Efforts to Minimize Water Contamination Coupled With Government Support to Propel Market

Water analyzers are increasingly being used across a host of industrial sectors, including food & beverages, energy & power, pharmaceutical, and chemical. The large-scale industrial and urban development across the world has led to a significant rise in the water consumption levels due to which, the demand for water analyzers and water treatment systems is on the rise– a factor that is expected to fuel the growth of the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market during the forecast period. Apart from industrialization, another major factor that is anticipated to influence the demand for water analyzers is the growing focus on minimizing water contamination across various end-use industries.

The fast-paced depletion of freshwater resources due to growing consumption across the agriculture and industrial sector has compelled governments across the world to promote the reuse of wastewater that is treated in wastewater treatment systems. In their bid to combat the speculated water crisis, government bodies across the world are increasingly imposing stringent regulations pertaining to wastewater treatment and are also offering incentives and tax benefits to encourage the adoption of wastewater treatment technologies and water analyzers. At the back of these factors, the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market is expected to attain a market value of ~ US$ 2 Bn by the end of 2030.

us europe middle east africa asia pacific toc water analyzer market infographic

Request a sample to get extensive insights into the U.S., Europe, Middle East & Africa, and Asia Pacific TOC Water Analyzer Market

Efforts to Minimize Water Contamination in End-use Industries Offer Lucrative Opportunities

The demand for water analyzers and water treatment systems has witnessed consistent growth over the past few years, particularly in the food & beverages sector, as efforts to maintain product quality and improve production continues to gain ground among food & beverages manufacturers. In addition, in their efforts to gain an advantage in the neck and neck competition, food & beverages manufacturers are increasingly focusing on enhancing product quality and safety of their products due to which, the demand for water analyzers is expected to move in the upward trajectory in the upcoming years, thus driving the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market. In addition, players in the food & beverages industry are also seeking novel ways to enhance their manufacturing and quality control processes as consumers are increasingly becoming more aware of the quality of the products and demand transparency pertaining to quality, sourcing of ingredients, etc. Water analyzers and water quality monitoring systems have emerged as ideal analytical tools that provide valuable insights to manufacturers and curb the risk of product loss, contamination, and monetary losses.

To understand how our report can bring difference to your business strategy, Ask for a brochure

Apart from the food & beverages sector, the demand for water analyzers is on the rise from the pharmaceutical sector, wherein testing is carried out to assess conductivity, bio-burden, appearance, and conductivity. In addition, endotoxin testing is also carried out to improve patient safety and product quality due to which, the demand for water analyzers is increasing at a consistent pace. Water analyzers have exhibited the tremendous potential to minimize testing and sampling errors and improving product safety while simultaneously offering real-time analysis of data collected. Technological advancements have enabled the production of cutting-edge water analyzers with improved accuracy. As FDA guidelines continue to focus on improving consumer safety, pharmaceutical companies are increasingly required to run quality and impurity tests. All these factors are expected to augment the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market during the forecast period.

Amidst COVID-19 Pandemic, Demand for Water Treatment Systems and Analytical Tools Likely to Grow

The COVID-19 pandemic is expected to influence the growth of the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market. Although initial trends suggest that demand for water analyzers and water treatment technologies is likely to grow worldwide, as governments across the world rope in efforts to combat the pandemic. Research and development activities are increasingly focusing on finding different ways to prevent COVID-19 from the water cycle. The onus will remain on the developed regions that are expected to provide water treatment technologies and finance water treatment projects in the developing regions. While companies operating in the current U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzers market are expected to focus on service and production continuity, supply chain challenges are likely to disrupt revenue flow.

us europe middle east africa asia pacific toc water analyzer market segmentation

Stuck in a neck-to-neck competition with other brands? Request a custom report on U.S., Europe, Middle East & Africa, and Asia Pacific TOC Water Analyzer Market 

Analysts’ Viewpoint

The U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market is expected to grow at a healthy CAGR of ~8% during the forecast period. The market growth can be primarily attributed to a host of factors, including focus on improving product quality, curbing water contamination, increasing government initiatives and policies related to water treatment technologies and projects, and soaring demand from end-use industries. Market players are anticipated to focus on improving the efficacy and accuracy of their products by integrating advanced technologies. In addition, companies in the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market should also focus on addressing the supply chain challenges and streamline their field operations amidst the COVID-19 pandemic to retain their market share.

TOC Water Analyzer: Overview

  • Total organic carbon (TOC) is the amount of organic carbon found in water. This carbon is produced by water pollution, which is caused by industrial, domestic, and agricultural waste water released in natural water bodies. High amount of carbon can cause system failure or complete shutdown of a plant. Hence, before using water for purity-sensitive processes, such as manufacture of pharmaceutical products, food and beverages, and semiconductors, the water needs to be analyzed for its TOC content with the help of TOC water analyzers. Furthermore, the wastewater which is released is also monitored with the help of TOC water analyzers.

Government Initiatives and Stringent Policies to Drive U.S., Europe, Middle East & Africa, and Asia Pacific TOC Water Analyzer Market

  • Over the last few years, due to rapid industrialization and urbanization, water pollution has significantly risen. Rise in water crisis worldwide can cause diseases; foster insecurity; undermine economic growth; and, in general, reduce the capacity of countries to advance priorities. Governments across the world have developed initiatives and measures to address these challenges associated with water crisis, which is estimated to help people gain access to sustainable supplies of water in the near future.
  • According to the United Nations, by 2050, some regions are likely to witness decline in their economic growth rate by as much as 6% of their gross domestic product (GDP), owing to water pollution and increasing demand for water
  • In order to tackle this water crisis, governments and regulatory authorities are implementing stringent regulations regarding wastewater treatment. Government of several nations are providing tax benefits and incentives to promote risk-free adoption of wastewater treatment technologies in the industrial sector.
  • Stringent regulations pertaining to permissible discharge of wastewater after treatment have been imposed. Furthermore, governments and regulatory authorities have formulated and implemented various regulations to promote water conservation and reuse of treated wastewater so as to reduce water pollution.
  • In order to test the water that is released into natural water bodies, TOC water analyzers are required. Thus, government initiatives and stringent policies are expected to drive the TOC water analyzer market during the forecast period.

Lack of Facilities and Economic Instability of Underdeveloped and Developing Countries to Hamper Market

  • In developing and underdeveloped countries, governments are promoting development of industries, which can improve the economy of these countries. Governments offer various subsidies, tax benefits, easy loan, and land and other facilities on discounted rates to foreign as well as local investors.
  • The key focus of these governments is to boost economic growth and hence, environment-related rules and regulations are not much stringent. Due to this, companies are less concerned about pollution norms.
  • Furthermore, governments have limited financing for the infrastructure development, due to which water treatment plants and water testing facilities are limited. According to a report by the Government of Canada, developing and underdeveloped countries are most affected by water shortage, flooding, and poor water quality. Up to 80% of illnesses in the developing world are linked to inadequate water and sanitation. In several countries, pollution or rising sea levels are contaminating trusted water sources.
  • Thus, lack of facilities and economic instability of underdeveloped and developing countries are estimated to restrain the global TOC water analyzer market during the forecast period

Technological Innovations in IoT-based Systems to Offer Lucrative Opportunities to U.S., Europe, Middle East & Africa, and Asia Pacific TOC Water Analyzer Market

  • Over the last few years, there has been significant rise in the use of automated and IoT-based systems across all industries, as the process of automation reduces time and increases profitability. This trend is expected to continue in the near future also, due to adoption of automation all over the world. Several companies are taking initiatives to implement digitization in the water treatment & water analysis sector, which has led to rise in investments in the modernization of facilities intended to increase productivity and reduce budgets as well as timelines.
  • Internet of Things (IoT) in water treatment is considered as a reliable communication technology, which is primarily used to transmit data from physical objects via a wireless channel to a computer with smart analyzing software. The IoT technology can help engineers, technicians, and other facility management employees to gain insights of places where they are or places that they cannot reach.
  • An IoT-enabled smart water sensor is able to track quality, temperature, and pressure of water. In other words, these sensor solutions are able to measure liquid flow and they can be utilized by a water utility company to track the flow across an entire treatment plant. They can also be employed as a handy tool incorporated with an EAM (enterprise asset management) system or CMMS (computerized maintenance management system) in order to track all the data for the plant. Smartphones and tablets can have apps that connect to the cloud or that can be integrated with a CMMS or EAM system to access the IoT sensor data.
  • IoT can also play an important role in leak detection and it can automatically send an immediate alert to a remote dashboard. These notifications are immediate, while if an engineer had to check the levels by hand or on foot, it can take hours to detect an issue. Presently, IoT enables an engineer to address the issue more rapidly; find a solution; and move on to the next task.
  • Thus, technological innovations in wastewater treatment led by the use of IoT are estimated to offer significant opportunities to the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific in the near future

Recent Developments, Expansions, Acquisitions, and New Contracts in U.S., Europe, Middle East & Africa, and Asia Pacific TOC Water Analyzer Market

  • In October 2017, SUEZ acquired GE Water & Process Technologies. With this move, SUEZ would be able use all technology and manufacturing plants of GE Water & Process Technologies.

Asia Pacific to Dominate U.S., Europe, Middle East & Africa, and Asia Pacific TOC Water Analyzer Market

  • Asia Pacific dominated the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market in 2019, owing to rise in industrialization and urbanization in the region. The number of water treatment plants has increased considerably in China, India, and Japan over the last few years. China accounted for a major share of the market for TOC water analyzers in Asia Pacific in 2019. This trend is likely to continue during the forecast period.
  • Europe is estimated to be a highly attractive market for TOC water analyzer in the U.S., Europe, Middle East & Africa, and Asia Pacific during the forecast period. Its share is likely to rise significantly during the forecast period. This can be primarily ascribed to stringent government rules and regulations regarding wastewater and drinking water treatment in Europe.
  • The TOC water analyzer market in the U.S. is estimated to be highly attractive during the forecast period. The TOC water analyzer market in the U.S. is expected to expand at a steady pace during the forecast period.

Highly Competitive U.S., Europe, Middle East & Africa, and Asia Pacific TOC Water Analyzer Market

  • The U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market is highly consolidated, with the presence of a large number of players operating at local, regional, and international levels
  • Key players operating in the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market are 
    • METTLER TOLEDO
    • SUEZ
    • Shimadzu Scientific Instruments
    • Endress+Hauser Group Services AG
    • Hach

TOC Water Analyzer Market – Scope of the Report

A latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market to accurately gauge its potential for future growth. The study presents detailed information about key growth factors, restraints, and trends that are creating a landscape for future growth of the market to identify growth avenues for stakeholders. The report also provides insightful information about how the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market would expand during the forecast period i.e. 2019–2027.

The report offers intricate dynamics about different aspects of the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific, which aids companies operating in the market in making strategic business decisions. TMR’s study also elaborates on significant changes that are anticipated to configure growth of the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific during the forecast period. It also includes key indicator assessment to highlight growth prospects for the market and estimate statistics related to the market growth in terms of value (US$ Mn).

This study covers detailed segmentation of the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific, along with key information and competition outlook. The report mentions company profiles of players that are currently dominating the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific, wherein various development, expansion and winning strategies practiced and implemented by leading players have been presented in detail.

Key Questions Answered in TMR’s Report on TOC Water Analyzer Market

The report provides detailed information about the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth of the market. Information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative methods to create a unique benchmark in the market, so as to help them design successful strategies and make target-driven decisions.

  • Which type segment of the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific would emerge as a major revenue generator for the market during the forecast period?
  • How are key market players successfully earning revenues led by advantages offered by TOC water analyzers?
  • What would be the Y-o-Y growth trend of the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific between 2019 and 2027?
  • What are the winning imperatives of leading players operating in the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific?
  • Which application segment is expected to have maximum growth potential during the forecast period?

Research Methodology – TOC Water Analyzer Market

The research methodology adopted by analysts for combining the market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. On the basis of the data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific.

TOC Water Analyzer Market – Segmentation

TMR’s research study segments the U.S., Europe, Middle East & Africa, and Asia Pacific TOC water analyzer market based on type, end user, application, component, technology, and region. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects for the TOC water analyzer market in the U.S., Europe, Middle East & Africa, and Asia Pacific.

Type

Laboratory

Portable

Online

End User

Paper & Pulp

Chemical

Energy & Power

Food & Beverages

Pharmaceutical

Semiconductor

Others

Application

Drinking Water

Wastewater

Processed Water

Others

Component

Software

Hardware

Technology

UV Persulfate Oxidation

High-temperature Combustion

Ultraviolet (UV) Oxidation

Country and Region

U.S.

Europe

Asia Pacific

Middle East & Africa

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Us Europe Middle East Africa Asia Pacific Toc Water Analyzer Market

Buy Now