Dublin, March 23, 2023 (GLOBE NEWSWIRE) -- The "Environmental Testing Equipment Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global environmental testing equipment market grew from $1.04 billion in 2022 to $1.14 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The environmental testing equipment market is expected to grow to $1.63 billion in 2027 at a CAGR of 9.4%.
North America was the largest region in the environmental testing equipment market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Rising levels of environmental pollution worldwide significantly contribute to the growth of the environmental testing equipment market. Rapid growth in industrialization and urbanization, wildfires, transportation, construction, and demonization has contributed to rising levels of environmental pollution across the globe.
Governments across the globe are investing in environmental testing equipment to constantly monitor changes in air, water, and soil pollution and implement innovative policies to tackle challenges based on inputs from testing activitiesFor instance, according to the report published by Eurostat, a Luxembourg-based statistical office of the European Union, total general government spending on environmental protection in the EU in 2020 amounted to 0.9% of GDP, within this, 0.4% of GDP was spent on waste management,0.2% on waste water management, and 0.1% on each of the COFOG groups for pollution abatement, preservation of biodiversity and landscape and environmental management. Therefore, the rising level of environmental pollution is expected to boost demand for environmental testing equipment during the forecast period.
Technological advancement is the key trend gaining popularity in the environmental testing equipment market. Major companies operating in the environmental testing equipment market focus on providing technologically advanced solutions to meet the end-customer demand and strengthen their market position across the globe.
The countries covered in the environmental testing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
Reasons to Purchase
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Scope
Markets Covered
1) By Product: Chromatography Products; Mass Spectrometers; Molecular Spectroscopy Instruments; Total Organic Carbon (TOC) Analysers; Dissolved Oxygen Analysers; Conductivity Sensors; Turbidity Meters; pH Meters
2) By Application: Water Testing; Air Testing; Soil Testing
3) By End-Use Industry: Government Agencies and Municipal Authorities; Environmental Testing Laboratories; Industrial Facilities; Commercial & Residential Facilities
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $1.14 billion |
| Forecasted Market Value (USD) by 2027 | $1.63 billion |
| Compound Annual Growth Rate | 9.4% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Environmental Testing Equipment Market Characteristics
3. Environmental Testing Equipment Market Trends And Strategies
4. Environmental Testing Equipment Market - Macro Economic Scenario
5. Environmental Testing Equipment Market Size And Growth
6. Environmental Testing Equipment Market Segmentation
7. Environmental Testing Equipment Market Regional And Country Analysis
8. Asia-Pacific Environmental Testing Equipment Market
9. China Environmental Testing Equipment Market
10. India Environmental Testing Equipment Market
11. Japan Environmental Testing Equipment Market
12. Australia Environmental Testing Equipment Market
13. Indonesia Environmental Testing Equipment Market
14. South Korea Environmental Testing Equipment Market
15. Western Europe Environmental Testing Equipment Market
16. UK Environmental Testing Equipment Market
17. Germany Environmental Testing Equipment Market
18. France Environmental Testing Equipment Market
19. Eastern Europe Environmental Testing Equipment Market
20. Russia Environmental Testing Equipment Market
21. North America Environmental Testing Equipment Market
22. USA Environmental Testing Equipment Market
23. South America Environmental Testing Equipment Market
24. Brazil Environmental Testing Equipment Market
25. Middle East Environmental Testing Equipment Market
26. Africa Environmental Testing Equipment Market
27. Environmental Testing Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Environmental Testing Equipment Market
29. Environmental Testing Equipment Market Future Outlook and Potential Analysis
30. Appendix
A selection of companies mentioned in this report includes
- Agilent Technologies Inc
- Thermo Fisher Scientific Inc
- Shimadzu Corporation
- Waters Corporation
- Bruker Corporation
For more information about this report visit https://www.researchandmarkets.com/r/u7tabe
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