Global Environmental Testing Equipment Market Size, Drivers, Trends, Opportunities And Strategies – Includes Environmental Testing Equipment Market Growth
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Rising levels of environmental pollution worldwide are expected to drive innovation in environmental testing equipment manufacturing, thus driving the market during the forecast period.
The global environmental testing equipment market is expected to grow from $1.04 billion in 2022 to $1.14 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The environmental testing equipment market size is expected to grow to $1.63 billion in 2027 at a CAGR of 9.4%.
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- By Product: Chromatography Products, Mass Spectrometers, Molecular Spectroscopy Instruments, Total Organic Carbon (TOC) Analysers, Dissolved Oxygen Analysers, Conductivity Sensors, Turbidity Meters, pH Meters
- By Application: Water Testing, Air Testing, Soil Testing
- By End-Use Industry: Government Agencies and Municipal Authorities, Environmental Testing Laboratories, Industrial Facilities, Commercial & Residential Facilities
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global environmental testing equipment market in 2021.
Major Market Players in the environmental testing equipment market include Agilent Technologies Inc., Thermo Fisher Scientific Inc., Shimadzu Corporation, Waters Corporation, Bruker Corporation, PerkinElmer Inc.
Technological advancement is the key trend gaining popularity in the environmental testing equipment market. Major companies operating in the environmental testing equipment market focus on providing technologically advanced solutions to meet the end-customer demand and strengthen their market position across the globe. For instance, In June 2020, Agilent Technologies (US) introduced two new mass spectrometry (MS) products, the Agilent 6470B Triple Quadrupole LC/MS (6470 LC/TQ) system, and the Agilent Rapid Fire 400 system, to provide customers with greater sample throughput and reduced time to obtain findings by delivering even faster detection of target chemicals.
The Environmental Testing Equipment Global Market Report 2023 provides a environmental testing equipment market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The environmental testing equipment market forecast analyzes environmental testing equipment market size, environmental testing equipment market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The environmental testing equipment refer to various products and equipment primarily used to evaluate the dependability of multiple products and components under continuous exposure to a variety of environmental conditions. The purpose of the equipment is to detect and identify multiple contaminants that may impact the quality of the air, water, and soil.
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