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Water Quality Testing Equipment Market Size Projected To Reach $6.41 Billion By 2034 With A Cagr Of 6.8%
The Water Quality Testing Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Water Quality Testing Equipment Market Size During the Forecast Period?
The market for water quality testing equipment has seen potent growth in the last few years. The market, which was worth $4.6 billion in 2024, is projected to increase to $4.92 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 6.8%. This growth during the historical period can be credited to factors such as regulatory compliance, the impact of industrialization, public health anxiety, and increased environmental consciousness.
The market for water quality testing equipment is predicted to witness substantial growth in the oncoming years, reaching a value of $6.41 billion in 2029 with a compound annual growth rate (CAGR) of 6.8%. Factors such as the worldwide water crisis, urbanisation and infrastructure evolution, industrial compliance, and the effects of climate change are contributing to this growth during the projected period. Key trends anticipated during this period include advancements in technology, decentralised testing solutions, the integration of data analytics and artificial intelligence, remote monitoring and cloud-based solutions, and multi-parameter testing.
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What Are the High-Growth Segments in the Water Quality Testing Equipment Market?
The water quality testing equipment market covered in this report is segmented -
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
Subsegments:
1) By Stationary Or Bench-Top: Laboratory Analyzers, Multi-Parameter Bench-Top Meters, Spectrophotometers
2) By Portable: Handheld Meters, Portable Multi-Parameter Testers, Field Testing Kits
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What Key Drivers Are Expected to Influence Future Water Quality Testing Equipment Market Growth?
The rise in water pollution incidents is projected to boost the expansion of the water quality testing equipment market. Water pollution is defined as the infiltration of harmful substances into underground water sources or bodies of water like lakes, streams, rivers, estuaries, and oceans to such an extent that it hampers the natural functioning of these ecosystems or prevents people from using the water beneficially. Water quality testing equipment helps detect and measure various aspects of water quality, including the presence and levels of numerous compounds and pollutants in water sources. For example, the UK's Environment Agency, a non-departmental public organization, reported in July 2023 that instances related to sewage and water supply infrastructure had risen to 2,026 from 1,883 in 2021. Most of the 368 incidents that affected water supply assets (different from 189 in 2021 and 345 in 2022) were related to water distribution systems. The number of pollution incidents due to sewage and water supply infrastructure increased from 1,883 in 2021 to 2,026 in 2022. Thus, the rise in water pollution incidents is fueling the progression of the quality testing equipment market.
Which Companies Hold the Largest Share Across Different Water Quality Testing Equipment Market Segments?
Major companies operating in the water quality testing equipment market include General Electric Company, Thermo Fisher Scientific Inc., Danaher Corporation, ABB Ltd., Emerson Electric Co., Eurofins Scientific SE, Agilent Technologies Inc., Xylem Inc., Endress+Hauser AG, Shimadzu Corporation, Horiba Ltd., HACH GmbH & Co., In-Situ Inc., Hanna Instruments Inc., Metrohm AG, Omega Engineering Inc., Analytik Jena AG, Myron L Co., Sea-Bird Electronics Inc., Palintest Ltd., Aquaphoenix Scientific Inc., LaMotte Company, CHEMetrics LLC, Luminultra Technologies Ltd., Sensorex Inc., Tintometer GmbH, Real Tech Inc., Electro-Chemical Devices Inc., Process Insights Inc., Aquaread Ltd.
What Trends Are Driving Growth in The Water Quality Testing Equipment Market?
The uptrend of technological innovation is a significant trend being observed in the water quality testing equipment market. The leading companies in this market are strategically adopting cutting-edge technology to retain their market dominance. In June 2023, an example of this was seen when In-Situ Inc., a US-based organization that develops and manufactures water treatment equipment, revealed the introduction of their new Aqua TROLL 700 and 800 Multiparameter Sondes. These new multi-parameter water quality testing tools are designed for extended continuous water monitoring. The Aqua TROLL 700 and 800 series are equipped with six Aqua TROLL sensors and an automatic antifouling wiper. Found to be highly effective in freshwater, saltwater and brackish environments, these instruments are suitable for both constant monitoring and occasional checks. As part of In-Situ's comprehensive ecosystem, these devices come with accompanying cables, handhelds, and communications. Their advanced antifouling technology makes them perfect for marine scenarios where biofouling is a significant issue.
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What Are the Emerging Geographies for The Water Quality Testing Equipment Market Growth?
North America was the largest region in the water quality testing equipment market in 2024. The regions covered in the water quality testing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Water Quality Testing Equipment Market?
2. What is the CAGR expected in the Water Quality Testing Equipment Market?
3. What Are the Key Innovations Transforming the Water Quality Testing Equipment Industry?
4. Which Region Is Leading the Water Quality Testing Equipment Market?
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