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Global Environment Testing Market 2020 Detail Analysis focusing on Key Players like SGS SA, BIONICS SCIENTIFIC TECHNOLOGIES (P) LTD., Envisys, Angelantoni Test Technologies, Thermotron Industries, ESPEC NORTH AMERICA, INC
Global Environment Testing Market
Market Analysis: Global Environment Testing Market
Environment testing market is registering a substantial CAGR of 7.3% during the forecast period of 2019-2026. Increase in favourable government policies drive the environmental testing market. The report contains data from the historic year of 2017, base year of 2018. Few of the major competitors currently working in the global environment testing market are SGS SA, BIONICS SCIENTIFIC TECHNOLOGIES (P) LTD., Envisys, Angelantoni Test Technologies, Thermotron Industries, ESPEC NORTH AMERICA, INC., EMSL Analytical, Inc., Thales Cryogenics, Intertek Group plc, Agilent Technologies Inc., ALS Limited, Eurofins Scientific, Bureau Veritas, SCIEX, Romer Labs Division Holding GmbH, R J Hill Laboratories Ltd., Asure Quality, Suburban Testing Labs among others.
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Competitive Analysis:
Global environment testing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of environment testing market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Market Definition: Global Environment Testing Market
Safe and clean environment provides healthy and better life for the people around the world. Environment testing involves testing or examination of air, soil, waste, water, and other products that shows their quality and impact on health and the environment. Main objective of environment testing is to determine the amount of contaminants in the environment and their impact on lifestyle. Various environment testing methods are used in detecting contaminants such as bacteria, viruses, parasites and others which show hazardous impact on living population.
Market Drivers:
Increasing in regulations related to environment protection; this factor is expected to drive the growth of the market
Cost & time-effective customized testing services; this factor is expected to drive the growth of the market
Regular participation of government and regulatory bodies to monitor environmental conditions will also boost the market growth
Adoption of innovative rapid technologies acts as another factor driving this market growth
Market Restraints:
High capital investment for accurate sensitive analytical testing; may restrict the growth for the environmental testing market
Dearth of basic supporting infrastructure may hinder the growth of this market
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Segmentation: Global Environment Testing Market
By Sample
Wastewater/Effluent
Soil
Water
Air
By Product
Mass Spectrometers
Chromatography
pH Meters
Molecular Spectroscopy Products
TOC Analyzers
By Contamination
Organic Compounds
Heavy Metals
Microbiological Contaminants
Residues
Solids
By Technology
Conventional Method
Rapid Method
Key Developments in the Market:
In October 2018, Eurofins USA had acquired TestAmerica Laboratories, Inc. With this the company have extensive geographical network as well as innovative solutions. The acquisition helps to improve the efficiencies by enhancing R&D, operational optimization and operational costs
In March 2017, Agilent Technologies, Inc. launched New Research-Grade Triple Quadrupole LC/MS System. This system offers accurate result with superior sensitivity which can be used in environmental testing, forensic toxicology, food safety and peptide quantitation. This will increase the product portfolio and profit margin of the company
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Research Methodology: Global Environment Testing Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
Competitive analysis of key competitors involved in the market
Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
Market Drivers and Restraints analysis along with the analysis of the market structure
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