Water Quality Monitoring Market: Top Applications Water quality monitoring systems collect and analyze data to observe a set of parameters and ecological & health characteristics of water bodies. These monitoring systems are used in various industries, including pharmaceuticals, life sciences, and food & beverage, to sample and evaluate water quality. Stringent regulations and widespread water contamination raise the need for better water quality monitoring. Accordingly, technological advancements in water quality monitoring are projected to offer growth opportunities. Inkwood Research predicts the global water quality monitoring market to propel with a 5.91% CAGR by 2032, generating a revenue of $9618.20 million during the forecasted years 20232032.
Growing Need for Water Quality Monitoring According to the United Nations, the world's population has multiplied from an estimated 2.5 billion individuals in 1950 to around 8 billion in 2022. Clean water is becoming increasingly scarce as the world's population grows. As a result, industries, governments, and public-health organizations are significantly investing in water quality monitoring to guarantee abundant clean water to sustain life through various applications.