Market Overview:
The global laboratory ORP meters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for accurate and reliable ORP measurements in research laboratories, process control laboratories, and other applications. In addition, the growing adoption of digital technologies in laboratory settings is also contributing to the growth of this market. Based on type, the global laboratory ORP meters market can be segmented into single channel, dual channel, and multi channel meters. The single channel segment is expected to account for a major share of this market during the forecast period owing to its low cost and easy installation. By application, research laboratories are expected to account for a major share of this market during the forecast period owing to their need for accurate and reliable ORP measurements.
Product Definition:
A Laboratory ORP Meter is a device used to measure the oxidation-reduction potential (ORP) of a solution. The ORP of a solution is an indication of its ability to oxidize or reduce other substances. The importance of Laboratory ORP Meters lies in their use as indicators of the stability and reactivity of solutions.
Single Channel:
Single-channel ORP meters are used to measure the oxygen demand of a patient's blood. It is an indirect measurement of the oxygen content in arterial blood and can be used with pulse oximeters to monitor hypoxemia in patients suffering from respiratory diseases such as cystic fibrosis or pneumonia.
Global Single Channel, it's usage.
Dual Channel:
Dual channel ORP meters are instruments that can measure both hardness (ORP) and total dissolved solids (TDS). It is a combination of an electrical conductivity probe and a measuring cup. The instrument has two channels, one for TDS measurement and other to read the conductivity value. These devices are used in laboratories where there is need to check the quality of water as well as in industrial applications for monitoring process water quality.
Application Insights:
The process control laboratory segment dominated the market in terms of revenue share in 2017. This is attributed to a rising number of industrial processes that require precise measurement for controlling the process. The others application segment includes research laboratories and education institutions. Increasing government funding for advanced equipment in research laboratories across the world is expected to drive product demand from this segment over the forecast period.
The Asia Pacific region has been witnessing significant growth due to increasing investments by industry players there towards R&D activities related to Process Control & Petrochemicals, Food & Beverages and Energy sectors among others.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. This can be attributed to the presence of a large number of research organizations and process control laboratories that are actively involved in R&D activities related to ORP measurement. The U.S.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing government investments on water management coupled with rising awareness among end-users regarding water usage restrictions due to pollution issues. These factors are anticipated contribute towards regional growth during the forecast period from 2018 To 2030 (estimated).
Growth Factors:
- Increasing demand for water treatment: The global water crisis is one of the most pressing issues of our time. With the population growing at an alarming rate and water resources becoming scarcer, the need for efficient and effective water treatment solutions is greater than ever before. Laboratory ORP meters can play a key role in helping to address this issue, making it a growth driver for the market.
- Rising awareness of environmental concerns: As people become more aware of the impact that their actions have on the environment, they are increasingly looking for ways to reduce their carbon footprint. One way that they can do this is by using laboratory ORP meters, which help to conserve energy and resources by optimizing water treatment processes.
- Growing demand from industrial sector: The industrial sector is one of the biggest consumers of treated water around the world and is thus a key target market for laboratory ORP meters manufacturers . By addressing specific needs such as corrosion prevention or wastewater recycling , these meters can help companies save money while also protecting our environment .
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory ORP Meters Market Research Report
By Type
Single Channel, Dual Channel, Multi Channel
By Application
Research Laboratory, Process Control Laboratory, Others
By Companies
Thermo Fisher Scientific, HORIBA, TPS, Sensorex, Hach, Thermo Fisher Scientific
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory ORP Meters Market Report Segments:
The global Laboratory ORP Meters market is segmented on the basis of:
Types
Single Channel, Dual Channel, Multi Channel
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
Research Laboratory, Process Control Laboratory, Others
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:
- Thermo Fisher Scientific
- HORIBA
- TPS
- Sensorex
- Hach
- Thermo Fisher Scientific
Highlights of The Laboratory ORP Meters 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:
- Single Channel
- Dual Channel
- Multi Channel
- By Application:
- Research Laboratory
- Process Control Laboratory
- Others
- 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 Laboratory ORP Meters 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.
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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?
Laboratory ORP meters are used to measure the oxygen concentration in a given sample.
Some of the major players in the laboratory orp meters market are Thermo Fisher Scientific, HORIBA, TPS, Sensorex, Hach, Thermo Fisher Scientific.
The laboratory orp meters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory ORP Meters 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 Laboratory ORP Meters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Laboratory ORP Meters 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 Laboratory ORP Meters 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 Laboratory ORP Meters Market Size & Forecast, 2020-2028 4.5.1 Laboratory ORP Meters Market Size and Y-o-Y Growth 4.5.2 Laboratory ORP Meters 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 Single Channel
5.2.2 Dual Channel
5.2.3 Multi Channel
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 Research Laboratory
6.2.2 Process Control Laboratory
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory ORP Meters 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 Laboratory ORP Meters 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 Single Channel
9.6.2 Dual Channel
9.6.3 Multi Channel
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 Research Laboratory
9.10.2 Process Control Laboratory
9.10.3 Others
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 Single Channel
10.6.2 Dual Channel
10.6.3 Multi Channel
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 Research Laboratory
10.10.2 Process Control Laboratory
10.10.3 Others
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 Single Channel
11.6.2 Dual Channel
11.6.3 Multi Channel
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 Research Laboratory
11.10.2 Process Control Laboratory
11.10.3 Others
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 Single Channel
12.6.2 Dual Channel
12.6.3 Multi Channel
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 Research Laboratory
12.10.2 Process Control Laboratory
12.10.3 Others
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 Single Channel
13.6.2 Dual Channel
13.6.3 Multi Channel
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 Research Laboratory
13.10.2 Process Control Laboratory
13.10.3 Others
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 Laboratory ORP Meters Market: Competitive Dashboard
14.2 Global Laboratory ORP Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 HORIBA
14.3.3 TPS
14.3.4 Sensorex
14.3.5 Hach
14.3.6 Thermo Fisher Scientific