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pH Meters Market

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PH <strong>Meters</strong> <strong>Market</strong> growth outlook with industry review and<br />

forecasts: Global <strong>Market</strong> Insights Inc.<br />

<strong>pH</strong> <strong>Meters</strong> <strong>Market</strong> size was estimated at over USD 1.3 billion in 2015 and is expected<br />

to grow at around 5% CAGR from 2016 to 2023. High demand for these devices in<br />

agriculture, food and beverages, water treatment plants, fertilizers, pharmaceuticals,<br />

oil and gas sector, power industries and mining sector is among the leading factors<br />

expected to drive growth. Rising health concern and growing water purity awareness<br />

levels among people are also major demand drivers.<br />

Benchtop <strong>pH</strong> meters market accounted for over 50% of the overall revenue in 2015.<br />

They are automated devices used to measure the alkalinity and acidity of liquid and<br />

semi-solid samples in several industries with uses in potable water, food and<br />

beverages, waste water, pharmaceutical and chemical testing.<br />

<strong>pH</strong> meters are needed to detect water alkalinity and to verify its purity. They are mostly<br />

used at water purification plants to check water purity level and determine whether it<br />

is potable or not. Water contamination rates and water borne diseases have impelled<br />

people to use these devicesin the household. <strong>pH</strong> meters market is likely to witness<br />

growth in future due to increasing concerns of people about personal health.<br />

Harmful effects of acidic or basic water on expensive pipelines and equipment such<br />

as condensers, boilers, etc. in chemical, power, and oil & gas industries has spurred<br />

adoption. High demand in food and beverages and pharmaceuticals industries is also<br />

a major growth driver, with usage in monitoring production processes and avoiding<br />

any deviation from the standard procedure.<br />

In 2015, the food science industry held the majority of the <strong>pH</strong> meters market share<br />

with over 40% revenue contribution. Large application area in industries such as wine,<br />

fruit juice and food processing, agriculture, dairy and others is a high impact rendering<br />

driver in this sector.<br />

Along with benchtop, other product segments include portable and on-line equipment.<br />

Portable devices are simple but specialized to measure <strong>pH</strong> in a very precise manner.<br />

They are easy to carry and operate with reliable performance up to long hours. Online<br />

or inline meters are widely suitable for power plants, water treatment plants, medicine<br />

manufacturing units and laboratory purpose. They are suited for use in harsh<br />

environments with speed and more reliability.<br />

On the basis of end-use, the industry is divided into pharmaceutical and biotechnology<br />

companies, food and beverage, environmental testing, and government and academic<br />

institutions. With increasing regulations regarding food safety, the food and beverage<br />

industry is the largest end user.<br />

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U.S. <strong>pH</strong> meters market share was significant, due to high prevalence across various<br />

application areas, as well asgovernment guidelines on water intensive industries. The<br />

EPA has imposed stringent regulations on water treatment plants in order to reduce<br />

pollutants. Benchtop products dominated the regional industry, on account of high<br />

demand in industrial research, laboratories and research institutes. They are<br />

estimated to lose share in the coming years due to rising adoption of multi-parameter<br />

analysis instruments. Increasing concerns regarding the significance of continuous <strong>pH</strong><br />

value monitoring in industrial processes will drive online meter demand.<br />

Asia Pacific <strong>pH</strong> meters market is estimated to grow at approximately 5% CAGR over<br />

the forecast timeframe. Increasing awareness about novel devices with<br />

technologically advanced sensors and applications of such measuring devices among<br />

agricultural scientists, industrial researchers, and experts are some factors enabling<br />

growth.<br />

Europe was the highest revenue generating region with over 30% of the global <strong>pH</strong><br />

meters market share in 2015. Factors responsible for considerable revenue comprise<br />

the presence of industrial infrastructure and sophisticated advanced healthcare, high<br />

level of R&D activities, high degree of health concerns and awareness relating to<br />

waterborne diseases.<br />

Major companies operating in the U.S. include Hanna Instruments, Hach Company,<br />

Mettler Toledo, Thermo Fisher, Rosemount Analytical, etc. Other key players are<br />

Qingdao Tlead International, PerkinElmer, Agilent Technologies, Zhangzhou Eastern<br />

Intelligent Meter, Hangzhou Lohand Biotechnology, Tecpel, Suzhou Unigreen<br />

Electronic Technology, Shenzhen Huge Creation Technology, Shanghai Selon<br />

Scientific Instrument, Yantai Chemins Instrument, Contech Instruments, Horiba and<br />

Swastik Scientific Company.<br />

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About Global <strong>Market</strong> Insights<br />

Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />

research and consulting service provider; offering syndicated and custom research<br />

reports along with growth consulting services. Our business intelligence and industry<br />

research reports offer clients with penetrative insights and actionable market data<br />

specially designed and presented to aid strategic decision making. These exhaustive<br />

reports are designed via a proprietary research methodology and are available for key<br />

industries such as chemicals, advanced materials, technology, renewable energy and<br />

biotechnology.<br />

Contact Us:<br />

Arun Hegde<br />

Corporate Sales, USA<br />

Global <strong>Market</strong> Insights, Inc.<br />

Phone: 1-302-846-7766<br />

Toll Free 1-888-689-0688<br />

Email: sales@gminsights.com<br />

Website: https://www.gminsights.com<br />

Connect with us: Facebook | Google+ | LinkedIn | Twitter<br />

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