Conductivity Meter Market: Growing Number of Research & Development Activity and Testing Laboratories Such As Testing of Food, Water and Waste
Conductivity is beneficial in determining the complete health of a natural water body. A conductivity meter helping us to measure the quantity of conductance or electrical charges in a solution. Across the globe, conductivity meters are used to measure changes in wastewater procedures at water treatment plants. Rising petition for water & waste water treatment is expected to bolster the market demand for the global conductivity meter market during the forecast period. Moreover, apart from water treatment plant these types of meters are commonly used in environmental laboratories, environmental studies, chemistry laboratories and the food & beverage industry among others end use industry. Scientific advancements relating to efficiency, automation and design is expected to boost the demand for newly introduced conductivity meters for numerous types of applications. Furthermore, different types of features such as auto temperature, pressure compensation adjustments and calibration free measurements among others are attributable to growing demand for the conductivity meter market. Therefore, the conductivity meter market is expected to witness a steady growth during the forecast period from 2018 to 2026.
The global conductivity meter market has been segmented on the basis of application, end use industry and geography. Based on application, the market for conductivity meter has been segregated into different types which includes pH measurement, salinity and resistivity among others. The pH measurement segment accounted the major market share among others segment and also is likely to maintain this trend throughout the forecast period. Based on end use industry, the conductivity meter market has been classified into different types which includes water and waste water treatment, food & beverages, chemical, oil and gas, pharmaceutical and research & development among others. Increasing government focus to set up of new industrial area and growing government regulations regarding the quality of water used the harmful effects of basic or acidic nature of water, which is expected to trigger the demand for global conductivity meter market. Additionally, the growing number of research & development activity and testing laboratories such as testing of food, water and waste and soil laboratories is also one of the factors, expected to boost the usage of these devices. However, price based competition among the global players is projected to hinder the market growth during the forecast period.
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Geographically, the conductivity meter market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa and South America. In terms of revenue, in 2017, Asia Pacific held the largest market share in the global conductivity meter market. This is mainly due to Asia Pacific is one of the major hub for different OEM manufacturers and food & beverages processing companies are upgrading their old infrastructure, which is the major driving force behind escalating growth of conductivity meter business.
On the other hand, North America is expected to become the most promising market with a second highest market share followed by others region. Rising health concern among the population regarding adverse effect of quality of water, stringent rules and regulations on water & waste water treatment plants by different types of environmental protection agency and easy availability and accessibility of such instruments among other are the foremost factors that are likely to improvement the usage of conductivity meter across different part of North America. Furthermore, the growing usage of these products among different testing and research laboratories such as water testing, food testing and soil testing laboratories is identified to be one of the key driving factor contributing to the growth of the conductivity meter market.
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