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Benchtop pH Meters Market Overview, Dynamics, Growth Factors for Business Expansion, Key Companies, Trends and Forecast 2028

03-01-2019 01:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Benchtop pH Meters

Benchtop pH Meters

Benchtop pH meter is one of the most essential equipment in laboratories owing to its wide range of usage for analytical and synthetic processes. The demand for benchtop pH meters is increasing in laboratories as the equipment offers high versatility and flexibility. Increasing demand for compliance to the water quality testing parameters that are critical to various industrial, laboratory, chemical, and processing applications will remain a major factor driving demand growth of benchtop pH meters in the global market. Benchtop pH meters are the electronic instruments widely used for measurement of alkalinity and acidity of semi-solid or liquid samples across various industries including waste water, food & beverages, pharmaceutical, and chemical. Moreover, these industries are adopting benchtop pH meters to adhere to superior product quality, process efficiency, and regulatory compliance in industrial processes. 

Growing Awareness Regarding Water and Food Quality 

Rising demand for benchtop pH meters has been strongly backed by surging applicability in food processing and water treatment, thereby propelling sales of benchtop pH meters. Also, increasing number of government regulations for water quality and growing occurrences of water body contamination are the factors boosting benchtop pH meters market performance. 

Moreover, rising awareness regarding quality maintenance of drinking water and packaged food products is generating potential growth opportunities for benchtop pH meters manufacturers. Technological advancements in benchtop pH meters such as multi-parameter analysis and incorporation of smart sensors is propelling the growth of benchtop pH meters market. In addition, benchtop pH meters are experiencing high demand in food and processing industries for maintaining the food standards and monitoring of production process. 

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Government Rules & Regulations Favoring Demand Growth 

The benchtop pH meters market is also driven by rising number of government and public organization regulations set for water and food related industries. For instance, the US EPA (the US Environment Protection Agency) has imposed stringent regulatory measures on water treatment plants in order to decease the pollutants pervading the environment and water. Moreover, increasing number of research and testing laboratories in emerging economies, especially targeting water and food testing facilities, is another key factor fueling the growth of benchtop pH meters market. In addition, heavy investments in research and development sector along with the development in the pharmaceutical sector are also creating potential growth opportunities for benchtop pH meters market. 

Global Benchtop pH Meters Market: Segmentation

Segmentation of Benchtop pH Meters Market on the Basis of Product Type:

Equipment

Accessories

Segmentation of Benchtop pH Meters Market on the Basis of End Use:

Biotechnology & Pharmaceutical

Food & Beverages

Water and Waste water

Government and Environmental Research

Chemicals and Petrochemicals

Others

Global Benchtop pH Meters Market: Competition Landscape

Key Players

Prominent players in the global benchtop pH meters market are Thermo Fisher, Hanna Instruments, Agilent Technologies, Mettler Toledo, PerkinElmer Inc., Danaher Corporation, Horiba, Metrohm, Beckman Coulter, and Sartorius AG. 

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Global Benchtop pH Meters Market: Regional Overview

On the basis of geography, North America and Europe are expected to capture the significant market share in terms of revenue in the benchtop pH meters market, owing to the presence of key benchtop pH meters manufacturer and increasing number of research and development activities in various countries in the regions. Also, the high health concerns and growing number of regulations regarding water treatment and food processing are the factors supporting the significant share of these regions in benchtop pH meters market. 

Moreover, Asia Pacific is expected to witness high growth rates in benchtop pH meters market due to the growing demand for multi-functional benchtop pH meters and rising penetration of food borne and waterborne diseases in countries of this region. Furthermore, Latin America, and Middle East & Africa are also creating lucrative opportunities for the benchtop pH meters market due to the increasing spending on research and development sector by various countries and presence of various chemicals and petrochemicals industries in the region.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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