Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 4.07 Billion |
| USD 6.49 Billion | |
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Global Water Testing Equipment Market, By Technology (Electrochemistry, Molecular Spectroscopy, Atomic Spectroscopy, Chromatography & Mass Spectrometry, Process Analysers), Test Type (pH Test, Dissolved Oxygen Test, Conductivity Test, Turbidity Test, T.D.C. Tests), Device Type (Stationery or Bench-Top, Portable), Application (Industrial, Environmental, Laboratory, Government), – Industry Trends and Forecast to 2029.
Consumers in emerging markets expect safe drinking water with a high nutritional content as consumer awareness grows. Due to the increased use of bacteria-free and chemical-free water around the world, water testing equipment is in high demand. Chemically tested water is becoming more common as regulatory support and legislation for high-quality food and beverage items, pharmaceuticals, and other industries grows.
Data Bridge Market Research analyses that the water testing equipment market was valued at USD 4.07 billion in 2021 and is expected to reach the value of USD 6.49 billion by 2029, at a CAGR of 6.00% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Technology (Electrochemistry, Molecular Spectroscopy, Atomic Spectroscopy, Chromatography & Mass Spectrometry, Process Analyzers), Test Type (pH Test, Dissolved Oxygen Test, Conductivity Test, Turbidity Test, T.D.C. Tests), Device Type (Stationery or Bench-Top, Portable), Application (Industrial, Environmental, Laboratory, Government)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Honeywell International Inc. (U.S.), DENSO CORPORATION (Japan), OMNIVISION (U.S.), Alpha MOS (France), AMETEK.Inc. (U.S.), AlphaSense Inc. (U.S.), BorgWarner Inc. (U.S.), Figaro Engineering Inc. (Japan), Emerson Electric Co. (U.S.), General Electric (U.S.), Industrial Scientific (U.S.), SAMSUNG (South Korea), Teledyne Monitor Labs (TML), STMicroelectronics (Switzerland), NXP Semiconductors (Netherlands), Infineon Technologies AG (Germany), Qualcomm Technologies, Inc. (U.S.), Microchip Technology Inc. (U.S.), Texas Instruments Incorporated (U.S.), Bosch Sensortec GmbH (Germany), Johnson Controls (Ireland), and Sony Semiconductor Solutions Corporation (Japan)
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Market Opportunities
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Market Definition
Water testing is a method of determining water quality. Water quality must be monitored on a regular basis in order to assess its health. Water testing and analysis are used to determine turbidity, dissolved gas concentration, radioactivity, and water conductivity. Water purity is critical to many industries and activities, including agriculture, fisheries, electronics, food, pharmaceutical aquaculture, and forestry. Water testing is classified into two types: physiochemical testing and bacteriological testing.
Drivers
Consumer demand for high-quality drinking water, concern about diseases caused by contaminated tap water, and the portability and convenience of bottled water all contribute to the growing demand for bottled water. Plastic garbage pollution is a barrier to market growth. Bottled water consumption is harmful to one's health. On the other hand, the development of eco-friendly packaging and flavoured water with regulated components may present a growth opportunity for the market.
Governments in emerging countries such as India and China are imposing strict government rules on the use of water in various food and beverage items, creating a barrier to entry for enterprises producing food, beverage, and pharmaceutical products, which rely heavily on tested water. The government expects these companies to install water testing equipment and conduct water tests in accordance with established standards.
Opportunity
Adoption of stringent standards for testing water quality and the growing demand for advanced technology will create additional opportunities for the growth of the water testing equipment market during the forecast period.
Restraints
High equipment costs and a lack of trained labourers and experts are acting as market restraints for water testing equipment during the forecasted period.
This water testing equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the water testing equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The COVID-19 pandemic significantly impacted the global water testing market because it altered consumer lifestyles and increased the likelihood of coronavirus transmission. As consumers became more concerned about the security and safety of water-based products, the water and supply chain industries were impacted.
Recent Development
The water testing equipment market is segmented on the basis of technology, device type, test type, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
Device type
Application
Test type
The water testing equipment market is analysed and market size insights and trends are provided by country product technology, device type, test type, and application as referenced above.
The countries covered in the water testing equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific will dominate the water testing equipment market due to the rapid urbanization and industrialisation along with increasing number of initiatives by the government to strengthen policies regarding water quality.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The water testing equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to water testing equipment market.
Some of the major players operating in the water testing equipment market are:
SKU-
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.