[250+ Pages Report] The global electrochemistry meters market size is expected to reach US$ 246.7 Million in 2022 and exhibit growth at a CAGR of 10.2% in the forecast period (2022-2032). Increasing investments by key players in research and development activities to come up with novel pharmaceutical and biotechnological solutions are likely to augment sales of electrochemistry meters in future.
As per FMI, the global electrochemistry meters’ market is set to be valued at US$ 691.3 Million in 2032. Surging demand for multiparameter test instruments and urgent need for high productivity in laboratories are estimated to spur growth in the global market.
| Report Attribute | Details |
|---|---|
| Electrochemistry Meters Market Estimated Base Year Value (2021) | US$ 237.1 Million |
| Electrochemistry Meters Market Expected Market Value (2022) | US$ 246.7 Million |
| Electrochemistry Meters Market Anticipated Forecast Value (2032) | US$ 691.3 Million |
| Electrochemistry Meters Market Projected Growth Rate (2022 to 2032) | 10.2% CAGR |
Electrochemistry meters include portable or benchtop instruments, as well as electrodes that are used to measure various parameters in solutions and water. These are mainly utilized to measure ion-specific testing, temperature, ORP, pH, dissolved oxygen/BOD, resistivity, and conductivity.
Ongoing developments in the field of electrochemistry owing to surging government investments in research activities worldwide are expected to bolster the demand for electrochemistry meters in the upcoming years.
Increasing number of academic institutions in both developed and developing countries is another vital factor that is likely to propel growth. Surging awareness among people regarding safe water consumption, especially in emerging economies is also projected to aid growth.
Besides, global alliances among reputed research institutes to accelerate novel drug discovery are anticipated to open new growth opportunities for key players in the market. Increasing usage of electrochemistry meters to monitor numerous crucial processes in environmental testing, academic institutions, and agricultural sectors is another factor that would push sales.
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The emergence of portable electrochemistry meters that are capable of lowering the equipment amount by showcasing multiple parameters in an individual display unit is set to boost growth. Portable meters can save the time required to transfer electrodes from one meter to another. Industrial fields, such as scientific research, water quality checking, biological agriculture, environmental protection, and disease control are expected to witness high demand for the measurement of numerous parameters.
Increasing occurrence of chemical contamination of water with the inclusion of nitrogen, salts, pesticides, and metals is anticipated to foster the electrochemistry meters market growth in the evaluation period. Increasing need for safe water production among several water treatment companies for providing clean drinking water to the populace globally is another crucial factor that is expected to fuel growth.
Declining average selling prices of electrochemistry meters may hamper the market in future years. In addition to that, commoditization of electrochemistry instruments is projected to obstruct their sales in the forecast period.
However, increasing deployment of complex and new projects on the water industry and power plants is expected to necessitate the requirement of continuous monitoring of plants. It is further set to open doors to new growth opportunities for key players and propel sales of electrochemistry meters.
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In terms of region, North America is anticipated to generate the largest electrochemistry meters market share in the forthcoming decade. Development in pharmaceutical and biotechnology industries, especially in the U.S. and Canada is expected to bolster the growth.
Increasing government support in terms of funding to trigger research work is another significant factor that would contribute to the market growth. Further, surging adoption of pH meters owing to increasing water pollution is likely to fuel growth.
Rapid industrialization and urbanization are leading to the excessive release of wastewater into water bodies by various factories, which would push growth. Increasing prevalence of diseases associated with the consumption of contaminated water is thus compelling key players to develop new pH meters across North America.
Increasing cases of water-borne diseases in developing countries, such as India and China are likely to propel the demand for electrochemistry meters across Asia Pacific. As per the India Water Portal, approximately 37.7 million people living in the country are affected by water-borne diseases every year.
Also, nearly 1.5 million children die because of diarrhea and about 73 million working days are lost due to the disease. These numbers are projected to increase in future years, thereby propelling the Asia Pacific market.
Moreover, contamination of rural piped supplies and groundwater backed by improper sanitation and hygiene is projected to drive the regional market. Fecal contamination is the most prevalent in low- and middle-income countries across Asia Pacific. Thus, key manufacturers are striving to introduce state-of-the-art pH meters to prevent waterborne diseases, which would aid growth.
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Some of the leading players operating in the global electrochemistry meters market include METTLER-TOLEDO International, Inc., Metrohm AG, Yokogawa Electric Corporation, Xylem Inc., Thermo Fisher Scientific, Inc., HANNA Instruments, Inc., Horiba Ltd., Danaher Corporation, DKK TOA Corporation, and Endress+Hauser AG among others.
Leading companies in the market are increasingly focusing on developing cutting-edge products to attract more customers and gain a competitive edge. They are also engaging in collaborations and partnerships with local firms to co-develop novel products and expand their geographic presence. A few other start-up companies are aiming to improve their portfolios by signing agreements with international players.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 10.2% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The global electrochemistry meters market is set to surpass US$ 691.3 Million in 2032.
North America is set to lead the electrochemistry meters market in the forecast period.
METTLER-TOLEDO International, Inc., Metrohm AG, Yokogawa Electric Corporation, Xylem Inc., and Thermo Fisher Scientific, Inc. are some of the renowned companies in the electrochemistry meters market.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Electrochemistry Meters Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Electrochemistry Meters Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Product Type, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Product Type, 2022-2032 5.3.1. pH and ORP Meter 5.3.2. Conductivity Meter 5.3.3. Ion Concentration Meter 5.3.4. Dissolved Oxygen Meter 5.3.5. Potentiometric Titrators 5.3.6. Pocket Testers 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021 5.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032 6. Global Electrochemistry Meters Market Analysis 2017-2021 and Forecast 2022-2032, By Technology Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Technology Type, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Technology Type, 2022-2032 6.3.1. Voltammetry 6.3.2. Potentiometry 6.3.3. Coulometry 6.3.4. Other Technology Types 6.4. Y-o-Y Growth Trend Analysis By Technology Type, 2017-2021 6.5. Absolute $ Opportunity Analysis By Technology Type, 2022-2032 7. Global Electrochemistry Meters Market Analysis 2017-2021 and Forecast 2022-2032, By End Use Industry 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By End Use Industry, 2017-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By End Use Industry, 2022-2032 7.3.1. Environmental Testing 7.3.2. Food and Agriculture 7.3.3. Biotechnology and Pharmaceutical 7.3.4. Academic Research Institutes 7.3.5. Others 7.4. Y-o-Y Growth Trend Analysis By End Use Industry, 2017-2021 7.5. Absolute $ Opportunity Analysis By End Use Industry, 2022-2032 8. Global Electrochemistry Meters Market Analysis 2017-2021 and Forecast 2022-2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021 8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia & Pacific 8.3.6. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Electrochemistry Meters Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Product Type 9.2.3. By Technology Type 9.2.4. By End Use Industry 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Product Type 9.3.3. By Technology Type 9.3.4. By End Use Industry 9.4. Key Takeaways 10. Latin America Electrochemistry Meters Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Product Type 10.2.3. By Technology Type 10.2.4. By End Use Industry 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product Type 10.3.3. By Technology Type 10.3.4. By End Use Industry 10.4. Key Takeaways 11. Europe Electrochemistry Meters Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Product Type 11.2.3. By Technology Type 11.2.4. By End Use Industry 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Technology Type 11.3.4. By End Use Industry 11.4. Key Takeaways 12. East Asia Electrochemistry Meters Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Product Type 12.2.3. By Technology Type 12.2.4. By End Use Industry 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Technology Type 12.3.4. By End Use Industry 12.4. Key Takeaways 13. South Asia & Pacific Electrochemistry Meters Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Thailand 13.2.1.3. Indonesia 13.2.1.4. Malaysia 13.2.1.5. Singapore 13.2.1.6. Australia 13.2.1.7. New Zealand 13.2.1.8. Rest of South Asia & Pacific 13.2.2. By Product Type 13.2.3. By Technology Type 13.2.4. By End Use Industry 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Technology Type 13.3.4. By End Use Industry 13.4. Key Takeaways 14. MEA Electrochemistry Meters Market Analysis 2017-2021 and Forecast 2022-2032, By Country 14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Product Type 14.2.3. By Technology Type 14.2.4. By End Use Industry 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Product Type 14.3.3. By Technology Type 14.3.4. By End Use Industry 14.4. Key Takeaways 15. Key Countries Electrochemistry Meters Market Analysis 15.1. U.S. 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2021 15.1.2.1. By Product Type 15.1.2.2. By Technology Type 15.1.2.3. By End Use Industry 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2021 15.2.2.1. By Product Type 15.2.2.2. By Technology Type 15.2.2.3. By End Use Industry 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2021 15.3.2.1. By Product Type 15.3.2.2. By Technology Type 15.3.2.3. By End Use Industry 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2021 15.4.2.1. By Product Type 15.4.2.2. By Technology Type 15.4.2.3. By End Use Industry 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2021 15.5.2.1. By Product Type 15.5.2.2. By Technology Type 15.5.2.3. By End Use Industry 15.6. U.K. 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2021 15.6.2.1. By Product Type 15.6.2.2. By Technology Type 15.6.2.3. By End Use Industry 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2021 15.7.2.1. By Product Type 15.7.2.2. By Technology Type 15.7.2.3. By End Use Industry 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2021 15.8.2.1. By Product Type 15.8.2.2. By Technology Type 15.8.2.3. By End Use Industry 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2021 15.9.2.1. By Product Type 15.9.2.2. By Technology Type 15.9.2.3. By End Use Industry 15.10. China 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2021 15.10.2.1. By Product Type 15.10.2.2. By Technology Type 15.10.2.3. By End Use Industry 15.11. Japan 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2021 15.11.2.1. By Product Type 15.11.2.2. By Technology Type 15.11.2.3. By End Use Industry 15.12. South Korea 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2021 15.12.2.1. By Product Type 15.12.2.2. By Technology Type 15.12.2.3. By End Use Industry 15.13. India 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2021 15.13.2.1. By Product Type 15.13.2.2. By Technology Type 15.13.2.3. By End Use Industry 15.14. Thailand 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2021 15.14.2.1. By Product Type 15.14.2.2. By Technology Type 15.14.2.3. By End Use Industry 15.15. Indonesia 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2021 15.15.2.1. By Product Type 15.15.2.2. By Technology Type 15.15.2.3. By End Use Industry 15.16. Malaysia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2021 15.16.2.1. By Product Type 15.16.2.2. By Technology Type 15.16.2.3. By End Use Industry 15.17. Singapore 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2021 15.17.2.1. By Product Type 15.17.2.2. By Technology Type 15.17.2.3. By End Use Industry 15.18. Australia 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2021 15.18.2.1. By Product Type 15.18.2.2. By Technology Type 15.18.2.3. By End Use Industry 15.19. New Zealand 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2021 15.19.2.1. By Product Type 15.19.2.2. By Technology Type 15.19.2.3. By End Use Industry 15.20. GCC Countries 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2021 15.20.2.1. By Product Type 15.20.2.2. By Technology Type 15.20.2.3. By End Use Industry 15.21. South Africa 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2021 15.21.2.1. By Product Type 15.21.2.2. By Technology Type 15.21.2.3. By End Use Industry 15.22. Israel 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2021 15.22.2.1. By Product Type 15.22.2.2. By Technology Type 15.22.2.3. By End Use Industry 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Product Type 16.3.3. By Technology Type 16.3.4. By End Use Industry 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Metrohm AG 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. HANNA Instruments, Inc. 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. Xylem Inc. 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. DKK TOA Corporation 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. METTLER-TOLEDO International, Inc. 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. Danaher Corporation 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. Thermo Fisher Scientific, Inc. 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. Endress+Hauser AG 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. Yokogawa Electric Corporation 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. Horiba Ltd. 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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Electrochemistry Meters Market
