The Global pH Sensors Market is driven by some of the leading players operating in the market including Texas Instruments (US), Banpil Photonics Inc. (US), Power Systems Inc. (US), Oceana Sensor Technologies Inc. (US), Infineon Technologies AG (Germany), In-Situ Inc. (UK), Omron Corporation (Japan), Omega (Switzerland), Emerson Process Management (US), Burkert and Endress+Hauser (Switzerland) With their sedulous work these fervent players are constantly bringing up novelties in PH Sensors. Acknowledging their contribution, MRFR has profiled them in their Analysis.
Global pH Sensors Market- Overview
pH Sensor, a device, used to quantify acid/ alkali concentration in substances like water, soil, & chemical etc. is garnering extensive traction worldwide. Using pH Sensor is the most practical & cost-effective way to measure pH balance in the substances. Hence, it is extensively used in industries like Water management/ treatment, Agriculture, Chemical & their associated industries like food & beverages etc. The extensive demand from the burgeoning industries (water treatment, F&B & Chemical) defines the market growth of pH Sensor worldwide.
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Acknowledging the recent proceedings, happening in the Market, the leading research firm, Market Research Future has published a meticulous study report giving out the complete market forecast up to 2023. In the study report, MRFR asserts that the Global pH Sensors Market will perceive an exponential growth, reaching to USD ~1802 million by 2023 at ~4% of a CAGR during 2017 to 2023.
Increasing population, industrialization & urbanization worldwide, are prompting the water requirement more than ever. On the other hand, due to the anthropogenic issues like global warming, climatic changes etc. the water resources worldwide are rapidly depleting, demanding to protect the available resources with the utmost care. Government bodies worldwide, are too emphasizing upon harnessing the available reservoirs wisely by initiating water treatment plants. However, these water reservoirs need to be treated properly by eradicating the acidic or other biohazard substances from them before declaring them as safe drinking water.
Agriculture sector is also substantially contributing to the market growth. Owing to the growing population, the demand for food & eventually for yields is rising rapidly, further leading to increasing the uptake of pH Sensor to test & enhance the quality of Soil. Besides, the resurging industries like O&G, Chemical, and Mining coupled with the burgeoning industries such as F&B, Pharmaceutical & Textile, presage the growth prospects for the pH Sensors Market. Also, growing number of research and testing labs across the world, are expected to provide impetus to the sales of pH sensor.
However, factors that restrict the uptake & ultimately the market growth of pH Sensor include, their cost & absence of standardization of these devices. Nevertheless, technological advancements are likely to present cost-competitive pH Sensor soon. This, in turn, will foster the market growth to an extent.
Global pH Sensors Market- Competitive Analysis
The global pH Sensors Market appears to be fiercely competitive and fragmented with many well-established players having the global presence. Brand reinforcement, mergers & acquisitions, and innovation remain the popular trends for the key players in the market.
Industry/Innovation/ Related News:
April 05, 2018 – Electro-Chemical Devices (ECD – US) launched its new Chlorine sensor named – Free Chlorine Sensor. Designed with polarographic technology, the new device is also useful in the disinfection applications such as pH dependent ratio of hypochlorous acid (~100% at pH 5) and hypochlorite ion (~100% at pH 10).
March 20, 2018 – Semtech Corporation (US) a leading global provider for mixed-signal semiconductors, high performance analogue & advanced algorithms announced that its LoRa Technology (LoRa® devices and wireless radio frequency technology) is been implemented by the Teralytic, a leading manufacturer of wireless soil sensors, in its wireless sensor that detects nitrogen, phosphate and NPK (potassium) levels in soil to help farmers reduce waste and to improve crop yields.
Global pH Sensors Market- Segmentation
For the convenience of the report and enhanced understanding; MRFR analysis is segmented into 5 key dynamics
By Components : Comprises Temperature Sensing Element, Measuring Electrode, sensor body & Reference Electrode and others.
By Types : Portable pH sensor, Benchtop pH sensor & On-line pH sensor.
By Measurement Technologies: Ion-Selective Field Effect Transistors (ISFET) & Amperometric Detectors among others.
By Application : Industrial, Agriculture, Paper & Pulp Industry, Metals & Mining, Food & Beverage industry & Healthcare among others.
By Regions : North America, Europe, APAC and Rest of the World.
Global pH Sensors Market-Regional Analysis
MEA (Middle East & Africa) is the largest market of PH Sensors accounting for the largest market share globally. The growth of MEA market attributes to the burgeoning industries in the region like food and beverage and water treatment that are highly dependent on pH meters to provide quality water and processed food products. Moreover stringent governmental regulations encourages to adopt pH meters for safe drinking water, in turn, driving the regional market growth.
Whereas Asia Pacific, North America and Europe regions accounts for the 2nd, 3rd & 4th largest markets for PH Sensors, respectively.