Austin, TX, USA, July 25, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Water Testing and Analysis Market Size, Trends and Insights By Type (Portable, Handheld, Benchtop, Others), By Product (Dissolved Oxygen Meter, TOC Analyzer, Conductivity Meter, PH meter, Turbidity Meter, Others), By Application (Industrial, Government, Laboratory, Environment, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.
“According to the latest research study, the demand for global Water Testing and Analysis Market size & share was valued at approximately USD 4.5 Billion in 2021 and is expected to reach USD 4.9 Billion in 2022 and is expected to reach a value of around USD 8 Billion by 2030, at a compound annual growth rate (CAGR) of about 6% during the forecast period 2022 to 2030.”
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Water Testing and Analysis Market: Overview
The report further provides an overview of drivers, restraints, and opportunities present in the Water Testing and Analysis market. Moreover, the report examines the global competitive analysis of the Water Testing and Analysis market.
The key purpose of the Global Water Testing and Analysis Market report is to deliver industry investors, company leaders, private equity companies, and stakeholders comprehensive information facilitating them to make informed strategic decisions concerning the changes in the Water Testing and Analysis market throughout the world.
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Many industries, including refineries, mining, semiconductors, pharmaceuticals, metals, food and beverage, and many others, use water testing. Water must be free of any pollutants because it plays such a significant role in the pharmaceutical industry. Since ultrapure water is needed for manufacturing and cleaning, water testing is significant in the electronics industry. In the electronics industry, water is tested for salinity. The amount of salt in the water may be determined, which assists with power production.
Growth Factors
Typhoid, dysentery, and cholera cases are on the rise, which is significantly influencing market expansion. The World Health Organization (WHO) estimates that between 11 and 20 million people worldwide have typhoid each year, and that figure is anticipated to grow. One of the main drivers for the market over the forecast period is anticipated to be the fact that 1.7 billion people worldwide lack access to drinkable water.
Chemically tested water is being used more frequently as a result of rising regulatory backing and laws for high-quality maintenance of food and beverage items, pharmaceuticals, and other businesses.
(A free sample of the Water Testing and Analysis report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Water Testing and Analysis report has been modified to include the COVID-19 impact study prior to delivery.)
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Segmental Overview
The market for Water Testing and Analysis is segmented into type, product, and application. Based on type, the market segment with the largest share in 2021 was portable, which is anticipated to expand at the highest long-term CAGR throughout the forecast period. Utilizing specially created products, portable water testing is used to analyze the physical, chemical, and microbiological pollutants in the field or a temporary laboratory.
Based on the product, in 2021, the pH meter led the market and is anticipated to expand at a long-term CAGR during the projection period. An electronic device called a pH meter is used to gauge the hydrogen-ion activity (also known as acidity or basicity) of water. Two probes and a digital coil pH meter make up the majority of pH meters. A pH meter might only have one probe. Two probes on a pH meter can function as two separate electrodes.
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Key questions answered in this report:
- What is the size of the Water Testing and Analysis market and what is its expected growth rate?
- What are the primary driving factors that push the Water Testing and Analysis market forward?
- What are the Water Testing and Analysis Industry's top companies?
- What are the different categories that the Water Testing and Analysis Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Water Testing and Analysis market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Overview
By 2030, North America will hold a significant market for the water testing and analysis sector due to the growing effects of waterborne diseases in nations like the United States. The CDC estimates that approximately 7.2 million Americans contract illnesses each year that are transmitted through water. Additionally, the region’s adoption of water testing protocols will be prompted by the strong demand for copper from a variety of uses, including electric vehicles, and the ensuing rise in mining activities.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 4.5 billion |
| Projected Market Size in 2030 | USD 8 billion |
| CAGR Growth Rate | 6%CAGR (2022-2030) |
| Base Year | 2022 |
| Forecast Period | 2023-2032 |
| Prominent Players | Thermo Fisher Scientific, Danaher Corporation, Agilent Technologies, Emerson Electric Co, Honeywell International Inc, Shimadzu Corporation, Horiba., and Others |
| Key Segment | By Type, Product, Application, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
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Competitive Landscape/ Key Players Insights
The players operating in the Water Testing and Analysis market are adopting strategies such as acquisitions & mergers, product launches & expansions, and collaborations & partnerships, to efficiently compete in the Water Testing and Analysis market. The global market is moderately fragmented and highly competitive. The players also focus on expanding their geographical reach by partnering with local distributors/players.
Some of the prominent players
- Thermo Fisher Scientific
- Danaher Corporation
- Agilent Technologies
- Emerson Electric Co
- Honeywell International Inc
- Shimadzu Corporation
- Horiba
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The global Water Testing and Analysis market is segmented as follows:
By Type
- Portable
- Handheld
- Benchtop
- Others
By Product
- Dissolved Oxygen Meter
- TOC Analyzer
- Conductivity Meter
- PH meter
- Turbidity Meter
- Others
By Application
- Industrial
- Government
- Laboratory
- Environment
- Others
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On the basis of Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Water Testing and Analysis Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Water Testing and Analysis Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Water Testing and Analysis Market? What Was the Capacity, Production Value, Cost and PROFIT of the Water Testing and Analysis Market?
- What Is the Current Market Status of the Water Testing and Analysis Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Water Testing and Analysis Market by Considering Applications and Types?
- What Are Projections of the Global Water Testing and Analysis Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Water Testing and Analysis Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Water Testing and Analysis Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Water Testing and Analysis Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Water Testing and Analysis Industry?
Click Here to Access a Free Sample Report of the Global Water Testing and Analysis Market @ https://www.custommarketinsights.com/report/water-testing-and-analysis/
Reasons to Purchase Water Testing and Analysis Market Report
- Water Testing and Analysis Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Water Testing and Analysis Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Water Testing and Analysis Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Water Testing and Analysis Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Water Testing and Analysis market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Buy this Premium Water Testing and Analysis Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/water-testing-and-analysis/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Water Testing and Analysis market analysis.
- The competitive environment of current and potential participants in the Water Testing and Analysis market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Water Testing and Analysis market should find this report useful. The research will be useful to all market participants in the Water Testing and Analysis industry.
- Managers in the Water Testing and Analysis sector are interested in publishing up-to-date and projected data about the worldwide Water Testing and Analysis market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Water Testing and Analysis products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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