Water Automation and Instrumentation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
Albany, NY -- (SBWIRE) -- 03/29/2016 -- The global water automation and instrumentation market is forecast to develop rapidly during the period from 2014 to 2020, due to rising shortage of fresh water. Due to many reasons, existing water resources are being exploited, leading to pollution and depletion. The need to protect fresh water, a chief natural resource, has led to the growing demand for water automation and instrumentation process.
Water Pollution and Scarcity to Drive Demand for Water Automation and Instrumentation Activities
Automation and instrumentation simplifies manufacturing procedures in industries, as all activities can be carried out with greater accuracy, speed, and efficiency. Automation and instrumentation of water helps manage and control the inward and outward flow of water in the manufacturing plant. Water automation and instrumentation gained tremendous acceptance in the recent past, as it enhances the water treatment by regulating records of water consumption and requirement in industries. The water automation and instrumentation market is expected to receive global acceptance in the coming few years.
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Industrial processes such as metal processing, food processing, chemical procedures, and others, cannot be completed without using water. Considering the increasing cases of water exploitation and pollution, many industries have started adopting water automation and instrumentation activities. Many leading players in the market have introduced technically advanced water management systems that can be used in industries. However, increasing labor wages are a challenge for most manufacturers. Application of water automation and instrumentation is expected to cut down the labor costs as well as cost of operation.
The global water automation and instrumentation market is primarily segmented on the basis of equipment, process stage, end-use industry, technology, and geography.
By geography, the global water automation and instrumentation market is divided into regions such as North America, Asia Pacific, Europe, and Rest of the World. Some of the key players in the global water automation and instrumentation market include ABB Ltd., Siemens AG, Yokogawa Electric Corporation, Endress + Hauser AG, Rockwell Automation, Mitsubishi Electric Corporation, General Electric Company, Emerson Electric Company, and CH2M Hill Inc.
Most of the market's leading players have started deploying water automation and instrumentation processes to avoid water pollution and exploitation. For North America, 1% savings in operating costs represent US$500 million in annual savings. GE Automation has served the market by implementing water automation and instrumentation processes for many emerging companies. By deploying water automation and instrumentation processes, GE Automation promises to decrease product defects by 25% and reduce inventory cost by 30% at a manufacturing plant.
Emerson Electric Company has so far served cities such as San Diego, Detroit, and Sacramento with their water automation and instrumentation solutions. With advanced water automation and instrumentation solutions, Emerson assures cleaner and safer water supplies by reducing environmental hazards.
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By type of process stage, the global water automation and instrumentation market is segmented into collection, treatment, and distribution. By equipment, the global water automation and instrumentation market is segmented into pressure and temperature transmitter, electromagnetic flow meters, leakage detection systems, gas analyzer, and others.
By end use, the global water automation and instrumentation market is divided into industries such as metal fabrication, chemical and pharmaceuticals, food and beverage, commercial and industrial, and others.
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