According to the research report titled ‘GLOBAL Ph Sensors & Analyzers Market 2019-2028’, available with Market Study Report, global pH sensors & analyzers market is likely to witness a compound annual growth rate of 8.15% through 2028.
 

Introduction of strict government mandates on water-intensive industries is one of the major factors driving the growth of global pH sensors & analyzers market. Increasing agricultural activities, growth population, and changing climatic conditions has resulted in rapid expansion of water and wastewater treatment sector, which in turn is fueling the demand for pH sensors & analyzers.
 

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Flourishing oil & gas sector is also providing lucrative growth opportunities for companies operating in this market space. However, high costs of installing, designing, and fabricating coupled with lack of standardized regulations could potentially hamper global pH sensors & analyzers industry remuneration in the forthcoming years.
 

Regionally, Asia-Pacific pH sensors & analyzers industry is estimated to generate considerable revenues in the ensuing years, owing to improving economic conditions, increasing awareness, and technological breakthroughs.
 

Proliferating pharmaceutical & biotechnology sector, escalating government funding, and emphasis towards opting for nanotechnology is adding traction to pH sensors & analyzers market size in Asia-Pacific.
 

The key participants in global pH sensors & analyzers industry are Yokogawa Electric Corporation, Xylem Inc., Thermo Fisher Scientific Inc., Sea-Bird Scientific, Schneider Electric SE, PreSens Precision Sensing GmbH, Mettler Toledo, KOBOLD Messring GmbH, Honeywell International Inc., Halma plc, Hach Company, GF Piping Systems, Endress+Hauser, Emerson Electric Co., and ABB Ltd. among others.