PH SENSORS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The global pH sensors market is estimated to be valued at USD 530.5 Mn in 2024 and is expected to reach USD 823.6 Mn by 2031, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

pH sensors are ion-selective field effect transistors that measure the activity of hydrogen ions (H+) in solution. They help convert the hydrogen ion concentration into an electrical signal which can then be measured and converted into a pH value. The global pH sensors market has been gaining traction backed by wide applications of these sensors across various industries such as food processing, pharmaceuticals, paper and pulp, water, and wastewater treatment among others. They help monitor critical processes and ensure quality control. With growing emphasis on quality and process optimization, the demand for pH sensors is expected to surge over the forecast period.

Market Dynamics:

The global pH sensors market is projected to witness significant growth over the forecast period owing to factors such as growing focus on wastewater treatment, increasing food processing industries, and stringent government regulations regarding environment protection and industrial waste management. However, high costs associated with these sensors are expected to hinder the market growth. On the other hand, the increasing adoption of smart infrastructure and growing demand for miniaturized sensors are offering new growth avenues for market players. The introduction of advanced optical and Internet of Things-based pH sensors is further expected to drive revenues in the coming years.

Key Features of the Study:

• This report provides an in-depth analysis of the global pH sensors market, and provides market size (US$ Mn) and Compound Annual Growth Rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global pH sensors market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• The key companies covered as a part of this study include Emerson Electric Co., Endress+Hauser Group Services AG, GF Piping Systems, Hach Company, Halma plc, Honeywell International Inc., Mettler-Toledo International Inc., Schneider Electric SE, Thermo Fisher Scientific Inc., Xylem Inc., and Yokogawa Electric Corporation.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global pH sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pH sensors market.

Detailed Segmentation:

• Type:
  • Process Sensors
  • Differential Sensors
  • Combination pH Sensors
  • Laboratory Sensors
• System Type:
  • Benchtop
  • Portable
• Application:
  • Biotechnology processes
  • Clinical Analysis
    • Blood Analysis
    • Saliva Analysis
    • Wound Analysis
    • Others (Urine Analysis, etc.)
• Region: 
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • Emerson Electric Co.
  • Endress+Hauser Group Services AG
  • GF Piping Systems
  • Hach Company
  • Halma plc
  • Honeywell International Inc.
  • Mettler-Toledo International Inc.
  • Schneider Electric SE
  • Thermo Fisher Scientific Inc.
  • Xylem Inc.
  • Yokogawa Electric Corporation