Frost & Sullivan: US Water And Wastewater Analytical Instrumentation Market To See Steady Growth, Despite Maturity
Regulations, rising skilled-labor costs, process control, and replacements stimulate growth
The established U.S. water and wastewater analytical instrumentation market has high saturation levels along with very few recent technological innovations. Nonetheless, slow and steady growth is anticipated, driven mainly by federal and state level regulations. Continuous analytical instruments will increasingly replace laboratory instruments due to their reliability.
New analysis from Frost & Sullivan’s (http://www.environmental.frost.com) Analysis of the United States Water and Wastewater Analytical Instrumentation Market research finds the water and wastewater analytical instrumentation market earned revenue of $275.3M in 2012 and estimates this to reach $330.7 million in 2018. Falling prices and the increasing value for instruments will likely be a driver through the forecast period. The analysis covers pH/oxidation-reduction potential (ORP), conductivity, turbidity, and total organic carbon (TOC) instrumentation.
For more information on this research, please email Britni Myers, Corporate Communications, at firstname.lastname@example.org, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.
“Larger, municipal end-users are finding their budgets cut each year,” said Energy and Environment Industry Analyst Eric Meliton. “Many customers cannot afford to employ staff that is sufficiently well trained in the use and maintenance of complex instruments. Automated, continuous analytical instruments are simple to use and help reduce long-term costs.”
Several industries use analytical instruments to maximize efficiency and reduce costs through process control, with many larger plants investing in these instruments to reduce labor costs. By using these tools, industries can constantly monitor their processes, detect errors, and make changes immediately. There is little new industrial growth in the United States, but plants that must modernize and become more efficient often invest in online instruments.
“In recent years, there has been a push for replacement of lab instruments with portable and online instruments,” confirmed Meliton. “Laboratory instruments have become far less attractive in any market, where portable and online instruments provide easy-to-use touch-screen controls to a non-technical workforce.”
Going forward, demand is expected to increase for multiparameter instruments. Since end-users in this market typically prefer purchasing products from a single manufacturer, large companies will consolidate and increase their customer base by acquiring specialized companies.
“Successful analytical instrumentation companies in the U.S. developed the ability to meet all of a customer’s needs,” noted Meliton. “This is by providing inexpensive instruments that require minimal maintenance or skilled labor.”
Analysis of the United States Water and Wastewater Analytical Instrumentation Market is part of the Environmental Growth Partnership Services program, which also includes research in the following markets: Global Water and Wastewater Filtration Systems Market, CEO 360 Degree Perspective on the Global Membrane-based Water and Wastewater Treatment Market, and Global Water and Wastewater Disinfection Systems Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
SOURCE: Frost & Sullivan