Global pH meters market is expected to reach nearly USD 1,951.2 million
by 2022 according to a new report by Grand View Research Inc. Key factors
attributing to the market growth are introduction of technologically advanced
portable and bench top pH meters, growing concerns to monitor environmental
pollution and the need to regulate pH levels in various consumable
products.
Increasing demand for quality
control and routine testing of soil, water, food, beverage, and dairy products
is driving the use of new generation pH meters with multi-parameter analysis.
The new devices are improving the efficiency, accuracy, ease of usage, and
cost-effectiveness, which are expected to serve as high-impact rendering
drivers over the forecast period.
Increasing awareness regarding
the need to regulate waste water pH in industries such as chemicals,
pharmaceuticals, food processing, and other end use sectors is a key factor
boosting the usage rates. pH neutralization of the waste water discharged from
these industries is critical to prevent corrosion of sewage pipes and prevent
leakage of harmful substances in to the land and other water bodies.
Furthermore, growing awareness
about soil pH and its impact on plant nutrient absorption is a key factor
boosting the soil pH analysis. Maintaining the appropriate ratio of nitrogen,
phosphorous, and potassium (N-P-K) in the soil plays an important role in
improving the product yield, quality, and also improves resistance to various
diseases. The shift towards scientific agricultural practices and growing
demand for organic farming, soil testing, irrigational water testing, are some
the key factors expected to positively reinforce market growth over the
forecast period.
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Report On Ph Meters Market Analysis:
www.grandviewresearch.com/industry-analysis/ph-meter-market
www.grandviewresearch.com/industry-analysis/ph-meter-market
Further key findings from the study suggest:
·
In 2014, bench top pH meters
were the largest segment accounting for nearly 57% of the market. Bench top pH
meters are widely used in different industries, research labs and commercial
testing centers owing to their advanced features, ease of operation, durability
of the sensors, and accuracy.
·
Portable pH meters are expected
to be the fastest growing segment over the forecast period. Low cost of these
devices, high accuracy and ability to monitor pH of samples at any location are
major factors expected to boost the usage rates in the next seven years.
·
In 2014, Europe dominated the
overall pH meters market with nearly 34% share. Some key factors attributed to
the high share are presence of stringent environmental regulations, awareness
about scientific agricultural, food and beverage manufacturing practices.
·
However, Asia Pacific is
expected to the fastest growing with a CAGR of 7.9% over the forecast period.
The shift from traditional agricultural practices to scientific and organic
farming, increasing emphasis on managing waste water discharge, and increasing
demand from academic, food processing, beverages and other end use industries
are key factors expected to reinforce the market growth over the forecast
period.
·
The market is witnessing high
competition due to the presence of a large number of small and medium scale
manufacturers catering to regional demand. Key market players include Thermo
Fisher Scientific, Danaher Corporation, Mettler Toledo, Metrohm USA, Hanna
Instruments, Agilent Technologies, and Perkin Elmer.
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Grand View Research has segmented the pH
meters market on the basis of product, end-use and region:
pH Meter Market Product
Outlook, by Revenue (USD Million, 2015 - 2022)
·
Bench top pH meters
·
Portable pH meters
·
Continuous pH meters
pH Meter Market End-Use Outlook,
by Revenue (USD Million, 2015 - 2022)
·
Pharmaceuticals and
Biotechnology
·
Environmental Research and
Pollution Control
·
Food Science
·
Others
pH Meter Market Regional
Outlook, by Revenue (USD Million, 2015 - 2022)
·
North America Product Outlook
by Revenue (USD Million), 2012 - 2022
o
U.S.
o
Canada
·
Europe Product Outlook by
Revenue (USD Million), 2012 - 2022
o
Germany
o
UK
o
France
·
Asia Pacific Product Outlook by
Revenue (USD Million), 2012 - 2022
o
Japan
o
China
o
India
·
Latin America Product Outlook
by Revenue (USD Million), 2012 - 2022
o
Brazil
o
Mexico
·
MEA Product Outlook by Revenue
(USD Million), 2012 - 2022
o
South Africa
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-ph-meters-market
www.grandviewresearch.com/press-release/global-ph-meters-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
