pH Meters Market Analysis And Forecast To 2032: By Product (Bench Top pH Meters, Portable pH Meters), By Type (Digital, Manual), By End-use (Pharmaceutical and Biotechnology Companies, Food and Beverage, Environmental Testing, Government and Academic Institutions, Chemicals and Petrochemicals, Water and Wastewater Treatment), And Region
The global PH Meters Market was valued at USD 1.3 Billion in 2022 and it is anticipated to grow up to USD 2.4 Billion by 2032, at a CAGR of 6.5% during the forecast period.
pH meters are instruments that are used to measure hydrogen-ion activity to determine acidic and alkaline levels in solutions. They are calibrated with known pH levels of solutions before use to ensure the accuracy and precision of results. They are used to ensure acidic levels in various applications ranging from water treatments to laboratories.
Global PH Meters Market Scope and Report Structure
Market Trends and Drivers
Technological advancements integrated within pH meters will fuel the market progression
The advancement of technology has increased modifications and application of pH meters in the market. Digital pH meters, with their advanced features, aid in the reduction of measurement errors. These technologically advanced pH meters are widely used in industries such as food processing, agriculture, power generation, and water treatment, among others. For instance, in February 2022, PCE instruments launched its new pH meter, PCE-PH 30 pH meter with few features such as automatic temperature compensation and automatic electrode recognition. Such advancement increases the demand for pH meter. In addition, rising number of research and testing laboratories or manufacturing facilities for testing products or services such as food testing, soil testing and water testing will spur the pH meters market demand.
Market Restraints and Challenges
Many pH meters are soluble only in low conductivity solutions especially in distilled, deionized and ultrapure water. Continuous drift, frequent calibration and short service life will result from pH glass dissolution. The dissolving process will only accelerate at elevated temperature. There are no data available for selecting the right electrode, trial and error will provide the answer such uncertainties may hamper the market.
Global PH Meters Market Segmental Overview
The report analyses the global pH Meters Market based on product, type, end-use and region.
Global PH Meters Market by Product
By product type, the market is segmented into benchtop, and portable pH meters. Technological advancements such as online pH meters, calibration-free measurement systems, microprocessors for auto temperature, and pressure compensation are few of the factors that are expected to propel the market growth over the next seven years. In 2022, bench top meters held over xx% of the overall pH meters market owing to, its wide application in academic institutes, laboratories, industrial researchers, ease of usage, and growing demand for easy accessibility and accuracy. Portable pH meters are expected to witness a lucrative growth of over 7% during the forecast period of seven years. High mobility and small size of these meters is one of the key factors attributing to its rapid growth. Stringent regulations on water treatment plants by various EPA (Environmental Protection Agency), rising health concern among the population regarding adverse effect of quality of water and easy accessibility & availability of such instruments are among few of the factors that are expected to boost the usage of pH meters across various industries.
Global PH Meters Market by Type
By type, the pH meters market is segmented into digital and manual type pH meter. The manual type of pH meter segment has accounted for around USD xx million in 2022. This is owing to increasing adoption of manual pH meters as these types are mainly used in food and beverages and pharmaceutical industry to measures acidity/alkalinity of a solution. pH meters are also used to measure the acidity for preserving foods and fermentation process and it gives better operational control. Therefore, the demand for manual pH meters will boost.
Global PH Meters Market by End-use
Based on end-use, the market is categorized into pharmaceutical and biotechnology companies, food and beverages, environmental testing, government and academic institutions, chemicals and petrochemicals, water, and wastewater treatment and others. Among these, the food and beverages segment are projected to witness xx% CAGR from 2022 to 2032. The demand for measuring pH meters in food and beverages industry for maintaining quality, safety, and consistency in food and beverages is increasing annually. Measuring pH value is one of the parameters measured during an inspection of the product before release. For instance, during cheeses-making, enzymatic activity is highly dependent on pH for improving yield and enhancing flavor.
Additionally, controlling pH regulates the growth of desirable and non-desirable microorganisms. Thus, to maintain different types of food such as acidified food, fermented food, and low-acid canned food, resulting in an increase in demand for pH meter thereby, driving the overall market statistics.
Geographical Analysis of Global PH Meters Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Among regional markets, the Europe pH meters market is expected to grow at xx% CAGR over the forecast period. The regional growth is attributable to the technological advancement integrated within the pH meter and rising regulatory landscape in developed as well as developing countries. Further, increasing incidences of water borne diseases will spur the regional market statistics. For instance, according to the European Centre for Disease Prevention and Control (ECDC), in 2018, Europe countries reported 26 confirmed cases of cholera.
Major Players in the Global PH Meters Market
Some of the prominent industry players operating in the pH meters industry include Thermo Fisher Scientific, Contech Instruments, Emerson Electric Co. (Rosemount Analytical), Hach, Qingdao Tlead International, Hamilton Company, PCE Instruments, Hanna Instruments, Inc., Panomex Inc., Shanghai Selon Scientific Instrument Co., Ltd., Horiba, Jenco Instruments Inc., Metrohm AG, TECPEL CO., LTD., Agilent Technologies, and Mettler-Toledo International Inc., among others.
COVID-19 Impact:
Pharmaceutical and chemical manufacturing industry has been hit in many ways due to the Corona effect. To begin with, lower production, due to lower off take was undertaken. This takes a little longer to manifest itself, as, some distributors, sensing an opportunity to earn profits in a developing shortage situation, tend to carry on with the sales, but with an extended schedule of deferred payments. Longer credit days are given by the producer, who is keen on continuing with operations, before a complete shutdown. More and more employees stop coming in to work, due to government directives, thereby reducing the scale of operations, with consequent effect on quality, cost and production volumes. Over a period, this adversely affects the turnover, which slows down to a trickle. The uncertainties in the logistics leads to a cascading effect, transporters struggle to not only place vehicles for loading, they also are under pressure to adjust their quotes for carrying goods, as they also face lower attendance, with their operational risks increasing steeply.
Recent Developments:
In March 2020, Metrohm AG launched new handheld 913 pH/DO Meter. This pH meter can measure pH value and concentration of dissolved oxygen within the same sample.
In 2017, Mettler Toledo, one of the leading global precision instruments manufacturer, launched Pro2Go, a smart handheld PH meter. The portable PH meter provides accurate and fast measurement, single-handed operational capabilities, and great durability.
Frequently Asked Questions
Q1. How big is the PH Meters Market?
Ans. The global PH Meters Market was valued at USD 1.3 Billion in 2022 and it is anticipated to grow up to USD 2.4 Billion by 2032, at a CAGR of 6.5% during the forecast perio.
Q2. What is the PH Meters Market growth rate?
Ans. The growth rate of the PH Meters Market is 6.5%
Q3. Which region holds a major market share for the market?
Ans. North America holds a major market share of the PH Meters Market in 2022.
Q4. Which segment accounted for the largest PH Meters Market share?
Ans. By end-use, the food andbeverage segment accounted for the largest PH Meters Market share.
Q5. Who are the key players in the kidney stones management market?
Ans. Some of the prominent industry players operating in the pH meters industry include Thermo Fisher Scientific, Contech Instruments, Emerson Electric Co. (Rosemount Analytical), Hach, Qingdao Tlead International, Hamilton Company, PCE Instruments, Hanna Instruments, Inc., Panomex Inc., Shanghai Selon Scientific Instrument Co., Ltd., Horiba, Jenco Instruments Inc., Metrohm AG, TECPEL CO., LTD., Agilent Technologies, and Mettler-Toledo International Inc., among others.
Q6. What are the factors driving the PH Meters Market growth?
Ans. Rising demand for these devices in industries such as food processing, water treatment, power, agriculture, fertilizers, etc. is among the key factors expected to drive market growth. Furthermore, rising health concerns, declining immunity levels, and growing user awareness levels regarding water purity are identified as some high-impact rendering drivers.
Q7. What are the key growth strategies of PH Meters Market players?
Ans. The key growth strategies of PH Meters Market players are product launch and product approval.
Q8. Which region will provide more business opportunities for the PH Meters Market during the forecast period?
Ans. The Asia-Pacific region will provide more business opportunities for the PH Meters Market during the forecast period.
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