Estimates of the 2010 global water analysis instrumentation market range from $2.4 to $5.9 billion. The U.S. market is thought to be about one quarter or one fifth the size of the global market.
Between 2003 and 2010—a time when the United States’ GDP ranged from a gain of 3.5% to a loss of equal magnitude—domestic growth averaged 5.7% annually. It was 5.0% in 2010.
The global market increased 11% annually between 2006 and 2010. This compares quite favorably to the world’s GDP growth rates, which ranged from a gain of 5.3% to a loss of 0.7% over the same period.
- Water producers (like municipalities)
- Commercial testing labs
- Environmental monitoring agencies (like the USGS and EPA)
- Isolated water sources (such as private wells and military outposts)
- Pharmaceutical and cosmetics manufacturers
- Bottled water and other beverage manufacturers
- Thermal power plants
- Agriculture and aquaculture
Steve Maxwell of the TechKNOWLEDGEy Strategic Group has authored several articles about the water industry. Reprints can be accessed through http://www.tech-strategy.com/reprints.htm.