Latin America Water Quality Sensor Market Size & Outlook
The water quality sensor market in Latin America is expected to reach a projected revenue of US$ 637.3 million by 2030. A compound annual growth rate of 7.9% is expected of Latin America water quality sensor market from 2024 to 2030.
Revenue, 2023 (US$M)
$374.2
Forecast, 2030 (US$M)
$637.3
CAGR, 2024 - 2030
7.9%
Report Coverage
Latin America
Latin America water quality sensor market, 2018-2030 (US$M)
Latin America water quality sensor market highlights
- The Latin America water quality sensor market generated a revenue of USD 374.2 million in 2023.
- The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, chlorine residual sensor was the largest revenue generating type in 2023.
- Chlorine Residual Sensor is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 374.2 million |
| Market revenue in 2030 | USD 637.3 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Chlorine residual sensor |
| Fastest growing segment | Chlorine Residual Sensor |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chlorine Residual Sensor |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.9% of the global water quality sensor market in 2023.
- Globally, Asia Pacific 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 4,587.1 million by 2030.
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Water Quality Sensor Market Scope
Water quality sensor market segmentation & scope
End Use
Industrial
Agriculture
Wastewater Management
Drinking Water Treatment
Aquaculture
Countries
U.S.
Canada
Mexico
UK
Spain
Italy
Germany
France
Australia
China
India
Japan
South Korea
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Water Quality Sensor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America water quality sensor market
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