Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.24 Billion | USD 19.86 Billion | 7.64% | 2023 |
The global environmental testing market size was worth around USD 10.24 billion in 2023 and is estimated to grow to about USD 19.86 billion by 2032, with a compound annual growth rate (CAGR) of approximately 7.64% between 2024 and 2032.
The report analyzes the Environmental Testing market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Environmental Testing market.
Environmental Testing enables testing the levels of contamination in the natural environment to study its impact on nature and living beings. Demand for environmental testing has exponentially risen over the past few years as the focus on environment conservation has increased due to changing climatic conditions and increasing focus on sustainability.
Stringent mandates are being implemented across the world regarding environmental conservation and this is expected to be a major factor boosting environmental testing market growth through 2032. Increasing deployment of environmental testing services by industries to maintain compliance is also expected to boost environmental testing market potential in the long run.
Environmental testing is the measurement of equipment performance under a specific environmental condition, such as high and low temperature. Environmental testing simulates climatic conditions and mechanical stress. The environmental test sequences for electrical units in international standard IEC 60068-1 and for military supply in the United States national standard MIL-STD-810 G to recommend guidelines for suitable test sequences were investigated. Manufacturers engaged in environmental testing equipment are striving for compliant, safe, and reliable products in each operation. Environmental tests are performed at the marine test site of National Defense and Science Institute for the evaluation of the performance of marine weapon systems and naval vessels. Tests include evaluation of noise level in each space within vessel or submersible vehicle, evaluation of vibrations in working environment, and measurement of infrared radiation to estimate the reduction in a vessel.
Over the past years, environmental pollution is one of the major health concerns globally which will increase demand for the product. A huge number of toxic compounds, particularly from agricultural and industrial activities, are being released into the environment frequently. Increased discovery of contaminated chemical compounds in the atmosphere, particularly in water and their natural effects on organisms is fueling the growth of the environmental testing market. Harmful chemicals stimulate toxic effects to the organisms when released in the environment, but consequences are delayed owing to the effects of biomagnification and bioaccumulation.
COVID-19 Impact:
The pandemic of 2020 had an adverse impact on the Environmental Testing market as the world was dealing with the unprecedented onset of a global pandemic. Lockdown restrictions were imposed across the world to contain the spread of coronavirus infections and this led to a very limited outdoor activity and hence resulted in a drop in environmental testing across the world.
The closure of multiple industries also led to a drop in demand for environmental testing services and solutions in the pandemic era. The negative trend of the market is expected to diminish as the pandemic subsides and the world returns to normal and governments across the world bolster their focus on saving the environment to avoid the climatic emergency that is worsening with every passing day.
Increasing rules and regulations for the protection of the environment and several government initiatives & authorities to monitor environmental conditions are expected to drive the environmental testing market growth over the forecast period. Moreover, increasing incidences of health issue caused due to organic contamination, the rapid development of industrial technology coupled with changes in the natural environment across the world are anticipated to upsurge the demand for the technology in the future years. Harmful effects of contaminants on the human and ecosystem is not assessed by standard chemical analysis of samples, thus toxicity tests by using organisms or cells is an important part of the environmental monitoring. Various biological methods on the basis of native or genetically modified microorganisms as test species have been applied to environmental toxicity assessment.
Rising Stringent Mandates from Governments Across the World.
The world has seen some major changes in the environment over recent years and the deterioration of the environment has led to some major actions being taken across the world. Governments across the world are imposing new regulations to control environmental pollution and conserve the environment. These stringent mandates are propelling the demand for environmental testing services and solutions in industries and other applications across multiple industry verticals.
High Costs of Environmental testing to Hinder Market Growth
Environmental Testing can incur huge costs as sample preparation can require a full-blown laboratory setup and this could be a major expenditure for many companies this could act as a major restraining factor for the environmental testing market growth in the long run. The requirement of advanced instruments and equipment which is costly is also a major factor that would hamper environmental testing market potential over the forecast period.
The global Environmental Testing market is segregated based on sample, technology, targets tested, end user, and region.
By technology, the market is divided into Conventional, Rapid, Kits, Spectrometry, Chromatography, PCR, Immunoassay, and Near- Infrared (NIR) technology. The rapid segment is anticipated to hold a dominant market share in the global Environmental Testing market. Hass free nature of these test kits and easy to use and transport nature are major factors propelling the growth of this segment through 2028.
By sample, the Environmental Testing market is segmented into Wastewater/effluent, Soil, Water, Air, and Others (building material, chemicals, and fuel/oil testing). The wastewater/effluent segment is expected to hold a major market share through the forecast period owing to a rising instance of pollution across the world.
Report Attributes | Report Details |
---|---|
Report Name | Environmental Testing Market Research Report |
Market Size in 2023 | USD 10.24 Billion |
Market Forecast in 2032 | USD 19.86 Billion |
Growth Rate | CAGR of 7.64% |
Number of Pages | 192 |
Key Companies Covered | SGS SA (Switzerland), Eurofins (Luxembourg), Intertek (UK), Bureau Veritas (France), ALS (Australia), TÜV SÜD (Germany), Asure Quality (New Zealand), Merieux (US), Microbac (US), R J Hill Laboratories (New Zealand), Symbio (Australia), Alex Stewart (UK), EMSL Analytical Services (US), Hydrologic Associates (US), Environmental Testing, Inc. (US), Alpha analytical (US ), Advanced Environmental Testing (US ), American Environmental Testing Lab (US), Pace Analytical (US), AnaLabs (US) |
Segments Covered | By Technology, By Sample, By Targets Tested, By End user, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The market for Environmental Testing in North America will be a leading one in the global landscape over the forecast period owing to increasing investments in environmental conservation. Increasing strict mandates from governments in this region are also expected to positively influence the environmental testing market potential over the forecast period. The presence of an effective technological infrastructure facilitates the growth of the environmental testing market in this region. Increasing focus on regulating environmental safety will also further bolster market potential through 2028.
Increasing industrial activity in the Asia Pacific region will also boost the environmental testing market growth in this region and rising strict norms for safeguarding the environment in this region are also expected to help market growth.
Some of the main competitors dominating the global Environmental Testing market include:
By Technology
By Sample
By Targets Tested
By End user
By Region
FrequentlyAsked Questions
Increasing focus on sustainability, stringent government regulations and increasing industrialization are some major trends that guide Environmental Testing market growth.
According to the Zion Market Research report, the global environmental testing market size was worth around USD 10.24 billion in 2023 and is predicted to grow to around USD 19.86 billion by 2032.
North America has been leading the global Environmental Testing market and is anticipated to continue on the dominant position in the years to come.
Some of the main competitors dominating the global Environmental Testing market include -- SGS SA (Switzerland), Eurofins (Luxembourg), Intertek (UK), Bureau Veritas (France), ALS (Australia), TÜV SÜD (Germany), Asure Quality (New Zealand), Merieux (US), Microbac (US), R J Hill Laboratories (New Zealand), Symbio (Australia), Alex Stewart (UK), EMSL Analytical Services (US), Hydrologic Associates (US), Environmental Testing, Inc. (US), Alpha analytical (US ), Advanced Environmental Testing (US ), American Environmental Testing Lab (US), Pace Analytical (US), AnaLabs (US).
The CAGR value of Environmental Testing market is expected to be around 7.64% during 2024-2032.
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