Global Water Automation and Instrumentation Market - By Automation Solutions (Distribution Control System, Supervisory Control and Data Acquisition , Programmable Logic Controller, Identity and Access Management Human Machine Interface), Water Instrumentation Solutions (Pressure Transmitter, Level Transmitter, Temperature Transmitter, Liquid Analyzers, Gas Analyzers, Leakage Detection Systems, Density Measurement), Industry, Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - Automobile & Transportation | No. of Pages - 100 | Published By - Mordor Intelligence

Report Highlights

The Global Water Automation and Instrumentation market is valued at USD 11.09 billion in 2016 and is expected to reach a value of USD 22.60 billion by the end of 2022, growing at a projected CAGR of 12.6% during the forecast period of 2017 - 2022. Water is one of the most important resources humans have. Water is one of the key components to sustaining life in the world. The amount of water on the earth is roughly 71%. This vast natural resource should have been enough to sustain the increasing population but this is not the case. This is because around 96% of the water is saline and only 4% of it is fresh water that can be consumed and used for other activities. The availability of fresh water is also staggered in different regions where some places like deserts and arid areas have really less availability of fresh water.

The market will grow because of the increase in the requirement for water in different places that face water scarcity and also places that will increase their operations of desalination. North America is the major market for water automation and instrumentation with Asia-Pacific region growing at the fastest pace in the period 2017 - 2022.

Automation and instrumentation have helped a lot of sectors improve their services and in the same way it has also affected the water industry. It has brought water to everybody's house, got clean drinking water in every region, helped in waste water treatment, desalination, etc. All these have helped millions of people around the world. It has also helped get us power from it which has benefited a lot of countries who produce a lot of power from hydel power plants.

The main restraint of this market which will inhibit the growth is the shortage of skilled personnel. This will seriously hamper the companies that are building cutting edge technology for this market. With companies expanding their operations in different regions, they will get the best workforce to implement the technology which will help create a skilled workforce in different regions of the world.

Major companies in the market like ABB, Siemens, Schneider Electric, GE, Rockwell Automation, Emerson, etc. are pushing for more applications of the water automation and instrumentation devices. These companies have been studied and their strategies have been analyzed in the report. The report is divided by geography where the market share of each region is analyzed and estimates are provided for the period 2017 - 2022. The various applications of water automation and instrumentation devices have been discussed in detail in addition to a comprehensive overview of the market.

DRIVERS

Increasing demand for housing and infrastructure

Water scarcity is pushing adoption of water automation and instrumentation technologies

RESTRAINTS

Shortage of skilled personnel

Lack of opportunity in developed markets

 

What the Report Offers

1. Market definition for the global water automation and instrumentation market, along with identification of key drivers and restraints for the global as well as regional market.

2. Market analysis for the global water automation and instrumentation market, with region-specific assessments and competition analysis on a global and regional scale.

3. Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.

4. Extensively researched competitive landscape section with profiles of major companies along with their share of the market.

5. Identification and analysis of the macro and micro factors that affect the water automation and instrumentation market on both global and regional scale.

6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

 

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