Global Colorimeter Market Size study, By Product (Color Densitometers, Color Photometers), By Portability (Portable, Stationary), By End User (Pharmaceutical, Food & Beverage, Paints & Textile, Chemical, Research & Educational Institutes, Agriculture, Water Utilities, Healthcare, Automotive & Transportation, Electronics , Enterprises), and Regional Forecasts 2022-2028
Global Colorimeter Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Colorimeter is a device which is used to measure any coloured compound's concentration. This device compares the amount of light getting through a solution with the amount that can get through a sample of pure solvent. Colorimeter has applications in colour printing, textile manufacturing, paint manufacturing and food industries among others. Rising Food and beverages industry and growing water utilities industries are key drivers for growth of Colorimeter Market. For instance, according to Statista - In 2021, the global functional foods and beverage market was valued at USD 281.14 billion, and the market is projected to reach to USD 500 billion by 2028. Also, growing industrialization and urbanization in emerging markets and increasing applications of colorimeters in end use industries are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, lack of penetration from emerging economies and high cost associated with colorimeter devices impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Colorimeter Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and rising digitization across different industries in the region. Whereas Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising paint manufacturing & textile industry and growing food & beverages industry in the region, would create lucrative growth prospects for the Colorimeter market across the Asia Pacific region.
Major market players included in this report are:
Thermo Fisher Scientific, Inc.
Danaher Corporation
Konica Minolta Sensing Americas, Inc.
Xylem Inc.
The Biochrom subsidiary of Harvard Bioscience
Hanna Instruments
PCE Instruments
Admesy B.V.
Taylor Technologies
Metrohm AG
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Color Densitometers
Color Photometers
By Portability
Portable
Stationary
By End User
Pharmaceutical
Food & Beverage
Paints & Textile
Chemical
Research & Educational Institutes
Agriculture
Water Utilities
Healthcare
Automotive & Transportation
Electronics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Colorimeter Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Thermo Fisher Scientific, Inc.
Danaher Corporation
Konica Minolta Sensing Americas, Inc.
Xylem Inc.
The Biochrom subsidiary of Harvard Bioscience
Hanna Instruments
PCE Instruments
Admesy B.V.
Taylor Technologies
Metrohm AG
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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