Market Overview:
The global electrochemical accessories market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electrochemical accessories in various applications such as chemical industrial, education & research, pharmaceutical industrial and other applications. In addition, the growing demand for electrochemical accessories in emerging countries is also contributing to the growth of this market. However, fluctuating prices of raw materials may restrain the growth of this market during the forecast period. On basis of type, electrodes are expected to hold a major share in global electrochemical accessories market during 2018-2030 owing to their wide usage across various industries and applications. Analytical cell kit is another key type segment that would witness significant adoption over next decade on account rising application areas across life sciences sector coupled with technological advancements being made in field analytical instruments.
Product Definition:
An electrochemical accessory is a device used to connect to or enclose an electrochemical cell. The purpose of the accessory may be to protect the cell from the environment, provide electrical connections, or circulate fluid around the cell.
Electrodes:
An electrode is a device that allows the measurement of chemical species or physical parameters in an electrolytic cell. The most common application of electrodes is to convert the analog signals generated by sensors into digital form, and vice versa. In addition, they are used for providing information about the state of a physical system to be recorded in electronic data files.
Analytical Cell Kit:
The analytical cell kit is used in the electrochemical accessories market for quantitative estimation of electrolytes, buffers, proteins and other compounds. The most commonly used kits are 96-well plate assay and 384-well plate assay. These assays are highly sensitive owing to which they can be used for detecting very small traces of analyte even at high concentration.
Increasing demand for automation in laboratory operations has led to introduction of automated systems that require fewer resources.
Application Insights:
The other applications segment includes medical, food and beverage, water treatment, pulp and paper industry. The demand for the electrochemical accessories in this application is expected to grow at a CAGR of XX% from 2018 to 2030 owing to the increasing use of such products in various industries including pulp and paper.
Electrochemical sensors are used for monitoring gas or liquid level in tanks or vessels with a sensor head that can be attached directly to an electronic gauge or display screen without the need for cables or wires connecting them together. Such accessories are widely used across several industries including oil & gas, chemical manufacturing as well as mining among others due to their enhanced accuracy levels over traditional mechanical gauges which were previously employed by these industries.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with rising demand for disposable and single-use products is likely to drive growth in this region. In addition, increasing investments by governments for research & development activities are anticipated to propel industry expansion over the coming years.
North America accounted for a significant share owing to growing demand from end-use industries such as pharmaceuticals, food & beverage, chemicals among others. Increasing R&D expenditure by major companies on improving analytical techniques used in various industries has led to an increase in electrochemical accessories demand across this region as well.
The European market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for fuel cells: The Electrochemical Accessories market is expected to benefit from the increasing demand for fuel cells, as these devices require a number of electrochemical accessories for their functioning.
- Growing popularity of electric vehicles: Electric vehicles are becoming increasingly popular, and this is likely to drive the demand for electrochemical accessories in the coming years.
- Rising investment in renewable energy sources: Renewable energy sources such as solar and wind power are gaining traction across the world, which is likely to spur growth in the Electrochemical Accessories market over the forecast period.
- Proliferation of smart grids: Smart grids are being adopted at a rapid pace across the world, which is expected to create opportunities for players operating in the Electrochemical Accessories market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrochemical Accessories Market Research Report
By Type
Electrodes, Analytical Cell Kit, Wire and Clip, Others
By Application
Chemical Industrial, Education & Research, Pharmaceutical Industrial, Other Applications
By Companies
Sciencetech Inc., CH Instruments, Inc., ZAHNER-elektrik, AMETEK SI, PalmSens, Par-solartron, Mettler-Toledo, IviumTechnologies, Wuhan CorrTest Instruments, Auto Lab, Solartron
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Electrochemical Accessories Market Report Segments:
The global Electrochemical Accessories market is segmented on the basis of:
Types
Electrodes, Analytical Cell Kit, Wire and Clip, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industrial, Education & Research, Pharmaceutical Industrial, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sciencetech Inc.
- CH Instruments, Inc.
- ZAHNER-elektrik
- AMETEK SI
- PalmSens
- Par-solartron
- Mettler-Toledo
- IviumTechnologies
- Wuhan CorrTest Instruments
- Auto Lab
- Solartron
Highlights of The Electrochemical Accessories Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electrodes
- Analytical Cell Kit
- Wire and Clip
- Others
- By Application:
- Chemical Industrial
- Education & Research
- Pharmaceutical Industrial
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrochemical Accessories Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrochemical Accessories are devices and materials that can be used in electrochemistry. They include electrodes, separators, conductors, and sensors.
Some of the major companies in the electrochemical accessories market are Sciencetech Inc., CH Instruments, Inc., ZAHNER-elektrik, AMETEK SI, PalmSens, Par-solartron, Mettler-Toledo, IviumTechnologies, Wuhan CorrTest Instruments, Auto Lab, Solartron.
The electrochemical accessories market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrochemical Accessories Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrochemical Accessories Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrochemical Accessories Market - Supply Chain
4.5. Global Electrochemical Accessories Market Forecast
4.5.1. Electrochemical Accessories Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrochemical Accessories Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrochemical Accessories Market Absolute $ Opportunity
5. Global Electrochemical Accessories Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrochemical Accessories Market Size and Volume Forecast by Type
5.3.1. Electrodes
5.3.2. Analytical Cell Kit
5.3.3. Wire and Clip
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrochemical Accessories Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrochemical Accessories Market Size and Volume Forecast by Application
6.3.1. Chemical Industrial
6.3.2. Education & Research
6.3.3. Pharmaceutical Industrial
6.3.4. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrochemical Accessories Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrochemical Accessories Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrochemical Accessories Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrochemical Accessories Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrochemical Accessories Demand Share Forecast, 2019-2026
9. North America Electrochemical Accessories Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrochemical Accessories Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrochemical Accessories Market Size and Volume Forecast by Application
9.4.1. Chemical Industrial
9.4.2. Education & Research
9.4.3. Pharmaceutical Industrial
9.4.4. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrochemical Accessories Market Size and Volume Forecast by Type
9.7.1. Electrodes
9.7.2. Analytical Cell Kit
9.7.3. Wire and Clip
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrochemical Accessories Demand Share Forecast, 2019-2026
10. Latin America Electrochemical Accessories Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrochemical Accessories Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrochemical Accessories Market Size and Volume Forecast by Application
10.4.1. Chemical Industrial
10.4.2. Education & Research
10.4.3. Pharmaceutical Industrial
10.4.4. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrochemical Accessories Market Size and Volume Forecast by Type
10.7.1. Electrodes
10.7.2. Analytical Cell Kit
10.7.3. Wire and Clip
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrochemical Accessories Demand Share Forecast, 2019-2026
11. Europe Electrochemical Accessories Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrochemical Accessories Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrochemical Accessories Market Size and Volume Forecast by Application
11.4.1. Chemical Industrial
11.4.2. Education & Research
11.4.3. Pharmaceutical Industrial
11.4.4. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrochemical Accessories Market Size and Volume Forecast by Type
11.7.1. Electrodes
11.7.2. Analytical Cell Kit 11.7.3. Wire and Clip
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrochemical Accessories Demand Share, 2019-2026
12. Asia Pacific Electrochemical Accessories Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrochemical Accessories Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrochemical Accessories Market Size and Volume Forecast by Application
12.4.1. Chemical Industrial
12.4.2. Education & Research
12.4.3. Pharmaceutical Industrial
12.4.4. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrochemical Accessories Market Size and Volume Forecast by Type
12.7.1. Electrodes
12.7.2. Analytical Cell Kit
12.7.3. Wire and Clip
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrochemical Accessories Demand Share, 2019-2026
13. Middle East & Africa Electrochemical Accessories Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrochemical Accessories Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrochemical Accessories Market Size and Volume Forecast by Application
13.4.1. Chemical Industrial
13.4.2. Education & Research
13.4.3. Pharmaceutical Industrial
13.4.4. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrochemical Accessories Market Size and Volume Forecast by Type
13.7.1. Electrodes
13.7.2. Analytical Cell Kit
13.7.3. Wire and Clip
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrochemical Accessories Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrochemical Accessories Market: Market Share Analysis
14.2. Electrochemical Accessories Distributors and Customers
14.3. Electrochemical Accessories Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sciencetech Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CH Instruments, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ZAHNER-elektrik
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AMETEK SI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PalmSens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Par-solartron
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mettler-Toledo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IviumTechnologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wuhan CorrTest Instruments
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Auto Lab
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Solartron
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
