TechSci Research presents insights into the India Water Testing and Analysis Market, revealing a trajectory of growth in the forecast period. The surge is attributed to stringent government measures aimed at improving water quality, the escalating need for safe water due to population growth, groundwater decline, and escalating environmental concerns nationwide.
Rising water pollution, fueled by urbanization, industrialization, and population growth, has intensified the demand for clean water throughout India. Notably, the population has soared to 1,418,433,132 as of May 22, 2023, underscoring the urgency for water quality management. Increased awareness of environmental impacts has led to stringent regulations, including the Water (Prevention and Control of Pollution) Act, of 1974, to address water pollution issues. Government efforts through Central and State Pollution Control Boards aim to ensure compliance with safety standards.
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As the public demands clean, nutritionally rich drinking water, the market witnesses a rising need for water testing equipment. Government regulations reinforce the use of chemically tested water in pharmaceuticals and food and beverage products. The lack of clean drinking water is recognized as a looming health hazard.
The India Water Testing and Analysis Market is categorized by type, product type, application, and region. The portable segment dominates due to its ability to identify various pollutants in the field or temporary labs. Environmental applications are projected to grow, driven by increased monitoring efforts by government organizations and growing environmental awareness.
Key market players in the India water testing and analysis market include:
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ABB India Ltd
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GE Power India Limited
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DHR Holding India Pvt. Ltd
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Thermo Fisher Scientific India Pvt. Ltd
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Honeywell International India Pvt Ltd
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HORIBA India Pvt Ltd
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Shimadzu Analytical India Pvt Ltd
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Mettler Toledo India Private Limited
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"The India water testing and analysis market is poised for significant growth, driven by rapid industrialization, urbanization, water scarcity, declining groundwater, and heightened awareness of safe drinking water. The government's substantial investment of USD 240 billion in the water sector further boosts demand for water testing and analysis," notes Mr. Karan Chechi, Research Director at TechSci Research, a global management consulting firm. The report provides a thorough analysis of the India Water Testing and Analysis Market's current status, future growth potential, and key trends, aiding decision-makers in making informed investment decisions.
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