Water Testing and Analysis - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Water Testing and Analysis Market is accounted for $3.03 billion in 2018 and is expected to reach $5.48 billion by 2027 growing at a CAGR of 6.8% during the forecast period. Growing government investments towards addressing environmental issues and rising awareness among end-users regarding water safety due to increasing incidences of waterborne diseases are likely to boost the growth of the Water Testing and Analysis market. However, limited market penetration for water testing and analysis instruments in non-industrial application and reluctance of municipal bodies to adopt new technologies are likely to hamper the profit boundaries.
Water testing is a process of assessing water quality. Water quality has to be tested regularly to determine the health of water. Water has various properties such as turbidity, dissolved gas content; radioactivity and water conductivity are measured through water testing and analysis. The quality of water is essential to many different industries and activities such as agriculture, fisheries, electronics, food, pharmaceutical aquaculture and forestry. The different types of water tests include physiochemical tests and bacteriological tests. The physiochemical tests are carried out by various methods such as titration, spectrophotometric methods, etc. These tests include pH test, odour, turbidity test, BOD and TOC, radio activity test and dissolved oxygen test. The bacteriological tests involve the use of membrane filters and multi tube dilution method to determine the total coli forms and fecal coli forms.
Based on type, the TOC analyzer segment is likely to have a huge demand due to the increasing demand for testing dissolved oxygen in water bodies to determine pollution levels. By geography, North America is going to have a lucrative growth during the forecast period owing to the stringent water quality standards in this region to utilize water testing and analysis services.
Some of the key players in the Water Testing and Analysis market are the ABB Ltd., Agilent Technologies Inc., Danaher Corporation, Emerson Electric Co., General Electric Company, Honeywell International Inc., Horiba, Ltd., Shimadzu Corporation, Thermo Fisher Scientific, Inc., and Tintometer Gmbh.
• Other Products
• Membrane Filter
• Multiple Tube Dilution
• Spectrometric Method
• Titration Method
• Visual Comparison Method
• Other Methods
• Bacteriological Testing
• Dissolved Oxygen Meter
• Physiochemical Analysis
• Food & Beverage
• Other Applications
End Users Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.