MARKET OUTLOOK
Triton Market Research has estimated that the Europe water quality monitoring market would show an upward trend in terms of revenue, while growing rapidly with a CAGR of 5.45% in the forecast years of 2019-2027.
France, Germany, Spain, Italy, Russia, the UK and countries in rest of Europe together comprise the market for water quality monitoring in the European region.
The Italian water quality monitoring market has gained traction due to abundant sources of freshwater and the readily available potable tap water in the country. Both rural, as well as urban areas in Italy, have 100% access to improved sources of water, making the water quality in the country superior than even that in the US, which has 99% access to improved water sources.
Despite the residents in Italy having access to improved water sources, the quality of water available in the country varies from city to city. For instance, the water quality in Naples is poor as compared to other major cities in the country. Though the water in Naples may be safe for consumption, strains of E.coli can be found in the tap water available in the city. The locals are accustomed to the presence of these bacteria in their water; however, the consumption of this E. coli-infested water can cause serious problems to visitors and tourists.
COMPETITIVE OUTLOOK
The prominent companies in the water quality monitoring market are Evoqua Water Technologies LLC, Danaher Corporation, Heron Instruments, Inc., Emerson Instruments, Inc., RS Hydro, LaMotte Company, Jenco, Teledyne Technologies, Inc. and Agilent Technologies.