About Environmental Testing Services
Environmental testing services are in high demand due to analytical methods for examining environmental contaminants and the need for disposable systems for environmental applications, especially for environmental monitoring. The market is growing as a result of a rising array of regulatory measures aimed at reducing pollution.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Environmental Testing Services is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Environmental Testing Services market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Eurofins (Luxembourg), Intertek (United Kingdom), Bureau Veritas (France), Mérieux (United States), Microbac Laboratories (United States), R J Hill Laboratories (New Zealand), Symbio Laboratories (Australia) and Alex Stewart (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are GS (Switzerland) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Environmental Testing Services market by Type (Soil Testing Services, Water Analysis Services and Air Quality Testing Services), Application (Wastewater/Effluent, Soil, Water and Air) and Region.
On the basis of geography, the market of Environmental Testing Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Conventional will boost the Environmental Testing Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Contaminant, the sub-segment i.e. Microbial Contaminant will boost the Environmental Testing Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of Innovative Rapid Technologies.
Market Growth Drivers:
Increasing regulations pertaining to environment protection and Rising Number of Regulatory actions for Controlling Environmental Pollutants
Challenges:
Lack of basic supporting infrastructure
Restraints:
The requirement for High capital investment for accurate and sensitive analytical testing Service
Opportunities:
Demand cost- & time-effective customized testing services and Active participation of government and regulatory bodies to monitor environmental conditions
Market Leaders and their expansionary development strategies
In Oct 2018, Eurofins Scientific announces that it has signed an agreement with the JSTI Group, to acquire TestAmerica Environmental Services LLC. The transaction is expected to close in the fourth quarter of 2018 subject to the fulfillment of regulatory and customary closing conditions.
In September 2023, the International Organization for Standardization (ISO) introduced ISO 4484-2, which aims to provide information regarding the nature, numerical concentration, surface area and estimated mass of microplastics generated or emitted by the textile industry and subsequently gathered in various matrices.
Key Target Audience
Environmental Testing Services Provider, Potential Investors, Research and Development organization and Government Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.