Water Automation and Instrumentation Market: Introduction
- Automation and instrumentation is the base of a majority of sophisticated and advanced control systems deployed in industries presently. It is vital for accurate, fast, and easy operation of manufacturing processes in industries. Automation and instrumentation refers to the automatic operation of machines with minimal human intervention through the use of several control techniques. Water automation and instrumentation is used to regulate the inward or outward flow of water from the manufacturing plant. The primary objective behind deployment of water automation and instrumentation is to minimize and enhance the treatment of the wastewater flowing out of manufacturing plants. This helps optimize water usage and maintain data regarding the requirement and consumption of water. The market for water automation and instrumentation is projected to expand considerably during the forecast period.
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Key Drivers and Opportunities of Global Water Automation and Instrumentation Market
- Fresh water is a finite and important natural resource that needs to be protected in order to ensure efficient sustainable water management. Rise in scarcity of fresh water and pollution of existing water resources have fueled the demand for water automation and instrumentation systems in various manufacturing companies. This is expected to drive the market for water automation and instrumentation during the forecast period.
- Water is a highly indispensable resource that is required for any industrial process, ranging from metal processing to manufacturing of food and chemicals. Thus, water automation and instrumentation is expected to be widely deployed across different industries globally owing to a rise in awareness regarding water management. Due to stringent environmental regulations to establish control over water as well as soil pollution, it becomes mandatory for manufacturers to install water automation and instrumentation system. This is expected to boost the demand for water automation and instrumentation system in the near future.
- Furthermore, introduction of advanced smart water management systems is another factor boosting the water automation and instrumentation market. Increase in wages of labors employed for water management processes is major challenge faced by manufacturers. This can be overcome by installing water automation and instrumentation systems, as they offer low cost of operation. However, high initial cost for installation of these systems may hinder the water automation and instrumentation market.
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North America to Hold Major Share of Global Water Automation and Instrumentation Market
- In terms of region, the global water automation and instrumentation market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- North America is expected to hold a major share of the global automation and instrumentation market during the forecast period. The region has been witnessing consistent investments in wastewater treatment. Furthermore, heavy investment are expected to cater to new projects and enhance current wastewater treatment projects.
Key Players Operating in Global Water Automation and Instrumentation Market
- ABB Ltd.
- CH2M Hill Inc.
- Emerson Electric Company
- Endress + Hauser AG
- General Electric Company
- Mitsubishi Electric Corporation
- Rockwell Automation Inc.
- Siemens AG
- Yokogawa Electric Corporation
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