What Testing Equipment Are Used to Determine Water Quality?
According to the new research report published by The Insight Partners, titled “Water Quality Testing Equipment Market - Global Analysis and Forecast to 2027”, The Global Water Quality Testing Equipment Market is expected to reach US$ 5.67 billion in 2027, registering a CAGR of 5.93% during the forecast period 2019-2027.
In 2018, North America accounted for the largest market share, growing at a CAGR of 5.08%
The market in the Asia Pacific is anticipated to undergo a rapid transformation as a result of an enhanced focus on metering, market consolidation, and evolving business models in the region. The growth of the market is expected to spike up in APAC as the Governments intervene for reducing non-revenue water, lower operational expenditures, and also bring about better demand management. Utilities have realized the importance of increasing cost recovery in ensuring the financial and environmental sustainability of the water supply. Also, healthy investments from the private sector would improve the water quality testing equipment penetrations in the region.
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In the recent few years, the water quality testing equipment market has noticed the market initiative strategy adopted by the companies to expand their footprint across the world and meet the growing demand of their customers. The market players present in the water quality testing equipment market are mainly focusing on product enhancements by implementing advanced technologies. By signing partnership contracts, joint ventures, collaborations, and inaugurating new offices across the world permit the company to maintain its brand name globally.
The water quality testing equipment market is segmented on the basis of the end-user. The Government segment of end-users is expected to dominate the water quality testing equipment market during the forecast period. The government sector includes laboratories, public water distribution systems, thermal power generation, agricultural, wastewater management, and many more. All these sectors need to follow various government regulations that are mandatory to check the water quality.
Stringent Legislation Across The Globe On Maintaining Water Quality To Contribute To The Water Quality Testing Equipment Market Growth
The Clean Water Act (CWA) in the US is responsible for the protection of water bodies in the US with the standards set as per the desired usage of it. The Safe Drinking Water Act (SWDA) in the country is responsible for maintaining and improving the quality of drinking water supplied to the masses. The SWDA is also accountable for listing the standards in public water treatment plants.
Innovative Water Processing Techniques To Drive The Overall Growth In The Water Quality Testing Equipment Market
The water desalination process is a widely adopted process in the Middle Eastern countries to bring a balance in the demand-supply of water. However, the process is observed to have specific negative impacts on the water bodies and the allied water ecosystem. It has been noted that the desalination process results in the diffusion of chemicals and anti-fouling agents in the sea. As a corrective measure, water agencies use automated warning stations and much other water quality testing equipment for monitoring the quality of water. The adoptions of water quality monitoring systems are therefore anticipated to spike up in the Middle Eastern region.
The List of Companies - Water Quality Testing Equipment Market
- ABB Ltd
- Agilent Technologies Inc.
- AquaPhoenix Scientific Inc.
- Danaher Corporation,
- Emerson Electric Co.
- Eurofins Scientific SE
- General Electric (GE)
- Horiba, Ltd.
- Shimadzu Corporation
- Thermo-Fisher Scientific
Water scarcity issues and the search for alternative water sources are expected to drive the water quality testing equipment market globally. Satiating the water demands of a huge population coupled with increasing water scarcity has propelled researchers to look for other approaches for the extraction of potable water. The desalination process is one of the most widely adopted approaches, especially in Middle Eastern countries. Consistent water quality monitoring in these processes demand a robust installation of water quality testing equipment.