According to the report “Water Testing and Analysis Market By Test (TOC, PH, Conductivity, Dissolved Oxygen, Turbidity and Others), By Product (Portable, Benchtop, Hand-held and Others), By End-User (Environmental, Government, Industrial, Laboratories and Others), By Application and By Geography – Forecast to 2020”, published by IndustryARC, the market to reach $4.87 Billion by 2020 at a high CAGR.
Browse 64 Market Tables, 31 Figures spread through 153 Pages and an in-depth TOC on “Water Testing and Analysis Market”:
Water testing and analysis embraces techniques to analyse and test the quality of the water. It is done to assess water quality, study characteristics of polluted/waste water, water prior to its use for drinking and also for testing the treated water. There are several kinds of tests such as PH, TOC, DOC and turbidity which are carried out after treatment of water before using. Environmental agencies, municipal water plants and industrial users, such as beverage and electronics are few of the applications of water testing and analysis systems.
Water testing and analysis can be segmented based on the product type into portable water testing instruments, handheld water testing equipment, bench-top water testing equipment and others. The water testing market by end user type has been divided into segments that comprise environmental, government, industrial, laboratories and others. The key factors that led to escalating demand for water testing are the necessity for clean water, rapid industrialization, environment, government policies and growing population.
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According to a recent study from IndustryARC the global market value of water testing and analysis was nearly equal to $3.35 Billion in 2014, where the Portable product type account around 43.4% market share. Portable water testing instruments are mainly used for the determination of the value of specified parameters of water quality. These types of instruments may be easily carried by testing personnel and they do not require any power. Europe is the major geographical segment for portable water testing equipment market.
Europe region was the leading market with nearly $3.35 Billion Revenue in 2014, projected to upsurge at high CAGR of 6.3% from forecast period 2014-2020. Europe and Americas are the major contributor of water testing and analysis market.
The Major Players in Water Testing and Analysis Market includes:
- Danaher Corporation
- Thermo Fisher Scientific, Inc
- Agilent Technologies Inc
- General Electric Company
- ABB Ltd.
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The Global Water Testing and analysis Report provides detailed analysis of the different type of end-users market, test type, product type and applications.
The Water Testing Market study across various end-user industries is incorporated in the Report
Water Testing and analysis market is also presented from the perspective of different geographic regions and the key countries for above mention end-user industries. Competitive landscape for test type is highlighted and major market players are profiled.