Water Testing and Analysis Market - Global Industry Analysis, Size, Trends & Forecast : 2024

ALBANY, New York, March 7, 2017 –
Rapid urbanization with improved infrastructure and the consistent
demand for safe drinking water are two of the most prominent factors
driving the global water testing and analysis market, according to a
study by Transparency Market Research (TMR). The report, titled “Water
Testing and Analysis Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016–2024,” examines the above mentioned as
well as other factors that may influence the demand in the near future,
and estimates the scenario of the market until 2024. The report has
been prepared to act as a credible document for the players in this
market, helping them in making more informed business decisions. To
present a picture of the competitive landscape, the report also profiles
a number of prominent players of the market for water testing and
analysis.
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The
report observes that water testing and analysis incorporates variety of
tests that measure numerous attributes of water in order to determine
its utility in various industries such as chemicals, pharmaceuticals,
food and beverages, power, wastewater treatment, and electronics. As
these industries have diverse range of requirements, these tests are
performed in gaging a fair idea about the properties of water including
radioactivity, conductivity, turbidity, dissolved gas content, and pH
levels.
According
to the report, high unmet needs in the above mentioned industries,
particularly in the emerging economies, is escalating the demand in the
global water testing and analysis market. Moreover, factors such as
increasing government regulations for water quality, rapid
industrialization and urbanization, and environmental concerns including
pollution and water contamination are other factors augmenting the
demand. However, factors such as reluctance of the end users to adopt
new technology and the initial capital requirements are expected to
hinder the growth rate during the forecast period.
The
global water testing and analysis market can be segmented on the basis
of product into TOC analyzer, dissolved oxygen meter, turbidity meter,
pH meter, conductivity sensor, and others including ion analyzers,
colorimeters, refractometers, spectrophotometers, temperature sensors,
and radioactivity analyzers. Based on product type, the market can be
categorized into portable, handheld, benchtop, and others including
in-line, continuous, and multi-functional meters. By application, the
market for water testing and analysis can be bifurcated into laboratory,
industrial, government, environmental, and others including
agriculture, household, and general applications. Geographically, the
report studies the potential of the regions such as North America, Asia
Pacific, and Europe.
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Some
of the leading companies currently operating in global water testing
and analysis market are General Electric Company, ABB Ltd,, Agilent
Technologies Inc, Emerson Electric Co, Honeywell International Inc,
Danaher Corporation, Global Treat, Inc., CHEMetrics, Inc., Eisenmann
Corp, Horiba, Ltd, Myron L Company, Shimadzu Corporation, and Tintometer
Gmbh.

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