pH Sensor Market Size, Share, Growth Analysis, Demand Forecast, Revenue, Business Opportunities, Competitive Landscape and Impact of COVID 19
Research Reports
Apr 28, 2022
The global pH sensor market is growing at a rapid pace. Rapidly reforming government regulations on water-intensive industries is a major driving force behind the growing landscape of the pH sensor market. Besides, the high applicability of pH sensors in water treatment plants, pharmaceutical industries, mining, power, oil & gas sectors, and food & beverage industries boost the market size.
With the rising adoption of IoT, the market is expected to witness a significant rise during the next few years. According to Market Research Future (MRFR), the global pH sensor market is projected to accelerate to USD 1802 MN by 2023, registering a 4% CAGR over the assessment period (2017-2023). Growing awareness of the harmful effects of acidic or basic water on pipelines influences the market revenues.
Additionally, the increasing uses of condensers and boilers in power, chemical, and oil & gas industries further foster the use of pH sensors. Increasing numbers of research and testing labs across the globe is a key factor bolstering pH sensor sales. Furthermore, the rising uses of pH sensors in the textile industry to analyze a particular dye type and in the medical industry to check the efficiency of the drug propel the pH Sensor Market growth.
Global PH Sensor Market – Segmentations
The market is segmented into types, components, measurement technologies, applications, and regions. The type segment is sub-segmented into portable pH sensors, benchtop pH sensors, and online pH sensors. The component segment is sub-segmented into temperature sensing elements, measuring electrodes, sensor body, reference electrode, and others.
The measurement technology segment is sub-segmented into amperometric detectors, ion-selective field-effect transistors (ISFET), and others. The application segment is sub-segmented into industrial, paper & pulp industry, agriculture, metals & mining, healthcare, food & beverage industry, and others. The region segment is sub-segmented into Americas, Asia Pacific, Europe, MEA, and the Rest-of-the-World.
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Global PH Sensor Market – Geographical Analysis
The Middle East & Africa (MEA) region dominates the global pH sensor market. Factors such as the spurring rise in the food and beverage industry and water treatment industries in this region boost the market growth. Besides, increasing government initiatives and funding for research impact the market revenues positively. The growing adoption of pH meters to provide quality water and processed food products in the region increases the market size.
Global PH Sensor Market – Competitive Analysis
The well-established pH sensor market appears fragmented due to several matured players forming a competitive landscape. These players focus on expanding their product portfolio with the help of advanced technologies. Increasing government funding is expected to motivate key companies to develop new sensors that match the changing trends and needs of the patrons.
Key Players:
Players leading the market include Texas Instruments (US), Banpil Photonics Inc (US), Endress+Hauser (Switzerland), Oceana Sensor Technologies Inc. (US), Infineon Technologies AG (Germany), In-Situ Inc. (UK), Omron Corporation (Japan), Omega (Switzerland), Emerson Process Management (US), and Burkert and Power Systems Inc. (US), among others.
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Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
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