Water Testing Equipment Trends and Forecast
The future of the global water testing equipment market looks promising with opportunities in the industrial, governmental facilities, and private laboratories markets. The global water testing equipment market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are rise in demand for clean water for municipal applications and growing demand for clean water for the production of food & beverages.Water Testing Equipment by Segment
The study includes a forecast for the global water testing equipment by instrument, product type, test type, end use, and region.Water Testing Equipment Market by Instrument [Shipment Analysis by Value from 2018 to 2030]
- TOC Meter
- Ph Meter
- Dissolved Oxygen Meter
- Conductivity Meter
- Turbidity Meter
- Spectrometer
- Chromatograph
- Others
Water Testing Equipment Market by Product Type [Shipment Analysis by Value from 2018 to 2030]
- Portable & Handheld
- Benchtop
Water Testing Equipment Market by Test Type [Shipment Analysis by Value from 2018 to 2030]
- Physical Test
- Chemical Test
- Biological Test
Water Testing Equipment Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Industrial
- Governmental Facilities
- Private Laboratories
- Others
Water Testing Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Water Testing Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies water testing equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the water testing equipment companies profiled in this report include-- Thermo Fisher
- SGS
- Emerson Electric
- Honeywell International
- Danaher
- General Electric Company
- Horiba
- 3M Company
- Mettler-Toledo
- Perkinelmer
Water Testing Equipment Market Insights
The publisher forecasts that spectrometers will remain the largest segment over the forecast period due to accurate test results.Within this market, industrial will remain the largest segment due to favorable government policies.
North America is expected to witness highest growth over the forecast period due to need for safe drinking water.
Features of the Global Water Testing Equipment Market
- Market Size Estimates: Water testing equipment market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Water testing equipment market size by various segments, such as by instrument, product type, test type, end use, and region in terms of value ($B).
- Regional Analysis: Water testing equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different instrument, product type, test type, end use, and regions for the water testing equipment market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the water testing equipment market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for water testing equipment market?Answer: The global water testing equipment market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the water testing equipment market?
Answer: The major drivers for this market are rise in demand for clean water for municipal applications and growing demand for clean water for the production of food & beverages.
Q3. What are the major segments for water testing equipment market?
Answer: The future of the water testing equipment market looks promising with opportunities in the industrial, governmental facilities, and private laboratories markets.
Q4. Who are the key water testing equipment market companies?
Answer: Some of the key water testing equipment companies are as follows:
- Thermo Fisher
- SGS
- Emerson Electric
- Honeywell International
- Danaher
- General Electric Company
- Horiba
- 3M Company
- Mettler-Toledo
- Perkinelmer
Answer: The publisher forecasts that spectrometers will remain the largest segment over the forecast period due to accurate test results.
Q6. In water testing equipment market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to need for safe drinking water.
Q7. Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the water testing equipment market by instrument (TOC meter, pH meter, dissolved oxygen meter, conductivity meter, turbidity meter, spectrometer, chromatograph, and others), product type (portable & handheld and benchtop), test type (physical test, chemical test, and biological test), end use (industrial, governmental facilities, private laboratories, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Water Testing Equipment Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Thermo Fisher
- SGS
- Emerson Electric
- Honeywell International
- Danaher
- General Electric Company
- Horiba
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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