Market revenue in 2023 | USD 1,646.7 million |
Market revenue in 2030 | USD 2,401.6 million |
Growth rate | 5.5% (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 |
Sensors was the largest segment with a revenue share of 79.58% in 2023. Horizon Databook has segmented the U.S. 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.
Water pollution is a significant concern in the U.S., prompting officials in various states and cities to take measures to ensure the safety of water supply. These efforts, coupled with technological advancements in water quality testing equipment and systems, have driven the adoption of such technologies.
Consequently, the water quality monitoring systems market is anticipated to experience growth in the coming years. Moreover, the presence of major market players, such as Danaher Corporation, Xylem, and Teledyne Technologies Incorporated, bodes well for the market growth.
The U.S. held the largest market share due to the high awareness about water quality and the proactive implementation of water quality monitoring activities. The U.S. government has established key regulations and standards, such as the Clean Water Act (CWA) and the Safe Drinking Water Act (SDWA).
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