The overall sales of resistivity meters are projected to exceed a market valuation of US$ 9 Bn in 2022, exhibiting growth at 5% - 6% CAGR during the forecast period (2022-2032). Increasing demand for resistivity meters in wastewater treatment plants and water testing laboratories to check the purity of the water samples is expected to push sales past US$ 13 Bn by 2032.
| Report Attribute | Details |
| Resistivity Meters Market Estimated Market Value (2022) | US$ 9 Bn |
| Resistivity Meters Market Forecast Value (2032) | US$ 13 Bn |
| Resistivity Meters Market Projected Growth Rate (2022-2032) | 5% - 6% CAGR |
Resistivity meters are used to measure the flow of electric current through ground or water samples from probes placed at regular intervals. This electronic device helps evaluate the soil and water compositions based on variations in electrical current values. Thus, applications of these meters are increasing in soil study, water treatment plants, and excavation of underground artifacts.
Growing need for the eradication of aseptic conditions in various industries and laboratories is spurring the demand for ultrapure water. This is likely to drive sales of resistivity meter in the coming years.
Besides this, sales are expected to be driven by growing need for the measurement of leakage of current along the surface of insulating materials such as rock wool, wool, fiberglass, polystyrene, polyurethane, and goose feather.
Rising demand for testing the resistivity of insulating materials as a part of safety standards in the electronic industry is expected to spur sales of resistivity meters in the forthcoming years.
The integration of features such as portability, high-speed response, selectable temperature function, and chemical resistance into the resistivity meters will fuel demand in the market.
In addition to this, mandatory testing of soil resistivity for checking electrical earthing before the commencement of any construction project is likely to offer new avenues for the growth in the market.
Furthermore, testing of surface resistivity of materials used in the metal and mining industry for supporting the quality and safety of the products is increasing. This is likely to propel the demand for resistivity meters at a considerable pace.
Lack of skilled professionals in handling the resistivity meters for achieving accurate readings is projected to restrain the growth in the market.
Inadequacy of calibration facilities and demand for more time during the calibration are factors estimated to limit the sales of resistivity meters.
Additionally, high initial set-up cost of advanced resistivity meters will pose as a challenge for the growth in the market.
As per the study, North America is estimated to hold a significant share in the market due to rising establishments of research laboratories and water treatment plants in the U.S. and Canada.
Increasing government investments in the advancements of testing technologies for applications in electronic, water treatment plants, and other verticals is projected to fuel the demand for resistivity meters in the region.
Moreover, growing adoption of the Internet of Things (IoT) sensors for the development of smart metering solutions is likely to create a conducive environment for the market in the upcoming years.
Rising demand for adequate water and wastewater treatment, along with power generation is anticipated to drive sales of resistivity meters in Asia Pacific.
Also, ongoing expansion of construction, electronic, and wastewater treatment industries in developing countries, especially China and India, is anticipated to augment sales in the market.
Furthermore, growing demand from pharmaceutical and food and beverage industries across various countries for ultrapure water is expected to propel sales over the assessment period.
Key players profiled in the global resistivity meters market include HORIBA Ltd., Tinker & Rasor, ACL Inc., Geo Sensors, Aquaread Ltd., Fann Instrument Company, IRIS Instruments, OMEGA Engineering, and Electrotek Static Controls Pvt. Ltd., among others.
Leading manufacturers are introducing advanced testing technologies to meet the rising demand for pure water and power generation across the globe, which will help them reinforce their position in the market.
| Report Attribute | Details |
| Growth Rate | 5% - 6% CAGR |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in US$ Bn, and CAGR from 2022-2032 |
| 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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| Customization | Available Upon Request |
Product Type:
End Use:
Application:
Region:
Rising demand for pure water and wastewater treatment across the globe is projected to fuel sales in the market.
The global resistivity meters market is expected to register growth at a CAGR of 5% - 6% during the assessment period.
Prominent players profiled in the resistivity meters market include HORIBA Ltd., Tinker & Rasor, ACL Inc., Geo Sensors, Aquaread Ltd., and Fann Instrument Company.
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