over the forecast period. In the past few years, freshwater availability in the country has decreased as a result of decreased rainfall and rising temperatures due to climate change. The demand for water from consumers has increased by 10% even though Spain utilizes 80% of it to cultivate agriculture. And while the demand is rising, water volume is decreasing. To address this growing concern, recent developments in environmental laws and an increase in advocacy organizations have been observed in the country. This is expected to support the market’s growth over the forecast period.
COMPETITIVE OUTLOOK
The distinguished players in the water quality monitoring market include Evoqua Water Technologies Corp, Pentair Plc, Xylem Inc, Agilent Technologies Inc, and Emerson Electric Co.
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