Global Water Automation & Instrumentation Market 2018-2023: Analysis by Water Automation Solutions (DCS, SCADA, PLC), Water Instrumentation Solutions, End-User Industry, and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 9, 2018--The “Global Water Automation and Instrumentation Market - Segmented By Water Automation Solutions (DCS, SCADA, PLC), Water Instrumentation Solutions, End User Industryand Geography - Growth, Trends, and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global water automation and instrumentation market was valued at USD 10.97 billion in 2017 and is projected to reach a value of USD 22.46 billion by 2023, at a CAGR of 12.69% over the forecast period, 2018-2023.
Currently, global issues, such as potable water shortage, poor water quality, and high processing and supply costs are boosting the demand for automation technologies in the water & wastewater treatment industry. Usage of PLC-based systems to control the movement of water through the dam gates and in water level is increasing with rise in investments in dams across the world.
Water instrumentation solutions, like liquid analyzers and level transmitters, are helping chemical and pharmaceutical industries maintain precision. Although high price of sensors might challenge the growth of the market, the reduced operational costs due to their use brings down the total cost of ownership.
Key HighlightsWater Scarcity is Pushing Adoption of Water Automation and Instruments Pressure Transmitter Witness Highest Growth Rate Asia-Pacific Occupied Major Market Share
Developments in the MarketJuly 2017 - Rockwell Automation announced its collaboration with Hon Hai Precision Industry Co. Ltd, also known as Foxconn, to implement connected enterprise and industrial Internet of Things (IIoT) concepts for smart manufacturing.
Companies FeaturedABB Group Siemens AG Schneider Electric SE GE Corporation Rockwell Automation Inc. Mitsubishi Motors Corporation Emerson Electric Yokogawa Electric Corporation Endress+Hauser Pvt. Ltd. Meadwestvaco Corporation EurotekIndia Phoenix Contact NALCO MJK Automation BlueWater Automation
Key Topics Covered
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Water Automation & Instrumentation Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Future of the Water Automation & Instrumentation Market
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Related Topics:Water Treatment,Industrial Automation
INDUSTRY KEYWORD: ENERGY UTILITIES MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 08/09/2018 06:29 AM/DISC: 08/09/2018 06:29 AM