Growing Awareness Over the Importance of Water Testing Drives the Water Analysis Instrumentation Market, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) February 25, 2015 -- Follow us on LinkedIn – Supply of clean and safe water has been a major challenge confronted by both municipal organizations and industries. Rapid growth in population and industrialization has led to significant contamination of water resources thus aggravating water shortage issues. Water analysis is critical in residential, commercial, and industrial sectors. Demand for water analysis instruments is supported by the growing levels of water contamination and the resulting legislation of stringent water quality control regulations. Water analysis instruments are defined as devices used for determining the biological, physical, and chemical properties of water such as pH meters, pH meter, electrical conductivity meter, dissolved oxygen meter, and turbidity meter. These instruments find applications in monitoring industrial effluents, wastewater and in testing the quality of drinking water.
Technological advancements such as use of electronics and emergence of instruments that test multiparameters are helping transform the market. The market has come a long way from the use of a single instrument to measure each parameter to the development of multi-parameter instrumentation, and online systems for measuring, monitoring, and controlling water quality. Innovation revolving around product simplicity, and ease of use, will help spur adoption among end-users. In the online water analysis instruments market, major technological advances achieved include the use of microelectromechanical systems (MEMS), biosensors and optical sensing. New plug-and-play devices feature sensor technologies, intuitive programming, on-board networking, and hassle-free inbuilt maintenance. pH meters are witnessing significant advances at the functional, material as well as component levels. Growing demand for capabilities to store and share data are leading to the development of pH meters with Bluetooth or USB communication capabilities.
As stated by the new market research report on Water Analysis Instrumentation, Europe represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 12.9% over the analysis period. Growth in the region is led by rising environmental concerns, penalty driven enforcement of water regulations, growing population and the need for safe drinking water, and the rise in the number of certified laboratories for analysis of drinking water contaminants. Laboratory-based water analysis instrumentation represents the largest product market, with growth supported by the ever-present need for analysis of industrial effluents and process water.
Major players covered in the report include The ABB Group, Emerson Process Management, GE Analytical Instruments Inc., Hach Company, Hanna Instruments Inc., Honeywell Process Solutions, Mettler-Toledo International Inc., Thermo Fisher Scientific Inc. and Xylem Inc. among others.
The research report titled “Water Analysis Instrumentation: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US$ for all major geographic markets such as the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World. Market segments analyzed in the report include Laboratory-based Systems, and Online Systems.
For more details about this comprehensive market research report, please click here
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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