China's online water quality analysis instrument market reaches 1.87 billion

In recent years, the market size of China's online water quality analysis instruments reached 1.87 billion yuan (sales from suppliers, excluding VAT), a year-on-year increase of 16.9%. In the crisis, the market accelerated its growth.

This is mainly due to the fact that after 20 years of extensive development, China's heavy industry has gradually entered the stage of industrial upgrading, which has a strong demand for process analytical instruments used to increase production efficiency and quality; It is China's environmental protection policy that has gradually entered the substantive operation stage. The online water quality analysis system for environmental monitoring ushered in an unprecedented development opportunity.

From the perspective of industry distribution, the municipal industry is the largest application industry of online water quality analysis instruments. The market size of online water quality analysis instrument application in the municipal industry is 740 million yuan, accounting for 39.7% of the total market. The petroleum, petrochemical, and chemical industrial chains have made a significant contribution to online water quality analysis instruments. The online water quality analysis instrument market in this industry chain is 450 million yuan, accounting for 24.0% of the total market. Other major application industries include electricity, metallurgy and food industries.