Environmental Testing Equipment Market

Environmental Testing Equipment Market (Product - Chromatography Products, Mass Spectrometers, Molecular Spectroscopy, PH Meters, TOC Analyzers, and Other Products; Application - Water Testing, Soil Testing, and Air Testing): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : October, 2019

  • Rep Id : IA0052

  • Category : Industry Automation

  • Status : Published

A recent report published by Infinium Global Research on the environmental testing equipment market provides an in-depth analysis of segments and sub-segments in the global as well as regional environmental testing equipment market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional environmental testing equipment market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global environmental testing equipment market. According to the report, the global environmental testing equipment market is projected to grow at a CAGR of 7.2% over the forecast period of 2019-2025.

 

Market Insight

Pollution is a major concern worldwide. Environmental testing equipment is used to identify and quantify the pollutants in soil, water, and air. This equipment has applications in military, maritime, aeronautical and space. Companies operating in the global environmental testing equipment market are adopting strategies such as mergers, acquisitions, and new product launches that maximize their market share.

 

The rising levels of environmental pollution worldwide drive the growth of the environmental testing equipment market. As per the World health organization, in 2018, around 7 million people died because of air pollution. The increasing initiatives for environmental protection stimulate the growth of the environmental testing equipment market. The growing focus on wastewater treatment contributes to the growth of the environmental testing equipment market. The increasing government rules and regulations regarding environmental protection fuels the growth of environmental testing equipment market. The rising industrialization has boosted the levels of pollution. The growing adoption of environmental testing equipment and technologies to manage industrial waste and emission of carbon dioxide stimulate the growth of the environmental testing equipment market. On the flip side, lack of skilled professionals and high investment for precise analytical testing hamper the growth of the environmental testing equipment market. Moreover, advancement in technology promotes innovation that creates several opportunities for the growth of the environmental testing equipment market.

 

Based on geography, the global environmental testing equipment market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. North America is expected to have a premium share in the global environmental testing equipment market. The growing awareness regarding environmental health and stringent government regulations for environment protection drives the growth of the environmental testing equipment market. Asia-Pacific is anticipated to grow in the global environmental testing equipment market with a significant CAGR over the forecast period. The supportive government rules and regulations for pollution control in Asia-Pacific contribute to the growth of the environmental testing equipment market. Europe is showing growth in the global environmental testing equipment market.

 

Segment Covered

The report on the global environmental testing equipment market covers segments such as product and application. On the basis of product, the sub-markets include chromatography products, mass spectrometers, molecular spectroscopy, PH meters, TOC analyzers, and other products. On the basis of application, the sub-markets include water testing, soil testing, and air testing.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Water Corporation, Thermo Fisher Scientific Inc., Agilent Technologies Inc., Shimadzu Corporation, PerkinElmer, Inc., Brucker Corporation, AB SCIEX, JEOL, Ltd., Analytik Jena AG, Merck KGaA, and other companies.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of environmental testing equipment market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. 


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