pH Meters Market Size to Reach $1.95 Billion by 2022: Grand View Research, Inc.

SAN FRANCISCO, April 12, 2016 /PRNewswire/ --

Global pH meters market is expected to reach nearly USD 1,951.2 million by 2022 according to a new report by Grand View Research Inc. Key factors attributing to the market growth are introduction of technologically advanced portable and bench top pH meters, growing concerns to monitor environmental pollution and the need to regulate pH levels in various consumable products. 

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Increasing demand for quality control and routine testing of soil, water, food, beverage, and dairy products is driving the use of new generation pH meters with multi-parameter analysis. The new devices are improving the efficiency, accuracy, ease of usage, and cost-effectiveness, which are expected to serve as high-impact rendering drivers over the forecast period. 

Increasing awareness regarding the need to regulate waste water pH in industries such as chemicals, pharmaceuticals, food processing, and other end use sectors is a key factor boosting the usage rates. pH neutralization of the waste water discharged from these industries is critical to prevent corrosion of sewage pipes and prevent leakage of harmful substances in to the land and other water bodies. 

Furthermore, growing awareness about soil pH and its impact on plant nutrient absorption is a key factor boosting the soil pH analysis. Maintaining the appropriate ratio of nitrogen, phosphorous, and potassium (N-P-K) in the soil plays an important role in improving the product yield, quality, and also improves resistance to various diseases. The shift towards scientific agricultural practices and growing demand for organic farming, soil testing, irrigational water testing, are some the key factors expected to positively reinforce market growth over the forecast period. 

Browse full research report with TOC on "pH Meters Market Analysis by Type (Bench top pH Meters, Portable pH Meters, Continuous pH Meters), By End-Use (Pharmaceuticals, Biotechnology, Environmental Research, Pollution Control, Food Science) And Segment Forecasts to 2022" at: http://www.grandviewresearch.com/industry-analysis/ph-meter-market

Further key findings from the study suggest: 

• In 2014, bench top pH meters were the largest segment accounting for nearly 57% of the market. Bench top pH meters are widely used in different industries, research labs and commercial testing centers owing to their advanced features, ease of operation, durability of the sensors, and accuracy.
• Portable pH meters are expected to be the fastest growing segment over the forecast period. Low cost of these devices, high accuracy and ability to monitor pH of samples at any location are major factors expected to boost the usage rates in the next seven years.
• In 2014, Europe dominated the overall pH meters market with nearly 34% share. Some key factors attributed to the high share are presence of stringent environmental regulations, awareness about scientific agricultural, food and beverage manufacturing practices.
• However, Asia Pacific is expected to the fastest growing with a CAGR of 7.9% over the forecast period. The shift from traditional agricultural practices to scientific and organic farming, increasing emphasis on managing waste water discharge, and increasing demand from academic, food processing, beverages and other end use industries are key factors expected to reinforce the market growth over the forecast period.
• The market is witnessing high competition due to the presence of a large number of small and medium scale manufacturers catering to regional demand. Key market players include Thermo Fisher Scientific, Danaher Corporation, Mettler Toledo, Metrohm USA, Hanna Instruments, Agilent Technologies, and Perkin Elmer. 

Grand View Research has segmented the pH meters market on the basis of product, end-use and region:

• pH Meter Market Product Outlook, by Revenue (USD Million, 2015 - 2022) 
  • Bench top pH meters
  • Portable pH meters
  • Continuous pH meters
• pH Meter Market End-Use Outlook, by Revenue (USD Million, 2015 - 2022) 
  • Pharmaceuticals and Biotechnology
  • Environmental Research and Pollution Control
  • Food Science
  • Others
• pH Meter Market Regional Outlook, by Revenue (USD Million, 2015 - 2022) 
  • North America Product Outlook by Revenue (USD Million), 2012 - 2022
    • U.S.
    • Canada
  • Europe Product Outlook by Revenue (USD Million), 2012 - 2022
    • Germany
    • UK
    • France
  • Asia Pacific Product Outlook by Revenue (USD Million), 2012 - 2022
    • Japan
    • China India
  • Latin America Product Outlook by Revenue (USD Million), 2012 - 2022
    • Brazil
    • Mexico
  • MEA Product Outlook by Revenue (USD Million), 2012 - 2022
    • South Africa

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About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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