China will spend more than $1.7 billion for power plant air and water monitoring in 2015. This represents 40 percent of the world’s power plant air and water monitoring purchases. The total monitoring market for all industries will be $29 billion of which China represents 17 percent. China will be the leading continuous emissions monitoring purchaser in 2015 with forecasted purchases of $750 million. Residential/commercial HVAC air monitoring purchases in China will be $1.9 billion in 2015. The uncertainty relative to future growth in the Chinese economy makes the prediction of the 2019 world market more difficult. At an economic growth rate of 7 percent in China, the world market in 2019 will be $33 billion. Click Here For Complete News Release Text
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