Water Testing And Analysis Market Landscape 2025: Forecast Data and Growth Strategy Insights

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What Is the Expected CAGR for the Water Testing And Analysis Market Through 2025?
The size of the water testing and analysis market has seen robust growth in the past few years. There is a projected growth from $4.13 billion in 2024 to $4.37 billion in 2025, with a compound annual growth rate (CAGR) of 5.7%. Factors contributing to the growth during the historic period include strict regulations on water quality, increasing worry about diseases transmitted through water, monitoring of industrial pollution and effluents, expansion of agricultural practices, and the growth of urbanization and infrastructure.

What's the Projected Size of the Global Water Testing And Analysis Market by 2029?
The market size for water testing and analysis is predicted to experience significant growth in the upcoming years, reaching $5.63 billion in 2029 with a compound annual growth rate (CAGR) of 6.6%. The anticipated expansion in the forecasted period can be credited to factors such as increasing global population and water shortages, heightened awareness regarding the presence of emerging contaminants, focus on recycling industrial water, the consequences of climate change on water sources and government-led initiatives for effective water management. Prominent trends in this forecasted period encompass the concentration on emerging contaminants and micropollutants, application of drones and remote sensing for water surveillance, partnerships between tech providers and water utilities, adoption of real-time reporting on water quality, and intensified focus on recycling and reusing water.

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Top Growth Drivers in the Water Testing And Analysis Industry: What's Accelerating the Market?
The escalating frequency of diseases spread through water is fuelling the growth of the water testing and analysis market. Contamination of drinking water with harmful microorganisms such as protozoa, viruses, bacteria, and intestinal parasites results in waterborne diseases. As per the World Health Organization in Switzerland, in July 2022, around 829,000 individuals globally succumb to diarrheal diseases annually due to inadequate or unsafe drinking water, sanitation, and hygiene (WASH) conditions. Consequently, the increasing occurrence of waterborne diseases is anticipated to propel the water testing and analysis market forward.

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What Trends Will Shape the Water Testing And Analysis Market Through 2029 and Beyond?
A recent trend that has been gaining traction in the water testing and analysis market is the adoption of solutions-as-a-service (SaaS) based platforms. These platforms are increasingly being utilized by water testing businesses to provide online services such as water quality management, EHS compliance, and carbon reporting. The SaaS model functions when a software vendor offers access to its software, which operates remotely as an internet-based service. Many firms are now proposing SaaS to water testing and management companies to enhance their operations. To illustrate, in January 2023, Waters Corporation, an analytical laboratory instrument manufacturer based in the US, introduced a new SaaS application named waters connect System Monitoring, specifically built for high-volume quality assurance/quality control (QA/QC) labs.

What Are the Main Segments in the Water Testing And Analysis Market?
The water testing and analysismarket 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

Subsegments:
1) By TOC Analyzer: Online TOC Analyzers, Portable TOC Analyzers
2) By pH Meter: Benchtop pH Meters, Portable pH Meters
3) By Dissolved Oxygen Meter: Portable Dissolved Oxygen Meters, Benchtop Dissolved Oxygen Meters
4) By Conductivity Sensor: Portable Conductivity Meters, Fixed Conductivity Sensors
5) By Turbidity Meter: Portable Turbidity Meters, Laboratory Turbidity Meters
6) By Other Types: Total Hardness Test Kits, Chlorine Meters, Nutrient Analyzers

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Which Top Companies are Driving Growth in the Water Testing And Analysis Market?
Major companies operating in the water testing and analysis market include General Electric Company, Veolia Environnement SA, Honeywell International Inc., Danaher Corporation, ABB Ltd., Daikin Industries Ltd., Johnson Controls International plc, Carrier Global Corporation, Emersion Electric Co, Suez SA, Eurofins Scientific SE, SGS S.A., Agilent Technologies Inc., Bureau Veritas AS, Lennox International Inc., Charles River Laboratories, Mettler-Toledo International Inc., Endress+Hauser Management AG, Intertek Group plc, Shimadzu Corporation, TUV SUD EV, UL LLC, Horiba Ltd., ALS Limited, Neogen Corporation, NSF International, Merieux NutriSciences Corp., Thermo Fisher Scientific Inc., Tintometer GmbH

Which Regions Will Dominate the Water Testing And Analysis Market Through 2029?
North America was the largest region in the water testing and analysis market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global water testing and analysis market during the forecast period. The regions covered in the water testing and analysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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