Dissolved Oxygen Sensors Market Size & Share, by Sensor Type (Concentration Cell Sensors, Oxide Semiconductor Sensors, Electrochemical Sensors, Optical Sensors); Application (Wastewater Treatment, Aquaculture, Environmental Sciences) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3945
  • Published Date: Mar 31, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Dissolved Oxygen Sensors Market size is expected to cross USD 980 million by the end of 2035, growing at a CAGR of 6% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of dissolved oxygen sensors was over USD 350 million. Further, the market generated a revenue in the year 2022 owing to the increasing demand for dissolved oxygen sensors from various industries, such as water and wastewater treatment, pharmaceuticals, and food & beverages. The need for wastewater treatment and cleaning, as well as the incidence of water pollution, is also anticipated to drive the need for these sensors. Approximately 68% of the wastewater generated by the high-income countries is believed to be treated by the wastewater treatment plants. A water treatment ratio of 37% is observed in upper-middle-income countries, 27% in lower-middle-income countries, and 7% in low-income countries. Globally, it accounts for nearly 19% of wastewater treatment. The sensors are used to monitor the levels of pollutants in wastewater and to ensure that it meets safety standards. This is important for protecting the environment and public health, and it is also cost-effective for wastewater management systems. Moreover, increasing awareness about water quality and the need to reduce water pollution is also driving the growth of the global dissolved oxygen sensors market.

Oxygen is measured through dissolved oxygen probes by measuring how much enters the sensor via diffusion through a membrane. The membrane used in the probe is permeable to oxygen, but not to other substances. The oxygen molecules then diffuse across the membrane and are detected by the sensor. The sensor then converts the oxygen molecules into an electrical signal, which can then be used to measure the amount of dissolved oxygen in the water. High levels of dissolved oxygen indicate a healthy aquatic ecosystem, while low levels can indicate that the ecosystem is being negatively impacted by pollutants.

These sensors measure the amount of oxygen dissolved in aqueous solutions, which is necessary for the proper functioning of many industries. For instance, oxygen is essential for the aerobic treatment of wastewater, and for the growth of aquatic life in aquaculture. In the environmental sciences, these sensors can be used to monitor the health of rivers, lakes, and oceans.  In addition to these, factors that are believed to fuel the market growth of dissolved oxygen sensors include increasing water scarcity, growing population, and rising awareness of wastewater treatment. As the demand for clean water resources continues to grow, these sensors provide an efficient and reliable method of monitoring dissolved oxygen levels. In addition, with rapid industrialization in a number of regions, the global market for dissolved oxygen sensors is expected to grow at a higher rate. Industrialization leads to an increase in wastewater being discharged into rivers and lakes, which can lead to an increase in pollutants that can reduce the dissolved oxygen content of the water. By monitoring the dissolved oxygen content, industries can ensure that their wastewater discharge does not have a negative impact on the environment.


Dissolved Oxygen Sensors Market
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Dissolved Oxygen Sensors Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~6%

Base Year Market Size (2022)

~USD 350 Million

Forecast Year Market Size (2035)

~USD 980 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Dissolved Oxygen Sensors Sector: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • An Increasing Prevalence Of Contamination Of Water - According to the World Health Organization (WHO), 785 million people lack basic access to drinking water, while 2 billion consume contaminated water. As water contamination increases, it affects the dissolved oxygen levels in the water. This, in turn, has a significant impact on aquatic life and the surrounding environment. Dissolved oxygen sensors can help detect water contamination levels, and therefore the demand for these sensors is increasing.
  • Growing Industrial Activities Worldwide - A comparison of December 2022 with December 2021 reveals that global industrial production, excluding the United States, increased by 1.2%. As industrial activities increase, wastewater contaminated with chemicals and other pollutants is generated in large volumes. To monitor the quality of wastewater, dissolved oxygen sensors are used to detect the presence of pollutants and measure oxygen levels in the water.
  • The Presence of Large Water Treatment Plants- It is estimated that there are 14,740 public-owned water treatment plants serving 235 million people across the country. Water treatment plants need to monitor the levels of dissolved oxygen in the water they are treating, and the sensors enable them to do this quickly and accurately. This in turn helps to ensure that the water is safe for consumption.
  • Rapid Growth of Biotechnology And Pharmaceutical Industries In Developing Economies- A 15% increase over the previous year was recorded in the Indian biotechnology industry in 2022, surpassing USD 80 billion. As of 2021, there were 5,360 biotech startups registered in India, an increase of 1125 from the previous year. The number of startups is expected to increase to 10,000 by 2024. The need for precise and accurate measurements of dissolved oxygen for biotech and pharma industries is essential for their production processes, as any variation in oxygen levels can lead to quality and safety issues with the products.
  • Rapid Urbanization Worldwide - As per World Bank, there are 4.4 billion people living in cities around the world today, representing 56% of the population. In the next few decades, this trend is expected to continue, with a population of more than double its current size expected in the cities by 2050, a time when almost 7/10 of the world's population will live in cities. As more people move to cities, the demand for water increases and the quality of the water decreases. Therefore, these sensors are used to monitor the quality of the water and detect any changes in the oxygen level so that corrective action can be taken.

Challenges

  • High Cost Associated with The Installation of Dissolved Oxygen Sensors- The high cost of installing these sensors is owing to the fact that they are delicate and require specialized knowledge to install and maintain. Additionally, the sensors are sensitive to changes in temperature and pH, so they need to be monitored regularly and recalibrated, which adds to the cost.
  • Poor Awareness amongst Wastewater Treatment Facilities regarding the importance of dissolved oxygen sensors and the lack of technical expertise to operate and maintain them
  • Wastewater-related Diseases that are Susceptible to Aerobic Bacteria


Dissolved Oxygen Sensors Segmentation

Sensor Type (Concentration Cell Sensors, Oxide Semiconductor Sensors, Electrochemical Sensors, Optical Sensors)

The global dissolved oxygen sensors market is segmented and analyzed for demand and supply by sensor type into concentration cell sensors, oxide semiconductor sensors, electrochemical sensors, optical sensors, and others. Out of these segments, the optical sensors segment is estimated to gain the largest market share by the end of year 2035. The growth of the segment can be attributed to the increasing demand for optical sensors for measuring the concentration of oxygen in water bodies due to their advantages such as accuracy, cost-effectiveness, and low power consumption. Additionally, technological advancements in optical sensors provide increased accuracy and stability and the ability to measure a wide range of oxygen concentrations, thus driving the growth of the optical sensors segment. A rapid growth of the food and beverage industry is also expected to contribute to the growth of optical sensors. According to research, grocery sales in the food industry are expected to reach USD 2.5 trillion by 2026, an increase of almost 550 billion. Moreover, online food retailers are expected to see an increase in sales in the coming years. The food and beverage industry is increasingly using optical sensors for quality control, monitoring, and process automation. They are used to detect contaminants, measure moisture levels, and help to ensure that products meet safety standards.

Application (Wastewater Treatment, Aquaculture, Environmental Sciences)

The global dissolved oxygen sensors market is also segmented and analyzed for demand and supply by application into wastewater treatment, aquaculture, environmental sciences, and others. Out of these segments, the aquaculture segment is estimated to gain the largest market share by the end of year 2035. The growth of the segment can be attributed to the rising demand for seafood and the need to ensure better water quality in aquaculture farms are driving the demand for monitoring of water quality parameters, such as dissolved oxygen levels. Additionally, innovations in the field of dissolved oxygen sensors and the need to ensure sustainable aquaculture practices are further contributing to the growth of the aquaculture segment. The increasing focus on food security and the introduction of stringent regulations to ensure sustainable aquaculture practices along with the introduction of advanced dissolved oxygen sensors with a longer lifespan and improved accuracy has increased the demand for these sensors in the aquaculture industry.

Our in-depth analysis of the global market includes the following segments:

       By Sensor Type

  • Concentration Cell Sensors
  • Oxide Semiconductor Sensors
  • Electrochemical Sensors
  • Optical Sensors
  • Others

       By Application

  • Wastewater Treatment
  • Aquaculture
  • Environmental Sciences
  • Others

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Dissolved Oxygen Sensors Industry - Regional Synopsis

APAC Market Statistics

The Asia Pacific dissolved oxygen sensors market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. The growth of the market can be attributed to increased demand for water quality monitoring, rising awareness about aquatic environment protection, and the development of advanced technologies for environmental monitoring. The growing population in the region has increased the demand for water, leading to an increase in water pollution levels. For instance, China's drinking water supply is contaminated by levels of animal and human excreta that, in rural areas, exceed maximum permissible levels by as much as 85%, and in urban areas, by as much as 29%. Dissolved oxygen sensors measure the amount of oxygen dissolved in water, which can be an indicator of the water's health. Additionally, governments in the region are investing heavily in water treatment and monitoring systems, which includes the installation of dissolved oxygen sensors. This is further expected to drive the regional market growth in the coming years.

North American Market Forecast

The North America dissolved oxygen sensors market, amongst the market in all the other regions, is projected to hold the second largest share during the forecast period. Market growth can be attributed to the growing need for water quality monitoring and increasing government regulations for water quality management are driving the demand for dissolved oxygen sensors in North America. Additionally, the region has witnessed rapid industrial growth along with an expansion in the chemical and petrochemical industries over the past few years which rely heavily on the use of dissolved oxygen sensors to monitor and control the quality of their products. For instance, the petrochemical manufacturing industry in the US is expected to grow by 0.5% annually between 2018 and 2023. Water is essential for the chemical and petrochemical industries as it can be used to transport and react with various chemicals and to cool equipment. Sensors measure the level of dissolved oxygen in the water to ensure that the water remains at a desirable level of quality, which is essential for the efficient operation of the chemical processes. Additionally, the availability of government funds for environmental protection and water quality monitoring as well as the presence of large water treatment plants in the region are driving the growth of the market in the North America region.

Europe Market Forecast

Further, the dissolved oxygen sensors market in the Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2035. The growth of the market can be attributed to the increasing focus on the development of water infrastructure, rising investments in wastewater treatment plants, and the increasing number of initiatives taken by the European governments to reduce water pollution. Additionally, the increasing use of dissolved oxygen sensors in water bodies and the rising demand for clean and safe water for irrigation and drinking purposes are expected to fuel the market growth in region.

Research Nester
Dissolved Oxygen Sensors Market Size
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Companies Dominating the Dissolved Oxygen Sensors Landscape

top-features-companies
    • Dow Water & Process Solutions
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Financials
    • Ecolab
    • 3M Purification
    • Siemens
    • Veolia
    • GDF SUEZ
    • Aquatech International
    • Xylem
    • GE Water & Process Technologies
    • Calgon Carbon

In-the-news

In The News

  • Aquatic Informatics Inc., an aeronautical analytics company, has been acquired by HA CHI, a subsidiary of Danaher Corporation. Software solutions are developed for managing and analyzing critical water data by Aquatic Informatics.

  • The Point-of-Entry (PoE) UV-LED water disinfection system is introduced by Acuva Technologies Inc., with flow rates that range from 8 to 20 GPM and minimal maintenance requirements. With the help of UV-LED light, contaminants are broken down on a molecular level, rendering them harmless and ensuring safe drinking water for consumers.


Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 3945
  • Published Date: Mar 31, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising awareness of wastewater treatment and increasing industrial activities are the major factors expected to drive the market growth.

The market is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2023-2035.

Poor awareness amongst wastewater treatment facilities regarding the importance of dissolved oxygen sensors and the lack of technical expertise to operate and maintain them are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Hky Technology Co., Ltd., Metex Corporation, Horiba, Ltd., Mettler Toledo, Campbell Scientific India Pvt. Limited, Emerson Electric Co., Xylem Analytics GmbH & Co. KG., Hach Company (Danaher Corporation), Thermo Fisher Scientific Inc., Honeywell International Inc., and other key market players.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by sensor type, application and by region.

The optical sensors segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Dissolved Oxygen Sensors Market Report Scope
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