Monday September 29 8:05 AM EDT
Company Press Release
Frost and Sullivan - Making the Most Out of a Minimal Situation: The Analytical Instrumentation Market Slims Down
MOUNTAIN VIEW, Calif., Sept. 29 /PRNewswire/ -- With increasingly limited resources, end users in the analytical instrumentation market have had to make do with less. The massive budget cuts that municipal utilities face are resulting in less funds available in areas such as labor and equipment purchases.
According to recent strategic research by Frost & Sullivan, participants in the U.S. Water and Wastewater Analytical Instrumentation Markets remain competitive by cutting costs and developing instruments that allow end users to do more with less labor. Field and on-site wastewater analytical instruments are used to measure or monitor the quality of water at both the municipal and industrial water and wastewater plants.
Most industrial end users would probably not be monitoring if it weren't for the regulations. While increasing cuts in EPA's enforcement budget limits its power, government regulations have been extending their breadth of application: more and more industries and municipalities are finding themselves required to monitor their actions. Since there has been a cut in labor costs to make up for budget reductions, manufacturers are looking for the least expensive option that would guarantee compliance and avoid fines. As a result, the segment to see most growth is the less expensive and less labor intensive portable instrumentation market.
As technology improves, these pocket-sized instruments will replace the larger, more expensive portable equipment in an increasing number of applications. Frost & Sullivan environmental analyst William Stern said that as portable instruments become increasingly reliable, ''People will be buying cheap pocket sized instruments to determine if they need to monitor in the first place.''
Field instruments have been improving technologically, and developments have been made in the accuracy and stability of the results that they produce. The rapid results that are produced by on-site testing provides an accurate picture of the current contents in a sample. Since end users often have to measure many different parameters at once, multiparameter instruments are becoming more reliable and increasingly popular as well.
The analytical instrumentation market is expected to grow at a steady rate, increasing from $229.4 million in 1996 to $315.3 million in 2003. Many public water and wastewater utilities are looking to privatize, an impact that has yet to be determined. Privatized plants will be more willing to invest in expensive instruments if there is a higher value that will cut labor costs or increase plant efficiency.
The technologies in the pH water and wastewater instrumentation research includes the continuous pH, portable pH and the replacement pH. The oxidation-reduction potential (ORP) market includes technologies for the continuous ORP, portable ORP and the replacement ORP. The dissolved oxygen water and wastewater includes the continuous, portable and replacement sensors. The conductivity water and wastewater market technologies include the continuous, portable, and replacement sensors. The turbidity/suspended solids water and wastewater instrumentation market includes the continuous turbidity, portable turbidity, and the suspended solids market. |