Water Testing and Analysis Market Size, Share, Growth Report 2030

Water Testing and Analysis Market

Water Testing and Analysis Market By Product [TOC Analyzer, PH Meter, Dissolved Oxygen Meter, Conductivity Sensor, Turbidity Meter, Others (Conductivity Meters, Colorimeters, Spectrophotometers, Refractometers, Ion Analyzers, Temperature Sensors, And Radioactivity Analyzers)], By Product Type [Portable, Handheld, Benchtop, Others (Continuous, In-Line, And Multi-Functional Meters)], By Application [Laboratory, Industrial, Environmental, Government, Others (Agricultural, Household And General Applications)], and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Published Date: 18-Apr-2022 Category: Chemical & Materials Report Format : PDF Pages: 169 Report Code: ZMR-466 Status : Published

The global Water Testing and Analysis market size was worth around USD 4,281.97 billion in 2021 and is estimated to grow to about USD 6,039.76 billion by 2028, with a compound annual growth rate (CAGR) of approximately 5.9 percent over the forecast period.

Water Testing and Analysis Market

Water Testing and Analysis Market Size And Industry Analysis

The global Water Testing and Analysis market was worth around USD 4,281.97 billion in 2021 and is estimated to grow to about USD 6,039.76 billion by 2028, with a compound annual growth rate (CAGR) of approximately 5.9 percent over the forecast period. The report analyzes the Water Testing and Analysis market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Water Testing and Analysis market.

Water Testing and Analysis Market: Overview

Water Testing and Analysis are crucial to determine the quality of water that can be used for multiple purposes such as drinking, use in industries, and day-to-day life activities. As the population increases the demand for potable water will also increase and substantially bolster the need for Water Testing and Analysis services on a global scale and this is expected to majorly influence Water Testing and Analysis market potential through the forecast period.  

Water testing provides insights on qualities such as alkalinity, acidity, turbidity, water conductivity, and radioactivity which helps in deciding the use of water and avoids waste of water in multiple industries. Water analysis systems are deployed in multiple industries to check the quality of water to decide its appropriate use and application, these systems are highly popular in mining, pharmaceuticals, food and beverages, aquaculture, etc.

However, the lack of efficient water infrastructure and high costs of Water Testing and Analysis equipment will act as a restraining factor for the Water Testing and Analysis market over the forecast period.

Global Water Testing and Analysis Market

COVID-19 Impact:

The COVID-19 pandemic resulted in multiple restrictions across the globe which restricted multiple activities and Water Testing and Analysis market was also one of them. The Water Testing and Analysis market experienced a drop in growth curve as the restrictions made it impossible to implement new testing and analysis techniques and shuttering of multiple institutions also led to a negative growth curve in 2020.  

Closure of multiple industries due to lack of skilled workforce and shortage of raw materials also had a negative impact on the Water Testing and Analysis market as this decreased the deployment of Water Testing and Analysis systems in these industries and hence resulted in losses.

In the post-pandemic era as the world returns to normal and industrial activity springs back to normal, we are expected to see the Water Testing and Analysis market rise at a steady pace.

Water Testing and Analysis Market: Growth Drivers

Stringent Water Treatment Regulations to Boost Water Testing and Analysis Services Demand

Wastewater contains multiple harmful elements and toxic chemicals that are harmful to the environment and human health and has a major negative impact on the global population to avoid these complications governments across the world are implementing new regulations to ensure proper treatment of water before disposal or use. This will majorly increase the demand for Water Testing and Analysis solutions and services and hence drive the Water Testing and Analysis market growth through 2028.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Water Testing and Analysis Market: Restraints

High Cost of Equipment and Less Developed Water Infrastructure to Restrain Market Growth

Water Testing and analysis market will see steady growth through 2028 but the high cost of equipment will have a major restraining effect on the global Water Testing and Analysis market potential. This will be a major obstacle for Water Testing and Analysis market growth in economies with low spending potential and hence constrain global Water Testing and Analysis market potential. The lack of developed water infrastructure will also have an adverse impact on the Water Testing and Analysis market growth through 2028.

Global Water Testing and Analysis Market: Segmentation

The global Water Testing and Analysis market is segregated based on product, product type, application, and region.

By Application, the Water Testing and Analysis market is segmented into laboratory, industrial, environmental, government, and others (agricultural, household and general applications). The rising industrialization on a global scale will propel the demand from industrial segment and is expected to be a major segment in the global Water Testing and Analysis market landscape.  

Recent Developments

  • In 2021 – Irish Water appointed Intertek to create a new water quality model in collaboration with Nicholas O’Dwyer Ltd. This partnership will be tasked to deliver a Strategic Modelling Study of Cork Harbour and help analyse the impact of water activities in Cork Harbour.

Regional Landscape

The market for Water Testing and Analysis in North America will be holding a dominant stance over the forecast period. This can be attributed to the presence of a developed water analysis and testing infrastructure and rapid technology adoption to boost water quality in multiple applications through the forecast period. The United States is expected to be the most prominent market in this region owing to the rising demand for water testing in the nation due to stringent government regulations and the presence of key manufacturing companies in the nation.

Asia Pacific region will see a swift increase in demand owing to rising demand for water from a growing population, rapid industrialization, and strict government laws to ensure water quality before use or disposal. The Europe Water Testing and Analysis market is also anticipated to hold a prominent market share in the global Water Testing and Analysis industry over the forecast period.

Competitive Landscape

Some of the main competitors dominating the global Water Testing and Analysis market include - Abb Ltd. General Electric Company, Danaher Corporation, Thermo Fisher Scientific, Inc., Tintometer Gmbh, Agilent Technologies Inc., Danaher Corporation, Emerson Electric Co., Horiba, Ltd., Honeywell International Inc., Mettler-Toledo International Inc., Shimadzu Corporation.

Global Water Testing and Analysis market is segmented as follows:

By Product

  • TOC Analyzer
  • PH Meter
  • Dissolved Oxygen Meter
  • Conductivity Sensor
  • Turbidity Meter
  • Others (conductivity meters, colorimeters, spectrophotometers, refractometers, ion analyzers, temperature sensors, and radioactivity analyzers)

By Product Type

  • Portable
  • Handheld
  • Benchtop
  • Others (continuous, in-line, and multi-functional meters)

By Application

  • Laboratory
  • Industrial
  • Environmental
  • Government
  • Others (agricultural, household and general applications)

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

Increasing demand for water analysis and testing, rising population, and increasing demand for water quality testing in industries are some major trends that guide Water Testing and Analysis market growth.

According to the Zion Market Research report, the global Water Testing and Analysis market size was worth about US$ 4,281.97 billion in 2021 and is predicted to grow to around US$ 6,039.76 billion by 2028, with a compound annual growth rate (CAGR) of around 5.9 percent.

The market for Water Testing and Analysis in North America will be holding a dominant stance over the forecast period. This can be attributed to the presence of a developed water analysis and testing infrastructure

Some of the main competitors dominating the global Water Testing and Analysis market include -- Abb Ltd. General Electric Company, Danaher Corporation, Thermo Fisher Scientific, Inc., Tintometer Gmbh, Agilent Technologies Inc., Danaher Corporation, Emerson Electric Co., Horiba, Ltd., Honeywell International Inc., Mettler-Toledo International Inc., Shimadzu Corporation

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed