Title: pH Meter Market to reach US$ 2 billion by 2027
1pH Meter Market
Report Id REP-GB-9207 Published On
March-2019 Category Testing
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4pH Meter Market Analysis
- More than 1.6 million pH meters were sold in
2018, according to a new analytical study of
Future Market Insights (FMI). While the unit
sales of pH meter market has been estimated to
grow by promising 4.7 Y-o-Y in 2019, over 85 of
the total sales will be accounted by digital pH
meters. In terms of revenue, FMIs analysis
opines that the global pH meter market value will
grow at a CAGR of more than 5 over 2019-2027. - pH Meter Becoming an Imperative Control Parameter
- pH meters are used significantly in scientific,
industrial, and household applications across
numerous industrial sectors, such as power
industries, pharmaceuticals industries, food
beverages industries, the mining sector, and the
oil gas sector. However, according to FMI,
burgeoning applications of pH meters in chemical
and petrochemical industries will hold a major
share in growth of the pH meter market across the
globe over the forecast period.
5pH Meter Market Analysis
- The importance of determining the properties of a
chemical samples has been on the rise, which
remains the important factor to trigger a high
demand for pH meters in the chemical and
petrochemical industries for petroleum refining
processes. pH is thus becoming an important
control parameter in the petrochemical and
chemical industries and this is likely to
influence upcoming trends in the pH market during
the foreseeable future. - Growing Demand for pH Meters in Healthcare
Industry - pH meters are commonly used for calculating pH of
whole blood PLTs (WBPs) as they are an important
equipment used in surrogate test of bacterial
infection. pH meters are also used to stop the
transfusion of bacterially contaminated WBPs and
RBCs. Hence, the demand for pH meters in the
biotechnology filed, as well as in hospitals and
pharmaceutical laboratories, has witnessed rapid
growth. These are also among the major factors
propelling the pH meter market across the globe.
6pH Meter Market Analysis
- Government Regulations Vis-à-vis Water and
Wastewater Treatment Boost Demand for pH Meter - The report has cited high demand for pH meters
within multiple industrial sectors in North
America and Europe, owing to strict regulations
by respective governments pertaining to the
industrial sector. - Asia Pacific excluding Japan is expected to hold
a prominent share of the global pH meter market
over the forecast period. Increase in spending by
the governments and organisations to cope with
the rapidly growing urbanisation, water policies,
the implementation of safe water principles, as
well as numerous international protocols
policies to ensure water safety are some of the
factors that are estimated to fuel the growth of
the pH meter market in the Asia Pacific excluding
Japan region.
7pH Meter Market Analysis
In the Middle East Africa, the pH meter market
is estimated to grow significantly as the World
Health Organization has published stringent
guidelines pertaining to the obtainability of
safe water for the public, as Middle East Africa
has the lowest number of people with access to
safe drinking water. Governments in the Middle
East Africa region are focusing on refining the
quality of water, which is another parameter
fuelling the growth of pH meter market in the
Middle East Africa. These are some of the factors
fuelling the growth of the market across the
globe. Tier-1 Manufacturers in pH Meter Market
to Emphasize Strategic Acquisitions According to
the FMI analysis, Mettler-Toledo, Emerson
Electric Co. and Thermo Fisher Scientific are
among the prominent manufacturers of pH meters.
Developments and innovations in pH meters, along
with developing relations with customers and
rising number of acquisitions, are among the
prominent strategies followed by the
manufacturers of pH meters
8pH Meter Market Analysis
- Some of the key manufacturers of pH meters are
Endress Hauser Digital Labs GmbH, Hanna
Instruments, Omega Engineering, Agilent
Technologies, PerkinElmer, ThermoWorks, WTW
inoLab, Beckman Coulter, Metrohm, Contech,
Sartorius AG, and Hach. - Press Release Source https//www.globenewswire.co
m/news-release/2019/08/23/1905986/0/en/Digital-pH-
Meters-Account-for-85-of-Overall-Sales-FMI-Report.
html - More from FMIs Testing Equipment Market
Intelligence - Cardiac Reader System Market
- Hydrocarbon Tester Market
- Paint Tester Market
9pH Meter Market Analysis
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10pH Meter Market Analysis
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