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Environmental Testing Equipment Market by Application(Water (PFAS), Air, Soil), End User (Labs, Govt. Agencies) - Global Forecast to 2027

05-27-2022 08:22 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: ReportsnReports

The global environmental testing equipment market is estimated to reach USD 1.6 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 7.6% during the forecast period (2022-2027). Growth in the environmental testing equipment market is mainly driven by the rising levels of environmental pollution worldwide, increasing efforts from public/private organizations to raise awareness about environment protection, privatization of environmental testing and treatment services, and increasing funding on wastewater treatment projects/programs. Increasing industrial activities post COVID-19, and the growing utilization of mobile & portable systems are also expected to provide a wide range of growth opportunities for players in the market. On the other hand, high capital investments for accurate and sensitive analytical testing and inadequate supporting infrastructure coupled with the shortage of skilled professionals are factors expected to limit market growth to a certain extent in the coming years.

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The major players operating in the environmental testing equipment market include Agilent Technologies Inc. (US), Thermo Fisher Scientific Inc. (US), Shimadzu Corporation (Japan), Waters Corporation (US), Bruker Corporation (US), PerkinElmer Inc. (US), Merck KGaA (Germany), Danaher Corporation (US), JEOL Ltd. (Japan), Endress+Hauser Group Services AG (Analytik Jena, Switzerland), JASCO Corporation (Japan), Teledyne Technologies Incorporated (US), AMETEK, Inc. (US), and INFICON (Switzerland), among others.

The environmental testing equipment industry is segmented into five major regions, namely, North America, Europe, the AsiaPacific, Latin America, and the Middle East & Africa. The Asia Pacific region is expected to be the fastest-growing region during the study period. The demand for environmental testing equipment in the APAC is supported by the increasing government emphasis on the strict implementation of pollution control strategies, rapid and large-scale industrialization, increasingly stringent environmental regulation policies, and the growing need to comply with safety regulations. However, a shortage of skilled professionals to operate advanced instruments, the slow implementation of pollution control reforms due to budgetary constraints, and the pricing pressures faced by prominent product manufacturers in the region are expected to restrain the growth of the Asia Pacific environmental testing equipment market during the forecast period.

This report studies the environmental testing equipment market based on product, platform, application, end user, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).

Reasons to Buy the Report

The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.

This report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios offered by the top players in the environmental testing equipment market
Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the environmental testing equipment market
Market Development: Comprehensive information on lucrative emerging regions
Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the environmental testing equipment market
Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions & Exclusions
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Geographies Covered
1.3.3 Years Considered For The Study
1.4 Currency Used For The Study
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Research
2.1.1.1 Secondary Data Sources
2.1.2 Primary Data Sources
2.1.2.1 Breakdown Of Primaries
Figure 2 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Estimation Methodology
Figure 3 Research Methodology: Hypothesis Building
2.2.1 Revenue Mapping-Based Market Estimation
2.2.2 Usage-Based Market Size Estimation
Figure 4 Market Size Estimation Methodology: Global Environmental Testing Equipment Market
2.2.3 Primary Research Validation
2.3 Assessment Of The Impact Of Covid-19 On The Economic Scenario
2.4 Data Triangulation
Figure 5 Data Triangulation
2.5 Research Assumptions
2.6 Research Limitations

3 Executive Summary
Figure 6 Environmental Testing Equipment Market, By Product, 2022 Vs. 2027 (Usd Million)
Figure 7 Environmental Testing Equipment Market, By Application, 2022 Vs. 2027 (Usd Million)
Figure 8 Environmental Testing Equipment Market, By End User, 2022 Vs. 2027 (Usd Million)
Figure 9 Environmental Testing Equipment Market, By Platform (2022 Vs. 2027)
Figure 10 Environmental Testing Equipment Market: Geographic Snapshot

4 Premium Insights
4.1 Environmental Testing Equipment Market Overview
Figure 11 Rising Levels Of Environmental Pollution Worldwide Drives The Market Growth For Environmental Testing Equipment
4.2 Environmental Testing Equipment Market For Mass Spectrometers, By Type
Figure 12 Gc-Ms Segment To Dominate The Mass Spectrometer Market During The Forecast Period
4.3 Environmental Testing Equipment Market For Water Quality Testing, By Pollutant Type
Figure 13 Organic Pollutants Accounted For The Largest Share Of The Water Quality Testing Market In 2021
4.4 Environmental Testing Equipment Market For Air Quality Testing, By Pollutant Type
Figure 14 Volatile Organic Pollutants Accounted For The Largest Share In The Air Quality Testing Market In 2021
4.5 Environmental Testing Equipment Market For Soil Quality Testing, By Pollutant Type
Figure 15 Pesticide Testing Accounted For The Largest Share In The Soil Quality Testing Market In 2021
4.6 Geographic Snapshot Of The Environmental Testing Equipment Market
Figure 16 China Is Expected To Be The Fastest-Growing Market For Environmental Testing Equipment During The Forecast Period

5 Market Overview
and more..

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