Water is the basic requirement of a human life. Every human being alive on the planet depends on it for sustenance. Water covers around 71% of the earth’s surface. The amount of saline water is 96% and the rest is fresh water. The ever-growing population of Asia-Pacific has to sustain itself on the available water. The region is also home to arid lands and deserts where the amount of water is really less. Water automation and instrumentation helps these regions in Asia-Pacific get water so that the people living in this area can live without any problems.
Asia-Pacific region is the most populous region in the world. The population is increasing at a phenomenal pace. Apart from the population, other parameters like the economy are also increasing at a rapid pace. The key to the growing economy is energy. This region is bestowed with large amounts of water. The countries in this region are tapping this to produce large amounts of power. Countries like China and India are one of the largest producers of hydel energy in the world. China has the largest hydel project in the world called the Three Gorges Dam. It is on the Yangtze River and it is the world’s largest power station with an installed capacity of 22,500 MW.
Desalination plants also have a big market in this region because of the amount of sea water in the region and lack of fresh water for many regions. Countries like Australia and Japan use this technology extensively to provide clean drinking water for their citizens. India has one of the big desalination plants in the world at Dahej. The market for water automation and instrumentation will increase with the increase in the demand for water by the multiplying population in the region.
The main restraint of this market which will inhibit the growth is the shortage of skilled personnel. This will seriously hamper the companies that are building cutting edge technology for this market. With companies expanding their operations in different regions, they will get the best workforce to implement the technology which will help create a skilled workforce in different regions of the world.
Major companies in the market like ABB, Siemens, Schneider Electric, GE, Rockwell Automation, Emerson, etc. are pushing for more applications of the water automation and instrumentation devices. These companies have been studied and their strategies have been analyzed in the report. The report is divided by geography where the market share of each region is analyzed and estimates are provided for the period 2016 - 2021. The various applications of water automation and instrumentation devices have been discussed in detail in addition to a comprehensive overview of the market.
DRIVERS
- Increasing demand for housing and infrastructure
- Water scarcity is pushing adoption of water automation and instrumentation technologies
RESTRAINTS
- Shortage of skilled personnel
- Lack of opportunity in developed markets
What the Report Offers
- Market definition for the Asia-Pacific water automation and instrumentation market, along with identification of key drivers and restraints.
- Market analysis for the Asia-Pacific water automation and instrumentation market, with region and country-specific assessments and competition analysis on a global and regional scale.
- Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market in Asia-Pacific.
- Extensively researched competitive landscape section with profiles of major companies along with their share of the market.
- Identification and analysis of the macro and micro factors that affect the water automation and instrumentation market in Asia-Pacific region.
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
