Global Surfaced and Ground Water Monitoring Market Size, Share and Trends Analysis Report, By Type (Products and Solution), By Application (Surface Water Monitoring and Ground Water Monitoring), Forecast (2022-2028)

The global surfaced and ground water monitoring market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022-2028). Surface and groundwater enable to meet the ever-increasing demand for water in agriculture, industry, and households. The major factor expected to drive the market growth is the rising contamination of surface and groundwater, the necessity for greater use of reclaimed water, and drought and climate change impacts. As per the Groundwater Conservation Council, approximately 27 trillion gallons of groundwater are withdrawn for use in the US each year which leads to advances in agriculture and industrial activities. In addition, increasing use of advanced technology in developed and developing countries owing to their key advantages such as wireless data offload, durable ceramic sensors, ideal for use in wells, streams, lakes, wetlands, and tidal areas, among others. This enables to create an ideal environment for agriculture and industrialization, which in turn, is boosting the growth of the global surfaced and groundwater monitoring market during the forecast period.

 

Some major players in the market include Campbell Scientific, Inc., Xylem Inc., and Thermo Fisher Scientific Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in December 2021, In-Situ Inc. entered into a partnership with Cleveland Water Alliance to bring water monitoring technology to Great Lakes region. Further, Cleveland Water Alliance is using In-Situ Inc. equipment for a water monitoring solution which was deployed at several river and lake test-bed sites across Northeast Ohio. Furthermore, in December 2020, In-Situ Inc. announced the acquisition of Ajax Environmental and Safety Supply, a Houston-based equipment rental business. Further, it is added that the acquisition will enhance the capabilities of both the companies to lease high-quality environmental monitoring equipment and provide exceptional service to customers across the US.

 

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

 

• Competitive Landscape- Campbell Scientific, Inc., Xylem Inc., and Thermo Fisher Scientific Inc., among others.

 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

 

Global Surfaced and Ground Water Monitoring Market Report by Segment

By Type

• Products
• Solution

By Application

• Surface Water Monitoring
• Ground Water Monitoring

 

Global Surfaced and Ground Water Monitoring Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa