Environmental Testing Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Environmental Testing Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

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?

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