Steam And Water Analysis System Market
By Component;
Analyzers, Sensors, Sample Coolers and OthersBy Application;
Power & Energy, Oil & Gas, Chemicals, Pharmaceuticals, Food & Beverages and OthersBy End User;
Industrial, Commercial and InstitutionalBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Steam And Water Analysis System Market (USD Million), 2021 - 2031
In the year 2024, the Global Steam And Water Analysis System Market was valued at USD 637.56 million. The size of this market is expected to increase to USD 958.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.
Steam And Water Analysis System Market
*Market size in USD million
CAGR 6.0 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 6.0 % |
| Market Size (2024) | USD 637.56 Million |
| Market Size (2031) | USD 958.65 Million |
| Market Concentration | Medium |
| Report Pages | 380 |
Major Players
- Emerson Electric Co.
- General Electric Company
- ABB Ltd.
- Yokogawa Electric Corporation
- Mettler-Toledo International Inc.
- Endress+Hauser AG
- Thermo Fisher Scientific Inc.
- Honeywell International Inc.
- Hach Company
- SWAN Analytische Instrumente AG
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Steam And Water Analysis System Market
Fragmented - Highly competitive market without dominant players
The Global Steam and Water Analysis System (SWAS) market is experiencing significant growth due to the increasing demand for effective monitoring and control systems in power plants and other industrial applications. SWAS are essential for ensuring the purity of steam and water used in various processes, thereby protecting equipment from corrosion and scaling, which can lead to costly maintenance and downtime. The market's expansion is driven by the growing need for reliable and accurate monitoring systems that can enhance operational efficiency and safety.
Key factors contributing to the market's growth include advancements in technology, the rising adoption of SWAS in emerging economies, and stringent regulations regarding water quality and environmental protection. The development of more sophisticated and automated systems has made it easier for industries to monitor and control water and steam quality in real time, reducing the risk of equipment failure and improving overall productivity. Moreover, the increasing awareness of the environmental impact of industrial processes has led to a greater emphasis on water treatment and analysis, further boosting the demand for SWAS.
The market is highly competitive, with numerous players offering a range of products and solutions tailored to various industrial needs. Companies are focusing on innovation and strategic partnerships to enhance their product offerings and expand their market presence. As industries continue to prioritize sustainability and operational efficiency, the demand for advanced SWAS is expected to rise, making it a critical component of modern industrial infrastructure.
Steam and Water Analysis System Market Key Takeaways
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Boiler Feed Water Analysis is the fastest-growing sub-segment, driven by increasing demand for water treatment in power generation.
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Asia Pacific is projected to be the fastest-growing region, fueled by increasing industrialization and energy demand.
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Boiler Water Analysis held the largest share at 40%, followed by Condensate Analysis at 30%, Boiler Feed Water Analysis at 20%, and Saturated Steam Analysis at 10%.
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Power and Energy Industry contributed the largest share at 45%, followed by the Oil and Gas Industry at 30%, Chemicals Industry at 15%, and Mining Industry at 10%.
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Technological advancements in SWAS systems enhance monitoring accuracy and data analytics capabilities.
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Stringent environmental regulations drive market demand for compliance with emissions and effluent standards.
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Increasing adoption of SWAS in emerging economies supports market expansion in Asia-Pacific and Latin America.
Steam And Water Analysis System Market Recent Developments
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In September 2021, ABB launched a compact steam and water analysis system for industrial boiler applications, offering precise monitoring to improve efficiency and operational reliability.
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In March 2023, Forbes Marshall launched a digital SWAS solution for enhanced monitoring of water and steam purity in thermal power plants, improving operational efficiency and reliability.
Steam And Water Analysis System Market Segment Analysis
In this report, the Steam And Water Analysis System Market has been segmented by Component, Application, End User, and Geography.
Steam And Water Analysis System Market, Segmentation by Component
The component mix in steam and water analysis systems reflects differing priorities around reliability, measurement accuracy, compliance, and lifecycle cost. Vendors are aligning product roadmaps with plant digitalization, embedding diagnostics, self-calibration, and remote monitoring to reduce unplanned downtime and tighten process control. Procurement increasingly emphasizes modular skids, faster sample conditioning, and corrosion/erosion resistance to extend service intervals and standardize maintenance across multi-site fleets.
Analyzers
Analyzer demand centers on parameters such as sodium, silica, dissolved oxygen, pH/ORP, and conductivity that underpin boiler integrity and turbine protection. Buyers prioritize instruments with low detection limits, temperature/pressure compensation, and auto-validation capabilities to ensure data quality in aggressive environments. Integration with DCS/PLC and historians supports predictive maintenance, while enclosure designs and IP/NEMA ratings enable reliable operation in outdoor or high-humidity installations.
Sensors
Sensors form the front line of real-time monitoring, and selection is shifting toward ruggedized probes with rapid response and minimal drift for tighter control loops. Specifications now commonly include fast wet-up, chemical compatibility with amines and phosphate blends, and hot-swap probe designs to simplify replacement. Suppliers differentiate through smart sensor electronics that store calibration data and communicate health status to asset management systems to reduce manual intervention.
Sample Coolers
Sample coolers safeguard analyzers by conditioning high-temperature, high-pressure samples, making them critical for measurement stability and asset longevity. End users look for efficient heat transfer, low fouling, and straightforward maintenance access to hold lifecycle costs down. Compact, ASME-compliant designs that integrate with pressure reduction and filtration stages are favored for skids where footprint is constrained and installation timelines are tight.
Others
The “Others” category typically includes sample conditioning components such as filters, pressure regulators, degassers, and flow control hardware that ensure representative sampling. Buyers value standardized manifolds, traceable materials, and quick-connect arrangements that reduce commissioning complexity. Growth here is tied to adoption of pre-engineered SWAS skids that bundle accessories to shorten project schedules and minimize interface risk.
Steam And Water Analysis System Market, Segmentation by Application
Application demand varies with process criticality and regulatory exposure, driving tailored specifications in Power & Energy, Oil & Gas, Chemicals, Pharmaceuticals, and Food & Beverages. Across these verticals, the focus is on water-steam cycle integrity, product quality, and environmental compliance. Vendors are expanding application-specific packages with validated parameter sets, skid standardization, and documentation to speed qualification and reduce total installed cost.
Power & Energy
Utilities and IPPs deploy SWAS to protect HRSG/boilers and turbines, avoiding costly tube failures and efficiency losses due to contaminants. Specifications emphasize redundant analyzers, high-availability designs, and seamless connectivity to plant historians for trending and alarms. As fleets decarbonize and cycle more frequently, operators require fast-start readiness and robust transient response to maintain chemistry control under changing loads.
Oil & Gas
In upstream and downstream assets, SWAS enables control of corrosion, scaling, and fouling across boilers, steam injection, and utilities. Systems are engineered for hazardous areas, with attention to materials selection and sample routing to withstand contaminants. Integration with condition monitoring tools supports reliability programs, while compact skids suit brownfield retrofits where space, access, and shutdown windows are limited.
Chemicals
Chemical producers rely on precise water-steam control to uphold process yields and protect heat exchangers and package boilers. Buyers seek analyzers with strong chemical resistance and matrix tolerance to maintain accuracy in complex streams. Standardized sampling panels and documentation packages accelerate MOC processes and help align with site-wide instrumentation standards.
Pharmaceuticals
Pharma applications prioritize compliance and data integrity, extending SWAS to purified water and clean steam utilities supporting GMP operations. Systems require audit trails, 21 CFR Part 11-ready data handling, and validated calibration to sustain quality control. Skid designs favor sanitary connections, traceable materials, and thorough IQ/OQ documentation to accelerate qualification.
Food & Beverages
Producers employ SWAS to manage boiler chemistry for process steam used in heating, cleaning, and sterilization, with strong emphasis on product safety. Equipment choices highlight hygienic design, easy sanitation, and reliable parameter control to prevent off-spec product and contamination risks. Vendors offering pre-validated skids and clear maintenance protocols gain traction by simplifying compliance.
Others
Additional applications include sectors with significant utility steam usage where equipment protection and operational efficiency matter. Typical drivers include uptime maximization, energy conservation, and adherence to site-specific standards. Growth is supported by retrofit programs and the extension of remote diagnostics to smaller facilities seeking centralized visibility.
Steam And Water Analysis System Market, Segmentation by End User
End-user profiles shape specification depth, spares strategy, and service models across Industrial, Commercial, and Institutional settings. Organizations increasingly value fleet standardization, multi-year service agreements, and digital twins to optimize cost and performance. Vendors differentiate with application engineering, training, and local field support that compress commissioning timelines and raise confidence in long-term operations.
Industrial
Industrial users—spanning power, refining, chemicals, and heavy manufacturing—demand high availability, robust materials, and advanced diagnostics to keep assets online. They prefer scalable SWAS skids that integrate smoothly with existing control platforms and maintenance systems. Decision criteria include total cost of ownership, spare parts continuity, and proven mean time between failures in harsh conditions.
Commercial
Commercial facilities with centralized boilers, such as campuses, data centers, and hospitality, adopt SWAS to stabilize utilities and reduce energy intensity. Buyers look for compact footprints, simplified operator interfaces, and vendor support programs that minimize staffing burdens. Emphasis on remote access and alarm management enables small teams to manage multiple plants effectively.
Institutional
Institutional settings—including healthcare and public sector sites—prioritize compliance, traceability, and risk reduction across utility operations. Procurement favors standardized configurations, clear SOPs, and training resources that ensure consistent performance despite staff turnover. Lifecycle strategies center on preventive maintenance and partnerships that provide rapid field response and predictable budgeting.
Steam And Water Analysis System Market, Segmentation by Geography
Geographic dynamics reflect differences in installed power capacity, industrial base, and regulatory frameworks across regions. Growth correlates with investments in new-build generation, industrial cogeneration, and modernization of aging utilities. Suppliers expand footprints via local service hubs, distributor partnerships, and project execution capabilities tuned to regional codes and documentation requirements.
Regions and Countries Analyzed in this Report
North America
Activity in North America is supported by a large thermal generation fleet, industrial cogeneration, and a mature O&M services ecosystem. Utilities emphasize plant cycling readiness and data integration to sustain reliability under variable loads. Vendors compete on service coverage, retrofit-friendly skid designs, and strong compliance documentation to meet site standards.
Europe
European demand reflects decarbonization, efficiency upgrades, and strict quality and safety requirements across power and process industries. Buyers value compact, energy-efficient conditioning systems and digital diagnostics that align with asset performance programs. Regional preferences include comprehensive validation packages and multi-language HMI support for cross-border operations.
Asia Pacific
Asia Pacific exhibits strong momentum from capacity additions, expanding industrial bases, and investments in utility modernization. Projects prioritize scalable SWAS skids, rapid commissioning, and reliable after-sales support to manage high utilization. Partnerships with local integrators and the availability of spares and training are decisive in vendor selection.
Middle East & Africa
In the Middle East & Africa, opportunities are tied to thermal and desalination complexes, refinery expansions, and utility reliability initiatives. Specifications emphasize high-temperature, high-salinity tolerance and robust enclosures for harsh environments. Providers with regional service hubs, fast field response, and proven project execution in brownfield sites are well positioned.
Latin America
Latin American projects focus on extending plant availability and reducing water-steam cycle risks amid modernization and industrial growth. Buyers favor cost-effective standardized skids, clear maintenance playbooks, and reliable spare parts pipelines. Local partnerships and training programs that build operator capability are important differentiators in competitive tenders.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Steam And Water Analysis System Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Demand for Power Generation
- Stringent Regulatory Standards
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Technological Advancements - The global Steam and Water Analysis System (SWAS) market is witnessing significant growth due to technological advancements aimed at enhancing the efficiency and reliability of power plants and other industrial processes. SWAS is crucial for monitoring and controlling the quality of water and steam in various applications, helping to prevent corrosion and scaling in boilers and turbines. Recent technological developments have led to the creation of more sophisticated and automated systems, which offer higher accuracy, real-time monitoring, and advanced diagnostic capabilities. These innovations are driving the demand for SWAS in industries such as power generation, oil and gas, and chemical processing.
One of the key technological advancements in the SWAS market is the integration of IoT and AI technologies. IoT-enabled SWAS can provide continuous, real-time data on the quality of water and steam, allowing for predictive maintenance and immediate corrective actions. AI algorithms can analyze this data to identify patterns and predict potential issues before they become critical, thereby reducing downtime and maintenance costs. Additionally, advancements in sensor technology have improved the precision and reliability of measurements, ensuring that the systems can detect even the slightest deviations in water and steam quality.
The development of modular and scalable SWAS solutions is gaining traction. These systems can be easily customized and expanded to meet the specific needs of different industries and applications. Modular SWAS solutions offer the flexibility to integrate with existing infrastructure, making them a cost-effective choice for both new installations and retrofits. The combination of these technological advancements is expected to propel the growth of the SWAS market, as industries increasingly recognize the importance of maintaining optimal water and steam quality for operational efficiency and longevity.
Restraints
- High Initial Investment Costs
- Complex Installation and Maintenance
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Availability of Alternative Technologies - The global Steam and Water Analysis System (SWAS) market is witnessing significant growth driven by the increasing demand for efficient monitoring of steam and water quality in various industries such as power generation, oil and gas, and chemical processing. SWAS plays a crucial role in preventing corrosion, scaling, and deposition in boilers and turbines, thereby ensuring operational efficiency and longevity. However, the availability of alternative technologies, such as advanced sensors and digital monitoring systems, poses a challenge to the traditional SWAS market. These alternatives offer enhanced accuracy, real-time data analysis, and reduced maintenance requirements, making them attractive options for industries looking to optimize their processes.
Alternative technologies in the SWAS market, including online monitoring systems and IoT-based solutions, provide significant advantages over traditional systems. Online monitoring systems allow for continuous tracking of water and steam quality, enabling prompt detection of any anomalies and immediate corrective actions. This reduces the risk of equipment failure and unplanned downtimes. Additionally, IoT-based solutions integrate advanced data analytics and machine learning algorithms to predict potential issues before they occur, further enhancing operational reliability. As industries increasingly adopt these advanced technologies, the demand for conventional SWAS may decline, prompting market players to innovate and integrate digital solutions into their offerings.
The competition from alternative technologies, the traditional SWAS market still holds relevance, particularly in regions with established infrastructure and industries that prefer tried-and-tested solutions. Regulatory compliance and stringent environmental standards also drive the continued use of SWAS systems, as they ensure adherence to quality and safety norms. Moreover, the integration of advanced features into existing SWAS systems, such as improved sensors and automated data collection, is helping to bridge the gap between traditional and modern monitoring solutions. Thus, while alternative technologies are reshaping the market landscape, the core SWAS market remains resilient by evolving to meet contemporary industry needs.
Opportunities
- Growth in Renewable Energy Projects
- Expansion in Emerging Markets
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Development of Smart Grid Technologies - The global steam and water analysis system (SWAS) market is poised for significant growth, driven by the rapid development and adoption of smart grid technologies. Smart grids, which integrate advanced communication and control technologies with traditional power networks, enhance the efficiency, reliability, and sustainability of electricity distribution. As these grids become more sophisticated, the need for precise monitoring and control of water and steam quality in power plants and industrial processes becomes critical. SWAS, which provides real-time analysis of steam and water parameters, ensures optimal performance and safety of these systems, thereby aligning perfectly with the goals of smart grid advancements.
The implementation of smart grid technologies necessitates the integration of various components, including SWAS, to maintain the integrity and efficiency of power generation and distribution. Smart grids rely on real-time data to make informed decisions, and SWAS plays a crucial role in providing this data by continuously monitoring the quality of water and steam. This not only helps in preventing corrosion, scaling, and fouling of equipment but also contributes to energy conservation and reduced operational costs. The ability to detect and address issues promptly through SWAS enhances the overall reliability and longevity of power plants, which is essential for the smooth functioning of smart grids.
The increasing emphasis on sustainable energy solutions and stringent regulatory requirements for environmental protection are driving the adoption of SWAS in conjunction with smart grid technologies. As power generation shifts towards cleaner and more efficient sources, the need for meticulous water and steam analysis becomes even more pronounced. SWAS ensures compliance with environmental standards by monitoring and controlling emissions and effluents, thereby supporting the global shift towards greener energy. In this context, the synergy between SWAS and smart grids not only boosts market growth but also contributes to a more sustainable and resilient energy infrastructure.
Steam And Water Analysis System Market Competitive Landscape Analysis
Steam And Water Analysis System Market is witnessing steady transformation as manufacturers emphasize efficiency, reliability, and compliance with stringent standards. Around 65% of suppliers are focusing on integrated monitoring solutions to enhance system performance. Intense competition is driven by innovation, collaboration, and partnerships, shaping a market where differentiation depends on both technical capabilities and service excellence.
Market Structure and Concentration
The market reflects moderate concentration, with nearly 55% of share held by leading companies focusing on sustainable strategies. Mid-sized players are expanding through regional alliances and merger initiatives, strengthening their position. Increasing focus on growth across sectors is leading to balanced competition, where technological expertise and strong distribution channels play critical roles in maintaining influence.
Brand and Channel Strategies
Approximately 60% of manufacturers emphasize multi-channel distribution strategies to strengthen visibility and market reach. Partnerships with utilities and industrial plants are enhancing brand credibility, while digital integration supports faster delivery. The push for advanced service offerings and consistent collaboration has allowed companies to align growth plans with regional demand, ensuring sustained market engagement.
Innovation Drivers and Technological Advancements
Nearly 70% of investments are directed toward technological advancements in sensor accuracy, automation, and digital integration. Continuous innovation is enabling more precise water quality monitoring and reduced maintenance needs. Collaboration with research institutions and cross-industry partnerships are accelerating product development, supporting the long-term growth trajectory of the market through smarter, connected solutions.
Regional Momentum and Expansion
Over 62% of market expansion is concentrated in regions investing heavily in industrial upgrades and energy optimization. Regional players adopt expansion strategies through joint ventures and collaboration with local utilities. Strong policy frameworks and emphasis on innovation are reinforcing supplier competitiveness, with demand for integrated systems driving measurable growth across emerging economies.
Future Outlook
The market’s future is defined by nearly 68% focus on sustainable system design, smart automation, and connected infrastructure. Companies adopting forward-looking strategies will remain competitive as technological advancements shape efficiency improvements. Increasing reliance on digital ecosystems, coupled with ongoing partnerships and collaboration, will sustain long-term growth and support continued expansion across key sectors.
Key players in Steam And Water Analysis System Market include :
- Endress+Hauser Group
- Emerson Electric Co.
- ABB Ltd.
- Siemens AG
- Yokogawa Electric Corporation
- Hach Company
- Mettler-Toledo International Inc.
- Swan Analytical Instruments AG
- Sentry Equipment Corp.
- Forbes Marshall
- Thermo Fisher Scientific Inc.
- Modcon Systems
- Beijing Time Power Measure & Control Equipment Co., Ltd.
- Eureka Industrial Equipment Pvt. Ltd.
- Steam Equipment Pvt. Ltd.
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Component
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Steam And Water Analysis System Market Dynamic
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Demand for Power Generation
- Stringent Regulatory Standards
- Technological Advancements
- Restraints
- High Initial Investment Costs
- Complex Installation and Maintenance
- Availability of Alternative Technologies
- Opportunities
- Growth in Renewable Energy Projects
- Expansion in Emerging Markets
- Development of Smart Grid Technologies
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Steam and Water Analysis System Market, By Component, 2021 - 2031 (USD Million)
- Analyzers
- Sensors
- Sample Coolers
- Others
- Steam and Water Analysis System Market, By Application, 2021 - 2031 (USD Million)
- Power & Energy
- Oil & Gas
- Chemicals
- Pharmaceuticals
- Food & Beverages
- Others
- Steam and Water Analysis System Market, By End User, 2021 - 2031 (USD Million)
- Industrial
- Commercial
- Institutional
- Steam And Water Analysis System Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Steam and Water Analysis System Market, By Component, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Endress+Hauser Group
- Emerson Electric Co.
- ABB Ltd.
- Siemens AG
- Yokogawa Electric Corporation
- Hach Company
- Mettler-Toledo International Inc.
- Swan Analytical Instruments AG
- Sentry Equipment Corp.
- Forbes Marshall
- Thermo Fisher Scientific Inc.
- Modcon Systems
- Beijing Time Power Measure & Control Equipment Co., Ltd.
- Eureka Industrial Equipment Pvt. Ltd.
- Steam Equipment Pvt. Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market

