India Water Quality Monitoring Systems Market Size & Outlook
India water quality monitoring systems market, 2017-2030 (US$M)
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India water quality monitoring systems market highlights
- The India water quality monitoring systems market generated a revenue of USD 224.0 million in 2023 and is expected to reach USD 452.6 million by 2030.
- The India market is expected to grow at a CAGR of 10.6% from 2024 to 2030.
- In terms of segment, sensors was the largest revenue generating type in 2023.
- Data Analysis and Visualization Tools is the most lucrative type segment registering the fastest growth during the forecast period.
Water quality monitoring systems market data book summary
| Market revenue in 2023 | USD 224.0 million |
| Market revenue in 2030 | USD 452.6 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Sensors |
| Fastest growing segment | Data Analysis and Visualization Tools |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, India accounted for 4.2% of the global water quality monitoring systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China water quality monitoring systems market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 265.6 million by 2030.
Sensors was the largest segment with a revenue share of 78.93% in 2023. Horizon Databook has segmented the India 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 rising concern for providing adequate and safe drinking water for the population is a key factor driving market growth in India. In 2019, the government of India launched the Jal Jeevan Mission (JJM) with the aim of delivering a Functional Household Tap Water Connection (FHTC) to every rural household by 2024.
Under this mission, state governments are tasked with ensuring an adequate supply of safe water to rural households within their jurisdictions. This mission necessitates enhanced resource optimization and transparency in system functionality through real-time monitoring of water supply systems at the district, village, central, and state levels. Consequently, the implementation of smart water quality and quantity monitoring systems across the country will be essential.
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Water Quality Monitoring Systems Market Scope
Water Quality Monitoring Systems Market Companies
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India water quality monitoring systems market size, by type, 2017-2030 (US$M)
India Water Quality Monitoring Systems Market Outlook Share, 2023 & 2030 (US$M)
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