Story perspectives

Water Automation Market to Reach $22 Billion by 2023

2/27/2025

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Summary

Story summary

The water automation and instrumentation market is expected to hit USD 22 billion by 2023, growing at an 8.1% CAGR through 2033.
Innovations in smart grid technologies and IoT are enhancing water management and quality monitoring.
Leading companies such as ABB and Emerson Electric are spearheading advancements via R&D and partnerships.
Notable updates include Schneider Electric's EcoStruxureTM Automation Expert V23.0 and ABB's collaboration with China Telecom for digital solutions.

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Story summary

The water automation and instrumentation market is expected to hit USD 22 billion by 2023, growing at an 8.1% CAGR through 2033.
Innovations in smart grid technologies and IoT are enhancing water management and quality monitoring.
Leading companies such as ABB and Emerson Electric are spearheading advancements via R&D and partnerships.
Notable updates include Schneider Electric's EcoStruxureTM Automation Expert V23.0 and ABB's collaboration with China Telecom for digital solutions.