$5.67 Billion Water Quality Testing Equipment Market - Global Analysis and Forecasts to 2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 30, 2019--
The “Water Quality Testing Equipment Market to 2027 - Global Analysis and Forecasts by Product Type; Type; and End-User” report has been added to ResearchAndMarkets.com’s offering.
The global water quality testing equipment market accounted for US$ 3.41 Bn in 2018 and is expected to grow at a CAGR of 5.93% over the forecast period 2019-2027, to account for US$ 5.67 Bn by 2027.
Growth in recent years in the water quality testing equipment market is primarily driven by the increasing need for monitoring the water contamination levels in the water bodies and ensuring safe water access for consumptions. North America region is observed to garner the highest market share in the water quality testing equipment market.
Steady growth in the implementations of water quality testing equipment is being observed globally in various industrial premises, Government bodies, and other commercial bodies where water plays a key operational role. Over the years, rapid urbanization and industrialization have caused paradigm shifts in the water ecosystem as well as imbalances in the water supply and demands from end-users.
Water contamination has been a major by-product of the rapid and unplanned industrialization as well as urbanization in the developed as well as developing economies. The contamination of water resources poses a serious threat to environmental health as well as human health.
Regions characterized by unhygienic and under-developed water supply and sanitation facilities have remained prone to a higher number of water-borne diseases. Further, the climatic changes globally have also had deepening impacts on the available water resources. These factors augur in favor of the growth of the water quality testing equipment market.
The SDWA law is managed by the Environmental Protection Agency (EPA) that implements and executes the monitoring of legislation in the country. The EPA supervises the localities, states as well as the water suppliers those who apply these standards. The Department of Natural Resources and the Department of Environmental Quality are mandated to strictly enforce these water regulations that are set by the SDWA.
Apart from this, the American Water Works Association (AWWA) is responsible for issuing standards and guidelines for the construction of water infrastructure in the country. The water infrastructure constitutes of water treatment facilities, water storage facilities, public water utilities, and the allied distribution systems. Stringent mandates on water quality standards are also anticipated to drive the water quality testing equipment market.
Key Topics Covered:
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. Water Quality Testing Equipment Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 PEST Analysis
5. Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing demands for chemical and bacteria free water coupled with increasing water consumptions
5.1.2 Stringent legislations across the globe on maintaining water quality propels the need for water quality testing
5.1.3 Innovative water processing techniques especially in regions with water scarcity demand for an integrated water quality monitoring system
5.2 Key Market Restraints
5.2.1 Inability of the testing equipment to detect all kinds of contamination
5.3 Key Market Opportunity
5.3.1 Increasing consumer awareness with regards to the water quality
5.4 Future Trends
5.4.1 Increase in demand for water Quality Testing Equipment with the increase in smart city initiatives
5.5 Impact Analysis of Drivers and Restraints
6. Water Quality Testing Equipment - Global Market Analysis
6.1 Global Water Quality Testing Equipment Market Overview
6.2 Global Water Quality Testing Equipment Market Forecast and Analysis
6.3 Market Positioning/ Market Share
7. Water Quality Testing Equipment Market Revenue and Forecasts to 2027- Product Type
7.2 Global Water Quality Testing Equipment Market Breakdown, By product Types, 2017 & 2027
7.3 PH Meter Market
7.4 Dissolved Oxygen Market
7.5 Conductivity Meter Market
7.6 Turbidity Tester Market
7.7 Others Market
8. Water Quality Testing Equipment Market Revenue And Forecasts To 2027-Type
8.2 Global Water Quality Testing Equipment Market Breakdown, By Types, 2017 & 2027
8.3 Handheld/Portable Market
8.4 Benchtop Market
9. Water Quality Testing Equipment Market Revenue And Forecasts To 2027-End-Users
9.2 Global Water Quality Testing Equipment Market Breakdown, By Types, 2017 & 2027
9.3 Industrial Market
9.4 Commercial Market
9.5 Government Market
9.6 Other Market
10. Water Quality Testing Equipment Market - Geographical Analysis
11. Water Quality Testing Equipment Market - Industry Landscape
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/qceih1
View source version on businesswire.com:https://www.businesswire.com/news/home/20191030005891/en/
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PUB: 10/30/2019 02:45 PM/DISC: 10/30/2019 02:45 PM