India Water Analytical Instrument Market Set To Cross USD 51 Million Revenues By 2018
Rapidly developing economy with growing industries like pharmaceutical, chemical, cosmetics, environment, biotechnology, power and water treatment plant are playing a significant role in the development of water analytical instrument market in India.
The market for water analytical instruments in India is growing at a rapid rate as a result of increasing level of impurities and contamination level in the water. Water analytical instrument market has been divided into six segments pH meters, conductivity meter, turbidity meter, dissolved oxygen meter, total organic carbon analyzer and total phosphorous and nitrogen meter for this report. In 2012, pH meters were dominating the revenue share in India water analytical instruments market. However, within next five years TOC Analyzers will emerge as the highest revenue generator in India.
According to a recently published report by TechSci Research, ‘India Water Analytical Instruments Market Forecast and pportunities, 2018’, the water analytical instrument industry of India is expected to witness healthy growth rate over the next five years. It is estimated that the market for water analytical equipments in India will cross revenues of USD 51 Million by 2018. The leading market players being Shimadzu, GE Analytical Instruments, Mettler Toledo, Thermo Fisher Scientific and Xylem Inc. The regulatory guidelines from the Government of India are fuelling in the demand of analytical instrument across the country.
Changing reforms regarding the disposal of water and wastewater, upcoming projects on water and wastewater are likely to drive the growth of this market. Growth of the countries pharmaceutical, petrochemical, chemical, paper and pulp and food industries are also among the major growth drivers of analytical instruments.
“India Water Analytical Instrument Market Forecast and Opportunities, 2018” has analyzed the growth potential of water analytical instruments in India and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the industry.