|
Forecast Period
|
2025-2029
|
|
Market Size (2023)
|
USD 263.58 Million
|
|
CAGR (2024-2029)
|
8.45%
|
|
Fastest Growing Segment
|
Portables
|
|
Largest Market
|
South India
|
India water testing and analysis market is anticipated to grow
at a robust CAGR during the forecast period 2025-2029F owing to rapid
urbanization, increase in the demand for pure & clean water, strict
government policies to maintain the quality of water, growing awareness
regarding the usage of pure water in the industries, and technical advancement
in the water testing equipment among others across the country.
Water testing is a procedure to evaluate the quality of the
water to assess the quality of the water which is essential to be monitored
regularly. Water testing and analysis allow for the measurement of a variety of
water characteristics, including turbidity, dissolved gas concentration,
radioactivity, and water conductivity. The quality of water is essential to
many different industries and activities such as fisheries, agriculture,
forestry, pharmaceutical aquaculture, electronics, and food. Physiochemical
tests and bacteriological tests are the two different types of water tests.
Numerous techniques, including titration and spectrophotometric approaches, are
used to conduct physiochemical testing. These tests include the dissolved
oxygen test, odour test, turbidity test, BOD and TOC test, radioactivity test,
and pH test. The total coliforms and faecal coliforms are measured using
multi-tube dilution techniques and membrane filters in bacteriological tests.
Market Drivers
Increasing Applications of Water Testing and Analysis Across
Several Industries
Water testing and analysis is widely
used in numerous sectors, including mining, refineries, semiconductor, metals,
pharmaceuticals, and food and beverage, among others. For instance, water is
essential to the pharmaceutical sector and must be free of any toxins. The
pharmaceutical industry depends heavily on water and requires different degrees
of water purity. As a result, there is going to be an increase in demand for
water testing and analysis due to foreign direct investment in the
pharmaceutical industry in the upcoming years. For instance, the Department of
Pharmaceuticals has approved 17 Foreign Direct Investment (FDI) proposals worth
USD 182.44 million under the brownfield pharmaceutical projects in the year
2020-21. Furthermore, water testing also plays a major role in electronics
industries as it requires ultrapure water for manufacturing and cleaning. In
the electronics industry, salinity testing helps to test the amount of salt in
the water which will help in generating electricity. Salt-diffused water is
more efficient for generating electricity hence salinity testers are used to
test the salinity of water. Similarly, mining and refineries utilize large
volumes of water. The wastewater generated from these industries is tested and
treated to avoid pollution. Water quality is a priority for many industries. Hence, due to the growing importance of water
testing and analysis across various industries, the India water testing and
analysis market is expected to grow during the forecast period.
Rising Infrastructure Project and
Urbanization
The Union
Government has made significant investments in infrastructure growth to support
their nation’s economy and create employment. To meet the projected increase in
the urban population over the upcoming years, residential infrastructure
as well as smart cities, particularly urban centres, are being planned and
built in the upcoming years which led to an increase in the demand for treating
wastewater coming out from infrastructural and construction activities.
Moreover, the Indian government introduced various housing schemes to fulfil
the demand of the rising population. For instance, to address the urban housing
shortage among EWS/LIG and MIG categories, including slum dwellers, the union
government launched the Pradhan Mantri Awasa Yojana in 2015. The goal of the
programme is to provide every eligible urban household a pakka home and
basic amenities including access to electricity, sewage systems, and clean
drinking water. The Pradhan Mantri Awas Yojana (PMAY) budget, the government's
major housing project, has increased by 280% from 2016–17; it now stands at
from USD 2515.32 million in the most recent 2023–24 budget to USD 9550.8
million. Additionally, there are other programmes including "Housing
for All" and the "Smart Cities Mission" for the construction of
sustainable infrastructure across the nation which positively enhance the
demand for pure quality water to urban & rural populations. Hence, due to
all such infrastructure initiatives, the demand for water testing and analysis
is growing across the nation in the upcoming years.
Significant Water
Treatment Regulations
Wastewater
contains various toxic chemicals and harmful elements that are harmful to the
environment as well as human beings' health and has a major negative impact on
the country’s population avoid these complications. That’s why, the Indian
government implemented new regulations to ensure the proper treatment of water
before use or disposal. The government investment in the water treatment
facility is focusing on improving the quality of water. For instance, there is
currently, a network of 1,933 active labs linked to Water Quality Information
Management Systems (WQMIS). The centre government has earmarked 2% of its
entire National Jal Jeevan Mission (JJM) budget (USD 1200 million out of nearly
USD 6000 million in 2021-22) for water testing across the country. As a result,
the ongoing JJM, a central government priority plan to connect tap water to
every rural family by 2024, ensures both the requisite amount and quality of
drinking water supply. As a result, through 2028, the market for water testing
and analysis will rise at a significant rate during the forecast period.
Market Challenge
High Cost of
Equipment and Less Developed Water Infrastructure
The market for
water testing and analysis in India is anticipated to increase steadily through
2028 but the high cost of equipment will have a major restraining effect on the
market of water testing and analysis across the country. Additionally,
the expansion of the water testing and analysis market would be negatively
impacted by the absence of an established infrastructure for water testing
through 2028. For instance, under the Jal Jeevan Mission, a total of 2021
drinking water quality testing laboratories have been set up across the country
to enhance the quality of water. Whereas in the northeast region, there are
approximately 302 water testing laboratories including Arunachal Pradesh,
having 112 water quality testing laboratories, followed by Assam with 80,
Meghalaya with 31, Mizoram with 31, Tripura with 21, Manipur with 13, Nagaland with
12, and Sikkim with 2. Thus, the lack of water testing infrastructure across
the country has negative impact on the water testing and analysis market.
Recent Developments/Government
Initiatives:
- In 2021, early warning COVID-19 testing
for wastewater was introduced by Neogen Corporation. The new test found
SARS-CoV-2, the virus that causes COVID-19, in wastewater sludge. The Neogen
test produces accurate findings that enable speedy detection of novel pandemic
types and early notification of probable infections and facility surges.
- On 14th March 2022, the
National 'Jal Jeevan Mission' (JJM), in partnership with ICMR, established an
online platform that enables people to have quality drinking water tested
through a network of over 2,000 labs across the country.
- In November 2023, the minister of Jal
Jeevan Mission announced an investment of around USD 210 billion in the water
sector at the 11th Isha Leadership Academy Flagship Programme.
- On 25th June 2020, Rapid Bio
Intelligence, a complete aerobic bacteria test kit, was developed by Ecolab
subsidiary Nalco Water to simplify compliance for cooling water systems and
water chemistry testing.
Market Segmentation
India water testing
and analysis market is divided into type, product type, application, and region.
Based on type, the market is divided into handheld, portable, and benchtop.
Based on product type, the market is divided into PH meter, total organic
carbon, turbidity meter, dissolved oxygen, and conductivity. Based on
application, the market is divided into municipal, industry, laboratory,
government, environment, and others. The market analysis also studies the
regional segmentation to devise regional market segmentation, divided among North
India, South India, West India, and East India.
Market Players
Major
market players in the India water testing and analysis market are ABB India Ltd, GE Power India Limited, DHR
Holding India Pvt. Ltd, Thermo Fisher Scientific India Pvt. Ltd, Honeywell
International India Pvt Ltd, HORIBA India Pvt Ltd, Shimadzu Analytical India
Pvt Ltd, and Mettler Toledo India Private Limited.
|
Attribute
|
Details
|
|
Base Year
|
2023
|
|
Historic Data
|
2019 –
2022
|
|
Estimated Year
|
2024
|
|
Forecast Period
|
2025
– 2029
|
|
Quantitative Units
|
Revenue in USD Million and CAGR for 2019-2023 and 2025-2029
|
|
Report Coverage
|
Revenue
forecast, company share, growth factors, and trends
|
|
Segments Covered
|
Type
Product
Type
Application
Region
|
|
Country Scope
|
India
|
|
Region Scope
|
North India, South India, West India, East India
|
|
Key Companies Profiled
|
ABB India Ltd, GE Power India Limited, DHR Holding India Pvt.
Ltd, Thermo Fisher Scientific India Pvt Ltd, Honeywell International India Pvt Ltd, HORIBA India Pvt Ltd, Shimadzu
Analytical India Pvt Ltd, Mettler Toledo India Private Limited
|
|
Customization Scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
|
Pricing and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
|
Report Scope:
In this report, the India water testing and
analysis market has been segmented into the following categories, in addition
to the industry trends which have also been detailed below:
- India
Water Testing and Analysis Market, By Type:
o
Handheld
o
Portable
o
Benchtop
- India Water Testing and Analysis Market, By Product Type:
o
PH Meter
o
Total
Organic Carbon
o
Turbidity
Meter
o
Dissolved
Oxygen
o
Conductivity
- India Water Testing and Analysis Market, By Application:
o
Municipal
o
Industry
o
Laboratory
o
Government
o
Environment
o
Others
- India Water Testing and Analysis Market, By Region:
o
North
India
o
South
India
o
West
India
o
East
India
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in the India water testing and analysis market.
Available Customizations:
TechSci Research offers customizations according
to a company's specific needs. The following customization options are
available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
The India Water Testing and Analysis market is an upcoming report to be released soon. If
you wish an early delivery of this report or want to confirm the date of
release, please contact us at [email protected]