Market Overview:
The global multiparameter 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 multiparameter meters from various end-use industries, such as industrial, utility, laboratory, and others. In addition, the growing awareness about energy conservation is also propelling the demand for multiparameter meters across the globe. Based on type, the global multiparameter meters market can be segmented into benchtop multiparameter meters and portable multiparameter meters. Benchtop multimmetermeters are more popular among users owing to their high accuracy and precision levels; however, portable multimmetermeters are witnessing a higher growth rate due to their easy portability and low installation costs. , food & beverage industry., oil refineries etc.
Product Definition:
A multiparameter meter is a device that measures two or more parameters of the same process. The most common multiparameter meters are those that measure pH, dissolved oxygen (DO), and conductivity. Multiparameter meters are important because they allow for the measurement of multiple process parameters simultaneously, which can help to optimize process performance.
Benchtop Multiparameter Meters:
Benchtop multiparameter meters are electronic devices used for measuring various physical parameters such as temperature, force, and position. They can be used in industries such as automotive, medical and electronics sectors. The increasing use of benchtop multiparameter meters in the medical sector is expected to drive the market over the forecast period.
Portable Multiparameter Meters:
Portable multiparameter meters are electronic devices used to measure blood pressure, pulse rate, and other physical parameters. They can be battery powered or plug in depending on the model. The most important factor that differentiates them from conventional ones is their size and weight. Conventional ones are huge in size and weight which makes it difficult to use them for home-care settings where patients need frequent blood transfusions or if they have difficulty moving around.
Application Insights:
The utility application segment led the global multiparameter meters market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electricity, water and gas in various regions, such as North America and Europe. Furthermore, factors such as growing investments by companies for developing new sources of energy are expected to drive the utility application segment over the forecast period.
The laboratory application segment accounted for 23% share of the total revenue in 2017 owing to wide-scale use of blood glucose monitoring devices across laboratories worldwide. These devices require highly accurate measurement tools, which is driving multiparameter meters market growth across laboratories globally. Other applications include industrial and others; however these segments are estimated at lower volumes compared with other two segments on account of high cost associated with them (such Multiparameter Meters Market Report 2018).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for high-end and complex medical devices, rising healthcare expenditure, and favorable reimbursement policies & regulatory reforms in countries such as U.S., Canada, and Mexico that support market growth.
Growth Factors:
- Increasing demand for multiparameter meters from the process and manufacturing industries for accurate and reliable measurements.
- Rising demand for multiparameter meters in research and development laboratories to measure various physical parameters of fluids, gases, and solids.
- Growing popularity of portable multiparameter meters owing to their ease of use and portability.
- Increasing number of applications for multiparameter meters in water treatment, environmental monitoring, biotechnology, food processing, and other industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multiparameter Meters Market Research Report
By Type
Benchtop Multiparameter Meters, Portable Multiparameter Meters
By Application
Industrial, Utility, Laboratory, Others
By Companies
Xylem, Hach, Hanna Instruments, Thermo Fisher Scientific, Horiba, Palintest, Jenco Instruments, In-Situ, Extech Instruments, Oakton, DKK-TOA, Tintometer, Bante, Leici, Cole-Parmer
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Multiparameter Meters Market Report Segments:
The global Multiparameter Meters market is segmented on the basis of:
Types
Benchtop Multiparameter Meters, Portable Multiparameter Meters
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
Industrial, Utility, 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:
- Xylem
- Hach
- Hanna Instruments
- Thermo Fisher Scientific
- Horiba
- Palintest
- Jenco Instruments
- In-Situ
- Extech Instruments
- Oakton
- DKK-TOA
- Tintometer
- Bante
- Leici
- Cole-Parmer
Highlights of The Multiparameter 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:
- Benchtop Multiparameter Meters
- Portable Multiparameter Meters
- By Application:
- Industrial
- Utility
- 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 Multiparameter 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?
Multiparameter meters are used to measure multiple parameters simultaneously.
Some of the major players in the multiparameter meters market are Xylem, Hach, Hanna Instruments, Thermo Fisher Scientific, Horiba, Palintest, Jenco Instruments, In-Situ, Extech Instruments, Oakton, DKK-TOA, Tintometer, Bante, Leici, Cole-Parmer.
The multiparameter meters market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multiparameter Meters 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. Multiparameter Meters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multiparameter Meters Market - Supply Chain
4.5. Global Multiparameter Meters Market Forecast
4.5.1. Multiparameter Meters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multiparameter Meters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multiparameter Meters Market Absolute $ Opportunity
5. Global Multiparameter Meters 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. Multiparameter Meters Market Size and Volume Forecast by Type
5.3.1. Benchtop Multiparameter Meters
5.3.2. Portable Multiparameter Meters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multiparameter Meters 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. Multiparameter Meters Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Utility
6.3.3. Laboratory
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multiparameter Meters 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. Multiparameter Meters 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 Multiparameter Meters 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. Multiparameter Meters 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 Multiparameter Meters Demand Share Forecast, 2019-2026
9. North America Multiparameter Meters 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 Multiparameter Meters 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 Multiparameter Meters Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Utility
9.4.3. Laboratory
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multiparameter Meters Market Size and Volume Forecast by Type
9.7.1. Benchtop Multiparameter Meters
9.7.2. Portable Multiparameter Meters
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 Multiparameter Meters Demand Share Forecast, 2019-2026
10. Latin America Multiparameter Meters 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 Multiparameter Meters 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 Multiparameter Meters Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Utility
10.4.3. Laboratory
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multiparameter Meters Market Size and Volume Forecast by Type
10.7.1. Benchtop Multiparameter Meters
10.7.2. Portable Multiparameter Meters
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 Multiparameter Meters Demand Share Forecast, 2019-2026
11. Europe Multiparameter Meters 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 Multiparameter Meters 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 Multiparameter Meters Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Utility
11.4.3. Laboratory
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multiparameter Meters Market Size and Volume Forecast by Type
11.7.1. Benchtop Multiparameter Meters
11.7.2. Portable Multiparameter Meters
11.8. Basis Point Share (BPS) Analysisby 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 Multiparameter Meters Demand Share, 2019-2026
12. Asia Pacific Multiparameter Meters 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 Multiparameter Meters 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 Multiparameter Meters Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Utility
12.4.3. Laboratory
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multiparameter Meters Market Size and Volume Forecast by Type
12.7.1. Benchtop Multiparameter Meters
12.7.2. Portable Multiparameter Meters
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 Multiparameter Meters Demand Share, 2019-2026
13. Middle East & Africa Multiparameter Meters 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 Multiparameter Meters 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 Multiparameter Meters Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Utility
13.4.3. Laboratory
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multiparameter Meters Market Size and Volume Forecast by Type
13.7.1. Benchtop Multiparameter Meters
13.7.2. Portable Multiparameter Meters
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 Multiparameter Meters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multiparameter Meters Market: Market Share Analysis
14.2. Multiparameter Meters Distributors and Customers
14.3. Multiparameter Meters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Xylem
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hach
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hanna Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thermo Fisher Scientific
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Horiba
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Palintest
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jenco Instruments
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. In-Situ
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Extech 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. Oakton
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DKK-TOA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tintometer
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Bante
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Leici
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Cole-Parmer
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
