Water Testing & Analysis Market Worth $3.5 Billion by 2019

DALLAS, March 26, 2015 /PRNewswire/ --

The report "Water Testing & Analysis Market by Product (TOC, PH, DO, Conductivity, Turbidity), Product Type (Portable, Handheld, Benchtop), Application (Laboratory, Industrial, Environmental, Government) & Region - Global Trends & Forecast to 2019", published by MarketsandMarkets, This report defines and segments the water testing & analysis market with analyses and projections of the market size, in terms of value. The global Water Testing & Analysis Instruments Market was valued at $2.7 billion in 2014 which is projected to grow at a CAGR of 5.2% from 2014 to 2019.

Browse 87 tables and 59 figures spread through 160 pages and in-depth TOC on Water Testing & Analysis Market - Global Trends & Forecast to 2019

http://www.marketsandmarkets.com/Market-Reports/water-testing-analysis-market-152624587.html

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The market has been segmented on the basis of product, product type, and application. The report also identifies the driving and restraining factors of the global market with an analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and the market size is forecasted on the basis of key regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The key countries are covered and the market size and trends are projected for each region.

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This research report includes the market for water testing & analysis used in laboratory, industrial, environmental, government and other applications. The market for global water testing and aalysis instruments is projected to grow at a CAGR of 5.2% to reach a value of $3.5 billion by 2019. Trends such as increasing government regulations for water quality, environmental concerns such as water contamination & pollution, and increasing industrialization & urbanization are driving the global water testing & analysis market. Reluctance for acceptance of new technologies and lack of capital investment are major challenges the water testing & analysis industry faces.

The European region is the leading global manufacturer and exporter of water testing & analysis instruments. The Water Testing & Analysis Market in this region is projected to grow at the highest CAGR of 5.0% from 2014 to 2019

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