LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global liquid analytical instrument market is expected to grow at a CAGR of approximately 6% during the forecast period.
This research report titled ‘Global Liquid Analytical Instrument Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
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The global liquid analytical instruments market is classified into five major segments: pH/ORP, conductivity and resistivity, turbidity, oxygen analysis and dissolved oxygen, and others. The top three revenue contributors are illustrated below.
Global liquid analytical instruments market by pH/ORP segment: largest segment
The global liquid analytical instruments market by pH/ORP segment was valued at USD 313.57 million in 2015 and is expected to reach USD 439.79 million by 2020, growing at a CAGR of 7% during the forecast period.
A pH measurement determines the acidity or alkalinity of a liquid. Acidity or alkalinity is determined by the number of hydrogen ions or hydroxyl ions present in the liquid. ORP measurement determines the oxidation or reduction of a chemical substance. It is measured by the release or acceptance of electrons from a chemical reaction. The pH/ORP measurement is mainly used in the water and wastewater treatment industry. The pH/ORP measurement helps in determining the hardness of water as the consumption of hard water leads to health hazards.
According to Anju Ajaykumar, a lead analyst at Technavio for test and measurement research, “There are strict regulations that govern the drinking water industry output. For example, in the US, the FDA regulations that govern the safety and quality of bottled water are now as stringent as EPA regulations that govern tap water. In some cases, the regulations for bottled water are stricter. These regulations require that bottled water be safe and that it be treated, bottled, held and transported under hygienic conditions.”
Global liquid analytical instruments market by conductivity and resistivity segment: second-largest segment
The global liquid analytical instruments market by the conductivity and resistivity segment was valued at USD 233.19 million in 2015 and is expected to reach USD 322.50 million by 2020. “The market is witnessing the growing use of liquid analytical instruments in various laboratories and process industries to measure low or high conductivity or resistivity of a liquid. The demand these instruments mainly come from power, water, and pharmaceutical industries,” says Anju.
The power sector largely uses conductivity and resistivity measuring analytical instruments in the transformer oil testing process. Temperature plays a crucial role in measuring conductivity and resistivity. The conductivity of liquids increases as the temperature rises. Thus, the temperature coefficient needs to be considered when measuring the conductivity and resistivity of a liquid. Liquid analytical instrument manufacturing vendors are investing extensively in R&D to design and develop conductivity measurement instruments that incorporate the advanced functionality of temperature control.
Global liquid analytical instruments market by turbidity segment: third-largest segment
Turbidity refers to the clarity or cloudiness of a liquid. A turbidity measurement is an indicator of the effectiveness of a water treatment process. A highly turbid liquid indicates the presence of microbial pathogens, silt, sand, mud, and chemical precipitates, which are hazardous to human health.
The increasing demographic pressure on urban areas has propelled demand for high-quality and uncontaminated water for domestic consumption purposes. Also, the growing demand for potable water has led to the establishment of drinking water treatment plants. Turbidity measurements are carried out extensively in these plants to provide clean water to the public. Moreover, stringent Federal Food, Drug, and Cosmetic Act (FFDCA) regulations regarding bottled drinking water have added momentum to the growth of this segment even more.
The top vendors highlighted by Technavio’s research analysts in this report are:
- ABB
- Emerson Electric
- Endress+Hauser
- Teledyne
Browse Related Reports:
- Global Laboratory Analytical Instrumentation Market - Industry Analysis 2015-2019
- Global Process Automation and Instrumentation Market 2016-2020
- Global Dissolved Oxygen Meter Market 2016-2020
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