Environmental Regulations Prop Up N.A. Markets For Environmental Analytical Instrumentation, Services
Dublin, Ireland — Research and Markets has announced the addition of Frost & Sullivan's new report: North American Analytical Instrumentation and Services Markets in Environmental Testing to their offering.
This Frost & Sullivan research service titled North American Analytical Instrumentation and Services Markets in Environmental Testing provides an overview of the trends currently affecting the market, an analysis of the key challenges, drivers, and restraints that are impacting market growth, and a breakdown of the market revenue and potential application and end user. In this research, Frost & Sullivan's expert analysts thoroughly examine the following instrumentation technologies: molecular analysis, separation, and elemental analysis.
Stringent Environmental Regulations Prop up the North American Markets for Environmental Analytical Instrumentation and Services
As government and municipal authorities are increasingly waking up to the effects of environmental degradation on the economy, they have begun to strictly enforce and implement several environmental regulations. The stringent norms have ensured a surge in demand for environmental analytical instrumentation and services. Unlike some laboratories that experience seasonal changes in the amount of samples tested, environmental laboratories have to test a steady stream of samples every month. This guarantees the perennial demand for environmental test equipment.
Although North America is a huge market, emerging economies such as China and India have stepped up their environmental monitoring, creating lucrative markets for instrumentation vendors. Meanwhile, North American companies continue to strive to comply with the numerous legislations passed by the Environmental Protection Agency (EPA). These regulations are not only likely to create a steady revenue stream for the participants but also have an economic impact on the way Americans run their businesses.
Variety and Cost effectiveness of Product Offerings Expected to Drive Adoption Rates
Regulations such as the Clean Water Act of 1977 have encouraged analytical instrumentation companies to launch a wide range of devices for monitoring and evaluating air and water samples. "The demand for environmental analytical instrumentation arises mainly from government, contract laboratories, and other research organizations," says the analyst of this research. "Apart from testing drinking water and monitoring air quality, these instruments are used for analyzing and testing waste water from a wide range of industries including chemical, pharmaceutical, biomedical, and petrochemicals."
However, end users' profit margins are narrowing due to the increasing costs of conducting environmental research. Market vendors are, therefore, looking to provide solutions that will help end users lower their costs. They are also keenly aware that laboratories need to improve throughput and reliability in order to become productive and efficient. "Market participants can help achieve this by providing instrumentation that can speed up the laboratory process, thereby improving throughput," says the analyst. "They can also help by designing an easy-to-use equipment or even by providing the right kind of information handling system."
For more information visit http://www.researchandmarkets.com/reports/c79164
SOURCE: Research and Markets