Environmental Testing Equipment Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report 2020- 2028

Rising concerns regarding environmental pollution is one of the major factors driving revenue growth of the global environmental testing equipment market

VANCOUVER, BC, CANADA, August 10, 2022 /EINPresswire.com/ -- The global environmental testing equipment market size is expected to reach USD 4.09 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Global environmental testing equipment market revenue growth is driven by growing concerns regarding environmental degradation, increasing pollution levels, rising emphasis on wastewater treatment, and increasing adoption of advanced environmental testing solutions. Environmental testing equipment helps to identify sediments or contaminants in samples and detect their impact on the environment. Increasing demand for environmental testing equipment is the rising due to implementation of stringent regulatory industry practices enforcing high-efficiency standards and sustainability in consumption of energy and materials and different applications of materials that generate harmful by-products and cause environmental degradation. Government and statutory regulations play a vital role in increasing environmental expenditure and rising adoption of environmental testing equipment in various industries. 

The Environmental Testing Equipment Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2028. The report studies the historical data of the Environmental Testing Equipment market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Environmental Testing Equipment industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Environmental Testing Equipment market.

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Top competitors of the Environmental Testing Equipment Market profiled in the report include:

Agilent Technologies, Thermo Fisher Scientific, Waters Corporation, Shimadzu Corporation, Bruker, PerkinElmer, SCIEX, JEOL, Analytik Jena, and Merck KGaA.

Some Key Findings From the Report:

In February 2021, Illinois American Water acquired water distribution system of Concordia Water Cooperative for USD 1.7 Million. This acquisition will help Illinois American Water to expand its customer base and provide high-quality water services to its new and existing customers.

Mass spectrometers segment is expected to register a 7.7% CAGR throughout the forecast period. Technological advancements in gas chromatography-mass spectrometry (GC-MS) instruments is increasing adoption of mass spectrometers for environmental testing.

Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period. Rising awareness regarding environmental degradation and increasing adoption of advanced testing equipment are key factors boosting revenue growth of the market in this region.

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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.

For the purpose of this report, Emergen Research has segmented the global environmental testing equipment market based on product, application, distribution channel, and region:

Product Outlook (Revenue, USD Billion; 2018–2028)
Mass Spectrometers

Liquid Chromatography-Mass Spectrometry (LC-MS) Instruments

Gas Chromatography-Mass Spectrometry (GC-MS) Instruments

Inductively Coupled Plasma Mass Spectrometers

Molecular Spectroscopy Products

pH Meters

TOC Analyzers

Dissolved Oxygen Meters

Chromatography Products

Liquid Chromatograph

Gas Chromatograph

Conductivity Sensors

Turbidity Meters

Others

Application Outlook (Revenue, USD Billion; 2018–2028)

Water Testing

Air Testing

Soil Testing

Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)

Online

Offline

Regional Analysis of the Environmental Testing Equipment Market:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Market Overview:

The research report on the Environmental Testing Equipment market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Environmental Testing Equipment business sphere.

Key Objectives of the Report:

Analysis and estimation of the Environmental Testing Equipment market size and share for the projected period of 2020-2028

Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape

Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Environmental Testing Equipment market

Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments

Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Environmental Testing Equipment Market Size Worth USD 4.09 Billion in 2028