Meticulous Research®—a leading global market research
company, published a research report titled, ‘Water Quality Testing Market by
Offering, Test Type (Physical Test, Chemical Test), Device Type, Product Type
(pH Meter, TOC Analyzer), Sector (Laboratory, Government, Environmental
Institutes, Industrial Sector) - Global Forecast to 2030.’
Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5501?utm_source=pr&utm_medium=social&utm_campaign=product&utm_content=16-02-2024
According to this latest publication from Meticulous
Research®, the water quality testing market is projected to reach $5.1 billion
by 2030, at a CAGR of 6.4% during the forecast period. The growth of the water
quality testing market is driven by rapid population growth, urbanization,
stringent legislation on maintaining water quality, lack of freshwater
resources, and increasing prevalence of waterborne diseases. However, the high
costs of water testing technologies and the reluctance of local government
bodies to adopt new technologies may restrain the market's growth.
Furthermore, innovative water processing technologies and
organizations' rising R&D expenditure are expected to offer significant
growth opportunities for the water quality testing market. However, the
shortage of trained laborers & experts and lack of awareness of the
appropriate usage of water testing techniques may hinder the growth of this
market.
Meticulous Research® has segmented this market based on
offering, test type, device type, product type, sector, and geography for
efficient analysis. The study also evaluates industry competitors and analyzes
the market at the regional and country levels.
Browse in depth @ https://www.meticulousresearch.com/product/water-quality-testing-market-5501?utm_source=pr&utm_medium=social&utm_campaign=product&utm_content=16-02-2024
Based on offering, in 2023, the solutions segment is
expected to account for the larger share of the water quality testing market.
The large market share of this segment is attributed to the growing adoption of
innovative & advanced solutions and high investments in the R&D of
water testing equipment.
Based on test type, in 2023, the physical test segment is
expected to account for the largest share of the water quality testing market.
The large market share of this segment is attributed to the increasing adoption
of advanced technologies that mainly focus on developing physical testing kits.
Based on device type, in 2023, the portable device segment
is expected to account for the largest share of the water quality testing
market. The large market share of this segment is attributed to the increasing
demand for portable water testing equipment that can be carried out in the
field or in a temporary laboratory to analyze physical, chemical, and
microbiological contaminants.
Speck to our analyst @
https://www.meticulousresearch.com/speak-to-analyst/cp_id=5501?utm_source=pr&utm_medium=social&utm_campaign=product&utm_content=16-02-2024
Based on product type, in 2023, the pH meter segment is
expected to account for the largest share of the water quality testing market.
The large market share of this segment is attributed to the increasing adoption
of pH meters in various industrial sectors and the rising concerns about the
adverse effects of acidic or alkaline water in industrial settings.
Based on sector, in 2023, the industrial sector segment is
expected to account for the largest share of the water quality testing market.
The large market share of this segment is attributed to increasing
industrialization and urbanization, declining freshwater resources, and a
rising focus on water quality and public health.
Based on geography, in 2023, Asia-Pacific is expected to
account for the largest share of the water quality testing market. The
Asia-Pacific region's significant market share can be attributed to various
factors, including the increasing environmental deterioration, declining
availability of clean water, rising public-sector investment in water
infrastructure, and growing research and development expenditures.
The key players operating in the water quality testing
market are Horiba, Ltd. (Japan), Mettler-Toledo International, Inc. (U.S.),
Shimadzu Corporation (Japan), Thermo Fisher Scientific, Inc. (U.S.), Tintometer
GmbH (Germany), Bureau Veritas (France), Neogen Corporation (U.S.), ALS Limited
(Australia), LaMotte Company (U.S.), SGS Société Générale de Surveillance SA
(France), Eurofins Scientific SE (Luxembourg), Intertek Group plc (U.K.),
Chemetrics, Inc. (U.S.), Geotech Environmental Equipment Inc. (U.S.), Agilent
Technologies, Inc. (U.S.), and Applied Membranes, Inc. (U.S.).
Request Free Research Report Sample @ https://www.meticulousresearch.com/request-sample-report/cp_id=5501?utm_source=pr&utm_medium=social&utm_campaign=product&utm_content=16-02-2024
