The Water Testing And Analysis Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Water Testing And Analysis Global Market Report 2024, The water testing and analysis market size has grown strongly in recent years. It will grow from $3.91 billion in 2023 to $4.17 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to stringent water quality regulations, growing concerns about waterborne diseases, industrial pollution and effluent monitoring, expanding agricultural practices, urbanization and infrastructure development.
The water testing and analysis market size is expected to see strong growth in the next few years. It will grow to $5.35 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to global population growth and water scarcity, rising awareness of emerging contaminants, focus on industrial water recycling, impact of climate change on water resources, government initiatives for water management. Major trends in the forecast period include focus on emerging contaminants and micropollutants, use of drones and remote sensing for water monitoring, collaboration between technology providers and water utilities, implementation of real-time water quality reporting, increasing emphasis on water recycling and reuse.
The rise in the prevalence of waterborne diseases is contributing to the growth of the water testing and analysis market. Waterborne diseases are diseases caused when drinking water is contaminated with pathogenic microorganisms like protozoa, viruses, bacteria, and intestinal parasites. For instance, according to the 2021 SCRIP (Scientific Research Publishing) report, a China-based publishing company, each year, approximately 4 billion cases of waterborne diseases are reported all over the world, resulting in at least 1.8 million deaths, with 90% of cases involving children under the age of five. These deaths account for approximately 4% of all deaths and 18% of deaths in children under five in developing countries. Waterborne diseases account for an estimated 4.1% of the total daily global disease burden and kill 1.8 million people each year. The majority of deaths occur in children under the age of five in developing countries. Therefore, the rise in the prevalence of waterborne diseases is expected to drive the water testing and analysis market.
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The water testing and analysis market covered in this report is segmented –
1) By Type: TOC Analyzer, PH Meter, Dissolved Oxygen Meter, Conductivity Sensor, Turbidity Meter, Other Types
2) By Test Type: Physicochemical Analysis, Bacteriological Testing
3) By Method: Membrane Filter, Multiple Tube Dilution, Visual Comparison Method, Spectrometric Method, Titration Method, Other Methods
4) By End User: Pharmaceutical, Power, Semiconductor, Food and Beverage, Mining, Refineries, Metals, Chemicals, Environmental, Other End Users
In April 2023, HORIBA Advanced Techno Co. Ltd., a Japan-based provider of services and products in the measurement of water and other liquids, acquired Tethys Instruments SAS for an undisclosed amount. The acquisition improves market-ready solution offerings and analytical system research and development at HORIBA Advanced Techno Co. Ltd. to monitor water quality. Further, HORIBA Advanced Techno Co. Ltd. will benefit from Tethys' expertise in UV spectroscopy, which creates positive synergy with HORIBA's core capabilities in electrochemistry and sampling. Tethys Instruments SAS is a France-based manufacturer of measurement technologies for water quality measurements.
The water testing and analysis market report table of contents includes:
- Executive Summary
- Water Testing And Analysis Market Characteristics
- Water Testing And Analysis Market Trends And Strategies
- Water Testing And Analysis Market - Macro Economic Scenario
- Global Water Testing And Analysis Market Size and Growth
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- Global Water Testing And Analysis Market Competitive Benchmarking
- Global Water Testing And Analysis Market Competitive Dashboard
- Key Mergers And Acquisitions In The Water Testing And Analysis Market
- Water Testing And Analysis Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- General Electric Company
- Veolia Environnement SA
- Honeywell International Inc
- Danaher Corporation
- ABB Ltd
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Water Testing Analysis Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Water Testing Analysis industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Water Testing Analysis manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Water Testing Analysis market covering all important parameters.The key ponits of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Water Testing Analysis industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019-2024 market development trends of Water Testing Analysis industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Water Testing Analysis Industry before evaluating its feasibility.Key Benefits for Water Testing Analysis Market:This study includes the global Water Testing Analysis market analysis, trends, and future estimations to determine the imminent investment pockets.The report presents information related to key drivers, restraints, and global Water Testing Analysis market opportunity.The global Water Testing Analysis market size is quantitatively analyzed from 2014 to 2024 to highlight the financial competency of the Water Testing Analysis industry.Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-water-testing-2019-2024-669There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Water Testing Analysis as well as some small players.The information for each competitor includes: Company Profile Main Business Information SWOT Analysis Sales, Revenue, Price and Gross Margin To know more competitorFor product type segment, this report listed main product type of Water Testing Analysis market in gloabal and china.
Product Type I Product Type II Product Type IIIFor end use/application segment, this report focuses on the status and outlook for key applications.
Application I Application II Application IIIReasons to Purchase this Report: Estimates 2019-2024 Water Testing Analysis market development trends with the recent trends and SWOT analysis Market dynamics scenario, along with growth opportunities of the market in the years to come Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
