The Water Quality Testing Equipment Global Market Report 2023, provides comprehensive information on the water quality testing equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Water Quality Testing Equipment Market’s Growth:
The global water quality testing equipment market is expected to grow from $4.01 billion in 2022 to $4.32 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The water quality testing equipment market is expected to reach $5.57 billion in 2027 at a CAGR of 6.5%.
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Technological advancements are a key trend gaining popularity in the water quality testing equipment market. Major companies operating in the water quality testing equipment market are focused on adopting new technologies to sustain their position in the market. For instance, in June 2023, In-Situ Inc., a US-based developer and producer of water treatment equipment, announced the launch of Aqua TROLL 700 and 800 Multiparameter Sondes, new multiparameter water quality instruments for providing long-term continuous monitoring of water. Six Aqua TROLL sensors and an automated antifouling wiper are included in the Aqua TROLL 700 and 800. These two instruments are extremely successful in freshwater, brackish, and saltwater environments for continuous long-term monitoring and spot checks. They are part of In-Situ’s integrated ecosystem, which includes cables, handhelds, and communications. They are ideal for marine applications where biofouling is a major concern due to their established antifouling technology.
The water quality testing equipment market is segmented:
1) By Device Type: Stationary Or Bench-Top, Portable
2) By Test Type: pH (Power of hydrogen) Test, Dissolved Oxygen Test, Conductivity Test, Turbidity Test, TDC (Tissue Dielectric Constant) Tests
3) By End User: Industrial, Commercial, Government, Other End Users
North America was the largest region in the water quality testing equipment market in 2022.
The table of contents in TBRC’s water quality testing equipment market report includes:
- Executive Summary
- Water Quality Testing Equipment Market Characteristics
- Water Quality Testing Equipment Market Trends And Strategies
- Water Quality Testing Equipment Market – Macro Economic Scenario
- Global Water Quality Testing Equipment Market Size and Growth
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- Global Water Quality Testing Equipment Market Competitive Benchmarking
- Global Water Quality Testing Equipment Market Competitive Dashboard
- Key Mergers And Acquisitions In The Water Quality Testing Equipment Market
- Water Quality Testing Equipment Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- General Electric Company
- Thermo Fisher Scientific Inc
- Danaher Corporation
- ABB Ltd
- Emerson Electric Co
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