The major players in water automation and instrumentation market are General Electric (U.S.), Siemens AG (Germany), ABB (Switzerland), Emersion Electric (US), Rockwell Automation (US) among others.
(PRWEB) September 26, 2014
According to the new market research report "Water Automation and Instrumentation Market By Process stage (Collection, Treatment and Distribution), Automation Technology, Instrumentation, End user Application and Geography - Analysis & Forecast (2014-2020)", published by MarketsandMarkets, Water Automation and Instrumentation Market is estimated to grow at a CAGR of 11.75% from 2014 to 2020, which includes an in-depth analysis of the market by process stage, automation technology, instrumentation, end user application, and geography.
Browse 86 market data tables, 65 figures spread through 350 Pages and in-depth TOC on "Water Automation and Instrumentation Market"
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The global Water Automation and Instrumentation Market is expected to grow at a CAGR of 11.75%, it holds a great potential across the water industry. Automation and instrumentation is used in many applications because the scarcity of water, population growth, rapid urbanization, and increase in the industrial production demand for more and clean water.
This report describes the market trends, drivers, and challenges with respect to the global Water Automation and Instrumentation Market and projects the market size from 2014 to 2020, based on the process stage, automation technology, instrumentation, end user application, and geography. This report gives a detailed view of the market across regions, namely - the Americas, Europe, the Middle East (Egypt, Kuwait, Qatar, Saudi Arabia, UAE and Others), Asia-Pacific, and Africa. The Americas dominate the market with regards to the market size in terms of value; however, APAC is expected to grow at the highest CAGR in the Water Automation and Instrumentation Market.
The global market for water automation and instrumentation has flourished recently , having Americas as a crown holder of the water automation and instrumentation ecosystem. The major reason for the growth of this market is that water scarcity is increasing across the world, day by day. All industries are looking for technologies to reuse the water, and automation and instrumentation technologies have fulfilled this requirement.
The use of automation is increasing in process industries such as chemical industry, power plants, petro industry, and pharmaceutical. The water automation and instrumentation market is driven by various factors such as water scarcity, growing investments in infrastructure, complexity of water systems, and increasing labor wages.
Water automation and instrumentation has become imperative as there is a never ending need for recycled and clean water from various industries, governments, and municipal corporations. . Water automation and instrumentation carries huge importance due to the increasing water scarcity in the current scenario. According to the survey results gathered by water utility infrastructure company, census, one-third of utilities around the globe report a loss of more than 40%of clean water due to leakages. Thus, the key players in this market are looking forward to capitalize on this opportunity by investing in this market.
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The competitive landscape of the market presents a very interesting picture. The market is witnessing new product launches and large scale collaborations, and agreements and partnerships across the value chain, with a number of tier-one players around the globe.
The major players in the automation and instrumentation market for the water industry are General Electric (U.S.), Siemens AG (Germany), ABB (Switzerland), Emersion Electric (US), Rockwell Automation (US) among others.
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