Water Testing & Analysis Market Expected to Reach $3.5 Billion by 2019 - New Report By MarketsandMarkets
(PRWEB) April 14, 2015 -- The European region is the leading global manufacturer and exporter of water testing & analysis instruments. The water testing & analysis market in this region is projected to grow at the highest CAGR of 5.0% from 2014 to 2019.
Browse 87 tables and 61 figers spread through 160 pages and in-depth TOC on Water Testing & Analysis Market - Global Trends & Forecast to 2019
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The market has been segmented on the basis of product, product type, and application. The report also identifies the driving and restraining factors of the global market with an analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and the market size is forecast-ed on the basis of key regions such as North America, Europe, Asia-Pacific & Rest of the World (ROW). The key countries are covered and the market size and trends are projected for each region.
This research report includes the market for water testing & analysis used in laboratory, industrial, environmental, government and other applications. The market for global water testing and analysis instruments is projected to grow at a value of $3.5 billion by 2019. Trends such as increasing government regulations for water quality, environmental concerns such as water contamination & pollution, and increasing industrialization & urbanization are driving the global water testing & analysis market. Reluctance for acceptance of new technologies and lack of capital investment are major challenges the water testing & analysis industry faces.
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The European region is the leading global manufacturer and exporter of water testing & analysis instruments. The water testing & analysis market in this region is projected to grow at the highest CAGR of 5.0% from 2014 to 2019
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