Asia Pacific Water Quality Monitoring Systems Market Size & Outlook
Asia Pacific water quality monitoring systems market, 2017-2030 (US$M)
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Asia Pacific water quality monitoring systems market highlights
- The Asia Pacific water quality monitoring systems market generated a revenue of USD 1,168.8 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, sensors was the largest revenue generating type in 2023.
- Data Acquisition Systems is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,168.8 million |
| Market revenue in 2030 | USD 2,124.7 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Sensors |
| Fastest growing segment | Data Acquisition Systems |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensors, Data Acquisition Systems, Data Analysis and Visualization Tools |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.8% of the global water quality monitoring systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,124.7 million by 2030.
Sensors was the largest segment with a revenue share of 80.2% in 2023. Horizon Databook has segmented the Asia Pacific water quality monitoring systems market based on sensors, data acquisition systems, data analysis and visualization tools covering the revenue growth of each sub-segment from 2017 to 2030.
The region's rapid industrialization, urbanization, and population growth have resulted in a heightened awareness of the importance of maintaining clean water sources. Governments across Asia Pacific have implemented stringent regulations to safeguard water quality and public health, thereby driving the demand for advanced monitoring systems.
Increasing investments in water infrastructure and environmental conservation efforts have also propelled market growth. The adoption of smart technologies, including sensor networks, remote monitoring systems, and data analytics, has revolutionized water quality monitoring in the region.
These innovations have enabled real-time monitoring, early detection of contamination events, and proactive decision-making to mitigate water quality issues. Furthermore, the growing emphasis on sustainable development and water resource management has spurred the adoption of comprehensive monitoring solutions to effectively monitor and manage water quality.
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Water Quality Monitoring Systems Market Scope
Water Quality Monitoring Systems Market Companies
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Asia Pacific water quality monitoring systems market size, by country, 2017-2030 (US$M)
Asia Pacific Water Quality Monitoring Systems Market Outlook Share, 2023 & 2030 (US$M)
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