Global Water Quality Testing Equipment Market Projected to Grow at 6.2% CAGR, Reaching $6.15 Billion by 2029

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What Will the Water Quality Testing Equipment Industry Market Size Be by 2025?
In the past few years, the market size of water quality testing equipment has seen consistent growth. It is projected to expand from $4.6 billion in 2024 to $4.83 billion in 2025, with a compound annual growth rate (CAGR) of 5.0%. The growth experienced in the historical period is due to factors such as regulatory compliance, the impact of industrialization, public health issues, and environmental consciousness.

What's the Long-Term Growth Forecast for the Water Quality Testing Equipment Market Size Through 2029?
The market size for water quality testing equipment is projected to witness substantial growth in the upcoming years, reaching $6.15 billion in 2029 with a compound annual growth rate (CAGR) of 6.2%. This anticipated expansion during the forecasted period can be attributed to international water crisis issues, urbanization and infrastructure progression, industrial adherence to regulations, and the effects of climate change. The period is expected to see significant trends, such as advancements in technology, distributed testing solutions, the incorporation of data analytics and AI, remote surveillance, and cloud-based solutions, as well as multi-parameter testing.

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What Are the Key Growth Drivers Fueling the Water Quality Testing Equipment Market Expansion?
The rise in water contamination occurrences is anticipated to foster the expansion of the water quality testing equipment market. The term water contamination typically refers to the dispersion of pollutants into underground water or into various bodies of water such as lakes, streams, rivers, and oceans to an extent where they hinder the natural functioning of ecosystems or people's ability to use water beneficially. Equipment for water quality testing is utilized for detecting pollutants and assessing different features of water quality. It is instrumental in finding out the existence and concentration levels of different compounds and impurities in water sources. For example, the Environment Agency, a non-departmental public body based in the UK, reported that in July 2023, around 2,026 incidents linked to sewage and water supply infrastructure came up, an increase from 1,883 in 2021. Out of the 368 incidents that affected water supply assets (345 in 2022 compared to 189 in 2021), the majority were from the water distribution system. There was also an increase in episodes of pollution (triggered by sewage and water supply infrastructure), from 1,883 in 2021 to 2,026 in 2022. Hence, the surge in water contamination incidents is contributing to the growth of the quality testing equipment market.

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What Are the Key Trends Driving Water Quality Testing Equipment Market Growth?
The emergence of new technologies is a key trend gaining traction in the water quality testing equipment industry. Big firms in this industry are concentrating their efforts on embracing innovation to maintain their competitive edge. For instance, in June 2023, In-Situ Inc., a U.S. company that manufactures water treatment equipment, unveiled the Aqua TROLL 700 and 800 Multiparameter Sondes, brand-new multiparameter water quality tools that offer long-term constant water monitoring. The Aqua TROLL 700 and 800 are both furnished with six Aqua TROLL sensors and an automated antifouling wiper. These devices perform exceedingly well in freshwater, brackish and saltwater surroundings for enduring real-time monitoring and instant checks. They integrate seamlessly into In-Situ's system, which includes cables, handhelds, and communications. They are ideal for marine usage, where biofouling is a substantial concern, thanks to their proven antifouling technology.

How Is the Water Quality Testing Equipment Market Segmented?
The water quality testing equipmentmarket 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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Which Companies Are Leading the Charge in Water Quality Testing Equipment Market Innovation?
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.

Which Regions Are Leading the Global Water Quality Testing Equipment Market in Revenue?
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

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