About Water Quality Monitoring Equipment
Fresh water is less than 1% of the total water available on earth. This percentage is declining due to a number of reasons that are mostly manmade, including depletion of aquifers, rapid urbanization, increase in population, and the associated climate changes. While water is available in limited quantity, its demand has been increasing at an exponential rate owing to the rise in agricultural activities and rapid industrialization. In the past 20 years, the consumption of water has doubled. It is estimated that, if water consumption and wastage continues at the current rate, the world population living in areas that do not have adequate water supply will gradually increase. The remedy to counter such a situation is conservation, management, and recycling of water.
The global water quality monitoring equipment market to grow at a CAGR of 6.03% during the period 2017-2021.