In 2022, the global turbidimeter market is experiencing noteworthy year-on-year growth, with a rate of 5.6%, projecting a substantial valuation of approximately US$ 641.8 million by the end of the year. However, this marks just the initial phase of the narrative, as the global landscape is positioned for sustained expansion. Future Market Insights (FMI) anticipates a significant Compound Annual Growth Rate (CAGR) of 4.0% over the seven-year span from 2022 to 2029, crossing US$ 952.1 million during the forecast period.
Industries prioritizing precision, texture, appearance, and adhering to stringent cleanliness standards recognize the paramount importance of product quality. Sectors such as food, beverage, and chemicals place a premium on these attributes. With regulatory standards for water quality becoming more stringent, the demand for various types of turbidimeters is witnessing rapid growth.
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FMI’s insights also shed light on the geographic distribution of this market. North America is expected to take the lead, driven by a higher concentration of water treatment plants in the region. Meanwhile, Europe boasts a substantial share as well, surpassing North America in the Global Turbidimeter market. Together, these two regions are projected to collectively hold a revenue share of 41% in the global market by the conclusion of 2029.
This data underscores the critical role that turbidimeters play in a world where the purity and quality of water are paramount. As industries continue to prioritize adherence to rigorous quality standards, the turbidimeter market is set to play an increasingly vital role in ensuring that products and processes meet the highest standards of cleanliness and purity, safeguarding both consumers and the environment.
Quality maintenance is becoming a priority for various sectors that use analytical testing equipment, and turbidimeters are one of the preliminary equipment utilized for quality analysis. This would remain among the key factors pushing sales of turbidimeter at a global level.
Customers would be inclined towards online turbidimeters in the near future, as they are accurate, quicker, and thus, highly reliable. Moreover, online turbidity monitoring is possible for continuous flow systems with a high measuring range of up to 10,000 NTU.
Key Takeaways – Turbidimeter Market Study:
- Turbidity level of potable water has become a serious concern owing to contamination caused by toxic industrial waste and other pollutants. Strict measures are being taken for regulating turbidity levels of water.
- Various water treatment and effluent treatment plants (ETP) have been established in order to regulate turbidity and other parameters, which will fuel the growth of market.
- Increasing number of desalination plants in the Middle Eastern region is amplifying demand for turbidimeters.
- Handheld turbidimeters are gaining traction owing to their compact size and application in time-critical measurements. However, highly accurate analysis is still majorly conducted by benchtop turbidimeters, as they have a wider measurment range.
- Currently, sales of benchtop turbidimeters are relatively high in South Asia, because of more popularity of laboratory analysis in various industries.
- Prices of benchtop and handheld turbidimeters are comparatively low in East Asia than other regions, owing to the prominent presence of local manufacturers.
- Manufacturers are increasingly selling their products online to capitalize on features such as user-friendly interface, easy selection criteria, and price comparison.
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Key Players Profiled:
- Thermo Fisher Scientific Inc.
- Danaher (Hach) Corp
- Emerson Electric Co
- Xylem Inc.
- METTLER TOLEDO
- Merck KGaA
- PCE Instruments
- Hanna Instruments Inc.
- Tintometer Inc.
- LaMotte Company
Market Segmentation:
By Portability Type:
- Handheld
- Stationary
By Application:
- On-field
- Off-field
By End Use:
- Wastewater Treatment
- Chemical & Materials
- Oil & Gas
- Pharmaceutical
- Pulp & paper
- Food & Beverages
- Research & Academia
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East and Africa(MEA)
- Oceania
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Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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