Air and Water Monitoring Revenues to Exceed $25 Billion By 2017

摘要

Regulations and efficiency are two of the largest factors ensuring the growth of the market for air and water monitoring products to more than $25 billion/yr by 2017. This is the conclusion reached in Air and Water Monitoring: World Market published by the Mcllvaine Company (USA). East Asia will experience the largest growth. Air and water monitoring revenues will approach $9 billion/yr. NAFTA will exceed Western Europe by nearly $2 billion. The oil and gas activity in the U.S. is generating a direct as well as indirect monitoring market. Shale oil and gas extraction includes monitoring the product, the fracturing fluids and byproducts. The processing of the raw gas requires additional monitoring. Monitoring of water supplies before fracturing establishes a bench mark. Monitoring during and after fracturing detects any contamination caused by the fracturing.