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.
Some of the key questions
answered in this exclusive report are:
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?
Market Segmentation:
In this market, benchtop
and mobile are the major segments of environmental testing equipment market by
platform. 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.
Agilent Technologies,
Thermo Fisher Scientific, Shimadzu, Bruker, Perkinelmer, Danaher, and
Endress+Hauser are the major suppliers in the environmental testing equipment
market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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