Canada Water Testing Equipment Market Size & Outlook

The water testing equipment market in Canada is expected to reach a projected revenue of US$ 240.7 million by 2030. A compound annual growth rate of 6.3% is expected of Canada water testing equipment market from 2023 to 2030.
Revenue, 2022 (US$M)
$147.4
Forecast, 2030 (US$M)
$240.7
CAGR, 2023 - 2030
6.3%
Report Coverage
Canada

Canada water testing equipment market, 2018-2030 (US$M)

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Canada water testing equipment market, 2018-2030 (US$M)

Canada water testing equipment market highlights

  • The Canada water testing equipment market generated a revenue of USD 147.4 million in 2022 and is expected to reach USD 240.7 million by 2030.
  • The Canada market is expected to grow at a CAGR of 6.3% 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.


Water testing equipment market data book summary

Market revenue in 2022USD 147.4 million
Market revenue in 2030USD 240.7 million
Growth rate6.3% (CAGR from 2022 to 2030)
Largest segmentSpectrometer
Fastest growing segmentChromatograph
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTOC Meter, PH Meter, Dissolved Oxygen Meter, Conductivity Meter, Turbidity Meter, Spectrometer, Chromatograph
Key market players worldwideThermo 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, Canada accounted for 3.3% of the global water testing equipment market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. water testing equipment market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 180.8 million by 2030.

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Water Testing Equipment Market Companies

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Canada water testing equipment market size, by instrument, 2018-2030 (US$M)

Canada Water Testing Equipment Market Outlook Share, 2022 & 2030 (US$M)

Canada water testing equipment market size, by instrument, 2018-2030 (US$M)

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