Dublin, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The "Water Automation and Instrumentation Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering.
The water automation and instrumentation market is estimated to be worth US$11.463 billion in 2024, growing at a CAGR of 7.90% and reaching a market size of US$16.762 billion by 2029. 
Recent innovations like better desalination from previously unused water sources alongside new technologies on recycling drainages have resulted in higher productivity levels in industrial facilities.
Moreover, throughout the forecast period, a rapid expansion of the water automation and instrumentation market is expected. This is explained by the growing scarcity of water in the manufacturing sectors for operations and processing. Some of the factors driving the market demand for the water automation and instrumentation market are the escalating concerns about rising supply and processing costs as well as significant events about water intake, water treatment, transmission, and distribution.
Furthermore, the manufacturing sector is now required to install water automation and instrumentation systems in their facilities due to the government's strict regulations aimed at reducing pollution of the soil and water. The manufacturing industries eventually benefit from automation and instrumentation because these tasks are completed automatically, requiring less human intervention, manpower, and labor costs.
Increased demand due to freshwater scarcity is anticipated to increase the market demand
The worldwide water automation and instrumentation market's expansion is mainly attributed to the growing shortage of fresh water and the importance of waste-water treatment. These include the metal, food, and chemical industries, which are using these systems to manage their water usage and disposal more effectively. Regulatory policies are expected to be significant drivers of this demand in North America, where there is rapid industrial development with limited supplies of clean water.
North America is witnessing exponential growth during the forecast period
The global water automation and instrumentation industry is expected to be driven by efficiency, resilience, sustainability, and swift adoption of new technologies. Additionally, there is a constant demand for water automation and instrumentation solutions driven by the rising need for water scarcity, aging infrastructure, data-driven decision-making, digitalization, and smart water networks. A high dependence on artificial intelligence in water automation and instrumentation systems will also support market growth. Overall, North America offers an impressive climate for economic growth and technological advances, which results in significant growth in Canada's and Mexico's water automation systems over time.
Reasons for buying this report:
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
Report Coverage:
- Historical data & forecasts from 2022 to 2029
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Key Attributes
| Report Attribute | Details |
| No. of Pages | 114 |
| Forecast Period | 2024-2029 |
| Estimated Market Value (USD) in 2024 | $11.46 billion |
| Forecasted Market Value (USD) by 2029 | $16.76 billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
Key Topics Covered
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. CXO Perspective
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. WATER AUTOMATION AND INSTRUMENTATION MARKET BY EQUIPMENT
5.1. Introduction
5.2. Pressure and Temperature Transmitter
5.3. Electromagnetic Flowmeter
5.4. Leakage Detector
5.5. Gas Analyzer
5.6. Sludge Densitometer
6. WATER AUTOMATION AND INSTRUMENTATION MARKET BY TECHNOLOGY
6.1. Introduction
6.2. DCS
6.3. SCADA
6.4. PLC
6.5. Others
7. WATER AUTOMATION AND INSTRUMENTATION MARKET BY END-USER INDUSTRY
7.1. Introduction
7.2. Chemicals
7.3. Healthcare
7.4. Automotive
7.5. Aerospace and Defence
7.6. Food and Beverages
7.7. Oil and Gas
7.8. Others
8. WATER AUTOMATION AND INSTRUMENTATION MARKET BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. By Equipment
8.2.2. By Technology
8.2.3. By End-User Industry
8.2.4. By Country
8.2.4.1. USA
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.4. Europe
8.5. Middle East and Africa
8.6. Asia Pacific
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Jacobs Engineering Group Inc.
10.2. ABB
10.3. General Electric
10.4. Mitsubishi Electric
10.5. Siemens
10.6. YOKOGAWA Electric Corporation
10.7. Rockwell Automation
10.8. Emerson Electric
For more information about this report visit https://www.researchandmarkets.com/r/kec7v4
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