Market Size of APAC Water Automation and Instrumentation Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.10 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
APAC Water Automation & Instrumentation Market Analysis
The Asia Pacific Water Automation and Instrumentation Market is expected to register a CAGR of 8.1% during 2021-2026. The COVID-19 pandemic considerably hampered the production of water automation instrumentation at the beginning of 2020. The lockdown imposed in several countries to curb the spread of the COVID-19 virus caused considerable disruptions in the global supply chain of the parts and components used in the water and wastewater landscape instruments.
- Managing operational costs emerged as one of the biggest challenges of the water industry stakeholders, as the governments are imposing regulations, along with depletion of potable water resources. Expenses relating to labor and energy constitute the largest share in OPEX for water utilities.
- The increasing health concerns for preventing water-borne diseases among consumers augmented the consumption of bottled drinking water. Furthermore, this trend led to increased infrastructure development investments supporting the water automation market.
- There has been an increase in decentralized control systems, with the rise in the number of outstations and varied qualities of water in a region. Automation solutions, such as PLC, help control pump station motor contactors, stirrer motors, and distributed valves and measure the pressure transmitter of the water.
- Technological innovations include taking advantage of previously unusable supplies through improved water desalination and increased industrial efficiency through new water reclaiming technologies. A new breed of water tech automation solutions, especially the Internet of Things (IoT)-based control and monitoring systems combined with SCADA software for water management, can be explored to help solve specific issues.
- In Australia, a need for a SCADA system arises from reducing operational risks and offering cost efficiencies. SCADA system technologies provide utilities with open standards that allow unlimited connections to any database (including SQL), programmable logic controllers (PLC), device, and enterprise system.
