USD 957 million
Ph Meters Market Size, Share, Growth Analysis, By Type(Benchtop pH meters, portable pH meters), By Application(Water and wastewater treatment, pharmaceuticals), By End user(Industries, academic and research institutions) - Industry Forecast 2024-2031
Report ID:
SQMIG55D2018 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
91 |
Figures:
76
Ph Meters Market Insights
Ph Meters Market size was valued at USD 957 million in 2021 and is poised to grow from USD 1006.50 million in 2023 to USD 1342.42 million by 2030, at a CAGR of 4.2% during the forecast period (2023-2030).
The global pH meters market is experiencing significant growth and transformation driven by several factors. The increasing adoption of pH meters across diverse industries such as pharmaceuticals, water treatment, agriculture, and food and beverage is a key driver for market expansion.
The need for accurate and reliable pH measurement in various applications to ensure quality control and regulatory compliance is fueling the demand for advanced pH meters.
Additionally, technological advancements, such as the integration of digital features and wireless connectivity, are enhancing the usability and convenience of pH meters, further propelling market growth.
Moreover, the rising emphasis on environmental monitoring and growing awareness regarding water quality are contributing to the market's positive outlook.
US Ph Meters Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
industries
Fastest Growth
industries
Growth Rate
4.2% CAGR
Global Ph Meters Market by region
Country Share for North America (%)
Global Ph Meters Market by end-user
Global Ph Meters Market by end-user
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Ph Meters Market Segmental Analysis
The global pH meters market can be segmented based on type, application, end-user, and region. In terms of type, the market can be categorized into benchtop pH meters, portable pH meters, and continuous pH monitoring systems. The application segment includes water and wastewater treatment, pharmaceuticals, food and beverages, research and laboratories, and others. The end-user segment comprises industries, academic and research institutions, and healthcare facilities. Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Ph Meters Market Analysis By Type
The largest sector in the global pH meters market is currently the benchtop pH meters segment. Benchtop pH meters are widely used in various industries, including pharmaceuticals, biotechnology, food and beverage, water treatment, and research laboratories. These sectors require accurate and reliable pH measurements for quality control, research, and regulatory compliance purposes. The benchtop pH meters offer advanced features and functionalities that cater to the specific needs of these industries, making them the preferred choice for many applications.
On the other hand, the portable pH meters segment is the fastest-growing sector in the global market. The increasing demand for on-site pH measurement and monitoring in sectors such as environmental monitoring, agriculture, aquaculture, and food safety is driving the growth of portable pH meters. These meters are gaining popularity due to their ability to provide real-time data and facilitate quick decision-making in critical applications.
Ph Meters Market Analysis By Application
The largest sector in the pH meters market is likely to be the water and wastewater treatment segment. The increasing global population, urbanization, and industrialization have led to a growing demand for clean and safe water. Additionally, stringent regulations regarding water quality and environmental standards further drive the adoption of pH meters in this sector.
The fastest-growing sector in the pH meters market is expected to be the Pharmaceuticals and Biotechnology segment. The pharmaceutical and biotech industries are experiencing rapid growth due to advancements in medical research, drug development, and increasing healthcare expenditure. Additionally, the growing focus on personalized medicine and biopharmaceuticals further fuels the demand for pH meters in this segment.
Ph Meters Market Analysis By End User
The largest sector in terms of pH meter usage is likely to be the pharmaceuticals and biotechnology industry. These industries heavily rely on pH measurement for various purposes, including formulation development, process optimization, and quality control. pH meters are utilized at multiple stages of drug development, from raw material testing to final product analysis, making them indispensable in this sector.
The fastest growing sector for pH meters is expected to be the environmental monitoring industry. With increasing concerns about water pollution, environmental regulations, and the need for sustainable practices, there is a growing demand for pH meters to assess water quality, monitor pollution levels, and ensure compliance with environmental standards. The expansion of wastewater treatment facilities, as well as the need for regular monitoring of soil and water in agricultural practices, are also driving the demand for pH meters in this sector
Global Ph Meters Market by end-user, 2023 (%)
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Ph Meters Market Regional Insights
North America holds a prominent position in the market, driven by the presence of key players, technological advancements, and widespread adoption of pH meters in various sectors such as pharmaceuticals, food and beverage, and water treatment. Europe follows suit with a strong emphasis on environmental monitoring and research activities.
The Asia Pacific region showcases robust growth prospects, fueled by expanding industrial sectors, increasing investments in healthcare infrastructure, and rising awareness about water quality management.
Latin America and the Middle East and Africa regions also present growth opportunities, propelled by ongoing industrial development and initiatives towards enhancing food safety and environmental sustainability.
Global Ph Meters Market by geography, 2024-2031
- Largest
- Fastest
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Ph Meters Market Dynamics
Ph Meters Market Drivers
Demand from Numerous End User Industries
- The increasing demand for pH meters in various industries such as water and wastewater treatment, food and beverage, pharmaceuticals, and agriculture is a significant driver for the global pH meters market. pH meters play a crucial role in measuring the acidity or alkalinity of a solution, which is essential for quality control, process optimization, and regulatory compliance. With the growing emphasis on water quality monitoring, food safety, and environmental regulations, the need for accurate and reliable pH measurement is on the rise. pH meters offer quick and precise results, making them indispensable tools in these industries. The advancements in technology, such as the development of portable and handheld pH meters, have further fueled their adoption, enabled on-the-spot measurements and enhanced operational efficiency.
Ph Meters Market Restraints
High Cost of Sophisticated Systems
- One key restraint faced by the global pH meters market is the high cost associated with advanced pH meter systems. Advanced pH meters often incorporate sophisticated features like digital displays, data logging capabilities, wireless connectivity, and advanced calibration algorithms. While these features enhance usability and accuracy, they also drive up the overall cost of the pH meters. Small and medium-sized businesses, especially in developing economies, may find it challenging to invest in expensive pH meter systems, limiting their adoption. Moreover, the cost of regular calibration and maintenance of these meters adds to the operating expenses, making it a deterrent for some potential buyers. To address this restraint, manufacturers need to focus on developing cost-effective pH meter solutions without compromising on performance and accuracy, thereby widening the market's accessibility and driving adoption across diverse industries.
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Ph Meters Market Competitive Landscape
The global pH meters market features a highly competitive landscape with several key players striving for market dominance. These players invest significantly in research and development activities to enhance the accuracy, reliability, and functionality of pH meters. Additionally, they also concentrate on expanding their geographical presence through mergers, acquisitions, and partnerships to cater to the growing demand for pH meters across various industries such as pharmaceuticals, food and beverage, water treatment, and environmental monitoring.
Ph Meters Market Top Player’s Company Profiles
- OMEGA Engineering (United States)
- Yokogawa Electric Corporation (Japan)
- Xylem Inc. (United States)
- Metrohm AG (Switzerland)
- Hach Company (United States)
- Anton Paar GmbH (Austria)
- Endress+Hauser AG (Switzerland)
- ABB Ltd. (Switzerland)
- HORIBA, Ltd. (Japan)
- Agilent Technologies, Inc. (United States)
- Hanna Instruments (United States)
- Eutech Instruments (Singapore)
- Knick Elektronische Messgeräte GmbH & Co. KG (Germany)
- Jenway (United Kingdom)
- Oakton Instruments (United States)
- Electro-Chemical Devices, Inc. (United States)
- WTW (Germany)
Ph Meters Market Recent Developments
- In March 2020, Metrohm AG launched the 914 pH/DO/Conductometer. This combined meter consists of O2. Lumitrode is used to measure the concentration of dissolved oxygen. Such a product launch will help the company to gain more revenue and strengthen its position.
Ph Meters Key Market Trends
- There is a growing demand for portable and handheld pH meters, driven by the need for on-site and field testing across various industries. Secondly, technological advancements, such as the integration of wireless connectivity and smartphone compatibility, are enhancing the functionality and convenience of pH meters.
Ph Meters Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analysis, the global pH meters market is expected to witness promising growth prospects in the coming years. With increasing advancements in technology and a growing emphasis on quality control and environmental monitoring across various industries, the demand for pH meters is anticipated to rise. There is a rising emphasis on the development of accurate and reliable pH meters with enhanced measurement capabilities, catering to the increasing requirements of research laboratories and scientific applications. Lastly, the market is witnessing significant growth in the healthcare sector, fueled by the expanding adoption of pH meters in medical diagnostics and patient care.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 957 million |
| Market size value in 2031 | USD 1342.42 million |
| Growth Rate | 4.2% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Ph Meters Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Ph Meters Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Ph Meters Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Ph Meters Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Ph Meters Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Ph Meters Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Ph Meters Market Report Snapshots
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