Insights on the pH Sensors & Analyzers Global Market to 2028 - Featuring ABB, Hach & Mettler Toledo Among Others - ResearchAndMarkets.com

The "Global pH Sensors & Analyzers Market 2019-2028" report has been added to ResearchAndMarkets.com's offering.

According to this report the global pH sensors & analyzers market is predicted to grow at a CAGR of 8.15% over the forecasting years between 2019 and 2028.

The rising government regulations on water-intensive industries is likely to boost the growth of the global pH sensors & analyzers market. There is continuous growth in the water and wastewater treatment market owing to the agricultural intensification, explosive population growth, changing climatic conditions and the growing public awareness. This factor is consequently propagating the pH sensors & analyzers market's growth. Moreover, the booming oil & gas industry is likely to create new opportunities for the studied market. However, the huge initial investment concerning installation, designing and fabrication is restraining the market. Also, the absence of established operational standards is posing a challenge to market growth.

The global market report covers the countries from North America, Europe, the Asia-Pacific, Latin America and the Middle East and Africa.

Asia-Pacific is likely to be the fastest-growing region for the pH sensors & analyzers market in the projected period. The developing economy, coupled with the rising public awareness regarding technological advancements, is boosting the regional market growth. The growth in the pharmaceutical and biotechnology sector is estimated to fuel the demand for pH sensors & analyzers, thereby proliferating the market growth. The growing government initiatives for funding in the region are favoring the market growth. Moreover, the rising focus on nanotechnology in countries like India is pushing the demand for the studied market. All these factors are likely to aid the market growth in Asia-Pacific.

Market Dynamics

Drivers

  • Government Regulations on Water-Incentive Industries
  • Growth of Water and Wastewater Treatment
  • Automation to Support the Adoption of pH Sensors & Analyzers

Restraints

  • Costs Constraints

Opportunities

  • Oil & Gas Industry to Offer Lucrative Growth Opportunity for pH Sensors
  • Rise in Strategic Collaborations

Challenges

  • Lack of Established Standards

Companies Mentioned

  • ABB
  • Emerson Electric Co
  • Endress+Hauser AG
  • GF Piping Systems Ltd
  • Hach
  • Halma plc (Sensorex)
  • Honeywell International Inc
  • Kobold Messring GmbH
  • Mettler Toledo
  • Presens Precision Sensing GmbH
  • Schneider Electric (Foxboro)
  • Sea-Bird Scientific
  • Thermo Fisher Scientific Inc
  • Xylem
  • Yokogawa Electric Corporation

For more information about this report visit https://www.researchandmarkets.com/r/qic60n