The potential of hydrogen (ph) meters global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Potential Of Hydrogen (pH) Meters Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The pH meters market size has grown strongly in recent years. It will grow from $1.41 billion in 2023 to $1.5 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increased environmental regulations, increased demand in agriculture, rise in awareness about water quality, increased industrialization, rise in food safety standards, growth in healthcare diagnostics, and growth in the pharmaceutical and food industries.
The pH meters market size is expected to see strong growth in the next few years. It will grow to $1.89 billion in 2028 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increasing demand in the biotechnology industries, growing environmental monitoring initiatives, expanding applications in food and beverage industries, expanding research and development activities, and growing water and wastewater treatment initiatives. Major trends in the forecast period include advancements in digital and smart pH meters, adoption of portable and wireless devices, advancements in wireless and Bluetooth-enabled meters, integration of IoT and wireless connectivity for remote monitoring, and advancements in sensor technology.
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Scope Of Potential Of Hydrogen (pH) Meters Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Potential Of Hydrogen (pH) Meters Market Overview
Market Drivers –
The increasing incidence of waterborne diseases is expected to propel the growth of the pH meters market going forward. Waterborne diseases are illnesses caused by harmful microorganisms or pollutants in water due to poor sanitation or contamination. Waterborne diseases are on the rise due to factors such as insufficient sanitation, water pollution, and climate change-induced weather extremes. Regular pH monitoring (6.5-8.5) with pH meters promises clean drinking water and protects against waterborne diseases such as cholera and typhoid. In wastewater treatment, pH meters are critical for maximizing disinfection and decreasing disease spread. For instance, in May 2024, according to the UK Health Security Agency, a UK-based government agency, in 2022, 20 cases of cholera were reported in England, a jump from 2 cases in 2021. Therefore, the increasing incidence of waterborne diseases is driving the growth of the pH meters market.
Market Trends –
Major companies operating in the pH meters market are focused on developing an advanced series of wireless pH testers to provide accurate pH measurements wirelessly for various applications. Wireless pH testers are innovative devices that enable users to conduct laboratory-grade pH measurements via compatible smart devices using the App. For instance, in January 2022, Hanna Instruments Inc., a US-based analytical instrumentation manufacturing company, launched the HALO2 wireless pH testers. They connect to the Hanna Lab App using Bluetooth wireless technology and can interface directly with existing Laboratory Information Management Systems (LIMS) utilizing open-API software. The pocket-sized HALO2 testers are great for on-the-go testing, with a big LCD that provides instant readings from any angle. The HALO2 can be used as a standalone pH tester or with the Hanna Lab App to access additional capabilities such as electrode condition, GLP with time stamp, live readings, mV resolution, and data sharing.
The potential of hydrogen (pH) meters market covered in this report is segmented –
1) By Type: Portable pH Meter, Benchtop pH Meter, Continuous pH Meter
2) By Application: Water And Wastewater Treatment, Pharmaceuticals And Biotechnology, Chemicals And Petrochemicals, Environmental Research And Pollution Control, Food Science, Educational Laboratories
3) By End User: Pharmaceutical Industry, Chemical And Petroleum Industry, Diagnostic Centres, Hospitals, Research Laboratories, Government Bodies, Other End-Users
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Regional Insights –
Asia-Pacific was the largest region in the pH meters market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the potential of hydrogen (pH) meters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the potential of hydrogen (pH) meters market are Thermo Fisher Scientific Inc., Emerson Electric Co., Avantor Inc., Agilent Technologies Inc., PerkinElmer Inc., Mettler Toledo, Beckman Coulter Inc., Horiba Ltd. , Hach company, Teledyne FLIR LLC, Metrohm AG, Hamilton Company, Omega Engineering Inc., Contech Instruments Limited, LaMotte Company, ThermoWorks, Milwaukee Electronics Kft , CHEMetrics LLC, PCE Instruments UK Ltd., Bante Instruments, Panomex Inc., Jenco Instruments Inc., Hanna Instruments Inc., Tecpel CO. LTD., Esico International
Table of Contents
1. Executive Summary
2. Potential Of Hydrogen (pH) Meters Market Report Structure
3. Potential Of Hydrogen (pH) Meters Market Trends And Strategies
4. Potential Of Hydrogen (pH) Meters Market – Macro Economic Scenario
5. Global Potential Of Hydrogen (pH) Meters Market Size and Growth
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32. Global Potential Of Hydrogen (pH) Meters Market Competitive Benchmarking
33. Global Potential Of Hydrogen (pH) Meters Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Potential Of Hydrogen (pH) Meters Market
35. Potential Of Hydrogen (pH) Meters Market Future Outlook and Potential Analysis
36. Appendix
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