Global Water Testing Equipment Market Size & Outlook

The water testing equipment industry worldwide is expected to reach a projected revenue of US$ 7,147.9 million by 2030. A compound annual growth rate of 6.1% is expected of the worldwide water testing equipment industry from 2023 to 2030.
Revenue, 2022 (US$M)
$4,449.0
Forecast, 2030 (US$M)
$7,147.9
CAGR, 2023 - 2030
6.1%
Report Coverage
Worldwide

Global water testing equipment market highlights

  • The global water testing equipment market generated a revenue of USD 4,449.0 million in 2022 and is expected to reach USD 7,147.9 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 6.1% by 2030.
  • In terms of segment, spectrometer accounted for a revenue of USD 1,555.4 million in 2022.
  • Chromatograph is the most lucrative instrument segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.


Global data book summary

Market revenue in 2022USD 4,449.0 million
Market revenue in 2030USD 7,147.9 million
Growth rate6.1% (CAGR from 2022 to 2030)
Largest segmentSpectrometer
Fastest growing segmentChromatograph
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTOC Meter, PH Meter, Dissolved Oxygen Meter, Conductivity Meter, Turbidity Meter, Spectrometer, Chromatograph


Other key industry trends

  • In terms of revenue, the North America accounted for 34.2% of the global water testing equipment market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Spain is the fastest growing regional market and is projected to reach USD 187.4 million by 2030.

Spectrometer was the largest segment with a revenue share of 34.96% in 2022. Horizon Databook has segmented the Global water testing equipment market based on toc meter, ph meter, dissolved oxygen meter, conductivity meter, turbidity meter, spectrometer, chromatograph covering the revenue growth of each sub-segment from 2018 to 2030.


Water is an essential resource in daily life and is largely used to carry out industrial and construction processes. According to the U.S. Geological Survey (USGS), in 2021, around 70% of the earth surface is covered with water, of which 96.5% is found in oceans, seas, and bays in the form of saline water. However, the remaining 3.5% is freshwater, which is used for daily activities.


Freshwater is obtained through various sources such as groundwater, rivers, streams, and lakes. Population growth, rapid urbanization, technological advancements, and infrastructure expansion have all increased global demand for fresh and processed water. The human population has grown more than doubled in the last 50 years resulting in high consumption of water.


According to the WHO report 2022, 1.6 billion people lacked access to safely managed drinking water services. Although water sources such as the Ganges and Brahmaputra provide significant quantities of freshwater in the Asia Pacific region, obtaining water from these sources is anticipated to be increasingly difficult as the region is home to around 60% of the global population as per the Asian Development Bank.

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Water Testing Equipment Market Companies

Name Profile # Employees HQ Website

Global water testing equipment market size, by regions, 2018-2030 (US$M)

Top 10 countries: Water testing equipment market size, 2022 (US$M)

Global water testing equipment market share, by instrument, 2022 & 2030 (%, US$M)

Water testing equipment market: Opportunity assessment by country

Global water testing equipment market, by region, 2022 (US$M)

Global water testing equipment market size, by regions, 2018-2030 (US$M)

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