The Water Testing and Analysis Market was worth USD 3.43 billion in 2021 and is expected to grow at a CAGR of 5.2%, to reach USD 4.42 billion by 2026. Water is an essential component for the daily life of humans as well as for manufacturing and cleaning purposes in the majority of industries. Due to various reasons, water gets contaminated by germs, chemicals, soil particles, and many other factors. Groundwater is generally contaminated due to the leaching of chemicals and surface water is contaminated by the diversion of wastewater from human and industrial consumption, soil erosion, and some other elements.
Contaminated water cannot be used for human consumption or industrial purposes. Hence, the water needs to be tested for its physical, chemical, and biological characteristics such as turbidity, organic carbon, pH, dissolved oxygen, biochemical oxygen demand, and conductivity. Several types of water testing equipment are available in the market suitable for different end-users ranging from industrial scale to in-house equipment.
Drivers and Restraints:
Strict regulations on water standards by government organizations, increasing awareness regarding the usage of quality water in industries as well as in people has increased the demand for water testing equipment. Growing water consumption due to increasing population and technological advances in water testing equipment are also expected to drive the market. However, high cost of equipment and lack of sufficient water testing infrastructure in emerging countries are restraining the market.
Market Size Available
2021 – 2026
2022 - 2027
By Product, By Product Type, By Application, By Region
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled
General Electric Company, Thermo Fisher Scientific, Inc, Agilent Technologies Inc, Emerson Electric Co, Honeywell International Inc, Tintometer Gmbh, Danaher Corporation, Horiba, Ltd, Abb Ltd, Mettler-Toledo International Inc.
PH meter and DO mater are widely used products in laboratories and industries and they are expected to lead the market.
Portable products are expected to be the largest market segment because of their wide usage. Handheld products are rapidly growing due to their ease of use.
The industrial applications segment holds the largest market share due to the strict water quality standards to be used for manufacturing and cleaning purposes.
Water Testing and Analysis Market – By Region:
North America leads the Water Testing and Analysis market followed by Europe due to the availability of vast infrastructure in developed countries of this region and also due to the large number of industries. Asia Pacific is expected to be the fastest-growing segment due to the increasing awareness regarding the water quality and it also presents many opportunities due to many unmet needs in water testing equipment.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.2 Dissolved Oxygen Meter
5.1.3 Total Organic Carbon Analyzer
5.1.4 PH meter
5.1.5 Conductivity sensors
5.1.6 Turbidity meter
5.1.7 Other Products
5.1.8 Y-o-Y Growth Analysis, By Product
5.1.9 Market Attractiveness Analysis, By Product
5.1.10 Market Share Analysis, By Product
5.2 Product Type
5.2.6 Y-o-Y Growth Analysis, By Product Type
5.2.7 Market Attractiveness Analysis, By Product Type
5.2.8 Market Share Analysis, By Product Type
5.3.6 Other Applications
5.3.7 Y-o-Y Growth Analysis, By Application
5.3.8 Market Attractiveness Analysis, By Application
5.3.9 Market Share Analysis, By Application
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Product
188.8.131.52 By Product Type
184.108.40.206 By Application
6.1.4 Market Attractiveness Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Product
22.214.171.124 By Product Type
126.96.36.199 By Application
6.1.5 Market Share Analysis
188.8.131.52 By Geographical Area
184.108.40.206 By Product
220.127.116.11 By Product Type
18.104.22.168 By Application
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Thermo Fisher Scientific Inc.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 General Electric Company
8.3 Agilent Technologies Inc.
8.4 Emerson Electric Co
8.5 Honeywell International Inc.
8.6 Tintometer Gmbh
8.7 Danaher Corporation
8.8 Horiba, Ltd.
8.9 Abb Ltd
8.10 Mettler-Toledo International Inc
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
Talk to our analyst and get customised report done according to your research needs
Check if you can avail any discount. Submit your details and our team will get back to you.
Request to avail a free sample report that reflects this market and its growth.