Global water testing & analysis market is projected to grow from $ 2.8 billion in 2018 to around $ 4 billion by 2024, on the back of rising concerns related to water pollution due to dumping of industrial effluents in water bodies without prior treatment. Growing government investments towards addressing environmental issues and rising awareness among end-users regarding water safety due to increasing incidences of waterborne diseases are expected to fuel the water testing & analysis market, globally. Based on the type, TOC analyzer segment is anticipated to lead the market, owing to increasing demand for testing dissolved oxygen in water bodies to determine pollution levels. In terms of application, industrial sector holds the largest market share, backed by growing demand for water testing and analysis services in industries to pre-treat their industrial waste before dumping in any water body. With stringent government regulations on industrial effluents before their dumping in any water body, Europe accounts for the largest share in global water testing & analysis market.
Year Considered for this Report
Historical Years
Base Year
Estimated Year
Forecast Period
Objective of the Study
- To analyze and forecast global water
testing & analysis market size.
- To classify and forecast global water testing
& analysis market based on type, end use industry and regional
distribution.
- To scrutinize the detailed market
segmentation and forecast the market size by segmenting global water
testing & analysis market on the basis of type (TOC Analyzer, pH
Meter, Dissolved Oxygen Meter, Conductivity Sensors, Turbidity Meter and
Others).
- To scrutinize the detailed market
segmentation and forecast the market size by segmenting on the basis of end
use industry (Municipal and Industrial).
- To scrutinize the detailed market
segmentation and forecast the market size by segmenting on the basis of
regions (North America, Europe, Asia-Pacific, South America and Middle
East & Africa).
- To identify drivers and challenges for global
water testing & analysis market.
- To examine competitive developments such
as expansions, new product launches, mergers & acquisitions, etc., in global
water testing & analysis market.
- To conduct pricing analysis for global
water testing & analysis market.
- To identify and analyze the profile of
leading players operating in global water testing & analysis market.
Some of the leading players operating in global water testing & analysis market are
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of water testing & analysis equipment manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the
Market Insights Research calculated global water testing & analysis market size using a bottom-up approach, where data for various product types recorded and forecast for the future years was made. Market Insights Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations, financial reports,
Key Target Audience
- Water testing & analysis providers
and reagent providers
- Testing kit distributors and suppliers
- Raw material suppliers and distributors
- Associations, organizations and
alliances related to water testing & analysis equipment
- Government bodies such as regulating
authorities and policymakers
- Market research and consulting firms