Sales growth seen for multi-parameter products.
In response, establishments ranging from water treatment facilities and aquaculture farms to paper mills are investing in portable, multi-parameter instrumentation to meet monitoring needs.
Multi-parameter products integrate several functions into one unit. In most applications where water quality analyses are necessary, multiple parameter measurements are required.
An analysis by Frost & Sullivan shows that the continuous products segment generated revenues of $127 million in 2000 and is projected to increase to $171.5 million by 2007.
"The multi-parameter market is experiencing significantly higher growth than other sectors of the industry, a trend that is expected to continue as increasing equipment reliability leads users to replace several single-parameter units with more convenient multi-parameter versions," says Frost & Sullivan industry analyst Nikolai Pitchforth.
"Although multi-parameter instruments are significantly more expensive than single-parameter instruments, over the long term, they will prove to be more cost effective."
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|Title Annotation:||water quality monitoring|
|Publication:||Resource: Engineering & Technology for a Sustainable World|
|Article Type:||Brief Article|
|Date:||Oct 1, 2001|
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