The Business Research Company’s Water Quality Testing Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Water Quality Testing Equipment Global Market Report 2023 evaluates water quality testing equipment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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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%.
Increasing instances of water contamination are expected to propel the growth of the water quality testing equipment market going forward. Water contamination refers to the spreading of pollutants into subterranean groundwater or into bodies of water such as lakes, streams, rivers, estuaries, and seas to the point that they obstruct ecosystems’ ability to operate naturally or people’s ability to use the water for good. Water quality testing equipment is used to identify contaminants and evaluate different aspects of water quality. It aids in determining the presence and concentrations of numerous compounds and contaminants in water sources. For instance, in July 2023, according to the Environment Agency, a UK-based non-departmental public body, about 2,026 instances involving sewage and water supply infrastructure were reported, up from 1,883 in 2021. The majority of the 368 instances impacting water supply assets (345 in 2022 compared to 189 in 2021) were from the water distribution system. From 1,883 in 2021 to 2,026 in 2022, there were more pollution incidents (caused by sewage and water supply infrastructure). Therefore, the increasing instances of water contamination are driving the growth of the quality testing equipment market.
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The water quality testing equipment market segments in the report are:
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
The table of contents in TBRC’s water quality testing equipment market report includes:
1. Executive Summary
2. Water Quality Testing Equipment Market Characteristics
3. Water Quality Testing Equipment Market Trends And Strategies
4. Water Quality Testing Equipment Market – Macro Economic Scenario
5. Water Quality Testing Equipment Market Segmentation
……
32. Global Water Quality Testing Equipment Market Competitive Benchmarking
33. Global Water Quality Testing Equipment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Water Quality Testing Equipment Market
35. Water Quality Testing Equipment Market Future Outlook and Potential Analysis
36. Appendix
Top Major Players :
• General Electric Company
• Thermo Fisher Scientific Inc.
• Danaher Corporation, ABB Ltd.
• Emerson Electric Co.
• Eurofins Scientific SE
• Agilent Technologies Inc.
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