The Global Water Quality Sensor market is projected to grow at a CAGR of around 6.2% during the forecast period, i.e., 2023-28. The rising water pollution due to industrialization, the surge in waterborne diseases, and the presence of stringent government regulation for wastewater disposal by industries are expected to fuel the market.
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Top leading companies in the Global Water Quality Sensor Market includes:
Xylem, Inc, Horiba, Ltd, ABB Ltd, Oakton, Thermo Fisher Scientific, Yokogawa, Eureka Water Probes, In-Situ, Inc, Campabell, Inc, Hatch, Fondriest Environment Inc, Libelium, Geotech Environment Equipments, Optiqua, Others
Possible Restraint: High Cost of Water Quality Sensors to Hamper the Market Growth
The requirement for water quality sensors is witnessing a surge due to their adoption by various end-user sectors, however, the high cost associated with it is hampering the market growth. Sectors like agriculture, aquaculture, fish farming, etc., require water quality sensors for monitoring the grade of the water in use, due to which they are one of the major target consumers for these sensors.
Besides, the high cost of these sensors is preventing this sector to adopt them. As establishments related to agriculture, aquaculture, and fish farming in countries like India, Bangladesh, Vietnam, Thailand, Cambodia, Laos, etc., operate with a dependency on marginal profit, due to which these sensors are an out-of-reach component for these sectors. Thus, the high cost is hampering the potential growth possibility of the market across the globe.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Type
-Total Organic Carbon (TOC)
-Residual Chlorine Sensor
-Turbidity Sensor
-Conductivity Sensor
-pH Sensor
-ORP (Oxidation-reduction potential) Sensor
-Others (COD Sensor, Ion Probe Sensor, etc.)
By Application
-Industrial
-Agriculture
-Drinking Water
-Wastewater Management
-Residential
-Others (Aquaculture, Laboratories, etc.)
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Global Water Quality Sensor Market Geographic Reach:
The Geographic Reach of the Global Water Quality Sensor Market evaluates the spread and significance of Global Water Quality Sensor market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
· North America: US, Canada, Mexico
· Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
· Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
· South America: Brazil, Argentina, Rest of South America
· Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
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