Water Testing and Analysis Market


Posted April 17, 2018 by OliveDavid

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Market Data Forecast has announced the addition of the " Water Testing and Analysis Market by Product (PH Meter, Total Organic Carbon, Turbidity Meter, Dissolved Oxygen and Conductivity), By Product Type (Handheld, Portable and Benchtop), By Application (Industrial, Environmental, Laboratory, Government) and By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” is published by Market Data Forecast report to their offering. The Global Water Testing and Analysis Market was priced USD 3.1 billion in 2016 and calculable to be growing at a CAGR of 5.2%, to achieve USD 3.99 billion by 2021, within the mentioned forecast period from 2016 to 2021.

Water is an essential component which is necessary for every living life on the earth such as human beings, animals, and plants for their survival. Water plays a crucial role in the daily activities like drinking purpose, cleaning, washing, and for manufacturing of different products in various industries. Due to several reasons, the water gets contaminated by many factors such as germs, chemical particles, and other factors. This water cannot be used for the consumption of living beings. In such cases, the water needs to be tested in various ways in order to find out their different characteristics such as pH, turbidity etc.

Water Testing and Analysis Equipment is designed in such a way that it is used to check the quality of the water which is used for different purposes like industries, laboratory, environment, and others. The water needs to be tested in order to prevent human from various diseases such as E, Coli, Legionella, and Pseudomonas. Various types of water testing equipment are available in the market for different purposes ranging from industrial scale to house equipment.

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Water Testing and Analysis Market: Drivers and Challenges
Increasing population across the globe coupled with a rise in the demand for consumption of water, growing the demand for water testing equipment everywhere around the globe are fuelling the growth of the market. Other factors such as increasing technological advancements coupled with the innovation of new techniques for testing, increasing awareness among people regarding the quality of the water are driving the demand for the growth of the market.

However, lack of sufficient water across the globe, the high cost equipment, and strict rules and regulations by the government are impeding the growth of the market.

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The fragmentation of Global Water Testing and Analysis Market is done on the basis of application, product, and product type. On the idea of application, the Water Testing and Analysis Market is categorized as Government, Laboratory, Environmental, Industrial, and other applications. Due to strict rules for the quality of water, the industrial segment holds the biggest share of the market.

On the basis of product, the market is segregated into DO meter, Turbidity meter, TOC analyzer, Conductivity sensor, PH meter, and other products. In this segment, DO meter and PH meter is widely used in the laboratories. On the source of product type, the Global Water Testing and Analysis Market is bifurcated into Benchtop and Portable, Handheld, others. Portable segment from product type of water testing market is estimated to hold the largest share and it is followed by handheld products.

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Regional Overview
The market has additionally been geologically sectioned into the Middle East and Africa, Europe, Latin America, Asia-Pacific, and North America. In 2016, North America drove the worldwide Water Testing and Analysis Market as far as a piece of the overall industry. The piece of the overall industry in North America has dwindled attributable to the rising large number of industries and availability of huge infrastructure. The Asia-Pacific and other rising countries are predicted to create at a fast pace in the Water Testing and Analysis Market in the next years due to increasing awareness about the quality of the water.

The major manufactures of the Water Testing and Analysis Market include Mettler-Toledo International Inc, Agilent Technologies Inc., General Electric Company, Abb Ltd, Honeywell International Inc., Thermo Fisher Scientific, Inc., Horiba, Ltd., Tintometer Gmbh, Emerson Electric Co., and Danaher Corporation.

Scope of the report
• The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
• The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
• What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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Issued By Market Data Forecast
Country Libyan Arab Jamahiriya
Categories Food , Industry
Last Updated April 17, 2018