Asia Pacific Water Testing Equipment Market Size & Outlook
The water testing equipment market in Asia Pacific is expected to reach a projected revenue of US$ 1,879.9 million by 2030. A compound annual growth rate of 6.4% is expected of Asia Pacific water testing equipment market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,140.2
Forecast, 2030 (US$M)
$1,879.9
CAGR, 2023 - 2030
6.4%
Report Coverage
Asia Pacific
Asia Pacific water testing equipment market, 2018-2030 (US$M)
Related Markets
Asia Pacific water testing equipment market highlights
- The Asia Pacific water testing equipment market generated a revenue of USD 1,140.2 million in 2022.
- The market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
- In terms of segment, spectrometer was the largest revenue generating instrument in 2022.
- Chromatograph is the most lucrative instrument segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,140.2 million |
| Market revenue in 2030 | USD 1,879.9 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Spectrometer |
| Fastest growing segment | Chromatograph |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | TOC Meter, PH Meter, Dissolved Oxygen Meter, Conductivity Meter, Turbidity Meter, Spectrometer, Chromatograph |
| Key market players worldwide | Thermo Fisher Scientific Inc, SGS AG, Emerson Electric Co, Honeywell International Inc, Danaher Corp, Horiba Ltd, 3M Co, Mettler-Toledo International Inc, PerkinElmer, Eurofins Scientific SE, IDEXX Laboratories Inc, Agilent Technologies Inc, Shimadzu Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.6% of the global water testing equipment market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 378.8 million by 2030.
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Water Testing Equipment Market Scope
Water testing equipment market segmentation & scope
Others
Water Testing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific water testing equipment market size, by country, 2018-2030 (US$M)
Asia Pacific Water Testing Equipment Market Outlook Share, 2022 & 2030 (US$M)
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