Water Testing and
Analysis Market is gaining prominence all over the globe owing to the
maximum application of the technology in industrial segments.
In industries, the water is reused after the treatment and
at this stage the testing and analysis equipment plays a major role; the other
end user industries being environmental, government, industrial, laboratories,
others. More precisely, the applications are noted to be environmental
agencies, municipal water plants and industrial users, such as beverage and
electronics are few of the applications of water testing and analysis systems.
Water testing and analysis market basically implement
techniques to analyze and test the quality of the water to assess water
quality, study characteristics of polluted/waste water, drinking water health
and also for testing the treated water.
Market Drivers:
Necessity for clean water, increase in water contamination, rapid
industrialization, release of water from industries, rising demand &
consumption of water from industries, government policies and growing
population are the top leading market propellants for the Water Testing and
Analysis Market. End note, whether across domestic or industrial purposes, the
global water sample testing market is being qualitatively driven.
Regional Analysis:
Europe and Americas are the major regional contributors of
the global water testing and analysis market. Europe is projected to upsurge at
notable CAGR of 6.3% during forecast period 2014-2020 owing to the stringent
rules for environmental protection and also for the usage of quality water in
manufacturing and other services sectors the growth in this market. In Europe,
Germany and U.K. are the major two countries owing to the high demand from the
manufacturing industries and stringent regulations for industries to use
quality water. In U.S., demand from industrial sector such as paper industry,
food industry and others have been driving the global market.
Segment Brief: Among
water quality analysis equipment, portable product type is widely used across
the globe followed by handheld product type.
IndustryARC suggested that the Portable product type accounted
for around 43.4% of the total market share. Portable water testing instruments
are mainly used for the determination of the value of specified parameters of
water quality. These types of instruments may be easily carried by testing
personnel and they do not require any power.
Market Segmentation:
Water Testing and Analysis Market, on thorough analysis is
segmented into 4 types based on the following factors:
1.
By
Product Type: Portable, Handheld, Benchtop and Others.
2.
By
Application: Residential & Commercial, Desalination, Municipal, Wastewater,
Power, Pharmaceutical, Semiconductor, F&B, Mining, Retails, Refineries,
Metals, Chemicals and Others.
3.
By
End-User: Environmental, Government, Industrial, Laboratory and Others.
4.
By
Geography: Americas, Europe, APAC and ROW.
Key Market Vendors:
More than 40 companies are analyzed in this report on Water
Testing and Analysis Market by research experts of IndustryARC. The players are
analyzed based on multiple business aspects like Product Portfolio, Company
Profiles, Financial Statuses and many more. Some of the competitors included
are:
·
Emerson Electric Co.
·
Thermo Fisher Scientific Inc.
·
Agilent Technologies Inc.
·
ABB Ltd.
·
Myron L Company
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