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Industry Analysis of Dissolved Oxygen Sensors – Marketing Strategy Analysis, Distributors/Trader By Zaraki Kenpachi - July 9, 2021
The global dissolved oxygen sensors market was valued at US$ 412.1 Mn in 2017 and is projected to expand at a compound annual growth rate (CAGR) of 7.36% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Dissolved Oxygen Sensors Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” Need for minimized installation and maintenance time along with the growing importance of environmental monitoring are primary factors that are expected to boost the market during the forecast period. Human activities such as deforestation and construction have led to global climate change and degradation of the environment. In order to tackle the issue, various government and private institutions are undertaking environmental management. Environmental management also comprises monitoring of water quality by collecting specimens and samples from water bodies to identify biological or physical factors that can affect natural habitats and ecosystems. Furthermore, dissolved oxygen sensors, including optical and electrochemical sensors are being used frequently to monitor the condition of water bodies, including streams, lakes, rivers, and estuaries.