November 30, 2021
According to the research report titled ‘Global pH Sensors & Analyzers Market 2019-2028’, available with Market Study Report, global pH sensors & analyzers market is anticipated to record a CAGR of 8.15% throughout 2019-2028.
Increasing government regulations on water-intensive industries is a major factor driving global pH sensors & analyzers market growth. In addition, the prospering oil & gas sector is generating lucrative opportunities for market development.
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Continuous growth in water and wastewater treatment market on account of rising population, changing climatic conditions, agricultural intensification, and increasing public awareness is another factor that is positively swaying the industry dynamics.
On the downside, high initial investment related to installation, designing, and fabrication along with absence of established operational standards are likely to obstruct the market progress over the estimated timeline.
On the basis of pH/ORP analyzers, global pH sensors & analyzers industry is segmented into benchtop analyzers, portable analyzers, and process analyzers. Speaking of verticals, the marketplace is categorized into water & wastewater, industrial, oil & gas, medical, food & beverages, and other verticals.
The regional analysis of the industry is studied for Latin America, Europe, Asia Pacific, North America, and Middle East & Africa.
Asia Pacific market is expected to showcase strong growth over the projected timespan owing to developing regional economy and growing public awareness related to technological advancements. Expanding pharmaceutical and biotechnology sector is also likely to propel the demand for pH sensors & analyzers. In addition, increasing focus on nanotechnology in countries like India is positively swaying the industry trends in the region.
Prominent companies profiled in the global pH sensors & analyzers industry are Mettler-Toledo International Inc., Kobold Messring GmbH, Honeywell International Inc., Halma plc (Sensorex Inc), Hach Company, Georg Fischer Piping Systems Ltd., Endress+Hauser AG, Emerson Electric Co., ABB Group, Yokogawa Electric Corporation, Xylem Inc., Thermo Fisher Scientific Inc., Sea-Bird Scientific, Schneider Electric USA Foxboro, and PreSens Precision Sensing GmbH.
The report incorporates detailed profiles of the players with information on their businesses and product portfolios, along with the latest developments.