Solar water purification involves purifying of water for drinking and household purposes by using solar energy in different manners. The use of solar energy for water treatment is increasing, as it is a low-technology solution, which captures heat energy from the sun to purify water for human use. Solar water purifiers are primarily beneficial for rural communities, as most of these communities do not have power grid support or they face a large number of power outages. Use of solar water purifiers eliminates the use of other power-generating sources and helps reduce pollution. Solar panels generate power for a battery that stores energy, which is further used for filtration and purification systems. These structures are generally portable and they are extremely useful for disaster relief. Solar water purifiers come in various sizes and capacities for use in industrial, commercial, and residential applications.
MARKET SCOPE
The "Global Industrial energy monitoring Market Analysis to 2028" is a specialized and in-depth study of the industrial energy monitoring market with a special focus on the global market trend analysis. The report aims to provide an overview of industrial energy monitoring market with detailed market segmentation by type, application, and geography. The global industrial energy monitoring market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial energy monitoring market players and offers key trends and opportunities in the industrial energy monitoring market.
MARKET SEGMENTATION
- The global industrial energy monitoring market is segmented on the basis of type, application.
- On the basis of type, the market is divided into solar water disinfection (SODIS), solar distillation, solar water pasteurization, and solar water treatment systems.
- On the basis of application, it is fragmented into city areas, and rural area.
Drivers:
- Demand for solar water purifiers is increasing, owing to rise in population and increase in the demand for potable water. Also, the use of solar water purifiers reduces pollution as well as dependency on electricity for water purification.
- The increase in public awareness and government initiatives in rural areas is anticipated to fuel the demand of solar water purifiers worldwide during the forecast period.
- Lack of awareness related to environmental initiatives.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The industrial energy monitoring market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the industrial energy monitoring market in these regions.
IMPACT OF COVID-19 ON INDUSTRIAL ENERGY MONITORING MARKET
The industrial energy monitoring market size has grown significantly in recent years. However, due to the outbreak of the COVID-19 pandemic, the market experienced a sharp decline in 2020. This is due to the diminished energy usage in heavy industries such as petroleum, coal, and natural gas. This has led to deflated energy demand across the key economics including U.S., Italy, Germany, UK, and others. However, the market has survived owing to surge in demand from the household energy consumption. The imposition of lockdown has increased home activities such as online shopping, remote work, powering home appliances, cooling or heating home, and streaming entertainment services. Therefore, the application of energy management systems in household energy consumption has increased the demand in the market during the COVID-19 pandemic, having a positive impact on the market.
MARKET PLAYERS
The report covers key developments in the industrial energy monitoring market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from industrial energy monitoringmarket market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial energy monitoring market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Industrial energy monitoring market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ampac USA
- Trunz Water Systems
- Wyckomar Inc.
- Puralytics
- Evaquoa Water Technologies LLC
- Aqua Sun International
- Sunlabob
- Oasis Montana
- EAWC Technologies
- JACKSON