Press release
Water Analysis Instruments Market– Opportunities in Key Application Sectors by 2025
The objectives of this study are as follows:
To define, describe, and forecast the "Water Analysis Instruments " market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Water analysis instruments are used to analyze water to detect the presence of hazardous chemicals and biological agents. Rising population and significant increase in rate of industrialization has increased water pollution notably which is affecting aquatic ecosystems at a global level. Ever increasing demand for safe, clean, and quality water has forced government organizations to undertake major steps against growing issues of water pollution. Water analysis instruments are used to determine the physical, chemical, and biological properties and contaminants in water. Drinking water analysis is a mandatory process as many disease causing micro-organisms and contaminants can pose significant health risks. Chemical disinfectants and their by-products act as a potential source of health risk; therefore, regulatory bodies have enacted stringent regulations related to water quality requirements on the discharge of treated water from industries.
The water analysis instruments market is driven by rising demand for safe and high quality water, increasing investment in refining and petrochemical sectors, and stringent water quality control regulations across the globe. Government initiatives and awareness campaigns due to rising environment concerns, growing population creating huge demand for safe drinking water, and establishment of quality control and safety regulations from government sectors is likely to boost the growth of the water analysis instruments market. Technological advancement in instruments development (from laboratory based to portable and digital based models), and technological shift towards design of multi-parameter instruments is likely to provide growth opportunity to key players. Economic instability, and lack of skilled technicians are the major restraining factors for the growth of the global water analysis instruments market.
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The global water analysis instruments market has been segmented based on instrument type, method of analysis, end-user, and region. In terms of instrument type, the market can be segmented into turbidometer, Floc tester, BOD system, colorimeter, spectrophotometer, electrochemistry instruments, chromatography and others. The turbidometer segment is further classified into portable turbidometer and laboratory turbidometer. Electrochemistry instruments are further segmented on the basis of parameter of analysis into pH meters, ORP meters, conductivity meters, dissolved oxygen meters, and others. Chromatography instruments segment is further classified into gas chromatography and ion chromatography. Based on method of analysis, the global water analysis instruments market is segmented into colorimetric method, titration method, turbidimetric method, electrochemical methods, and respirometric method. Based on application, the market is segmented into drinking water, industrial process water, wastewater management, and others. In terms of end-user, the water analysis instruments market has been segmented into pharmaceutical and oil industries, laboratories, academic and research institutes and others. The pharmaceutical industries segment is likely to dominate the market during the forecast period.
Geographically, the global water analysis instruments market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for a leading share of the global water analysis instrument market owing to presence of large number of pharmaceutical companies and stringent regulations in the U.S., which mandate the requirement for water analysis in these huge pharmaceuticals companies. Shale gas production in the U.S. is also contributing significantly to the growth of the water analysis instruments market in the North America region. Asia Pacific is tipped to have huge potential for growth of the water analysis instruments market owing to rising environmental concerns, the rising need for safe drinking water due to increasing population, and the growing number of certified laboratories for analysis of drinking water contaminants.
Key players operating in the global water analysis instruments market are Xylem Inc., Hach Company, The ABB Group, Hanna Instruments Inc., Mettler-Toledo International Inc., Emerson Process Management, Thermo Fisher Scientific Inc. GE Analytical Instruments Inc., Honeywell Process Solutions and others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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