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Increasing Need for Supply of High-Quality Water Drives Growth in the Water Analysis Instrumentation Market, According to New Report by Global Industry Analysts, Inc.
Date:9/17/2013

utomation in monitoring, through real-time evaluation and feedback, make them particularly invaluable in industrial applications. Online water analysis instrumentation is therefore projected to emerge as the fastest growing market. The relatively higher growth expected is in part due to saturation in the laboratory-based water analysis instrumentation market, which witnessed very few technology innovations over the last couple of years. However, growth and penetration in other end-use markets remains limited due to the higher upfront costs and investments associated with these systems.

As stated by the new market research report on Water Analysis Instrumentation, Europe represents the largest market worldwide. Relative saturation of demand has slowed down the pace of growth in various developed markets, including Europe. Increasing awareness over water quality issues meanwhile, have created significant interest in monitoring technologies in developing markets, which are expected to spearhead global growth in the coming years. Asia-Pacific, particularly, is projected to emerge as the fastest growing regional market with a CAGR of 11.3% over the analysis period. Growth in the region is led by environmental concerns, increasing stringency in water regulations, growing population and need for safe drinking water, and strong demand for high-quality water from the industrial sector.

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., Precision Sensing GmbH, Thermo Fisher Scientific Inc. and Xylem Inc. among others.

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