Market Overview:
The global electrochemical analysis equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electrochemical analysis equipment from environmental testing industry, biotechnology and pharmaceutical industries, food and agriculture industries, academic research institutes, and other end-user segments. The ion chromatographs segment is expected to grow at the highest CAGR during the forecast period owing to its growing demand from environmental testing industry and biotechnology and pharmaceutical industries. North America is estimated to account for the largest share of the global electrochemical analysis equipment market in 2018 followed by Europe. Asia Pacific is projected to be the fastest-growing region during the forecast period due with rising demand for electrochemical analysis equipment from countries such as China, Japan, India, South Korea, and Taiwan.
Product Definition:
Electrochemical analysis equipment is used to measure the electrical properties of a material. This information can be used to determine the composition and structure of the material. Electrochemical analysis equipment is important because it can be used to create a map of the electrical properties of a material, which can help researchers understand how that material behaves and functions.
Electrochemical Meters:
Electrochemical meters are instruments used for measuring the concentration of an electrolyte in a solution. They are also used to measure the potential difference between two electrodes (theory). The most common application of these devices is in pH & ORP testing, water analysis, and voltage measurement. These meters can be single or multi-functional; however they should have at least one common electrode (usually zinc or copper) and a working electrode that is different from the reference electrode.
Ion Chromatographs:
Ion chromatographs is an analytical tool used for separation and detection of compounds based on the ionic strength. It works by using a strong electric field which attracts the ions to travel through a membrane filter, this technique is commonly known as mass spectrometry. The technique has wide applications in forensic science, biotechnology, pharmaceuticals industries and environmental testing laboratories among others.
The market size for ion chromatographs was valued at USD 1.8 billion in 2015.
Application Insights:
The other application segment includes the chemical industry, petroleum refining, pulp and paper industries, water treatment and metal industries. The major share of this segment is attributed to the wide applications of electrochemical analysis equipment in these sectors. For instance, potentiostats are used for testing various chemicals at different potentials which include pesticides, cleaning compounds and explosives among others. Similarly, electrochemical analyzers are extensively used for analyzing wastewater in municipal sewage treatment plants as well as industrial effluents from manufacturing facilities to ensure compliance with environmental regulations. These factors are anticipated to drive demand over the forecast period thereby contributing towards overall market growth during the study period.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth of the region can be attributed to increasing government funding for R&D activities and rising awareness among end-users regarding the benefits of electrochemical analysis tools. Moreover, growing environmental concerns have led researchers and scientists to develop eco-friendly products, thereby driving product demand in this region.
In addition, increasing foreign direct investments by multinational companies are anticipated to drive regional growth over the forecast period. For instance, In 2014 Merck KGaA invested USD X million for acquiring Analox India Ltd., which manufactures potentiostats and Galvanostats under brand name Merkur electrochemical instruments. Similarly, many other players such as Extech Instruments Limited; Fluke Corporation; Bio-Rad Laboratories; PerkinElmer Inc.; Honeywell International Inc.; Beckman Coulter Ltd.; Lanzhou Institute Of Biological Products Co., Ltd.
Growth Factors:
- Increasing demand for electrochemical analysis equipment in the pharmaceutical and biotechnology industries for drug discovery and development.
- Growing demand from research institutes and universities for advanced electrochemical analysis equipment to carry out research on new materials, energy storage devices, and environmental pollutants.
- Increasing use of electrochemical analysis equipment in quality control laboratories to detect impurities in drugs, food products, and other consumables.
- Rising demand from process industries such as oil & gas, water treatment, and chemical processing for real-time monitoring of process parameters using electrochemical analysis techniques.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrochemical Analysis Equipment Market Research Report
By Type
Electrochemical Meters, Ion Chromatographs, Potentiostats/Galvanostats, Other
By Application
Environmental Testing Industry, Biotechnology and Pharmaceutical Industries, Food and Agriculture Industries, Academic Research Institutes, Other
By Companies
Metrohm, Corrosion Doctors, Gamry Instruments, Technic Inc., Sinsil International, AMEL Electrochemistry, Hanna Instruments, Metrohm AG, Yokogawa Electric Corporation, Thermo Fisher Scientific, Xylem, Horiba, Danaher
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Electrochemical Analysis Equipment Market Report Segments:
The global Electrochemical Analysis Equipment market is segmented on the basis of:
Types
Electrochemical Meters, Ion Chromatographs, Potentiostats/Galvanostats, Other
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
Environmental Testing Industry, Biotechnology and Pharmaceutical Industries, Food and Agriculture Industries, Academic Research Institutes, Other
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:
- Metrohm
- Corrosion Doctors
- Gamry Instruments
- Technic Inc.
- Sinsil International
- AMEL Electrochemistry
- Hanna Instruments
- Metrohm AG
- Yokogawa Electric Corporation
- Thermo Fisher Scientific
- Xylem
- Horiba
- Danaher
Highlights of The Electrochemical Analysis Equipment 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:
- Electrochemical Meters
- Ion Chromatographs
- Potentiostats/Galvanostats
- Other
- By Application:
- Environmental Testing Industry
- Biotechnology and Pharmaceutical Industries
- Food and Agriculture Industries
- Academic Research Institutes
- Other
- 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 Analysis Equipment 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 analysis equipment is used to measure the amount of substances in a sample. This equipment can be used to test for chemicals, minerals, and metals.
Some of the major players in the electrochemical analysis equipment market are Metrohm, Corrosion Doctors, Gamry Instruments, Technic Inc., Sinsil International, AMEL Electrochemistry, Hanna Instruments, Metrohm AG, Yokogawa Electric Corporation, Thermo Fisher Scientific, Xylem, Horiba, Danaher.
The electrochemical analysis equipment market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrochemical Analysis Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrochemical Analysis Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrochemical Analysis Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrochemical Analysis Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrochemical Analysis Equipment Market Size & Forecast, 2020-2028
4.5.1 Electrochemical Analysis Equipment Market Size and Y-o-Y Growth
4.5.2 Electrochemical Analysis Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electrochemical Meters
5.2.2 Ion Chromatographs
5.2.3 Potentiostats/Galvanostats
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Environmental Testing Industry
6.2.2 Biotechnology and Pharmaceutical Industries
6.2.3 Food and Agriculture Industries
6.2.4 Academic Research Institutes
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrochemical Analysis Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrochemical Analysis Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electrochemical Meters
9.6.2 Ion Chromatographs
9.6.3 Potentiostats/Galvanostats
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Environmental Testing Industry
9.10.2 Biotechnology and Pharmaceutical Industries
9.10.3 Food and Agriculture Industries
9.10.4 Academic Research Institutes
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electrochemical Meters
10.6.2 Ion Chromatographs
10.6.3 Potentiostats/Galvanostats
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Environmental Testing Industry
10.10.2 Biotechnology and Pharmaceutical Industries
10.10.3 Food and Agriculture Industries
10.10.4 Academic Research Institutes
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electrochemical Meters
11.6.2 Ion Chromatographs
11.6.3 Potentiostats/Galvanostats
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Environmental Testing Industry
11.10.2 Biotechnology and Pharmaceutical Industries
11.10.3 Food and Agriculture Industries
11.10.4 Academic Research Institutes
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electrochemical Meters
12.6.2 Ion Chromatographs
12.6.3 Potentiostats/Galvanostats
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Environmental Testing Industry
12.10.2 Biotechnology and Pharmaceutical Industries
12.10.3 Food and Agriculture Industries
12.10.4 Academic Research Institutes
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electrochemical Meters
13.6.2 Ion Chromatographs
13.6.3 Potentiostats/Galvanostats
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Environmental Testing Industry
13.10.2 Biotechnology and Pharmaceutical Industries
13.10.3 Food and Agriculture Industries
13.10.4 Academic Research Institutes
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrochemical Analysis Equipment Market: Competitive Dashboard
14.2 Global Electrochemical Analysis Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Metrohm
14.3.2 Corrosion Doctors
14.3.3 Gamry Instruments
14.3.4 Technic Inc.
14.3.5 Sinsil International
14.3.6 AMEL Electrochemistry
14.3.7 Hanna Instruments
14.3.8 Metrohm AG
14.3.9 Yokogawa Electric Corporation
14.3.10 Thermo Fisher Scientific
14.3.11 Xylem
14.3.12 Horiba
14.3.13 Danaher
