About Environmental Analytical Services
Increasing regulations pertaining to environmental protection, cost- and time-effective tailored testing services, and active participation of government and regulatory agencies to monitor environmental conditions are projected to enhance the global market for Environmental Analytical Services. Water contamination is a major contributor to waterborne illnesses and other health issues. Water pollution is caused by residues carried by run-off water from agricultural fields, the discharge of untreated or poorly treated sewage and industrial effluents, and the disposal of fly ash or solid trash into a water body.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 7.2% |
Expansions, investments, new service launches, and collaborations are among the companies' favored strategies for exploring the market. Players are expanding and acquiring businesses in new geographies around the world in order to get a competitive advantage through joint ventures. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Environmental Analytical 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.
ARRO Laboratory, Inc. (United States), Paragon Laboratories, Inc (United States), Engineering Systems Inc. (United States), US Waste Industries, Inc. (United States), American Assay Laboratories (United States), SGS North America (United States), Lowcountry Environmental Services (United States), Analytical Process Laboratories, Inc. (APL Inc.) (United States), Paratherm Heat Transfer Fluids (United States) and Lubrication Engineers, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Focus Environmental, Inc. (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Environmental Analytical Services market by Type (Water Microbiological Testing, Comprehensive Residential Water Testing and Wastewater Testing Services) and Region.
On the basis of geography, the market of Environmental Analytical 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). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Technology, the sub-segment i.e. Conventional will boost the Environmental Analytical Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size , the sub-segment i.e. SME (Small and Medium Enterprises) will boost the Environmental Analytical 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 Analytical Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Active Participation of Government and Regulatory Bodies to Monitor Environmental Conditions and Privatization of Environmental Testing Services
Market Growth Drivers:
Increasing Regulations Pertaining to Environment Protection and Cost- & Time-Effective Customized Testing Services
Challenges:
Lack of Basic Supporting Infrastructure
Restraints:
High Capital Investment for Accurate and Sensitive Analytical Testing
Opportunities:
Increase in Industrial Activities in Emerging Markets and Introduction of Innovative Rapid Technologies
Market Leaders and their expansionary development strategies
In June 2021, Montrose Environmental Group, Inc. has announced the acquisition of Vista Analytical Laboratory (“Vista”), a premier environmental laboratory for the testing and analysis of polyfluoroalkyl substances (PFAS), dioxins, and other persistent organic pollutants. Vista’s leadership team, including President Martha Maier, will join Montrose, and the business will be integrated into the Company’s Measurement and Analysis Segment and will operate as part of Enthalpy Analytical, LLC, a subsidiary of Montrose.
In October 2020, As a part of its ongoing growth efforts, Suburban Laboratories is pleased to announce it has acquired the assets of ARRO Laboratory, Inc. of Crest Hill, IL.
Key Target Audience
Environmental Analytical Services Providers, Government Research Organization, Private Research Organizations, Government Regulator Bodies and Others
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.