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Environmental Testing Equipment Trends and Forecast
The future of the global environmental testing equipment market looks promising with opportunities in the labs and government agencies markets. The global environmental testing equipment market is expected to reach an estimated $1.95 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing awareness and concern regarding environmental pollution, increased regulatory standards and requirements for environmental testing, and technological advancements and innovations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Environmental Testing Equipment by Segment
The study includes a forecast for the global environmental testing equipment by platform, application, end use industry, and region.
Environmental Testing Equipment Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
• Benchtop
• Mobile
Environmental Testing Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Water
• Air
• Soil
Environmental Testing Equipment Market by End Use Industry Industry [Shipment Analysis by Value from 2018 to 2030]:
• Labs
• Government Agencies
Environmental Testing Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Environmental Testing Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies environmental testing equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the environmental testing equipment companies profiled in this report include-
• Agilent Technologies
• Thermo Fisher Scientific
• Shimadzu
• Bruker
• Perkinelmer
• Danaher
• Endress+Hauser
Environmental Testing Equipment Market Insights
Lucintel forecasts that mobile is expected to witness higher growth over the forecast period due to rising adoption among lab professionals.
Within this market, government agencies will remain the larger segment due to active participation in environmental testing and pollution monitoring.
APAC is expected to witness highest growth over the forecast period due to rapid industrialization, and the growing need to implement with safety regulations.
Features of the Global Environmental Testing Equipment Market
Market Size Estimates: Environmental testing equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Environmental testing equipment market size by platform, application, end use industry, and region in terms of value ($B).
Regional Analysis: Environmental testing equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different platform, application, end use industry, and regions for the environmental testing equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the environmental testing equipment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the environmental testing equipment market size?
Answer: The global environmental testing equipment market is expected to reach an estimated $1.95 billion by 2030.
Q.2 What is the growth forecast for environmental testing equipment market?
Answer: The global environmental testing equipment market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the environmental testing equipment market?
Answer: The major drivers for this market are growing awareness and concern regarding environmental pollution, increased regulatory standards and requirements for environmental testing and technological advancements and innovations.
Q4. What are the major segments for environmental testing equipment market?
Answer: The future of the environmental testing equipment market looks promising with opportunities in the labs and government agencies markets.
Q5. Who are the key environmental testing equipment market companies?
Answer: Some of the key environmental testing equipment companies are as follows:
• Agilent Technologies
• Thermo Fisher Scientific
• Shimadzu
• Bruker
• Perkinelmer
• Danaher
• Endress+Hauser
Q6. Which environmental testing equipment market segment will be the largest in future?
Answer: Lucintel forecasts that mobile is expected to witness higher growth over the forecast period due to rising adoption among lab professionals.
Q7. In environmental testing equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid industrialization, and the growing need to implement with safety regulations.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the environmental testing equipment market by platform (benchtop and mobile), application (water, air, and soil), end use industry (labs and government agencies), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Environmental Testing Equipment Market, Environmental Testing Equipment Market Size, Environmental Testing Equipment Market Growth, Environmental Testing Equipment Market Analysis, Environmental Testing Equipment Market Report, Environmental Testing Equipment Market Share, Environmental Testing Equipment Market Trends, Environmental Testing Equipment Market Forecast, Environmental Testing Equipment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Environmental Testing Equipment Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Environmental Testing Equipment Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Environmental Testing Equipment Market by Platform
3.3.1: Benchtop
3.3.2: Mobile
3.4: Global Environmental Testing Equipment Market by Application
3.4.1: Water
3.4.2: Air
3.4.3: Soil
3.5: Global Environmental Testing Equipment Market by End Use Industry Industry
3.5.1: Labs
3.5.2: Government Agencies
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Environmental Testing Equipment Market by Region
4.2: North American Environmental Testing Equipment Market
4.2.2: North American Environmental Testing Equipment Market by End Use Industry Industry: Labs and Government Agencies
4.3: European Environmental Testing Equipment Market
4.3.1: European Environmental Testing Equipment Market by Platform: Benchtop and Mobile
4.3.2: European Environmental Testing Equipment Market by End Use Industry Industry: Labs and Government Agencies
4.4: APAC Environmental Testing Equipment Market
4.4.1: APAC Environmental Testing Equipment Market by Platform: Benchtop and Mobile
4.4.2: APAC Environmental Testing Equipment Market by End Use Industry Industry: Labs and Government Agencies
4.5: ROW Environmental Testing Equipment Market
4.5.1: ROW Environmental Testing Equipment Market by Platform: Benchtop and Mobile
4.5.2: ROW Environmental Testing Equipment Market by End Use Industry Industry: Labs and Government Agencies
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Environmental Testing Equipment Market by Platform
6.1.2: Growth Opportunities for the Global Environmental Testing Equipment Market by Application
6.1.3: Growth Opportunities for the Global Environmental Testing Equipment Market by End Use Industry Industry
6.1.4: Growth Opportunities for the Global Environmental Testing Equipment Market by Region
6.2: Emerging Trends in the Global Environmental Testing Equipment Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Environmental Testing Equipment Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Environmental Testing Equipment Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Agilent Technologies
7.2: Thermo Fisher Scientific
7.3: Shimadzu
7.4: Bruker
7.5: PerkinElmer
7.6: Danaher
7.7: Endress+Hauser
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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