Water Testing and Analysis Market: Rapid Industrialization in EmergingEconomies Augur Well for Future 2024Date: 03-16-2017 04:22 PM CETCategory: Business, Economy, Finances, Banking & InsurancePress release from: Transparency Market Research-Energy
ALBANY, New York, March 7, 2017 Rapid urbanization with improved infrastructure and the consistent demand for safedrinking water are two of the most prominent factors driving the global water testing and analysis market, according to a studyby Transparency Market Research (TMR). The report, titled Water Testing and Analysis Market - Global Industry Analysis,Size, Share, Growth, Trends, and Forecast 20162024, examines the above mentioned as well as other factors that mayinfluence the demand in the near future, and estimates the scenario of the market until 2024. The report has been prepared toact as a credible document for the players in this market, helping them in making more informed business decisions. Topresent a picture of the competitive landscape, the report also profiles a number of prominent players of the market for watertesting and analysis.
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The report observes that water testing and analysis incorporates variety of tests that measure numerous attributes of water inorder to determine its utility in various industries such as chemicals, pharmaceuticals, food and beverages, power, wastewatertreatment, and electronics. As these industries have diverse range of requirements, these tests are performed in gaging a fairidea 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, isescalating the demand in the global water testing and analysis market. Moreover, factors such as increasing governmentregulations for water quality, rapid industrialization and urbanization, and environmental concerns including pollution andwater contamination are other factors augmenting the demand. However, factors such as reluctance of the end users to adoptnew 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 oxygenmeter, 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 categorizedinto portable, handheld, benchtop, and others including in-line, continuous, and multi-functional meters. By application, themarket for water testing and analysis can be bifurcated into laboratory, industrial, government, environmental, and othersincluding agriculture, household, and general applications. Geographically, the report studies the potential of the regions suchas 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.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports andservices. The companys exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight forthousands of decision makers. TMRs experienced team of analysts, researchers, and consultants use proprietary data sourcesand various tools and techniques to gather and analyze information.
TMRs data repository is continuously updated and revised by a team of research experts so that it always reflects the latesttrends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorousprimary and secondary research techniques to develop distinctive data sets and research material for business reports.
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