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pH Meters Market size expected to grow at around 5% CAGR from 2016 to 2023

pH Meters Market size was estimated at over USD 1.3 billion in 2015 and is expected to grow at around 5% CAGR from 2016 to 2023. High demand for these devices in agriculture, food and beverages, water treatment plants, fertilizers, pharmaceuticals, oil and gas sector, power industries and mining sector is among the leading factors expected to drive growth. Rising health concern and growing water purity awareness levels among people are also major demand drivers.

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pH Meters Market size expected to grow at around 5% CAGR from 2016 to 2023

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  1. pH Meters Market size expected to grow at around 5% CAGR from 2016 to 2023: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network

  2. Regional Analysis of pH Meter Market: • U.S. pH meters market share was significant, due to high prevalence across various application areas, as well as government guidelines on water intensive industries. • Asia Pacific pH meters market is estimated to grow at approximately 5% CAGR over the forecast timeframe. Increasing awareness about novel devices with technologically advanced sensors and applications of such measuring devices among agricultural scientists, industrial researchers, and experts are some factors enabling growth. • Europe was the highest revenue generating region with over 30% of the global pH meters market share in 2015. Factors responsible for considerable revenue comprise the presence of industrial infrastructure and sophisticated advanced healthcare, high level of R&D activities, high degree of health concerns and awareness relating to waterborne diseases.

  3. Application Analysis of pH MeterMarket: • pH meters are needed to detect water alkalinity and to verify its purity. • They are mostly used at water purification plants to check water purity level and determine whether it is potable or not. • Water contamination rates and water borne diseases have impelled people to use these devices in the household. • pH meters market is likely to witness growth in future due to increasing concerns of people about personal health.

  4. Competitive Market Share of pH Meter Market : • Major companies operating in the U.S. include Hanna Instruments, Hach Company, Mettler Toledo, Thermo Fisher, Rosemount Analytical, etc. • Other key players are Qingdao Tlead International, PerkinElmer, Agilent Technologies, Zhangzhou Eastern Intelligent Meter, Hangzhou Lohand Biotechnology, Tecpel, Suzhou Unigreen Electronic Technology, Shenzhen Huge Creation Technology, Shanghai Selon Scientific Instrument, Yantai Chemins Instrument, Contech Instruments, Horiba and Swastik Scientific Company

  5. Browse Full Market Research Report On pH Meter Market @ https://www.gminsights.com/industry-analysis/ph-meters-market Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/455

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