Global Water Automation and Instrumentation Market - Maharashtra - Pune ID1077436Offering about 1 month ago - Bussiness Offer / Proposal - Pune
Global Water Automation and Instrumentation Market is expected to reach US$ 25.88Bn by 2026 from US$ 10.95Bn in 2017 at CAGR of 11.35%.
Water automation and instrumentation market are segmented by water automation solution, water instrumental solution, end-user and region. Water automation solution is divided by DCS, SCADA, and PLC. Water instrumental solution is classified into pressure transmitter, level transmitter, and temperature transmitter. End user is split into chemical, manufacturing, utility, and food & beverage. Region-wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Water automation and instrumentation is the basis of most of the advanced control techniques that exist in the modern industry. It is done the further growth of automation and instrumentation that the industry, as a whole, will address the current challenges that it faces and move forward into the future. The global market for water automation and instrumentation industry is mostly driven by the increasing water scarcity and the growing complexity of water management in water utilities and plants. Growing wages of labours employed for water management processes is a major challenge faced by manufacturers. This can be overcome by installing global water automation and instrumentation systems as it offers a low cost of operation. Moreover, the high initial cost for installation of these systems may hinder the growth is the restraint of water automation and instrumentation market.
Based on the water automation solution, usage of PLC-based systems to control the movement of water through the dam gates and in water level is growing with a rising in investments in dams across the world. Water instrumentation solutions, like liquid analyzers and level transmitters, are assisting chemical and pharmaceutical industries maintain precision.
On the basis of water instrumental solution, pressure transmitter witnesses the highest growth rate of the global water automation and instrumentation market. Absolute, gauge and differential pressure transmitters are several of the different types of pressure transmitters used. These devices help ensure optimal pressure inside operating machinery levels that are compliant with predefined safety levels, which assist improve the safety and durability. The increasing need to ensure safe and consistent operations even under extreme conditions in industries, such as oil & gas, chemical, petrochemical, have spurred the global demand for pressure transmitters.
In terms of region, In the Asia Pacific region, the countries such as India and China have many manufacturing trades which are using water automation and instrumentation to manage and control the utilization of water. Governments are also providing helping hands due to the problem of water scarcity. Owing to urbanization in the European countries, the requirement of water has increased gradually compelling the industries to use water automation and instrumentation, thus boosting the market growth. The United States has many foods and other manufacturing industries that are increasing which is driving the water automation and instrumentation market.
Key players operating in the global water automation and instrumentation market are, ABB Group, Siemens AG, Schneider Electric SE, GE Corporation, Rockwell Automation, Inc., Mitsubishi Motors Corporation, Emerson Electric, Yokogawa Electric Corporation, Endress+ Hauser Pvt Ltd, EurotekIndia, Phoenix Contact, NALCO, MJK Automation, Blue Water Automation.
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